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Jai (BOM:512237) Cyclically Adjusted Book per Share : ₹151.99 (As of Sep. 2024)


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What is Jai 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.

Jai's adjusted book value per share for the three months ended in Sep. 2024 was ₹78.066. 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 ₹151.99 for the trailing ten years ended in Sep. 2024.

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 (2025-01-18), Jai's current stock price is ₹148.30. Jai's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹151.99. Jai's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jai was 2.49. The lowest was 0.98. And the median was 2.14.


Jai Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jai'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.

Jai Cyclically Adjusted Book per Share Chart

Jai Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
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Jai 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 - - - - 151.99

Competitive Comparison of Jai's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Jai'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.


Jai's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Jai 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, Jai'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)
=78.066/157.8822*157.8822
=78.066

Current CPI (Sep. 2024) = 157.8822.

Jai Quarterly Data

Book Value per Share CPI Adj_Book
200503 15.221 43.531 55.205
200603 15.613 45.521 54.151
200703 19.881 48.581 64.610
200803 144.627 52.407 435.707
200903 146.951 56.615 409.805
201003 151.215 65.030 367.124
201103 158.357 70.768 353.291
201203 131.017 76.889 269.029
201303 126.411 85.687 232.918
201403 129.676 91.425 223.938
201503 60.167 97.163 97.767
201603 65.819 102.518 101.364
201703 69.254 105.196 103.939
201803 75.937 109.786 109.204
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 70.878 118.202 94.672
201906 0.000 120.880 0.000
201909 72.358 123.175 92.746
201912 0.000 126.235 0.000
202003 73.514 124.705 93.072
202006 0.000 127.000 0.000
202009 73.660 130.118 89.377
202012 0.000 130.889 0.000
202103 78.154 131.771 93.641
202106 0.000 134.084 0.000
202109 79.731 135.847 92.664
202112 0.000 138.161 0.000
202203 81.292 138.822 92.453
202206 0.000 142.347 0.000
202209 82.700 144.661 90.258
202212 0.000 145.763 0.000
202303 80.237 146.865 86.256
202306 0.000 150.280 0.000
202309 81.026 151.492 84.444
202312 0.000 152.924 0.000
202403 83.281 153.035 85.919
202406 0.000 155.789 0.000
202409 78.066 157.882 78.066

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


Jai  (BOM:512237) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=148.30/151.99
=0.98

* 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 Jai was 2.49. The lowest was 0.98. And the median was 2.14.


Be Aware

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


Jai Cyclically Adjusted Book per Share Related Terms

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


Jai Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 207, Block III, No. 603, Embassy Centre, 6th Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Jai Corp Ltd is a manufacturing company engaged in businesses like polypropylene and polyethylene, woven products, steel, plastic processing, and spinning yarn. It has five segments. The Steel segment comprises the production, and trading of CR sheets, GP coils, and HR plates and tubes. Production of woven fabric, jumbo bags, masterbatch, staple fibers, geotextiles, and others is done in the Plastic Processing segment. The Spinning segment includes the production of spun yarn. The Asset management activity segment consists of investment advisory services. Development of land and buildings is done in the Real Estate segment of the company. The majority of its revenue is generated from the Plastic processing segment. Geographically, it derives key revenue from India.

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