GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kiran Vyapar Ltd (BOM:537750) » Definitions » Cyclically Adjusted Book per Share

Kiran Vyapar (BOM:537750) Cyclically Adjusted Book per Share : ₹526.79 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Kiran Vyapar 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.

Kiran Vyapar's adjusted book value per share for the three months ended in Mar. 2024 was ₹649.899. 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 ₹526.79 for the trailing ten years ended in Mar. 2024.

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 (2024-06-01), Kiran Vyapar's current stock price is ₹166.75. Kiran Vyapar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹526.79. Kiran Vyapar's Cyclically Adjusted PB Ratio of today is 0.32.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Kiran Vyapar was 0.34. The lowest was 0.28. And the median was 0.29.


Kiran Vyapar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kiran Vyapar'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.

Kiran Vyapar Cyclically Adjusted Book per Share Chart

Kiran Vyapar 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 - - - - 526.79

Kiran Vyapar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 515.07 - 526.79

Competitive Comparison of Kiran Vyapar's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Kiran Vyapar'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.


Kiran Vyapar's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Kiran Vyapar 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, Kiran Vyapar'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)
=649.899/153.0345*153.0345
=649.899

Current CPI (Mar. 2024) = 153.0345.

Kiran Vyapar Quarterly Data

Book Value per Share CPI Adj_Book
201403 299.661 91.425 501.597
201406 0.000 94.103 0.000
201409 300.824 96.780 475.679
201412 0.000 96.780 0.000
201503 324.251 97.163 510.705
201506 0.000 99.841 0.000
201509 328.832 101.753 494.555
201512 0.000 102.901 0.000
201603 338.637 102.518 505.501
201606 0.000 105.961 0.000
201609 351.983 105.961 508.352
201612 0.000 105.196 0.000
201703 382.833 105.196 556.929
201706 0.000 107.109 0.000
201709 362.001 109.021 508.145
201712 0.000 109.404 0.000
201803 412.265 109.786 574.668
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 394.630 118.202 510.922
201906 0.000 120.880 0.000
201909 379.131 123.175 471.038
201912 0.000 126.235 0.000
202003 351.413 124.705 431.244
202006 0.000 127.000 0.000
202009 388.821 130.118 457.301
202012 0.000 130.889 0.000
202103 446.412 131.771 518.450
202106 0.000 134.084 0.000
202109 506.291 135.847 570.347
202112 0.000 138.161 0.000
202203 524.075 138.822 577.730
202206 0.000 142.347 0.000
202209 531.968 144.661 562.760
202212 0.000 145.763 0.000
202303 536.921 146.865 559.477
202309 584.541 151.492 590.493
202312 0.000 152.924 0.000
202403 649.899 153.035 649.899

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


Kiran Vyapar  (BOM:537750) 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.

Kiran Vyapar's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=166.75/526.79
=0.32

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Kiran Vyapar was 0.34. The lowest was 0.28. And the median was 0.29.


Be Aware

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


Kiran Vyapar Cyclically Adjusted Book per Share Related Terms

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


Kiran Vyapar (BOM:537750) Business Description

Traded in Other Exchanges
N/A
Address
ATHIVA, Plot No. C2, Sector - III, HUDA Techno Enclave, Madhapur, Hyderabad, TG, IND, 500 081
Kiran Vyapar Ltd is a non-banking financial company mainly engaged in the business of providing Loans and making an investment in shares and securities. It carries the business of investments, trading and dealing in shares and securities, mutual funds, financing, and carrying on business in accordance with the regulatory framework. The company's operating segment include Investments and Trading. It generates maximum revenue from the Investments segment which involves buying and selling various kinds of securities and providing loans. The group operates in India.

Kiran Vyapar (BOM:537750) Headlines

No Headlines