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Bengal Tea & Fabrics (BOM:532230) Cyclically Adjusted Book per Share : ₹156.76 (As of Sep. 2024)


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What is Bengal Tea & Fabrics 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.

Bengal Tea & Fabrics's adjusted book value per share for the three months ended in Sep. 2024 was ₹121.619. 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 ₹156.76 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bengal Tea & Fabrics's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Bengal Tea & Fabrics was 6.00% per year. The lowest was 6.00% per year. And the median was 6.00% per year.

As of today (2024-12-15), Bengal Tea & Fabrics's current stock price is ₹184.85. Bengal Tea & Fabrics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹156.76. Bengal Tea & Fabrics's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bengal Tea & Fabrics was 1.26. The lowest was 0.25. And the median was 0.53.


Bengal Tea & Fabrics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bengal Tea & Fabrics'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.

Bengal Tea & Fabrics Cyclically Adjusted Book per Share Chart

Bengal Tea & Fabrics 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 - 127.65 135.60 145.97 152.17

Bengal Tea & Fabrics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 150.74 - 152.17 - 156.76

Competitive Comparison of Bengal Tea & Fabrics's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Bengal Tea & Fabrics'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.


Bengal Tea & Fabrics's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bengal Tea & Fabrics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bengal Tea & Fabrics's Cyclically Adjusted PB Ratio falls into.



Bengal Tea & Fabrics 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, Bengal Tea & Fabrics's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=121.619/157.8822*157.8822
=121.619

Current CPI (Sep. 2024) = 157.8822.

Bengal Tea & Fabrics Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 158.073 97.163 256.856
201506 0.000 99.841 0.000
201509 164.735 101.753 255.606
201512 0.000 102.901 0.000
201603 120.124 102.518 184.996
201606 0.000 105.961 0.000
201609 122.496 105.961 182.519
201612 0.000 105.196 0.000
201703 114.590 105.196 171.981
201706 0.000 107.109 0.000
201709 109.683 109.021 158.840
201712 0.000 109.404 0.000
201803 107.544 109.786 154.657
201806 0.000 111.317 0.000
201809 111.792 115.142 153.289
201812 0.000 115.142 0.000
201903 106.458 118.202 142.196
201906 0.000 120.880 0.000
201909 111.903 123.175 143.434
201912 0.000 126.235 0.000
202003 104.389 124.705 132.161
202006 0.000 127.000 0.000
202009 107.717 130.118 130.701
202012 0.000 130.889 0.000
202103 107.680 131.771 129.018
202106 0.000 134.084 0.000
202109 111.470 135.847 129.551
202112 0.000 138.161 0.000
202203 127.723 138.822 145.260
202206 0.000 142.347 0.000
202209 135.110 144.661 147.458
202212 0.000 145.763 0.000
202303 125.852 146.865 135.293
202306 0.000 150.280 0.000
202309 128.681 151.492 134.109
202312 0.000 152.924 0.000
202403 121.713 153.035 125.569
202406 0.000 155.789 0.000
202409 121.619 157.882 121.619

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


Bengal Tea & Fabrics  (BOM:532230) 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.

Bengal Tea & Fabrics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=184.85/156.76
=1.18

* 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 Bengal Tea & Fabrics was 1.26. The lowest was 0.25. And the median was 0.53.


Be Aware

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


Bengal Tea & Fabrics Cyclically Adjusted Book per Share Related Terms

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


Bengal Tea & Fabrics Business Description

Traded in Other Exchanges
N/A
Address
Century Towers, 4th Floor, 45, Shakespeare Sarani, Kolkata, WB, IND, 700017
Bengal Tea & Fabrics Ltd is an investment company. The company's operating segment includes tea and real estate. The company earns the majority of its revenue from the tea division which includes manufacturing and trading tea and various value-added items. Geographically, it derives a majority of its revenue from India.

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