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Tijaria Polypipes (BOM:533629) Cyclically Adjusted Book per Share : ₹8.65 (As of Mar. 2024)


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What is Tijaria Polypipes 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.

Tijaria Polypipes's adjusted book value per share for the three months ended in Mar. 2024 was ₹-9.457. 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 ₹8.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tijaria Polypipes's average Cyclically Adjusted Book Growth Rate was -45.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -33.10% 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 Tijaria Polypipes was -33.10% per year. The lowest was -33.10% per year. And the median was -33.10% per year.

As of today (2024-07-22), Tijaria Polypipes's current stock price is ₹15.21. Tijaria Polypipes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹8.65. Tijaria Polypipes's Cyclically Adjusted PB Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tijaria Polypipes was 3.31. The lowest was 0.15. And the median was 0.32.


Tijaria Polypipes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes Cyclically Adjusted Book per Share Chart

Tijaria Polypipes 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 - 28.88 24.13 15.90 8.65

Tijaria Polypipes 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 15.90 15.18 12.15 11.37 8.65

Competitive Comparison of Tijaria Polypipes's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Tijaria Polypipes'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.


Tijaria Polypipes's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tijaria Polypipes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tijaria Polypipes 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, Tijaria Polypipes'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)
=-9.457/153.0345*153.0345
=-9.457

Current CPI (Mar. 2024) = 153.0345.

Tijaria Polypipes Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 29.967 96.780 47.385
201412 0.000 96.780 0.000
201503 29.600 97.163 46.621
201506 0.000 99.841 0.000
201509 27.367 101.753 41.159
201512 0.000 102.901 0.000
201603 23.421 102.518 34.962
201606 0.000 105.961 0.000
201609 18.253 105.961 26.362
201612 0.000 105.196 0.000
201703 14.567 105.196 21.191
201706 0.000 107.109 0.000
201709 7.449 109.021 10.456
201712 0.000 109.404 0.000
201803 4.987 109.786 6.952
201806 0.000 111.317 0.000
201809 7.002 115.142 9.306
201812 0.000 115.142 0.000
201903 7.992 118.202 10.347
201906 0.000 120.880 0.000
201909 8.188 123.175 10.173
201912 0.000 126.235 0.000
202003 7.298 124.705 8.956
202006 0.000 127.000 0.000
202009 4.610 130.118 5.422
202012 0.000 130.889 0.000
202103 2.432 131.771 2.824
202106 0.000 134.084 0.000
202109 -0.758 135.847 -0.854
202112 0.000 138.161 0.000
202203 -5.142 138.822 -5.668
202206 -6.674 142.347 -7.175
202209 -7.080 144.661 -7.490
202212 -7.467 145.763 -7.840
202303 -8.438 146.865 -8.792
202306 -8.736 150.280 -8.896
202309 -8.967 151.492 -9.058
202312 -9.208 152.924 -9.215
202403 -9.457 153.035 -9.457

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


Tijaria Polypipes  (BOM:533629) 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.

Tijaria Polypipes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.21/8.65
=1.76

* 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 Tijaria Polypipes was 3.31. The lowest was 0.15. And the median was 0.32.


Be Aware

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


Tijaria Polypipes Cyclically Adjusted Book per Share Related Terms

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


Tijaria Polypipes (BOM:533629) Business Description

Industry
Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

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