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Unison Metals (BOM:538610) Cyclically Adjusted Book per Share : ₹14.24 (As of Dec. 2023)


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What is Unison Metals 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.

Unison Metals's adjusted book value per share data for the fiscal year that ended in Mar. 2023 was ₹18.348. 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 ₹14.24 for the trailing ten years ended in Mar. 2023.

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 (2024-05-27), Unison Metals's current stock price is ₹ 20.72. Unison Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2023 was ₹14.24. Unison Metals's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Unison Metals was 1.76. The lowest was 1.43. And the median was 1.59.


Unison Metals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Unison Metals'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.

Unison Metals Cyclically Adjusted Book per Share Chart

Unison Metals 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 - - - - 14.24

Unison Metals 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 - 14.24 - - -

Competitive Comparison of Unison Metals's Cyclically Adjusted Book per Share

For the Steel subindustry, Unison Metals'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.


Unison Metals's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

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



Unison Metals 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, Unison Metals'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)
=18.348/146.8646*146.8646
=18.348

Current CPI (Mar. 2023) = 146.8646.

Unison Metals Annual Data

Book Value per Share CPI Adj_Book
201403 6.383 91.425 10.254
201503 6.467 97.163 9.775
201603 7.324 102.518 10.492
201703 7.779 105.196 10.860
201803 8.292 109.786 11.092
201903 13.763 118.202 17.100
202003 15.293 124.705 18.010
202103 16.360 131.771 18.234
202203 17.246 138.822 18.245
202303 18.348 146.865 18.348

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


Unison Metals  (BOM:538610) 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.

Unison Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.72/14.24
=1.46

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Unison Metals was 1.76. The lowest was 1.43. And the median was 1.59.


Be Aware

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


Unison Metals Cyclically Adjusted Book per Share Related Terms

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


Unison Metals (BOM:538610) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ramol Char Rasta, Plot No. 5015, Phase IV, GIDC Vatva, Ahmedabad, GJ, IND, 382445
Unison Metals Ltd is engaged in the manufacturing of all kinds and forms of steel and Ceramic glaze mixture. The company manufactures hot and cold-rolled stainless steel sheets and stainless steel patta for a range of industrial applications. Its products include Serveware; Storage ware; S.S. Cookware, Ingots, Dinner Sets, Ceramic Glaze, Unilock Airlight, and others. The majority of the revenue is generated from the sale of C.R.Patta. The Company's main business activity is trading and Manufacturing Steel Patta and Ceramics Products.

Unison Metals (BOM:538610) Headlines

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