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SAR Auto Products (BOM:538992) Cyclically Adjusted Book per Share : ₹36.45 (As of Mar. 2024)


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What is SAR Auto 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.

SAR Auto Products's adjusted book value per share for the three months ended in Mar. 2024 was ₹35.439. 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 ₹36.45 for the trailing ten years ended in Mar. 2024.

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 (2024-06-05), SAR Auto Products's current stock price is ₹2289.00. SAR Auto Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹36.45. SAR Auto Products's Cyclically Adjusted PB Ratio of today is 62.80.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of SAR Auto Products was 63.04. The lowest was 54.90. And the median was 60.35.


SAR Auto Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for SAR Auto 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.

SAR Auto Products Cyclically Adjusted Book per Share Chart

SAR Auto 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 - - - - 36.45

SAR Auto 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 - - - - 36.45

Competitive Comparison of SAR Auto Products's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, SAR Auto 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.


SAR Auto Products's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAR Auto Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SAR Auto 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, SAR Auto 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)
=35.439/153.0345*153.0345
=35.439

Current CPI (Mar. 2024) = 153.0345.

SAR Auto Products Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 25.586 97.163 40.299
201506 0.000 99.841 0.000
201509 26.560 101.753 39.946
201512 0.000 102.901 0.000
201603 25.955 102.518 38.744
201606 0.000 105.961 0.000
201609 27.669 105.961 39.961
201612 0.000 105.196 0.000
201703 26.604 105.196 38.702
201706 0.000 107.109 0.000
201709 26.881 109.021 37.733
201712 0.000 109.404 0.000
201803 26.939 109.786 37.551
201806 0.000 111.317 0.000
201809 28.655 115.142 38.085
201812 0.000 115.142 0.000
201903 27.626 118.202 35.767
201906 0.000 120.880 0.000
201909 27.810 123.175 34.552
201912 0.000 126.235 0.000
202003 28.280 124.705 34.704
202006 0.000 127.000 0.000
202009 28.144 130.118 33.101
202012 0.000 130.889 0.000
202103 29.402 131.771 34.147
202106 0.000 134.084 0.000
202109 30.513 135.847 34.374
202112 0.000 138.161 0.000
202203 31.731 138.822 34.980
202206 0.000 142.347 0.000
202209 33.182 144.661 35.103
202212 0.000 145.763 0.000
202303 33.043 146.865 34.431
202306 0.000 150.280 0.000
202309 34.579 151.492 34.931
202312 0.000 152.924 0.000
202403 35.439 153.035 35.439

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


SAR Auto Products  (BOM:538992) 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.

SAR Auto Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2289.00/36.45
=62.80

* 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 11 years, the highest Cyclically Adjusted PB Ratio of SAR Auto Products was 63.04. The lowest was 54.90. And the median was 60.35.


Be Aware

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


SAR Auto Products Cyclically Adjusted Book per Share Related Terms

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


SAR Auto Products (BOM:538992) Business Description

Traded in Other Exchanges
N/A
Address
50-E, Bhaktinagar Industrial Estate, Rajkot, GJ, IND, 360002
SAR Auto Products Ltd is carrying on the business of manufacturing auto components. The company manufactures auto components comprising of automobile gears like a spur, helical, straight bevel, sprockets along with transmission spline shaft, couplings and power takeoff clutches which are used for transmission, engine, and differential gearboxes. It operates in the manufacturing segment. The company caters to both domestic and international markets.

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