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Godrej Consumer Products (BOM:532424) Cyclically Adjusted Book per Share : ₹95.15 (As of Mar. 2024)


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What is Godrej Consumer Products 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.

Godrej Consumer Products's adjusted book value per share for the three months ended in Mar. 2024 was ₹123.175. 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 ₹95.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Godrej Consumer Products's average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 3 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 Godrej Consumer Products was 22.20% per year. The lowest was 15.90% per year. And the median was 19.05% per year.

As of today (2024-05-26), Godrej Consumer Products's current stock price is ₹1310.35. Godrej Consumer Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹95.15. Godrej Consumer Products's Cyclically Adjusted PB Ratio of today is 13.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Godrej Consumer Products was 15.10. The lowest was 9.85. And the median was 11.98.


Godrej Consumer Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Godrej Consumer Products'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.

Godrej Consumer Products Cyclically Adjusted Book per Share Chart

Godrej Consumer Products 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 46.20 61.14 73.65 84.28 95.15

Godrej Consumer Products 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 84.28 - 91.16 - 95.15

Competitive Comparison of Godrej Consumer Products's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Godrej Consumer Products'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.


Godrej Consumer Products's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Godrej Consumer Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Godrej Consumer Products's Cyclically Adjusted PB Ratio falls into.



Godrej Consumer Products 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, Godrej Consumer Products'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)
=123.175/153.0345*153.0345
=123.175

Current CPI (Mar. 2024) = 153.0345.

Godrej Consumer Products Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 39.193 96.780 61.974
201412 0.000 96.780 0.000
201503 36.517 97.163 57.515
201506 0.000 99.841 0.000
201509 46.144 101.753 69.399
201512 0.000 102.901 0.000
201603 41.767 102.518 62.348
201606 0.000 105.961 0.000
201609 44.244 105.961 63.899
201612 0.000 105.196 0.000
201703 51.888 105.196 75.484
201706 0.000 107.109 0.000
201709 52.570 109.021 73.793
201712 0.000 109.404 0.000
201803 61.237 109.786 85.360
201806 0.000 111.317 0.000
201809 67.224 115.142 89.347
201812 0.000 115.142 0.000
201903 71.093 118.202 92.043
201906 0.000 120.880 0.000
201909 74.174 123.175 92.155
201912 0.000 126.235 0.000
202003 77.259 124.705 94.810
202006 0.000 127.000 0.000
202009 84.630 130.118 99.535
202012 0.000 130.889 0.000
202103 92.313 131.771 107.210
202106 0.000 134.084 0.000
202109 102.456 135.847 115.419
202112 0.000 138.161 0.000
202203 113.008 138.822 124.578
202206 0.000 142.347 0.000
202209 123.977 144.661 131.153
202212 0.000 145.763 0.000
202303 134.881 146.865 140.547
202306 0.000 150.280 0.000
202309 141.772 151.492 143.216
202312 0.000 152.924 0.000
202403 123.175 153.035 123.175

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


Godrej Consumer Products  (BOM:532424) 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.

Godrej Consumer Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1310.35/95.15
=13.77

* 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 Godrej Consumer Products was 15.10. The lowest was 9.85. And the median was 11.98.


Be Aware

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


Godrej Consumer Products Cyclically Adjusted Book per Share Related Terms

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


Godrej Consumer Products (BOM:532424) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 4th Floor, Godrej One, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400079
Godrej Consumer Products Ltd is a household and personal care producer. The company has three main product categories: home care, hair care, and personal care. Godrej Consumer Products serves different geographic regions: Asia (India, Indonesia, Middle East, Myanmar, Nepal, Pakistan, Sri Lanka); Africa (South Africa, Nigeria, Mozambique, Kenya); Latin America (Argentina, Bolivia, Chile, Paraguay, and Uruguay); and Europe (the United Kingdom). The brand portfolio includes Roby, Renew, Darling, and Inecto in hair care; Hit, Ezee, and Good Knight in-home care; and Mitu, Protekt, and Cinthol in personal care.

Godrej Consumer Products (BOM:532424) Headlines

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