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KEI Industries (BOM:517569) Cyclically Adjusted Book per Share : ₹164.89 (As of Mar. 2024)


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What is KEI 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.

KEI Industries's adjusted book value per share for the three months ended in Mar. 2024 was ₹348.871. 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 ₹164.89 for the trailing ten years ended in Mar. 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 (2024-06-20), KEI Industries's current stock price is ₹4436.05. KEI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹164.89. KEI Industries's Cyclically Adjusted PB Ratio of today is 26.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KEI Industries was 29.12. The lowest was 16.47. And the median was 20.76.


KEI Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for KEI 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.

KEI Industries Cyclically Adjusted Book per Share Chart

KEI Industries 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 - - - - 164.89

KEI Industries 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 - - 152.45 - 164.89

Competitive Comparison of KEI Industries's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, KEI 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.


KEI Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KEI Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KEI 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, KEI Industries'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)
=348.871/153.0345*153.0345
=348.871

Current CPI (Mar. 2024) = 153.0345.

KEI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 36.387 85.687 64.986
201306 0.000 88.365 0.000
201309 35.406 91.042 59.514
201312 0.000 91.425 0.000
201403 37.034 91.425 61.991
201406 0.000 94.103 0.000
201409 36.886 96.780 58.326
201412 0.000 96.780 0.000
201503 39.340 97.163 61.962
201506 0.000 99.841 0.000
201509 42.900 101.753 64.521
201512 0.000 102.901 0.000
201603 47.037 102.518 70.215
201703 59.267 105.196 86.219
201803 77.167 109.786 107.565
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 98.580 118.202 127.630
201906 0.000 120.880 0.000
201909 112.111 123.175 139.288
201912 0.000 126.235 0.000
202003 168.395 124.705 206.649
202006 0.000 127.000 0.000
202009 181.155 130.118 213.060
202012 0.000 130.889 0.000
202103 197.424 131.771 229.283
202106 0.000 134.084 0.000
202109 215.189 135.847 242.415
202112 0.000 138.161 0.000
202203 237.004 138.822 261.269
202206 0.000 142.347 0.000
202209 259.877 144.661 274.919
202212 0.000 145.763 0.000
202303 287.073 146.865 299.133
202306 0.000 150.280 0.000
202309 316.743 151.492 319.968
202312 0.000 152.924 0.000
202403 348.871 153.035 348.871

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


KEI Industries  (BOM:517569) 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.

KEI Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4436.05/164.89
=26.90

* 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 KEI Industries was 29.12. The lowest was 16.47. And the median was 20.76.


Be Aware

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


KEI Industries Cyclically Adjusted Book per Share Related Terms

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


KEI Industries (BOM:517569) Business Description

Traded in Other Exchanges
Address
D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020
KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires.

KEI Industries (BOM:517569) Headlines

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