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TGV Sraac (BOM:507753) Cyclically Adjusted Book per Share : ₹70.12 (As of Mar. 2024)


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What is TGV Sraac 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.

TGV Sraac's adjusted book value per share for the three months ended in Mar. 2024 was ₹102.324. 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 ₹70.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TGV Sraac's average Cyclically Adjusted Book Growth Rate was 10.90% 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 (2024-06-09), TGV Sraac's current stock price is ₹86.26. TGV Sraac's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹70.12. TGV Sraac's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TGV Sraac was 2.84. The lowest was 1.16. And the median was 1.60.


TGV Sraac Cyclically Adjusted Book per Share Historical Data

The historical data trend for TGV Sraac'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.

TGV Sraac Cyclically Adjusted Book per Share Chart

TGV Sraac 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 - - 59.79 63.21 70.12

TGV Sraac 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 63.21 - 67.28 - 70.12

Competitive Comparison of TGV Sraac's Cyclically Adjusted Book per Share

For the Chemicals subindustry, TGV Sraac'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.


TGV Sraac's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



TGV Sraac 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, TGV Sraac'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)
=102.324/153.0345*153.0345
=102.324

Current CPI (Mar. 2024) = 153.0345.

TGV Sraac Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 36.849 96.780 58.268
201412 0.000 96.780 0.000
201503 32.017 97.163 50.428
201506 0.000 99.841 0.000
201509 39.697 101.753 59.703
201512 0.000 102.901 0.000
201603 39.424 102.518 58.850
201606 0.000 105.961 0.000
201609 39.796 105.961 57.475
201612 0.000 105.196 0.000
201703 39.753 105.196 57.831
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 41.643 109.786 58.047
201806 0.000 111.317 0.000
201809 44.409 115.142 59.024
201812 0.000 115.142 0.000
201903 49.566 118.202 64.172
201906 0.000 120.880 0.000
201909 53.749 123.175 66.779
201912 0.000 126.235 0.000
202003 52.742 124.705 64.723
202006 0.000 127.000 0.000
202009 53.265 130.118 62.646
202012 0.000 130.889 0.000
202103 56.981 131.771 66.176
202106 0.000 134.084 0.000
202109 59.429 135.847 66.948
202112 0.000 138.161 0.000
202203 69.428 138.822 76.536
202206 0.000 142.347 0.000
202209 92.644 144.661 98.007
202212 0.000 145.763 0.000
202303 97.729 146.865 101.835
202306 0.000 150.280 0.000
202309 101.386 151.492 102.418
202312 0.000 152.924 0.000
202403 102.324 153.035 102.324

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


TGV Sraac  (BOM:507753) 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.

TGV Sraac's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.26/70.12
=1.23

* 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 TGV Sraac was 2.84. The lowest was 1.16. And the median was 1.60.


Be Aware

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


TGV Sraac Cyclically Adjusted Book per Share Related Terms

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


TGV Sraac (BOM:507753) Business Description

Industry
Traded in Other Exchanges
N/A
Address
40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004
TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

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