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Balmer Lawrie (BOM:523319) Cyclically Adjusted Book per Share : ₹93.95 (As of Mar. 2024)


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What is Balmer Lawrie 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.

Balmer Lawrie's adjusted book value per share for the three months ended in Mar. 2024 was ₹106.477. 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 ₹93.95 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), Balmer Lawrie's current stock price is ₹267.25. Balmer Lawrie's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹93.95. Balmer Lawrie's Cyclically Adjusted PB Ratio of today is 2.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Balmer Lawrie was 3.31. The lowest was 2.58. And the median was 2.87.


Balmer Lawrie Cyclically Adjusted Book per Share Historical Data

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie Cyclically Adjusted Book per Share Chart

Balmer Lawrie 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 - - - - 93.95

Balmer Lawrie 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 - - - - 93.95

Competitive Comparison of Balmer Lawrie's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Balmer Lawrie'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.


Balmer Lawrie's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Balmer Lawrie 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, Balmer Lawrie'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)
=106.477/153.0345*153.0345
=106.477

Current CPI (Mar. 2024) = 153.0345.

Balmer Lawrie Quarterly Data

Book Value per Share CPI Adj_Book
200503 15.516 43.531 54.547
200603 17.819 45.521 59.904
200703 20.812 48.581 65.559
200803 24.253 52.407 70.822
200903 29.093 56.615 78.641
201003 33.171 65.030 78.061
201103 38.047 70.768 82.276
201203 44.354 76.889 88.279
201212 0.000 83.774 0.000
201303 50.469 85.687 90.136
201312 0.000 91.425 0.000
201403 57.386 91.425 96.057
201503 65.280 97.163 102.818
201603 72.439 102.518 108.134
201703 79.610 105.196 115.813
201803 85.199 109.786 118.761
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 88.859 118.202 115.044
201906 0.000 120.880 0.000
201909 82.498 123.175 102.497
201912 0.000 126.235 0.000
202003 90.865 124.705 111.507
202006 0.000 127.000 0.000
202009 84.653 130.118 99.562
202012 0.000 130.889 0.000
202103 90.168 131.771 104.719
202106 0.000 134.084 0.000
202109 87.753 135.847 98.856
202112 0.000 138.161 0.000
202203 92.806 138.822 102.308
202206 0.000 142.347 0.000
202209 92.189 144.661 97.525
202212 0.000 145.763 0.000
202303 98.286 146.865 102.415
202306 0.000 150.280 0.000
202309 96.971 151.492 97.958
202312 0.000 152.924 0.000
202403 106.477 153.035 106.477

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


Balmer Lawrie  (BOM:523319) 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.

Balmer Lawrie's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=267.25/93.95
=2.84

* 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 Balmer Lawrie was 3.31. The lowest was 2.58. And the median was 2.87.


Be Aware

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


Balmer Lawrie Cyclically Adjusted Book per Share Related Terms

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


Balmer Lawrie (BOM:523319) Business Description

Industry
Traded in Other Exchanges
Address
Netaji Subhas Road, No. 21, Kolkata, WB, IND, 700 001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by Logistic Services.

Balmer Lawrie (BOM:523319) Headlines

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