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International Travel House (BOM:500213) Cyclically Adjusted Book per Share : ₹230.33 (As of Mar. 2024)


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What is International Travel House 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.

International Travel House's adjusted book value per share for the three months ended in Mar. 2024 was ₹178.207. 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 ₹230.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, International Travel House's average Cyclically Adjusted Book Growth Rate was 0.80% 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 (2024-06-13), International Travel House's current stock price is ₹611.10. International Travel House's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹230.33. International Travel House's Cyclically Adjusted PB Ratio of today is 2.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of International Travel House was 3.08. The lowest was 0.41. And the median was 1.34.


International Travel House Cyclically Adjusted Book per Share Historical Data

The historical data trend for International Travel House'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.

International Travel House Cyclically Adjusted Book per Share Chart

International Travel House Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 238.72 228.41 230.33

International Travel House Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 228.41 232.22 - 230.33

Competitive Comparison of International Travel House's Cyclically Adjusted Book per Share

For the Travel Services subindustry, International Travel House'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.


International Travel House's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Travel House's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



International Travel House 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, International Travel House'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)
=178.207/153.0345*153.0345
=178.207

Current CPI (Mar. 2024) = 153.0345.

International Travel House Quarterly Data

Book Value per Share CPI Adj_Book
201403 164.670 91.425 275.638
201406 0.000 94.103 0.000
201409 176.324 96.780 278.813
201412 0.000 96.780 0.000
201503 187.939 97.163 296.010
201506 0.000 99.841 0.000
201509 192.603 101.753 289.670
201512 0.000 102.901 0.000
201603 197.912 102.518 295.434
201606 0.000 105.961 0.000
201609 200.450 105.961 289.500
201612 0.000 105.196 0.000
201703 202.650 105.196 294.806
201706 0.000 107.109 0.000
201709 202.400 109.021 284.111
201712 0.000 109.404 0.000
201803 205.065 109.786 285.846
201806 0.000 111.317 0.000
201809 203.159 115.142 270.018
201812 0.000 115.142 0.000
201903 202.414 118.202 262.062
201906 0.000 120.880 0.000
201909 195.879 123.175 243.363
201912 0.000 126.235 0.000
202003 188.155 124.705 230.898
202006 0.000 127.000 0.000
202009 153.789 130.118 180.875
202012 0.000 130.889 0.000
202103 131.850 131.771 153.127
202106 0.000 134.084 0.000
202109 117.481 135.847 132.345
202112 0.000 138.161 0.000
202203 119.120 138.822 131.316
202206 0.000 142.347 0.000
202209 130.516 144.661 138.071
202212 0.000 145.763 0.000
202303 154.074 146.865 160.547
202309 164.530 151.492 166.205
202312 0.000 152.924 0.000
202403 178.207 153.035 178.207

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


International Travel House  (BOM:500213) 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.

International Travel House's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=611.10/230.33
=2.65

* 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 International Travel House was 3.08. The lowest was 0.41. And the median was 1.34.


Be Aware

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


International Travel House Cyclically Adjusted Book per Share Related Terms

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


International Travel House (BOM:500213) Business Description

Traded in Other Exchanges
N/A
Address
Travel House, T-2, Community Centre, Sheikh Sarai, Phase-1, New Delhi, IND, 110017
International Travel House Ltd is an Indian-based travel management organization. The company provides travel services to corporate travelers in India and abroad. It offers a diverse range of services including corporate travel, air ticketing, car rental, destination management services, leisure holidays, meetings, incentives, conventions, events (MICE), hotel travel counters, and foreign exchange. The company operates in a single segment which is travel-related services. It generates key revenue from the Sale of Services.

International Travel House (BOM:500213) Headlines

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