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Sudarshan Chemical Industries (BOM:506655) Cyclically Adjusted Book per Share : ₹105.55 (As of Mar. 2024)


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What is Sudarshan Chemical 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.

Sudarshan Chemical Industries's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹165.981. 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 ₹105.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sudarshan Chemical Industries's average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 Sudarshan Chemical Industries was 15.30% per year. The lowest was 9.00% per year. And the median was 13.45% per year.

As of today (2024-06-21), Sudarshan Chemical Industries's current stock price is ₹ 879.50. Sudarshan Chemical Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹105.55. Sudarshan Chemical Industries's Cyclically Adjusted PB Ratio of today is 8.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sudarshan Chemical Industries was 9.77. The lowest was 4.26. And the median was 6.14.


Sudarshan Chemical Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sudarshan Chemical 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.

Sudarshan Chemical Industries Cyclically Adjusted Book per Share Chart

Sudarshan Chemical Industries 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 63.41 71.76 81.28 91.66 105.55

Sudarshan Chemical Industries 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 91.66 - - - 105.55

Competitive Comparison of Sudarshan Chemical Industries's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Sudarshan Chemical 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.


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

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

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



Sudarshan Chemical 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, Sudarshan Chemical Industries's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=165.981/153.0345*153.0345
=165.981

Current CPI (Mar. 2024) = 153.0345.

Sudarshan Chemical Industries Annual Data

Book Value per Share CPI Adj_Book
201503 37.933 97.163 59.746
201603 44.460 102.518 66.368
201703 55.044 105.196 80.076
201803 63.554 109.786 88.590
201903 82.007 118.202 106.173
202003 86.784 124.705 106.499
202103 107.411 131.771 124.744
202203 120.356 138.822 132.678
202303 119.639 146.865 124.665
202403 165.981 153.035 165.981

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


Sudarshan Chemical Industries  (BOM:506655) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=879.50/105.55
=8.33

* 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 Sudarshan Chemical Industries was 9.77. The lowest was 4.26. And the median was 6.14.


Be Aware

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


Sudarshan Chemical Industries Cyclically Adjusted Book per Share Related Terms

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


Sudarshan Chemical Industries (BOM:506655) Business Description

Traded in Other Exchanges
Address
Near PAN Card Club Road, 7th Floor, Eleven West Panchshil, Survey No. 25, Baner, Pune, MH, IND, 411 045
Sudarshan Chemical Industries Ltd manufactures color and effect pigments. The company's pigment portfolio includes Organic and Inorganic Pigments, Effect Pigments, Agrochemicals, and other products. It manufactures Azos, Blue and Green, High-Performance Pigments, Effects, Pigment Preparations and Inorganics pigments for various applications including coating, inks, plastics, cosmetics, fashion accessories, and automobiles. Its segments include Pigments and Others. The company generates maximum revenue from the Pigments segment. Geographically, it derives key revenue from India.

Sudarshan Chemical Industries (BOM:506655) Headlines

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