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Orosil Smiths India (BOM:531626) Cyclically Adjusted Book per Share : ₹0.89 (As of Mar. 2024)


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What is Orosil Smiths India 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.

Orosil Smiths India's adjusted book value per share for the three months ended in Mar. 2024 was ₹0.392. 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 ₹0.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Orosil Smiths India's average Cyclically Adjusted Book Growth Rate was -6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.50% 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 Orosil Smiths India was -6.50% per year. The lowest was -6.50% per year. And the median was -6.50% per year.

As of today (2024-06-20), Orosil Smiths India's current stock price is ₹3.64. Orosil Smiths India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹0.89. Orosil Smiths India's Cyclically Adjusted PB Ratio of today is 4.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Orosil Smiths India was 8.63. The lowest was 2.89. And the median was 4.46.


Orosil Smiths India Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orosil Smiths India'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.

Orosil Smiths India Cyclically Adjusted Book per Share Chart

Orosil Smiths India 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 - 1.09 0.94 0.95 0.89

Orosil Smiths India 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 0.95 - 0.96 - 0.89

Competitive Comparison of Orosil Smiths India's Cyclically Adjusted Book per Share

For the Luxury Goods subindustry, Orosil Smiths India'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.


Orosil Smiths India's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Orosil Smiths India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Orosil Smiths India's Cyclically Adjusted PB Ratio falls into.



Orosil Smiths India 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, Orosil Smiths India'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)
=0.392/153.0345*153.0345
=0.392

Current CPI (Mar. 2024) = 153.0345.

Orosil Smiths India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 1.067 96.780 1.687
201412 0.000 96.780 0.000
201503 1.055 97.163 1.662
201506 0.000 99.841 0.000
201509 1.036 101.753 1.558
201512 0.000 102.901 0.000
201603 0.730 102.518 1.090
201606 0.000 105.961 0.000
201609 0.949 105.961 1.371
201612 0.000 105.196 0.000
201703 0.645 105.196 0.938
201706 0.000 107.109 0.000
201709 0.920 109.021 1.291
201712 0.000 109.404 0.000
201803 0.638 109.786 0.889
201806 0.000 111.317 0.000
201809 0.846 115.142 1.124
201812 0.000 115.142 0.000
201903 0.511 118.202 0.662
201906 0.000 120.880 0.000
201909 0.735 123.175 0.913
201912 0.000 126.235 0.000
202003 0.444 124.705 0.545
202006 0.000 127.000 0.000
202009 0.667 130.118 0.784
202012 0.000 130.889 0.000
202103 0.358 131.771 0.416
202106 0.000 134.084 0.000
202109 0.595 135.847 0.670
202112 0.000 138.161 0.000
202203 0.308 138.822 0.340
202206 0.000 142.347 0.000
202209 0.512 144.661 0.542
202212 0.000 145.763 0.000
202303 0.490 146.865 0.511
202306 0.000 150.280 0.000
202309 0.428 151.492 0.432
202312 0.000 152.924 0.000
202403 0.392 153.035 0.392

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


Orosil Smiths India  (BOM:531626) 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.

Orosil Smiths India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.64/0.89
=4.09

* 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 Orosil Smiths India was 8.63. The lowest was 2.89. And the median was 4.46.


Be Aware

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


Orosil Smiths India Cyclically Adjusted Book per Share Related Terms

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


Orosil Smiths India (BOM:531626) Business Description

Traded in Other Exchanges
N/A
Address
A-89, Sector-2, Noida, UP, IND, 201301
Orosil Smiths India Ltd is a jewelry solutions company. Principally, it is engaged in the manufacturing and sale of silver jewelry, gems, and gold jewelry as well as plain and trading of silver articles. The company's brand includes Kuhjohl and Sincere for semiprecious. It offers jewelry in various categories, such as rings, earrings, pendants, anklets, bracelets, bangles, chains, necklaces, and pendant sets.

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