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Jindal Worldwide (BOM:531543) Cyclically Adjusted Book per Share : ₹20.65 (As of Dec. 2023)


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What is Jindal Worldwide 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.

Jindal Worldwide's adjusted book value per share data for the fiscal year that ended in Mar. 2023 was ₹32.415. 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 ₹20.65 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Jindal Worldwide was 17.30% per year. The lowest was 14.90% per year. And the median was 15.60% per year.

As of today (2024-05-28), Jindal Worldwide's current stock price is ₹ 335.90. Jindal Worldwide's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2023 was ₹20.65. Jindal Worldwide's Cyclically Adjusted PB Ratio of today is 16.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jindal Worldwide was 19.08. The lowest was 1.93. And the median was 8.68.


Jindal Worldwide Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jindal Worldwide'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.

Jindal Worldwide Cyclically Adjusted Book per Share Chart

Jindal Worldwide 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 11.47 13.39 14.83 17.39 20.65

Jindal Worldwide 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 - 20.65 - - -

Competitive Comparison of Jindal Worldwide's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Jindal Worldwide'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.


Jindal Worldwide's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jindal Worldwide's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jindal Worldwide 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, Jindal Worldwide'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)
=32.415/146.8646*146.8646
=32.415

Current CPI (Mar. 2023) = 146.8646.

Jindal Worldwide Annual Data

Book Value per Share CPI Adj_Book
201403 6.966 91.425 11.190
201503 8.613 97.163 13.019
201603 9.917 102.518 14.207
201703 13.537 105.196 18.899
201803 15.979 109.786 21.376
201903 17.438 118.202 21.666
202003 18.763 124.705 22.097
202103 20.968 131.771 23.370
202203 26.715 138.822 28.263
202303 32.415 146.865 32.415

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


Jindal Worldwide  (BOM:531543) 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.

Jindal Worldwide's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=335.90/20.65
=16.27

* 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 Jindal Worldwide was 19.08. The lowest was 1.93. And the median was 8.68.


Be Aware

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


Jindal Worldwide Cyclically Adjusted Book per Share Related Terms

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


Jindal Worldwide (BOM:531543) Business Description

Traded in Other Exchanges
Address
Shivranjani, Shyamal, 132 Ft Ring Road, I.O.C. Petrol Pump Lane, Jindal Corporate House, Opposite D-Mart, Satellite, Ahmedabad, GJ, IND, 380015
Jindal Worldwide Ltd manufactures, sells, and exports denim and home textiles. Its products include denim fabrics, bottom-weight fabric, shirting fabric, yarn-dyed fabric and bedsheets. The company provides products and services in the textiles, chemicals, finance, and trading areas. It operates in one segment Textiles.

Jindal Worldwide (BOM:531543) Headlines

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