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Welspun (BOM:532144) Cyclically Adjusted Book per Share : ₹178.13 (As of Mar. 2025)


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What is Welspun 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.

Welspun's adjusted book value per share for the three months ended in Mar. 2025 was ₹283.830. 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 ₹178.13 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Welspun's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 Welspun was 1.40% per year. The lowest was -2.50% per year. And the median was -2.50% per year.

As of today (2025-07-19), Welspun's current stock price is ₹923.35. Welspun's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹178.13. Welspun's Cyclically Adjusted PB Ratio of today is 5.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Welspun was 5.43. The lowest was 0.32. And the median was 1.33.


Welspun Cyclically Adjusted Book per Share Historical Data

The historical data trend for Welspun'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.

Welspun Cyclically Adjusted Book per Share Chart

Welspun Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.66 170.79 163.36 164.48 178.13

Welspun Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 164.48 - 172.31 - 178.13

Competitive Comparison of Welspun's Cyclically Adjusted Book per Share

For the Steel subindustry, Welspun'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.


Welspun's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Welspun 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, Welspun's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=283.83/157.5517*157.5517
=283.830

Current CPI (Mar. 2025) = 157.5517.

Welspun Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 112.375 101.753 173.998
201512 0.000 102.901 0.000
201603 105.529 102.518 162.179
201606 0.000 105.961 0.000
201609 100.757 105.961 149.814
201612 0.000 105.196 0.000
201703 105.926 105.196 158.645
201706 0.000 107.109 0.000
201709 105.087 109.021 151.866
201712 0.000 109.404 0.000
201803 107.608 109.786 154.426
201806 0.000 111.317 0.000
201809 107.407 115.142 146.968
201812 0.000 115.142 0.000
201903 105.481 118.202 140.596
201906 0.000 120.880 0.000
201909 116.259 123.175 148.706
201912 0.000 126.235 0.000
202003 123.244 124.705 155.706
202006 0.000 127.000 0.000
202009 129.835 130.118 157.209
202012 0.000 130.889 0.000
202103 156.497 131.771 187.116
202106 0.000 134.084 0.000
202109 147.769 135.847 171.379
202112 0.000 138.161 0.000
202203 169.701 138.822 192.597
202206 0.000 142.347 0.000
202209 167.157 144.661 182.052
202212 0.000 145.763 0.000
202303 180.938 146.865 194.105
202306 0.000 150.280 0.000
202309 192.985 151.492 200.704
202312 0.000 152.924 0.000
202403 214.706 153.035 221.044
202406 0.000 155.789 0.000
202409 230.216 157.882 229.734
202412 0.000 158.323 0.000
202503 283.830 157.552 283.830

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


Welspun  (BOM:532144) 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.

Welspun's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=923.35/178.13
=5.18

* 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 Welspun was 5.43. The lowest was 0.32. And the median was 1.33.


Be Aware

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


Welspun Cyclically Adjusted Book per Share Related Terms

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


Welspun Business Description

Industry
Traded in Other Exchanges
Address
Senapati Bapat Marg, Kamala Mills Compound, Welspun House, 5th Floor, Lower Parel (West), Mumbai, MH, IND, 400013
Welspun Corp Ltd is an Indian company engaged in the Production and Coating of High-Grade Submerged Welded Pipes, Hot Rolled Steel Plates and Coils. The company's products include Helically welded pipes, longitudinally welded pipes, High-frequency electric welded pipes, Plates and Coils, Coating Systems, and other services including Pipe bending, Double jointing, Stack pile, and Inventory management. The Group's operations relate to the manufacturing of steel products and plastic products, and segments consist of Steel Products, which derives maximum revenue and others (including plastic products).

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