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Ludlow Jute & Specialities (BOM:526179) Cyclically Adjusted Book per Share : ₹140.32 (As of Mar. 2024)


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What is Ludlow Jute & Specialities 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.

Ludlow Jute & Specialities's adjusted book value per share for the three months ended in Mar. 2024 was ₹153.298. 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 ₹140.32 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 (2024-05-28), Ludlow Jute & Specialities's current stock price is ₹85.32. Ludlow Jute & Specialities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹140.32. Ludlow Jute & Specialities's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ludlow Jute & Specialities was 0.63. The lowest was 0.60. And the median was 0.61.


Ludlow Jute & Specialities Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ludlow Jute & Specialities'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.

Ludlow Jute & Specialities Cyclically Adjusted Book per Share Chart

Ludlow Jute & Specialities 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 - - - - 140.32

Ludlow Jute & Specialities 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 - - - - 140.32

Competitive Comparison of Ludlow Jute & Specialities's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Ludlow Jute & Specialities'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.


Ludlow Jute & Specialities's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ludlow Jute & Specialities's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ludlow Jute & Specialities's Cyclically Adjusted PB Ratio falls into.



Ludlow Jute & Specialities 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, Ludlow Jute & Specialities'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)
=153.298/153.0345*153.0345
=153.298

Current CPI (Mar. 2024) = 153.0345.

Ludlow Jute & Specialities Quarterly Data

Book Value per Share CPI Adj_Book
200903 23.559 56.615 63.682
201003 24.168 65.030 56.874
201103 33.993 70.768 73.509
201112 0.000 75.359 0.000
201203 35.615 76.889 70.886
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 39.811 85.687 71.101
201306 0.000 88.365 0.000
201309 42.716 91.042 71.802
201312 0.000 91.425 0.000
201403 39.819 91.425 66.652
201503 33.680 97.163 53.047
201603 142.139 102.518 212.178
201703 147.262 105.196 214.230
201803 147.195 109.786 205.179
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 147.071 118.202 190.411
201906 0.000 120.880 0.000
201909 147.887 123.175 183.737
201912 0.000 126.235 0.000
202003 150.403 124.705 184.570
202006 0.000 127.000 0.000
202009 147.980 130.118 174.043
202012 0.000 130.889 0.000
202103 150.889 131.771 175.238
202106 0.000 134.084 0.000
202109 161.263 135.847 181.666
202112 0.000 138.161 0.000
202203 163.186 138.822 179.893
202206 0.000 142.347 0.000
202209 162.794 144.661 172.217
202212 0.000 145.763 0.000
202303 164.393 146.865 171.299
202306 0.000 150.280 0.000
202309 159.815 151.492 161.442
202312 0.000 152.924 0.000
202403 153.298 153.035 153.298

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


Ludlow Jute & Specialities  (BOM:526179) 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.

Ludlow Jute & Specialities's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.32/140.32
=0.61

* 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 Ludlow Jute & Specialities was 0.63. The lowest was 0.60. And the median was 0.61.


Be Aware

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


Ludlow Jute & Specialities Cyclically Adjusted Book per Share Related Terms

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


Ludlow Jute & Specialities (BOM:526179) Business Description

Traded in Other Exchanges
N/A
Address
23C, Ashutosh Chowdhury Avenue, KCI Plaza, 4th Floor, Kolkata, WB, IND, 700 019
Ludlow Jute & Specialities Ltd is an India-based company, which offers jute goods. The company operates in the segment of manufacturing and sale of Jute Goods. It offers products such as Jute yarn, Hessian cloth, and Food grade bags; Jute geotextiles, such as Soil saver (Jute mesh), woven and nonwoven, and diversified products, such as Jute felt/nonwoven, Jute canvas, Leno/scrim cloth, and Decorative hessian fabric. The company primarily operates in India. It also offers its products in the Overseas market.

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