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Rama Petrochemicals (BOM:500358) Cyclically Adjusted Book per Share : ₹-53.09 (As of Mar. 2024)


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What is Rama Petrochemicals 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.

Rama Petrochemicals's adjusted book value per share for the three months ended in Mar. 2024 was ₹-52.194. 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 ₹-53.09 for the trailing ten years ended in Mar. 2024.

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), Rama Petrochemicals's current stock price is ₹8.22. Rama Petrochemicals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹-53.09. Rama Petrochemicals's Cyclically Adjusted PB Ratio of today is .


Rama Petrochemicals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rama Petrochemicals'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.

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Rama Petrochemicals Cyclically Adjusted Book per Share Chart

Rama Petrochemicals 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 - - - - -53.09

Rama Petrochemicals 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 - - - - -53.09

Competitive Comparison of Rama Petrochemicals's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Rama Petrochemicals'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.


Rama Petrochemicals's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rama Petrochemicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rama Petrochemicals 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, Rama Petrochemicals'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)
=-52.194/153.0345*153.0345
=-52.194

Current CPI (Mar. 2024) = 153.0345.

Rama Petrochemicals Quarterly Data

Book Value per Share CPI Adj_Book
200903 10.576 56.615 28.588
201003 10.576 65.030 24.888
201103 -41.172 70.768 -89.033
201203 -33.560 76.889 -66.796
201303 -30.220 85.687 -53.972
201403 -30.282 91.425 -50.688
201503 -31.099 97.163 -48.982
201603 -49.110 102.518 -73.309
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 -50.425 105.196 -73.356
201706 0.000 107.109 0.000
201709 -51.175 109.021 -71.835
201712 0.000 109.404 0.000
201803 -46.989 109.786 -65.499
201806 0.000 111.317 0.000
201809 -47.339 115.142 -62.918
201812 0.000 115.142 0.000
201903 -45.781 118.202 -59.272
201906 0.000 120.880 0.000
201909 -46.753 123.175 -58.087
201912 0.000 126.235 0.000
202003 -48.525 124.705 -59.548
202006 0.000 127.000 0.000
202009 -49.202 130.118 -57.868
202012 0.000 130.889 0.000
202103 -50.242 131.771 -58.350
202106 0.000 134.084 0.000
202109 -50.383 135.847 -56.758
202112 0.000 138.161 0.000
202203 -50.266 138.822 -55.412
202206 0.000 142.347 0.000
202209 -50.701 144.661 -53.636
202212 0.000 145.763 0.000
202303 -51.780 146.865 -53.955
202306 0.000 150.280 0.000
202309 -52.588 151.492 -53.123
202312 0.000 152.924 0.000
202403 -52.194 153.035 -52.194

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


Rama Petrochemicals  (BOM:500358) 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.


Be Aware

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


Rama Petrochemicals Cyclically Adjusted Book per Share Related Terms

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


Rama Petrochemicals (BOM:500358) Business Description

Traded in Other Exchanges
N/A
Address
51/52, Free Press House, Nariman Point, Mumbai, MH, IND, 400021
Rama Petrochemicals Ltd is an India-based company. It is involved in the chemicals business sector. The company operates through Trading of Goods.

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