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Salvo Chemical Industry (DHA:SALVOCHEM) Cyclically Adjusted Book per Share : BDT14.12 (As of Dec. 2023)


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What is Salvo Chemical Industry 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.

Salvo Chemical Industry's adjusted book value per share for the three months ended in Dec. 2023 was BDT16.188. 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 BDT14.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Salvo Chemical Industry's average Cyclically Adjusted Book Growth Rate was 6.10% 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 (2024-05-25), Salvo Chemical Industry's current stock price is BDT54.90. Salvo Chemical Industry's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT14.12. Salvo Chemical Industry's Cyclically Adjusted PB Ratio of today is 3.89.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Salvo Chemical Industry was 4.69. The lowest was 2.96. And the median was 4.43.


Salvo Chemical Industry Cyclically Adjusted Book per Share Historical Data

The historical data trend for Salvo Chemical Industry'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.

Salvo Chemical Industry Cyclically Adjusted Book per Share Chart

Salvo Chemical Industry Annual Data
Trend Dec12 Dec13 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.95

Salvo Chemical Industry 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 13.31 13.68 13.95 14.12 14.12

Competitive Comparison of Salvo Chemical Industry's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Salvo Chemical Industry'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.


Salvo Chemical Industry's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salvo Chemical Industry's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Salvo Chemical Industry 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, Salvo Chemical Industry'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)
=16.188/129.4194*129.4194
=16.188

Current CPI (Dec. 2023) = 129.4194.

Salvo Chemical Industry Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.790 0.000
201312 8.331 98.326 10.966
201403 8.562 99.695 11.115
201406 9.638 100.560 12.404
201409 8.650 100.428 11.147
201503 9.344 99.621 12.139
201506 10.386 100.684 13.350
201509 9.581 100.392 12.351
201512 9.748 99.792 12.642
201606 0.000 101.688 0.000
201609 10.803 101.861 13.726
201612 10.456 101.863 13.285
201703 10.618 102.862 13.359
201706 10.801 103.349 13.526
201709 11.014 104.136 13.688
201712 11.114 104.011 13.829
201803 11.369 105.290 13.975
201806 11.540 106.317 14.048
201809 11.654 106.507 14.161
201812 12.385 105.998 15.122
201903 11.942 107.251 14.410
201906 12.152 108.070 14.553
201909 12.295 108.329 14.689
201912 12.393 108.420 14.793
202003 12.433 108.902 14.775
202006 12.456 108.767 14.821
202009 12.660 109.815 14.920
202012 12.760 109.897 15.027
202103 12.780 111.754 14.800
202106 12.694 114.631 14.332
202109 13.240 115.734 14.806
202112 14.041 117.630 15.448
202203 14.985 121.301 15.988
202206 14.578 125.017 15.091
202209 15.163 125.227 15.671
202212 15.419 125.222 15.936
202303 14.791 127.348 15.032
202306 14.918 128.729 14.998
202309 15.656 129.860 15.603
202312 16.188 129.419 16.188

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


Salvo Chemical Industry  (DHA:SALVOCHEM) 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.

Salvo Chemical Industry's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.90/14.12
=3.89

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Salvo Chemical Industry was 4.69. The lowest was 2.96. And the median was 4.43.


Be Aware

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


Salvo Chemical Industry Cyclically Adjusted Book per Share Related Terms

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


Salvo Chemical Industry (DHA:SALVOCHEM) Business Description

Traded in Other Exchanges
N/A
Address
No. 210-211, Nawabpur Road, Suite number 401, 3rd floor, Dhaka, BGD, 1100
Salvo Chemical Industry Ltd mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.

Salvo Chemical Industry (DHA:SALVOCHEM) Headlines

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