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Exide Industries (BOM:500086) Cyclically Adjusted Book per Share : ₹90.77 (As of Sep. 2024)


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What is Exide Industries 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.

Exide Industries's adjusted book value per share for the three months ended in Sep. 2024 was ₹162.650. 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 ₹90.77 for the trailing ten years ended in Sep. 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 (2024-12-15), Exide Industries's current stock price is ₹455.35. Exide Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹90.77. Exide Industries's Cyclically Adjusted PB Ratio of today is 5.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Exide Industries was 5.87. The lowest was 4.63. And the median was 5.08.


Exide Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Exide Industries'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.

Exide Industries Cyclically Adjusted Book per Share Chart

Exide Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
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Exide Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 90.77

Competitive Comparison of Exide Industries's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Exide Industries'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.


Exide Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Exide Industries 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, Exide Industries's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=162.65/157.8822*157.8822
=162.650

Current CPI (Sep. 2024) = 157.8822.

Exide Industries Quarterly Data

Book Value per Share CPI Adj_Book
200503 0.000 43.531 0.000
200603 6.946 45.521 24.091
200703 7.333 48.581 23.831
200803 10.583 52.407 31.883
200903 15.629 56.615 43.585
201003 22.547 65.030 54.740
201103 28.060 70.768 62.601
201203 31.616 76.889 64.920
201303 36.232 85.687 66.759
201403 40.702 91.425 70.289
201503 46.973 97.163 76.327
201603 51.645 102.518 79.535
201703 59.202 105.196 88.853
201803 63.873 109.786 91.855
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 71.845 118.202 95.963
201906 0.000 120.880 0.000
201909 76.491 123.175 98.044
201912 0.000 126.235 0.000
202003 76.086 124.705 96.328
202006 0.000 127.000 0.000
202009 80.166 130.118 97.272
202012 0.000 130.889 0.000
202103 85.556 131.771 102.510
202106 0.000 134.084 0.000
202109 89.630 135.847 104.169
202112 0.000 138.161 0.000
202203 124.515 138.822 141.611
202206 0.000 142.347 0.000
202209 128.957 144.661 140.743
202212 0.000 145.763 0.000
202303 130.968 146.865 140.793
202306 0.000 150.280 0.000
202309 147.337 151.492 153.552
202312 0.000 152.924 0.000
202403 151.604 153.035 156.406
202406 0.000 155.789 0.000
202409 162.650 157.882 162.650

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


Exide Industries  (BOM:500086) 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.

Exide Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=455.35/90.77
=5.02

* 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 Exide Industries was 5.87. The lowest was 4.63. And the median was 5.08.


Be Aware

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


Exide Industries Cyclically Adjusted Book per Share Related Terms

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


Exide Industries Business Description

Traded in Other Exchanges
Address
59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020
Exide Industries Ltd is an Indian manufacturer of batteries sold under the Exide brand. The company is an original equipment and aftermarket parts supplier of batteries for automotive companies. Exide Industries also provides batteries to the power, telecommunications, infrastructure, computer, railways, mining, and defense sectors. The company's product offerings include different kinds of storage batteries such as Automotive batteries, Inverter batteries, Industrial batteries, Home UPS systems, and others. It operates in a single segment namely, Storage batteries & allied products. The majority of the company's revenue is generated in India.

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