GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Titan Securities Ltd (BOM:530045) » Definitions » Cyclically Adjusted Book per Share

Titan Securities (BOM:530045) Cyclically Adjusted Book per Share : ₹0.00 (As of Dec. 2024)


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

What is Titan Securities 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.

Titan Securities's adjusted book value per share for the three months ended in Dec. 2024 was ₹0.000. 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 ₹0.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Titan Securities's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Titan Securities was 11.90% per year. The lowest was 11.90% per year. And the median was 11.90% per year.

As of today (2025-05-19), Titan Securities's current stock price is ₹33.40. Titan Securities's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₹0.00. Titan Securities's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Titan Securities was 2.06. The lowest was 0.41. And the median was 0.97.


Titan Securities Cyclically Adjusted Book per Share Historical Data

The historical data trend for Titan Securities'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.

Titan Securities Cyclically Adjusted Book per Share Chart

Titan Securities 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 - 16.96 18.30 20.73 23.79

Titan Securities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 23.79 - 25.11 -

Competitive Comparison of Titan Securities's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Titan Securities'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.


Titan Securities's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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


;
;

Titan Securities 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, Titan Securities's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Titan Securities Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.490 97.163 17.093
201506 0.000 99.841 0.000
201509 10.533 101.753 16.389
201512 0.000 102.901 0.000
201603 18.126 102.518 27.993
201606 0.000 105.961 0.000
201609 18.588 105.961 27.773
201612 0.000 105.196 0.000
201703 18.853 105.196 28.374
201706 0.000 107.109 0.000
201709 19.227 109.021 27.922
201712 0.000 109.404 0.000
201803 11.848 109.786 17.086
201806 0.000 111.317 0.000
201809 20.924 115.142 28.771
201812 0.000 115.142 0.000
201903 12.454 118.202 16.681
201906 0.000 120.880 0.000
201909 12.867 123.175 16.539
201912 0.000 126.235 0.000
202003 13.429 124.705 17.049
202006 15.168 127.000 18.909
202009 16.092 130.118 19.580
202012 17.183 130.889 20.784
202103 17.690 131.771 21.255
202106 19.082 134.084 22.531
202109 20.270 135.847 23.624
202112 21.316 138.161 24.427
202203 25.564 138.822 29.155
202206 26.989 142.347 30.018
202209 29.418 144.661 32.196
202212 0.000 145.763 0.000
202303 31.445 146.865 33.898
202306 0.000 150.280 0.000
202309 34.116 151.492 35.654
202312 0.000 152.924 0.000
202403 35.666 153.035 36.899
202406 0.000 155.789 0.000
202409 38.810 157.882 38.918
202412 0.000 158.323 0.000

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


Titan Securities  (BOM:530045) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Titan Securities was 2.06. The lowest was 0.41. And the median was 0.97.


Be Aware

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


Titan Securities Cyclically Adjusted Book per Share Related Terms

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


Titan Securities Business Description

Traded in Other Exchanges
N/A
Address
A-2/3, 3rd Floor, Lusa Tower, Azadpur Commercial Complex, Azadpur, Delhi, IND, 110033
Titan Securities Ltd operates as a Non-Banking Financial Institution. It is engaged in the capital markets business sector. The company operates through a business segment namely, Non-banking Financial Company. The company's main business is to invest its funds in financial services. It deals in shares and securities of all listed and unlisted securities, bonds, and debentures and makes its investments in shares, securities, and bonds. It also deals in short-term or long-term finances for reputed and business entities. Geographically, the company operates only in the Indian market.

Titan Securities Headlines

No Headlines