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Intec Capital (BOM:526871) Cyclically Adjusted Book per Share : ₹77.78 (As of Dec. 2023)


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What is Intec Capital 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.

Intec Capital's adjusted book value per share data for the fiscal year that ended in Mar. 2023 was ₹21.745. 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 ₹77.78 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.10% 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 Intec Capital was 2.50% per year. The lowest was -4.40% per year. And the median was 0.70% per year.

As of today (2024-05-24), Intec Capital's current stock price is ₹ 26.89. Intec Capital's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2023 was ₹77.78. Intec Capital's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intec Capital was 0.60. The lowest was 0.13. And the median was 0.42.


Intec Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intec Capital'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.

Intec Capital Cyclically Adjusted Book per Share Chart

Intec Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.83 89.09 87.86 86.49 77.78

Intec Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 77.78 - - -

Competitive Comparison of Intec Capital's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Intec Capital'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.


Intec Capital's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Intec Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Intec Capital 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, Intec Capital's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_Book=Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=21.745/146.8646*146.8646
=21.745

Current CPI (Mar. 2023) = 146.8646.

Intec Capital Annual Data

Book Value per Share CPI Adj_Book
201403 84.307 91.425 135.430
201503 86.519 97.163 130.776
201603 89.461 102.518 128.159
201703 89.349 105.196 124.741
201803 51.659 109.786 69.106
201903 46.545 118.202 57.832
202003 26.161 124.705 30.810
202103 35.864 131.771 39.972
202203 37.062 138.822 39.209
202303 21.745 146.865 21.745

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


Intec Capital  (BOM:526871) 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.

Intec Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.89/77.78
=0.35

* 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 Intec Capital was 0.60. The lowest was 0.13. And the median was 0.42.


Be Aware

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


Intec Capital Cyclically Adjusted Book per Share Related Terms

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


Intec Capital (BOM:526871) Business Description

Traded in Other Exchanges
N/A
Address
57, Nehru Place, 708, Manjusha Building, New Delhi, IND, 110019
Intec Capital Ltd is a non-banking financial company. It plays a critical role in financial inclusion as it caters to a wide range of financial activities. It is engaged in the business of financing to small and medium enterprise customers. The company's business activity falls within a single business segment namely loan and financing. It has unparalleled expertise in providing loans for the acquisition of machinery, loans against collateral and loans for business functioning with a focus on growing sectors of the economy. Geographically all the activities are function through the region of India.

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