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Sapphire Textile Mills (KAR:SAPT) Cyclically Adjusted Book per Share : ₨1,410.42 (As of Mar. 2024)


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What is Sapphire 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.

Sapphire Textile Mills's adjusted book value per share for the three months ended in Mar. 2024 was ₨2,751.000. 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 ₨1,410.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sapphire Textile Mills's average Cyclically Adjusted Book Growth Rate was 17.70% 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), Sapphire Textile Mills's current stock price is ₨1300.00. Sapphire Textile Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨1,410.42. Sapphire Textile Mills's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sapphire Textile Mills was 1.28. The lowest was 0.77. And the median was 0.95.


Sapphire Textile Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sapphire 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.

Sapphire Textile Mills Cyclically Adjusted Book per Share Chart

Sapphire 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 - - - - 1,257.59

Sapphire 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 1,198.36 1,257.59 1,316.35 1,348.62 1,410.42

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

For the Textile Manufacturing subindustry, Sapphire 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.


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

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

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



Sapphire 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, Sapphire 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)
=2751/131.7762*131.7762
=2,751.000

Current CPI (Mar. 2024) = 131.7762.

Sapphire Textile Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 644.950 100.560 845.162
201409 644.090 100.428 845.142
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 691.739 100.684 905.356
201509 0.000 100.392 0.000
201512 676.056 99.792 892.734
201603 665.467 100.470 872.821
201606 741.842 101.688 961.343
201609 784.314 101.861 1,014.656
201612 863.603 101.863 1,117.213
201703 871.083 102.862 1,115.940
201706 865.649 103.349 1,103.754
201709 742.890 104.136 940.074
201712 720.198 104.011 912.450
201803 826.233 105.290 1,034.081
201806 781.730 106.317 968.929
201809 819.914 106.507 1,014.445
201812 754.069 105.998 937.456
201903 819.253 107.251 1,006.597
201906 857.661 108.070 1,045.802
201909 946.234 108.329 1,151.037
201912 1,148.483 108.420 1,395.892
202003 959.308 108.902 1,160.810
202006 1,033.441 108.767 1,252.058
202009 1,169.040 109.815 1,402.830
202012 1,242.684 109.897 1,490.090
202103 1,267.190 111.754 1,494.218
202106 1,408.593 114.631 1,619.269
202109 1,544.901 115.734 1,759.039
202112 1,654.753 117.630 1,853.762
202203 1,751.666 121.301 1,902.935
202206 1,854.485 125.017 1,954.753
202209 1,921.379 125.227 2,021.873
202212 1,922.218 125.222 2,022.831
202303 2,033.441 127.348 2,104.152
202306 2,153.929 128.729 2,204.921
202309 2,392.460 129.860 2,427.772
202312 2,634.224 129.419 2,682.195
202403 2,751.000 131.776 2,751.000

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


Sapphire Textile Mills  (KAR:SAPT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1300.00/1410.42
=0.92

* 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 Sapphire Textile Mills was 1.28. The lowest was 0.77. And the median was 0.95.


Be Aware

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


Sapphire Textile Mills Cyclically Adjusted Book per Share Related Terms

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


Sapphire Textile Mills (KAR:SAPT) Business Description

Traded in Other Exchanges
N/A
Address
I. I. Chundrigar Road, 212, Cotton Exchange Building, Karachi, SD, PAK
Sapphire Textile Mills Ltd is the company mainly involved in the manufacturing and sale of yarn, fabrics, home textile products, finishing and printing of fabrics. Its segments include Spinning, Weaving, Processing, printing, Home Textile & Textile Retail, and Power Generation. Geographically, it generates the majority of the revenue from the domestic market.

Sapphire Textile Mills (KAR:SAPT) Headlines

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