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Nestle Pakistan (KAR:NESTLE) Cyclically Adjusted Book per Share : ₨236.75 (As of Mar. 2024)


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What is Nestle Pakistan 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.

Nestle Pakistan's adjusted book value per share for the three months ended in Mar. 2024 was ₨345.223. 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 ₨236.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nestle Pakistan's average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nestle Pakistan was 2.50% per year. The lowest was 2.50% per year. And the median was 2.50% per year.

As of today (2024-05-15), Nestle Pakistan's current stock price is ₨7306.58. Nestle Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨236.75. Nestle Pakistan's Cyclically Adjusted PB Ratio of today is 30.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nestle Pakistan was 36.83. The lowest was 19.80. And the median was 25.09.


Nestle Pakistan Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nestle Pakistan'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.

Nestle Pakistan Cyclically Adjusted Book per Share Chart

Nestle Pakistan 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 - 221.29 235.63 240.69 238.10

Nestle Pakistan 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 241.46 242.39 241.68 238.10 236.75

Competitive Comparison of Nestle Pakistan's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Nestle Pakistan'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.


Nestle Pakistan's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Pakistan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nestle Pakistan 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, Nestle Pakistan'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)
=345.223/129.4194*129.4194
=345.223

Current CPI (Mar. 2024) = 129.4194.

Nestle Pakistan Quarterly Data

Book Value per Share CPI Adj_Book
201406 288.799 100.560 371.682
201409 297.787 100.428 383.752
201412 278.451 99.070 363.754
201503 359.665 99.621 467.247
201506 325.559 100.684 418.475
201509 308.143 100.392 397.242
201512 278.674 99.792 361.409
201603 354.462 100.470 456.595
201606 329.943 101.688 419.922
201609 335.031 101.861 425.673
201612 194.314 101.863 246.881
201703 284.947 102.862 358.515
201706 199.405 103.349 249.706
201709 104.226 104.136 129.532
201712 102.191 104.011 127.155
201803 177.042 105.290 217.616
201806 160.040 106.317 194.817
201809 102.280 106.507 124.283
201812 88.650 105.998 108.238
201903 138.801 107.251 167.491
201906 124.398 108.070 148.974
201909 55.871 108.329 66.748
201912 71.797 108.420 85.703
202003 114.552 108.902 136.134
202006 115.267 108.767 137.153
202009 83.416 109.815 98.308
202012 92.403 109.897 108.818
202103 163.171 111.754 188.963
202106 158.930 114.631 179.433
202109 116.905 115.734 130.729
202112 119.147 117.630 131.089
202203 217.488 121.301 232.044
202206 198.882 125.017 205.886
202209 125.181 125.227 129.372
202212 127.239 125.222 131.504
202303 252.039 127.348 256.139
202306 274.438 128.729 275.911
202309 259.400 129.860 258.521
202312 233.476 129.419 233.476
202403 345.223 129.419 345.223

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


Nestle Pakistan  (KAR:NESTLE) 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.

Nestle Pakistan's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7306.58/236.75
=30.86

* 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 Nestle Pakistan was 36.83. The lowest was 19.80. And the median was 25.09.


Be Aware

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


Nestle Pakistan Cyclically Adjusted Book per Share Related Terms

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


Nestle Pakistan (KAR:NESTLE) Business Description

Traded in Other Exchanges
N/A
Address
Packages Mall, PO Amer Sidhu, Shahrah-e-Roomi, Lahore, PAK, 54760
Nestle Pakistan Ltd is a food and beverage company. The principal activity of the company is the manufacturing, processing, and sale of food products including imported products. The company's operating segments: Dairy and Nutrition Products, Powdered and Liquid Beverages, and Others. It generates maximum revenue from the Dairy and Nutrition Products segment. The company has operational footprints across Pakistan, Afghanistan, and other foreign countries. Its key products are ambient dairy, confectionery, coffee, beverages, infant nutrition, and drinking water. The majority of its revenue is derived from Pakistan.

Nestle Pakistan (KAR:NESTLE) Headlines

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