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Thacker (BOM:509945) Cyclically Adjusted Book per Share : ₹667.40 (As of Sep. 2024)


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What is Thacker 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.

Thacker's adjusted book value per share for the three months ended in Sep. 2024 was ₹1,454.915. 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 ₹667.40 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Thacker's average Cyclically Adjusted Book Growth Rate was 21.60% 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 (2024-12-13), Thacker's current stock price is ₹2160.00. Thacker's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹667.40. Thacker's Cyclically Adjusted PB Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thacker was 3.00. The lowest was 0.68. And the median was 0.89.


Thacker Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thacker'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.

Thacker Cyclically Adjusted Book per Share Chart

Thacker 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 - - - 480.62 617.55

Thacker 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 548.77 - 617.55 - 667.40

Competitive Comparison of Thacker's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Thacker'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.


Thacker's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thacker's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thacker 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, Thacker'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)
=1454.915/157.8822*157.8822
=1,454.915

Current CPI (Sep. 2024) = 157.8822.

Thacker Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 51.810 97.163 84.187
201506 0.000 99.841 0.000
201509 52.731 101.753 81.818
201512 0.000 102.901 0.000
201603 51.082 102.518 78.668
201606 49.623 105.961 73.938
201609 51.174 105.961 76.249
201612 51.504 105.196 77.299
201703 383.909 105.196 576.185
201706 94.014 107.109 138.580
201709 96.460 109.021 139.691
201712 337.625 109.404 487.231
201803 334.794 109.786 481.462
201806 329.898 111.317 467.900
201809 325.545 115.142 446.386
201812 0.000 115.142 0.000
201903 711.296 118.202 950.076
201906 0.000 120.880 0.000
201909 725.014 123.175 929.302
201912 734.798 126.235 919.010
202003 737.188 124.705 933.313
202006 742.569 127.000 923.135
202009 766.265 130.118 929.769
202012 0.000 130.889 0.000
202103 815.877 131.771 977.552
202106 0.000 134.084 0.000
202109 895.755 135.847 1,041.052
202112 0.000 138.161 0.000
202203 927.417 138.822 1,054.752
202206 0.000 142.347 0.000
202209 1,001.300 144.661 1,092.812
202212 0.000 145.763 0.000
202303 1,045.045 146.865 1,123.443
202306 0.000 150.280 0.000
202309 1,135.744 151.492 1,183.652
202312 0.000 152.924 0.000
202403 1,257.493 153.035 1,297.327
202406 0.000 155.789 0.000
202409 1,454.915 157.882 1,454.915

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


Thacker  (BOM:509945) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2160.00/667.4
=3.24

* 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 Thacker was 3.00. The lowest was 0.68. And the median was 0.89.


Be Aware

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


Thacker Cyclically Adjusted Book per Share Related Terms

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


Thacker Business Description

Traded in Other Exchanges
N/A
Address
60, Dr. V. B. Gandhi Marg, Jatia Chambers, Fort, Mumbai, MH, IND, 400 001
Thacker & Co Ltd is a non-banking finance company. It has an interest in investments, Finance, Trading, Information Technology, and FMCG. Its business segments include Investment and Finance; Business Centre; Trading Business; and other unallocables. The company generates maximum revenue from the Business Centre segment.

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