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Wipro (BOM:507685) Cyclically Adjusted Book per Share : ₹63.86 (As of Mar. 2025)


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What is Wipro 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.

Wipro's adjusted book value per share for the three months ended in Mar. 2025 was ₹79.186. 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 ₹63.86 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Wipro's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Wipro was 27.20% per year. The lowest was 9.40% per year. And the median was 12.90% per year.

As of today (2025-06-01), Wipro's current stock price is ₹249.70. Wipro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹63.86. Wipro's Cyclically Adjusted PB Ratio of today is 3.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wipro was 7.57. The lowest was 2.21. And the median was 3.83.


Wipro Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wipro'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.

Wipro Cyclically Adjusted Book per Share Chart

Wipro Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.39 48.83 54.31 59.00 63.86

Wipro Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 59.00 60.79 62.43 63.43 63.86

Competitive Comparison of Wipro's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Wipro'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.


Wipro's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Wipro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Wipro 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, Wipro's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=79.186/157.5517*157.5517
=79.186

Current CPI (Mar. 2025) = 157.5517.

Wipro Quarterly Data

Book Value per Share CPI Adj_Book
201506 32.606 99.841 51.453
201509 33.086 101.753 51.229
201512 34.862 102.901 53.377
201603 35.301 102.518 54.251
201606 37.353 105.961 55.540
201609 37.498 105.961 55.755
201612 39.242 105.196 58.773
201703 40.360 105.196 60.447
201706 41.904 107.109 61.639
201709 43.563 109.021 62.955
201712 39.213 109.404 56.470
201803 40.239 109.786 57.746
201806 41.622 111.317 58.910
201809 43.393 115.142 59.376
201812 45.554 115.142 62.333
201903 47.291 118.202 63.034
201906 49.330 120.880 64.295
201909 45.253 123.175 57.883
201912 47.432 126.235 59.199
202003 48.785 124.705 61.635
202006 51.541 127.000 63.940
202009 53.798 130.118 65.141
202012 46.283 130.889 55.711
202103 50.652 131.771 60.562
202106 53.993 134.084 63.443
202109 56.713 135.847 65.774
202112 59.651 138.161 68.023
202203 60.028 138.822 68.127
202206 62.806 142.347 69.514
202209 65.543 144.661 71.383
202212 68.923 145.763 74.497
202303 71.300 146.865 76.488
202306 61.055 150.280 64.009
202309 67.016 151.492 69.697
202312 0.000 152.924 0.000
202403 71.839 153.035 73.960
202406 74.661 155.789 75.506
202409 78.304 157.882 78.140
202412 81.651 158.323 81.253
202503 79.186 157.552 79.186

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


Wipro  (BOM:507685) 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.

Wipro's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=249.70/63.86
=3.91

* 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 Wipro was 7.57. The lowest was 2.21. And the median was 3.83.


Be Aware

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


Wipro Cyclically Adjusted Book per Share Related Terms

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


Wipro Business Description

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Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560035
Wipro is a leading global IT services provider, with about 234,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive a significant portion of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.

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