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Shah Alloys (BOM:513436) Cyclically Adjusted Book per Share : ₹0.00 (As of Dec. 2023)


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What is Shah Alloys 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.

Shah Alloys's adjusted book value per share for the three months ended in Dec. 2023 was ₹0.000. 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 ₹0.00 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Shah Alloys was 5.70% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2024-05-20), Shah Alloys's current stock price is ₹61.38. Shah Alloys's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₹0.00. Shah Alloys's Cyclically Adjusted PB Ratio of today is .


Shah Alloys Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shah Alloys'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.

Shah Alloys Cyclically Adjusted Book per Share Chart

Shah Alloys 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 - -212.41 -206.77 -205.71 -178.34

Shah Alloys Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 - -178.34 - -162.21 -

Competitive Comparison of Shah Alloys's Cyclically Adjusted Book per Share

For the Steel subindustry, Shah Alloys'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.


Shah Alloys's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shah Alloys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shah Alloys 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, Shah Alloys's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Shah Alloys Quarterly Data

Book Value per Share CPI Adj_Book
201403 -289.539 91.425 -484.305
201406 0.000 94.103 0.000
201409 -315.267 96.780 -498.159
201412 0.000 96.780 0.000
201503 -361.034 97.163 -568.230
201506 0.000 99.841 0.000
201509 -179.300 101.753 -269.469
201512 0.000 102.901 0.000
201603 -192.290 102.518 -286.835
201606 0.000 105.961 0.000
201609 -198.697 105.961 -286.762
201612 0.000 105.196 0.000
201703 -139.023 105.196 -202.099
201706 0.000 107.109 0.000
201709 -182.882 109.021 -256.529
201712 0.000 109.404 0.000
201803 -87.570 109.786 -121.979
201806 0.000 111.317 0.000
201809 -68.140 115.142 -90.499
201812 0.000 115.142 0.000
201903 -83.747 118.202 -108.348
201906 0.000 120.880 0.000
201909 -85.203 123.175 -105.781
201912 0.000 126.235 0.000
202003 -9.061 124.705 -11.111
202006 0.000 127.000 0.000
202009 -10.724 130.118 -12.604
202012 0.000 130.889 0.000
202103 -27.620 131.771 -32.054
202106 0.000 134.084 0.000
202109 -8.794 135.847 -9.899
202112 0.000 138.161 0.000
202203 16.703 138.822 18.400
202206 0.000 142.347 0.000
202209 18.129 144.661 19.165
202212 0.000 145.763 0.000
202303 15.403 146.865 16.039
202306 0.000 150.280 0.000
202309 16.113 151.492 16.265
202312 0.000 152.924 0.000

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


Shah Alloys  (BOM:513436) 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.


Shah Alloys Cyclically Adjusted Book per Share Related Terms

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


Shah Alloys (BOM:513436) Business Description

Industry
Traded in Other Exchanges
Address
Shah Alloys Corporate House, Sola-Kalol Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382 721
Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in manufacturing of Stainless steel, Alloys and Special steel, Carbon/mild steel and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products which includes Bars, Beams, Flat, Plate and Coil, Slab and Billets.

Shah Alloys (BOM:513436) Headlines

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