GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Worldwide Aluminium Ltd (BOM:526525) » Definitions » Cyclically Adjusted Book per Share

Worldwide Aluminium (BOM:526525) Cyclically Adjusted Book per Share : ₹26.58 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Worldwide Aluminium 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.

Worldwide Aluminium's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹18.739. 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 ₹26.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Worldwide Aluminium's average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Worldwide Aluminium was -2.10% per year. The lowest was -3.70% per year. And the median was -3.20% per year.

As of today (2024-06-14), Worldwide Aluminium's current stock price is ₹ 15.25. Worldwide Aluminium's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹26.58. Worldwide Aluminium's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Worldwide Aluminium was 0.72. The lowest was 0.19. And the median was 0.50.


Worldwide Aluminium Cyclically Adjusted Book per Share Historical Data

The historical data trend for Worldwide Aluminium'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.

Worldwide Aluminium Cyclically Adjusted Book per Share Chart

Worldwide Aluminium 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 30.21 29.29 28.21 27.53 26.58

Worldwide Aluminium 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 27.53 - - - 26.58

Competitive Comparison of Worldwide Aluminium's Cyclically Adjusted Book per Share

For the Aluminum subindustry, Worldwide Aluminium'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.


Worldwide Aluminium's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Worldwide Aluminium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Worldwide Aluminium 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, Worldwide Aluminium's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.739/153.0345*153.0345
=18.739

Current CPI (Mar. 2024) = 153.0345.

Worldwide Aluminium Annual Data

Book Value per Share CPI Adj_Book
201503 24.340 97.163 38.336
201603 24.011 102.518 35.842
201703 22.317 105.196 32.466
201803 21.600 109.786 30.109
201903 19.680 118.202 25.479
202003 18.669 124.705 22.910
202103 18.691 131.771 21.707
202203 18.734 138.822 20.652
202303 18.731 146.865 19.518
202403 18.739 153.035 18.739

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


Worldwide Aluminium  (BOM:526525) 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.

Worldwide Aluminium's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.25/26.58
=0.57

* 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 Worldwide Aluminium was 0.72. The lowest was 0.19. And the median was 0.50.


Be Aware

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


Worldwide Aluminium Cyclically Adjusted Book per Share Related Terms

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


Worldwide Aluminium (BOM:526525) Business Description

Traded in Other Exchanges
N/A
Address
602, Rohit House, 3, Tolstoy Marg, Connaught Place, New Delhi, IND, 110001
Worldwide Aluminium Ltd is engaged in the Trading of aluminium foils, aluminium sheets, strips, coils, and PP caps. The company generates its revenue from the sale of aluminium coils in the domestic region.

Worldwide Aluminium (BOM:526525) Headlines

No Headlines