GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » JSW Energy Ltd (NSE:JSWENERGY) » Definitions » Cyclically Adjusted Book per Share

JSW Energy (NSE:JSWENERGY) Cyclically Adjusted Book per Share : ₹96.48 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is JSW Energy 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.

JSW Energy's adjusted book value per share for the three months ended in Mar. 2024 was ₹126.929. 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 ₹96.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JSW Energy's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of JSW Energy was 11.60% per year. The lowest was 11.60% per year. And the median was 11.60% per year.

As of today (2024-05-27), JSW Energy's current stock price is ₹621.10. JSW Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹96.48. JSW Energy's Cyclically Adjusted PB Ratio of today is 6.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JSW Energy was 6.66. The lowest was 0.89. And the median was 3.62.


JSW Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for JSW Energy'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.

JSW Energy Cyclically Adjusted Book per Share Chart

JSW Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 69.37 80.22 88.51 96.48

JSW Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 88.51 92.71 - 96.48

Competitive Comparison of JSW Energy's Cyclically Adjusted Book per Share

For the Utilities - Independent Power Producers subindustry, JSW Energy'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.


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

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

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



JSW Energy 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, JSW Energy'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)
=126.929/153.0345*153.0345
=126.929

Current CPI (Mar. 2024) = 153.0345.

JSW Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 40.067 91.425 67.067
201406 0.000 94.103 0.000
201409 43.942 96.780 69.484
201412 0.000 96.780 0.000
201503 50.806 97.163 80.021
201506 0.000 99.841 0.000
201509 50.613 101.753 76.121
201512 0.000 102.901 0.000
201603 59.170 102.518 88.326
201606 0.000 105.961 0.000
201609 62.972 105.961 90.947
201612 0.000 105.196 0.000
201703 63.690 105.196 92.653
201706 0.000 107.109 0.000
201709 68.651 109.021 96.366
201712 0.000 109.404 0.000
201803 67.740 109.786 94.425
201806 0.000 111.317 0.000
201809 74.542 115.142 99.073
201812 0.000 115.142 0.000
201903 72.049 118.202 93.281
201906 0.000 120.880 0.000
201909 71.631 123.175 88.995
201912 0.000 126.235 0.000
202003 70.928 124.705 87.041
202006 0.000 127.000 0.000
202009 79.361 130.118 93.338
202012 0.000 130.889 0.000
202103 88.332 131.771 102.586
202106 0.000 134.084 0.000
202109 96.075 135.847 108.231
202112 0.000 138.161 0.000
202203 106.210 138.822 117.084
202206 0.000 142.347 0.000
202209 107.273 144.661 113.482
202212 0.000 145.763 0.000
202303 113.553 146.865 118.323
202309 121.118 151.492 122.351
202312 0.000 152.924 0.000
202403 126.929 153.035 126.929

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


JSW Energy  (NSE:JSWENERGY) 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.

JSW Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=621.10/96.48
=6.44

* 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 JSW Energy was 6.66. The lowest was 0.89. And the median was 3.62.


Be Aware

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


JSW Energy Cyclically Adjusted Book per Share Related Terms

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


JSW Energy (NSE:JSWENERGY) Business Description

Traded in Other Exchanges
Address
JSW Centre, Near MMRDA Grounds, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Energy Ltd is an Indian electric utility company and member of the Jindal Group business conglomerate. JSW Energy segments are Power Generation, Power Transmission, Mining, Power Trading, and Equipment Manufacturing. The vast majority of the company's revenue comes from the sale of power and power conversion charges. Geographically, it generates a majority of its revenue from India.

JSW Energy (NSE:JSWENERGY) Headlines

No Headlines