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Zuari Agro Chemicals (BOM:534742) Cyclically Adjusted Book per Share : ₹331.27 (As of Jun. 2024)


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What is Zuari Agro 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.

Zuari Agro Chemicals's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹402.763. 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 ₹331.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zuari Agro Chemicals's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.70% 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 Zuari Agro Chemicals was -7.70% per year. The lowest was -7.70% per year. And the median was -7.70% per year.

As of today (2024-09-21), Zuari Agro Chemicals's current stock price is ₹ 197.30. Zuari Agro Chemicals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹331.27. Zuari Agro Chemicals's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zuari Agro Chemicals was 0.68. The lowest was 0.21. And the median was 0.46.


Zuari Agro Chemicals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zuari Agro 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.

* Premium members only.

Zuari Agro Chemicals Cyclically Adjusted Book per Share Chart

Zuari Agro Chemicals 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 - 420.97 306.34 318.12 331.27

Zuari Agro Chemicals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 331.27 -

Competitive Comparison of Zuari Agro Chemicals's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Zuari Agro 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.


Zuari Agro Chemicals's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zuari Agro Chemicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zuari Agro 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, Zuari Agro Chemicals's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=402.763/153.0345*153.0345
=402.763

Current CPI (Mar. 2024) = 153.0345.

Zuari Agro Chemicals Annual Data

Book Value per Share CPI Adj_Book
201503 302.918 97.163 477.105
201603 320.348 102.518 478.200
201703 325.017 105.196 472.820
201803 348.261 109.786 485.451
201903 273.943 118.202 354.670
202003 81.123 124.705 99.552
202103 46.648 131.771 54.176
202203 87.263 138.822 96.197
202303 375.949 146.865 391.743
202403 402.763 153.035 402.763

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


Zuari Agro Chemicals  (BOM:534742) 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.

Zuari Agro Chemicals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=197.30/331.27
=0.60

* 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 Zuari Agro Chemicals was 0.68. The lowest was 0.21. And the median was 0.46.


Be Aware

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


Zuari Agro Chemicals Cyclically Adjusted Book per Share Related Terms

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


Zuari Agro Chemicals Business Description

Traded in Other Exchanges
Address
Off Cubbon Road, No. 28, Union Street, Adventz Centre, 3rd Floor, Bangalore, KA, IND, 560 001
Zuari Agro Chemicals Ltd is a manufacturer of organic and inorganic fertilizers. Its products are marketed under the Jai Kisaan brand. The company produces complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers. In addition, it also acts as an importer of fertilizers and farm nutrients. The group operates through one geographical segment which is India.

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