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Kohinoor Textile Mills (KAR:KTML) Cyclically Adjusted Book per Share : ₨116.73 (As of Mar. 2024)


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What is Kohinoor Textile Mills Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Kohinoor Textile Mills's adjusted book value per share for the three months ended in Mar. 2024 was ₨192.949. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₨116.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kohinoor Textile Mills's average Cyclically Adjusted Book Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-10), Kohinoor Textile Mills's current stock price is ₨84.09. Kohinoor Textile Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨116.73. Kohinoor Textile Mills's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kohinoor Textile Mills was 0.90. The lowest was 0.34. And the median was 0.55.


Kohinoor Textile Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kohinoor Textile Mills's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kohinoor Textile Mills Cyclically Adjusted Book per Share Chart

Kohinoor Textile Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 108.69

Kohinoor Textile Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.74 108.69 111.24 112.73 116.73

Competitive Comparison of Kohinoor Textile Mills's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Kohinoor Textile Mills's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kohinoor Textile Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kohinoor Textile Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kohinoor Textile Mills's Cyclically Adjusted PB Ratio falls into.



Kohinoor Textile Mills Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Kohinoor Textile Mills's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=192.949/131.7762*131.7762
=192.949

Current CPI (Mar. 2024) = 131.7762.

Kohinoor Textile Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 44.551 100.560 58.381
201409 46.475 100.428 60.982
201412 49.580 99.070 65.948
201503 53.223 99.621 70.402
201506 56.927 100.684 74.507
201509 59.823 100.392 78.525
201512 61.825 99.792 81.640
201603 64.806 100.470 84.999
201606 68.336 101.688 88.556
201609 73.402 101.861 94.959
201612 75.837 101.863 98.108
201703 79.079 102.862 101.308
201706 80.294 103.349 102.380
201709 85.835 104.136 108.618
201712 90.992 104.011 115.282
201803 86.913 105.290 108.777
201806 90.033 106.317 111.593
201809 92.564 106.507 114.525
201812 94.392 105.998 117.348
201903 96.073 107.251 118.043
201906 98.252 108.070 119.805
201909 97.965 108.329 119.169
201912 105.322 108.420 128.011
202003 94.023 108.902 113.772
202006 93.018 108.767 112.695
202009 98.926 109.815 118.710
202012 104.525 109.897 125.335
202103 110.898 111.754 130.766
202106 118.919 114.631 136.705
202109 118.480 115.734 134.902
202112 125.818 117.630 140.949
202203 129.743 121.301 140.947
202206 129.524 125.017 136.527
202209 137.501 125.227 144.693
202212 142.597 125.222 150.061
202303 149.861 127.348 155.072
202306 150.271 128.729 153.828
202309 170.196 129.860 172.708
202312 183.539 129.419 186.881
202403 192.949 131.776 192.949

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Kohinoor Textile Mills  (KAR:KTML) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kohinoor Textile Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.09/116.73
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kohinoor Textile Mills was 0.90. The lowest was 0.34. And the median was 0.55.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kohinoor Textile Mills Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Kohinoor Textile Mills's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Kohinoor Textile Mills (KAR:KTML) Business Description

Traded in Other Exchanges
N/A
Address
42-Lawrence Road, Lahore, PB, PAK, 54000
Kohinoor Textile Mills Ltd is a company engaged in the manufacturing of yarn and cloth, processing and stitching the cloth, and trade of textile products. It operates through six divisions which comprise Spinning, Weaving, Processing and Home Textile. It is engaged in the production of yarns from natural and artificial fibers and greige fabrics for the manufacture of printed and dyed fabrics and home textile articles. The company generates maximum revenue from the Spinning segment.

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