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ITD Cementation India (BOM:509496) Cyclically Adjusted Book per Share : ₹69.60 (As of Sep. 2024)


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What is ITD Cementation India 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.

ITD Cementation India's adjusted book value per share for the three months ended in Sep. 2024 was ₹94.956. 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 ₹69.60 for the trailing ten years ended in Sep. 2024.

During the past 12 months, ITD Cementation India's average Cyclically Adjusted Book Growth Rate was 9.10% 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 (2024-12-12), ITD Cementation India's current stock price is ₹514.65. ITD Cementation India's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹69.60. ITD Cementation India's Cyclically Adjusted PB Ratio of today is 7.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ITD Cementation India was 9.28. The lowest was 0.95. And the median was 2.74.


ITD Cementation India Cyclically Adjusted Book per Share Historical Data

The historical data trend for ITD Cementation India'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.

ITD Cementation India Cyclically Adjusted Book per Share Chart

ITD Cementation India Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 60.33 61.09 65.75

ITD Cementation India 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 63.77 - 65.75 - 69.60

Competitive Comparison of ITD Cementation India's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, ITD Cementation India'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.


ITD Cementation India's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ITD Cementation India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ITD Cementation India 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, ITD Cementation India'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)
=94.956/157.8822*157.8822
=94.956

Current CPI (Sep. 2024) = 157.8822.

ITD Cementation India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 36.596 96.780 59.701
201503 0.000 97.163 0.000
201506 30.550 99.841 48.310
201509 0.000 101.753 0.000
201512 32.393 102.901 49.701
201603 0.000 102.518 0.000
201606 34.574 105.961 51.515
201609 0.000 105.961 0.000
201612 35.578 105.196 53.397
201703 0.000 105.196 0.000
201706 37.332 107.109 55.029
201709 0.000 109.021 0.000
201712 39.784 109.404 57.413
201803 0.000 109.786 0.000
201806 58.047 111.317 82.329
201809 0.000 115.142 0.000
201906 0.000 120.880 0.000
201909 61.139 123.175 78.366
201912 0.000 126.235 0.000
202003 61.273 124.705 77.574
202006 0.000 127.000 0.000
202009 57.071 130.118 69.249
202012 0.000 130.889 0.000
202103 62.035 131.771 74.328
202106 0.000 134.084 0.000
202109 63.891 135.847 74.255
202112 0.000 138.161 0.000
202203 65.847 138.822 74.888
202206 0.000 142.347 0.000
202209 67.698 144.661 73.885
202212 0.000 145.763 0.000
202303 72.037 146.865 77.441
202306 0.000 150.280 0.000
202309 77.167 151.492 80.422
202312 0.000 152.924 0.000
202403 86.950 153.035 89.704
202406 0.000 155.789 0.000
202409 94.956 157.882 94.956

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


ITD Cementation India  (BOM:509496) 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.

ITD Cementation India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=514.65/69.6
=7.39

* 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 ITD Cementation India was 9.28. The lowest was 0.95. And the median was 2.74.


Be Aware

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


ITD Cementation India Cyclically Adjusted Book per Share Related Terms

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


ITD Cementation India Business Description

Traded in Other Exchanges
Address
Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072
ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports and construction of ship lift and among others.

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