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Sapan Chemicals (BOM:531781) Cyclically Adjusted Book per Share : ₹0.00 (As of Mar. 2018)


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What is Sapan Chemicals 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.

Sapan Chemicals's adjusted book value per share data for the fiscal year that ended in Mar. 2018 was ₹1.710. 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 Mar. 2018.

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 (2024-06-20), Sapan Chemicals's current stock price is ₹ 1.24. Sapan Chemicals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2018 was ₹0.00. Sapan Chemicals's Cyclically Adjusted PB Ratio of today is .


Sapan Chemicals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sapan Chemicals'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.

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Sapan Chemicals Cyclically Adjusted Book per Share Chart

Sapan Chemicals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted Book per Share
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Sapan Chemicals Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Sapan Chemicals's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Sapan Chemicals'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.


Sapan Chemicals's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Sapan Chemicals 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, Sapan Chemicals's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2018 was:

Adj_Book=Book Value per Share /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=1.71/109.7864*109.7864
=1.710

Current CPI (Mar. 2018) = 109.7864.

Sapan Chemicals Annual Data

Book Value per Share CPI Adj_Book
200903 9.999 56.615 19.390
201003 10.000 65.030 16.882
201103 10.018 70.768 15.541
201203 10.006 76.889 14.287
201303 10.007 85.687 12.821
201403 10.014 91.425 12.025
201503 3.651 97.163 4.125
201603 1.715 102.518 1.837
201703 1.712 105.196 1.787
201803 1.710 109.786 1.710

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


Sapan Chemicals  (BOM:531781) 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.


Be Aware

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


Sapan Chemicals Cyclically Adjusted Book per Share Related Terms

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


Sapan Chemicals (BOM:531781) Business Description

Traded in Other Exchanges
N/A
Address
Gotri Road, Near Rupal Park, B-1, Sadguru Complex, Vadodara, GJ, IND, 390021
Sapan Chemicals Ltd is an India-based company engaged in the provisions of financial services. The company is involved in the business of trading in shares, broking, investments in shares and many more. It operates in single segment i.e. Share broking and Investment in shares.

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