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Accuracy Shipping (NSE:ACCURACY) Cyclically Adjusted Book per Share : ₹3.73 (As of Dec. 2023)


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What is Accuracy Shipping 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.

Accuracy Shipping's adjusted book value per share data for the fiscal year that ended in Mar. 2023 was ₹7.681. 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 ₹3.73 for the trailing ten years ended in Mar. 2023.

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), Accuracy Shipping's current stock price is ₹ 16.85. Accuracy Shipping's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2023 was ₹3.73. Accuracy Shipping's Cyclically Adjusted PB Ratio of today is 4.52.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Accuracy Shipping was 100.14. The lowest was 3.07. And the median was 82.86.


Accuracy Shipping Cyclically Adjusted Book per Share Historical Data

The historical data trend for Accuracy Shipping'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.

Accuracy Shipping Cyclically Adjusted Book per Share Chart

Accuracy Shipping Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.81 3.73

Accuracy Shipping Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 3.73 - - -

Competitive Comparison of Accuracy Shipping's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Accuracy Shipping'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.


Accuracy Shipping's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Accuracy Shipping's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Accuracy Shipping 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, Accuracy Shipping's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_Book=Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=7.681/146.8646*146.8646
=7.681

Current CPI (Mar. 2023) = 146.8646.

Accuracy Shipping Annual Data

Book Value per Share CPI Adj_Book
201403 0.130 91.425 0.209
201503 0.151 97.163 0.228
201603 0.358 102.518 0.513
201703 0.916 105.196 1.279
201803 1.670 109.786 2.234
201903 4.613 118.202 5.732
202003 4.883 124.705 5.751
202103 5.454 131.771 6.079
202203 7.185 138.822 7.601
202303 7.681 146.865 7.681

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


Accuracy Shipping  (NSE:ACCURACY) 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.

Accuracy Shipping's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.85/3.73
=4.52

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Accuracy Shipping was 100.14. The lowest was 3.07. And the median was 82.86.


Be Aware

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


Accuracy Shipping Cyclically Adjusted Book per Share Related Terms

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


Accuracy Shipping (NSE:ACCURACY) Business Description

Traded in Other Exchanges
N/A
Address
Indian Oil Pump Road, ASL House, Survey No. 42, Plot No. 11, Meghpar Borichi, Near Genus Factory, Anjar, Kachchh, GJ, IND, 370110
Accuracy Shipping Ltd is a logistics service provider in India. It offers customized and ends to end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services. It offers freight services for the export and import of cargo by multiple modes of transport such as sea, road and air.

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