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Rajoo Engineers (BOM:522257) Cyclically Adjusted Book per Share : ₹13.47 (As of Mar. 2024)


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What is Rajoo Engineers 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.

Rajoo Engineers's adjusted book value per share for the three months ended in Mar. 2024 was ₹20.594. 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 ₹13.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rajoo Engineers's average Cyclically Adjusted Book Growth Rate was 9.40% 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 (2024-05-26), Rajoo Engineers's current stock price is ₹250.15. Rajoo Engineers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹13.47. Rajoo Engineers's Cyclically Adjusted PB Ratio of today is 18.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rajoo Engineers was 18.64. The lowest was 2.02. And the median was 3.54.


Rajoo Engineers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Cyclically Adjusted Book per Share Chart

Rajoo Engineers 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 - - 11.21 12.31 13.47

Rajoo Engineers 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 12.31 - 13.00 - 13.47

Competitive Comparison of Rajoo Engineers's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.


Rajoo Engineers's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Rajoo Engineers 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, Rajoo Engineers'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)
=20.594/153.0345*153.0345
=20.594

Current CPI (Mar. 2024) = 153.0345.

Rajoo Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201209 6.838 82.244 12.724
201212 0.000 83.774 0.000
201303 7.129 85.687 12.732
201306 0.000 88.365 0.000
201309 5.109 91.042 8.588
201312 0.000 91.425 0.000
201403 5.285 91.425 8.846
201406 0.000 94.103 0.000
201409 5.877 96.780 9.293
201412 0.000 96.780 0.000
201503 5.964 97.163 9.393
201506 0.000 99.841 0.000
201509 6.555 101.753 9.859
201512 0.000 102.901 0.000
201603 6.658 102.518 9.939
201606 0.000 105.961 0.000
201703 7.882 105.196 11.466
201803 10.333 109.786 14.403
201809 0.000 115.142 0.000
201903 11.219 118.202 14.525
201906 0.000 120.880 0.000
201909 10.859 123.175 13.491
201912 0.000 126.235 0.000
202003 11.479 124.705 14.087
202006 0.000 127.000 0.000
202009 11.592 130.118 13.634
202012 0.000 130.889 0.000
202103 13.542 131.771 15.727
202106 0.000 134.084 0.000
202109 13.496 135.847 15.204
202112 0.000 138.161 0.000
202203 16.061 138.822 17.705
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 17.699 146.865 18.443
202306 0.000 150.280 0.000
202309 18.621 151.492 18.811
202312 0.000 152.924 0.000
202403 20.594 153.035 20.594

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


Rajoo Engineers  (BOM:522257) 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.

Rajoo Engineers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=250.15/13.47
=18.57

* 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 Rajoo Engineers was 18.64. The lowest was 2.02. And the median was 3.54.


Be Aware

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


Rajoo Engineers Cyclically Adjusted Book per Share Related Terms

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


Rajoo Engineers (BOM:522257) Business Description

Traded in Other Exchanges
N/A
Address
Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024
Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

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