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Grameenphone (DHA:GP) Cyclically Adjusted Book per Share : BDT37.30 (As of Mar. 2024)


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What is Grameenphone 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.

Grameenphone's adjusted book value per share for the three months ended in Mar. 2024 was BDT59.298. 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 BDT37.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grameenphone's average Cyclically Adjusted Book Growth Rate was 6.60% 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 (2024-05-24), Grameenphone's current stock price is BDT224.90. Grameenphone's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT37.30. Grameenphone's Cyclically Adjusted PB Ratio of today is 6.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grameenphone was 12.46. The lowest was 6.23. And the median was 8.49.


Grameenphone Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grameenphone'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.

Grameenphone Cyclically Adjusted Book per Share Chart

Grameenphone Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 31.42 33.77 36.05

Grameenphone 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 34.38 34.92 35.69 36.05 37.30

Competitive Comparison of Grameenphone's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Grameenphone'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.


Grameenphone's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Grameenphone's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grameenphone 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, Grameenphone'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)
=59.298/131.7762*131.7762
=59.298

Current CPI (Mar. 2024) = 131.7762.

Grameenphone Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.913 100.560 33.957
201409 20.354 100.428 26.707
201412 23.228 99.070 30.896
201503 27.190 99.621 35.966
201506 24.487 100.684 32.049
201509 19.554 100.392 25.667
201512 22.680 99.792 29.949
201603 26.835 100.470 35.197
201606 24.739 101.688 32.059
201609 21.014 101.861 27.186
201612 24.863 101.863 32.164
201703 29.719 102.862 38.073
201706 26.588 103.349 33.901
201709 21.247 104.136 26.887
201712 25.229 104.011 31.964
201803 32.729 105.290 40.962
201806 30.730 106.317 38.089
201809 24.815 106.507 30.703
201812 27.280 105.998 33.914
201903 37.987 107.251 46.674
201906 25.147 108.070 30.663
201909 21.530 108.329 26.190
201912 28.399 108.420 34.517
202003 36.314 108.902 43.942
202006 37.695 108.767 45.669
202009 31.285 109.815 37.542
202012 38.590 109.897 46.273
202103 45.185 111.754 53.280
202106 36.984 114.631 42.515
202109 30.822 115.734 35.094
202112 36.939 117.630 41.381
202203 42.936 121.301 46.644
202206 37.254 125.017 39.268
202209 31.476 125.227 33.122
202212 34.223 125.222 36.014
202303 39.997 127.348 41.388
202306 39.338 128.729 40.269
202309 44.871 129.860 45.533
202312 49.389 129.419 50.288
202403 59.298 131.776 59.298

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


Grameenphone  (DHA:GP) 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.

Grameenphone's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=224.90/37.3
=6.03

* 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 Grameenphone was 12.46. The lowest was 6.23. And the median was 8.49.


Be Aware

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


Grameenphone Cyclically Adjusted Book per Share Related Terms

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


Grameenphone (DHA:GP) Business Description

Traded in Other Exchanges
N/A
Address
GPHOUSE, Basundhara, Baridhara, Dhaka, BGD, 1229
Grameenphone Ltd is a mobile telecommunication operator based in Bangladesh. It is involved in providing mobile telecommunication services including voice, data and other related services. The company also offers international roaming services through international roaming agreements with various operators of Asia, Europe, Australia, America, and Africa. Its product and services categories include Value-added services, Internet, Device, Prepaid, Roaming, Digital services, Postpaid and others.