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CIC Holdings (COL:CIC.N0000) Cyclically Adjusted Book per Share : රු36.52 (As of Dec. 2023)


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What is CIC Holdings 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.

CIC Holdings's adjusted book value per share for the three months ended in Dec. 2023 was රු89.586. 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 රු36.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CIC Holdings's average Cyclically Adjusted Book Growth Rate was 16.20% 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.

As of today (2024-06-09), CIC Holdings's current stock price is රු77.90. CIC Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු36.52. CIC Holdings's Cyclically Adjusted PB Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CIC Holdings was 3.35. The lowest was 1.04. And the median was 2.06.


CIC Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for CIC Holdings'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.

CIC Holdings Cyclically Adjusted Book per Share Chart

CIC Holdings 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 - - - 28.04 32.88

CIC Holdings 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 31.43 32.88 34.03 35.28 36.52

Competitive Comparison of CIC Holdings's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, CIC Holdings'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.


CIC Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CIC Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CIC Holdings 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, CIC Holdings'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)
=89.586/129.4194*129.4194
=89.586

Current CPI (Dec. 2023) = 129.4194.

CIC Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.703 99.695 22.981
201406 18.173 100.560 23.389
201409 18.008 100.428 23.207
201412 18.706 99.070 24.437
201503 18.785 99.621 24.404
201506 19.345 100.684 24.866
201509 20.021 100.392 25.810
201512 21.247 99.792 27.555
201603 23.359 100.470 30.090
201606 23.776 101.688 30.260
201609 23.696 101.861 30.107
201612 24.295 101.863 30.867
201703 23.903 102.862 30.074
201706 23.715 103.349 29.697
201709 23.097 104.136 28.705
201712 22.330 104.011 27.785
201803 22.523 105.290 27.685
201806 22.317 106.317 27.166
201809 22.228 106.507 27.010
201812 22.694 105.998 27.709
201903 24.315 107.251 29.341
201906 24.310 108.070 29.113
201909 24.831 108.329 29.665
201912 26.407 108.420 31.522
202003 25.260 108.902 30.019
202006 26.397 108.767 31.409
202009 28.158 109.815 33.185
202012 32.917 109.897 38.765
202103 34.886 111.754 40.400
202106 36.614 114.631 41.337
202109 37.692 115.734 42.149
202112 39.696 117.630 43.675
202203 43.555 121.301 46.470
202206 47.774 125.017 49.456
202209 53.749 125.227 55.549
202212 56.934 125.222 58.843
202303 60.663 127.348 61.650
202306 63.541 128.729 63.882
202309 71.217 129.860 70.976
202312 89.586 129.419 89.586

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


CIC Holdings  (COL:CIC.N0000) 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.

CIC Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=77.90/36.52
=2.13

* 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 CIC Holdings was 3.35. The lowest was 1.04. And the median was 2.06.


Be Aware

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


CIC Holdings Cyclically Adjusted Book per Share Related Terms

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


CIC Holdings (COL:CIC.N0000) Business Description

Industry
Traded in Other Exchanges
Address
199, Kew Road, Colombo, LKA, 02
CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop solutions, Agri Produce, Lives Stock Solutions, Industrial Solutions, and Health and Personal care. Geographically, it generates the majority of the revenue from Srilanka and also exports to other countries.

CIC Holdings (COL:CIC.N0000) Headlines

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