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Jindal Drilling & Industries (BOM:511034) Cyclically Adjusted Book per Share : ₹588.42 (As of Mar. 2025)


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What is Jindal Drilling & 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.

Jindal Drilling & Industries's adjusted book value per share for the three months ended in Mar. 2025 was ₹548.014. 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 ₹588.42 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Jindal Drilling & Industries's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Jindal Drilling & Industries was 8.20% per year. The lowest was 4.80% per year. And the median was 6.50% per year.

As of today (2025-06-01), Jindal Drilling & Industries's current stock price is ₹644.80. Jindal Drilling & Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹588.42. Jindal Drilling & Industries's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jindal Drilling & Industries was 1.52. The lowest was 0.20. And the median was 0.59.


Jindal Drilling & Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jindal Drilling & 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.

Jindal Drilling & Industries Cyclically Adjusted Book per Share Chart

Jindal Drilling & Industries 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 446.41 510.68 537.71 564.77 588.42

Jindal Drilling & Industries 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 564.77 - 584.62 - 588.42

Competitive Comparison of Jindal Drilling & Industries's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Jindal Drilling & 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.


Jindal Drilling & Industries's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jindal Drilling & Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jindal Drilling & Industries's Cyclically Adjusted PB Ratio falls into.


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Jindal Drilling & 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, Jindal Drilling & Industries'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)
=548.014/157.5517*157.5517
=548.014

Current CPI (Mar. 2025) = 157.5517.

Jindal Drilling & Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 260.389 91.425 448.726
201406 0.000 94.103 0.000
201409 270.498 96.780 440.352
201412 0.000 96.780 0.000
201503 504.264 97.163 817.675
201506 0.000 99.841 0.000
201509 285.263 101.753 441.693
201512 0.000 102.901 0.000
201603 561.980 102.518 863.660
201606 0.000 105.961 0.000
201703 583.064 105.196 873.253
201803 580.877 109.786 833.602
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 627.685 118.202 836.642
201906 0.000 120.880 0.000
201909 614.230 123.175 785.654
201912 0.000 126.235 0.000
202003 440.289 124.705 556.259
202006 0.000 127.000 0.000
202009 423.701 130.118 513.033
202012 0.000 130.889 0.000
202103 387.013 131.771 462.733
202106 0.000 134.084 0.000
202109 392.516 135.847 455.230
202112 0.000 138.161 0.000
202203 412.044 138.822 467.637
202206 0.000 142.347 0.000
202209 438.646 144.661 477.733
202212 0.000 145.763 0.000
202303 451.770 146.865 484.645
202306 0.000 150.280 0.000
202309 464.784 151.492 483.375
202312 0.000 152.924 0.000
202403 470.035 153.035 483.909
202406 0.000 155.789 0.000
202409 495.542 157.882 494.505
202412 0.000 158.323 0.000
202503 548.014 157.552 548.014

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


Jindal Drilling & Industries  (BOM:511034) 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.

Jindal Drilling & Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=644.80/588.42
=1.10

* 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 Jindal Drilling & Industries was 1.52. The lowest was 0.20. And the median was 0.59.


Be Aware

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


Jindal Drilling & Industries Cyclically Adjusted Book per Share Related Terms

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


Jindal Drilling & Industries Business Description

Traded in Other Exchanges
Address
5 Pusa Road, 2nd Floor, New Delhi, IND, 110005
Jindal Drilling & Industries Ltd is engaged in providing drilling and related services to entities involved in oil and gas exploration. Its brands and services include Jindal Star (ERW Pipes), Power and energy, MSL (Seamless pipes), and drilling services among others. The company generates a majority of its revenue from drilling services within India.

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