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Sagar Cements (BOM:502090) Cyclically Adjusted Book per Share : ₹112.50 (As of Mar. 2024)


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What is Sagar Cements 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.

Sagar Cements's adjusted book value per share for the three months ended in Mar. 2024 was ₹148.516. 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 ₹112.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sagar Cements's average Cyclically Adjusted Book Growth Rate was 12.90% 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 (2024-06-06), Sagar Cements's current stock price is ₹213.95. Sagar Cements's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹112.50. Sagar Cements's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sagar Cements was 3.00. The lowest was 1.86. And the median was 2.22.


Sagar Cements Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sagar Cements'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.

Sagar Cements Cyclically Adjusted Book per Share Chart

Sagar Cements 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 - - 89.00 99.62 112.50

Sagar Cements 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 99.62 - 106.31 - 112.50

Competitive Comparison of Sagar Cements's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Sagar Cements'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.


Sagar Cements's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sagar Cements's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sagar Cements 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, Sagar Cements'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)
=148.516/153.0345*153.0345
=148.516

Current CPI (Mar. 2024) = 153.0345.

Sagar Cements Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 59.095 96.780 93.444
201412 0.000 96.780 0.000
201503 59.965 97.163 94.447
201506 0.000 99.841 0.000
201509 63.579 101.753 95.621
201512 0.000 102.901 0.000
201603 63.155 102.518 94.275
201606 0.000 105.961 0.000
201609 61.383 105.961 88.653
201612 0.000 105.196 0.000
201703 85.287 105.196 124.072
201706 0.000 107.109 0.000
201709 76.251 109.021 107.034
201712 0.000 109.404 0.000
201803 76.392 109.786 106.485
201806 0.000 111.317 0.000
201809 75.816 115.142 100.767
201812 0.000 115.142 0.000
201903 82.728 118.202 107.107
201906 0.000 120.880 0.000
201909 87.203 123.175 108.342
201912 0.000 126.235 0.000
202003 86.793 124.705 106.510
202006 0.000 127.000 0.000
202009 94.829 130.118 111.530
202012 0.000 130.889 0.000
202103 101.349 131.771 117.704
202106 0.000 134.084 0.000
202109 108.183 135.847 121.870
202112 0.000 138.161 0.000
202203 106.845 138.822 117.784
202206 0.000 142.347 0.000
202209 117.796 144.661 124.614
202212 0.000 145.763 0.000
202303 152.601 146.865 159.012
202306 0.000 150.280 0.000
202309 120.999 151.492 122.231
202312 0.000 152.924 0.000
202403 148.516 153.035 148.516

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


Sagar Cements  (BOM:502090) 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.

Sagar Cements's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=213.95/112.5
=1.90

* 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 Sagar Cements was 3.00. The lowest was 1.86. And the median was 2.22.


Be Aware

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


Sagar Cements Cyclically Adjusted Book per Share Related Terms

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


Sagar Cements (BOM:502090) Business Description

Traded in Other Exchanges
Address
Road No. 10, Plot No. 111, Jubilee Hills, Hyderabad, TG, IND, 500 033
Sagar Cements Ltd is a manufacturer and supplier of cement and cement-related products in India. It manufactures varieties of cement such as Ordinary Portland Cement, Portland Pozzolana Cement (PPC), and Portland Slag Cement and among others. Its business segment includes Cement Manufacturing and Power Generation. The firm generates a majority of its revenue from the cement manufacturing segment.

Sagar Cements (BOM:502090) Headlines

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