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Vasundhara Rasayans (BOM:538634) Cyclically Adjusted Book per Share : ₹69.22 (As of Mar. 2024)


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What is Vasundhara Rasayans 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.

Vasundhara Rasayans's adjusted book value per share for the three months ended in Mar. 2024 was ₹100.688. 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 ₹69.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vasundhara Rasayans's average Cyclically Adjusted Book Growth Rate was 15.50% 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.

As of today (2024-06-15), Vasundhara Rasayans's current stock price is ₹228.10. Vasundhara Rasayans's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹69.22. Vasundhara Rasayans's Cyclically Adjusted PB Ratio of today is 3.30.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Vasundhara Rasayans was 3.42. The lowest was 2.08. And the median was 2.97.


Vasundhara Rasayans Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vasundhara Rasayans'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.

Vasundhara Rasayans Cyclically Adjusted Book per Share Chart

Vasundhara Rasayans 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 - - - 59.91 69.22

Vasundhara Rasayans 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 59.91 - 65.23 - 69.22

Competitive Comparison of Vasundhara Rasayans's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Vasundhara Rasayans'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.


Vasundhara Rasayans's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Vasundhara Rasayans 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, Vasundhara Rasayans'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)
=100.688/153.0345*153.0345
=100.688

Current CPI (Mar. 2024) = 153.0345.

Vasundhara Rasayans Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 21.720 97.163 34.210
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 22.463 102.518 33.532
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 22.707 105.196 33.033
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 43.219 109.786 60.244
201806 0.000 111.317 0.000
201809 49.521 115.142 65.818
201812 0.000 115.142 0.000
201903 46.586 118.202 60.314
201906 0.000 120.880 0.000
201909 50.014 123.175 62.138
201912 0.000 126.235 0.000
202003 54.785 124.705 67.231
202006 0.000 127.000 0.000
202009 61.446 130.118 72.268
202012 64.891 130.889 75.870
202103 62.522 131.771 72.611
202106 68.802 134.084 78.526
202109 63.964 135.847 72.057
202112 64.270 138.161 71.189
202203 67.764 138.822 74.702
202206 70.298 142.347 75.576
202209 82.377 144.661 87.145
202212 0.000 145.763 0.000
202303 84.383 146.865 87.928
202306 0.000 150.280 0.000
202309 98.271 151.492 99.272
202312 0.000 152.924 0.000
202403 100.688 153.035 100.688

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


Vasundhara Rasayans  (BOM:538634) 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.

Vasundhara Rasayans's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=228.10/69.22
=3.30

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Vasundhara Rasayans was 3.42. The lowest was 2.08. And the median was 2.97.


Be Aware

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


Vasundhara Rasayans Cyclically Adjusted Book per Share Related Terms

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


Vasundhara Rasayans (BOM:538634) Business Description

Traded in Other Exchanges
N/A
Address
Shed no. 42, Phase II, IDA, Mallapur, Hyderabad, TG, IND, 500076
Vasundhara Rasayans Ltd is the manufacturer and exporter of antacids therapeutic category of active pharm ingredients (API). The company operates through two segments namely Export and Domestic. Its products consist of antacid API which includes dried aluminum hydroxide gel, magaldrate, aluminum hydroxide pate, and many more. The company's products are offered in various forms like paste, powder, and micronized grade powder. Additionally, it caters as well as provides technical backup support to many industries including pharmaceutical, food, and chemical. Geographically company generates the majority of its revenue from the domestic market.

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