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Nishat Power (KAR:NPL) Cyclically Adjusted Book per Share : ₨66.15 (As of Mar. 2024)


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What is Nishat Power 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.

Nishat Power's adjusted book value per share for the three months ended in Mar. 2024 was ₨89.788. 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 ₨66.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nishat Power's average Cyclically Adjusted Book Growth Rate was 12.40% 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 (2024-06-09), Nishat Power's current stock price is ₨37.27. Nishat Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨66.15. Nishat Power's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nishat Power was 0.58. The lowest was 0.27. And the median was 0.38.


Nishat Power Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nishat Power'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.

Nishat Power Cyclically Adjusted Book per Share Chart

Nishat Power 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 - - 45.38 55.90 60.73

Nishat Power 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 58.83 60.73 62.57 63.68 66.15

Competitive Comparison of Nishat Power's Cyclically Adjusted Book per Share

For the Utilities - Independent Power Producers subindustry, Nishat Power'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.


Nishat Power's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nishat Power's Cyclically Adjusted PB Ratio falls into.



Nishat Power 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, Nishat Power'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)
=89.788/131.7762*131.7762
=89.788

Current CPI (Mar. 2024) = 131.7762.

Nishat Power Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.245 100.560 38.324
201409 31.481 100.428 41.308
201412 32.618 99.070 43.386
201503 32.609 99.621 43.134
201506 32.797 100.684 42.925
201509 35.422 100.392 46.496
201512 34.746 99.792 45.882
201603 35.263 100.470 46.251
201606 34.599 101.688 44.836
201609 36.669 101.861 47.438
201612 35.986 101.863 46.554
201703 37.155 102.862 47.599
201706 39.251 103.349 50.047
201709 41.679 104.136 52.742
201712 41.965 104.011 53.167
201803 44.074 105.290 55.161
201806 46.318 106.317 57.410
201809 49.099 106.507 60.748
201812 50.182 105.998 62.386
201903 53.101 107.251 65.244
201906 54.130 108.070 66.004
201909 57.743 108.329 70.241
201912 61.015 108.420 74.159
202003 63.652 108.902 77.022
202006 66.885 108.767 81.034
202009 68.524 109.815 82.228
202012 70.066 109.897 84.015
202103 71.925 111.754 84.811
202106 73.457 114.631 84.444
202109 76.038 115.734 86.578
202112 76.646 117.630 85.864
202203 77.867 121.301 84.591
202206 79.340 125.017 83.630
202209 82.004 125.227 86.293
202212 80.611 125.222 84.830
202303 80.960 127.348 83.775
202306 84.394 128.729 86.392
202309 88.510 129.860 89.816
202312 87.934 129.419 89.535
202403 89.788 131.776 89.788

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


Nishat Power  (KAR:NPL) 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.

Nishat Power's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.27/66.15
=0.56

* 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 Nishat Power was 0.58. The lowest was 0.27. And the median was 0.38.


Be Aware

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


Nishat Power Cyclically Adjusted Book per Share Related Terms

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


Nishat Power (KAR:NPL) Business Description

Traded in Other Exchanges
N/A
Address
1-B, Aziz Avenue, Canal Bank, Gulberg-V, Lahore, PB, PAK
Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan.

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