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Prince Pipes And Fittings (BOM:542907) Cyclically Adjusted Book per Share : ₹80.11 (As of Mar. 2024)


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What is Prince Pipes And Fittings 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.

Prince Pipes And Fittings's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹139.688. 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 ₹80.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prince Pipes And Fittings's average Cyclically Adjusted Book Growth Rate was 21.50% 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 (2024-06-20), Prince Pipes And Fittings's current stock price is ₹ 683.45. Prince Pipes And Fittings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹80.11. Prince Pipes And Fittings's Cyclically Adjusted PB Ratio of today is 8.53.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Prince Pipes And Fittings was 10.01. The lowest was 7.61. And the median was 8.59.


Prince Pipes And Fittings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prince Pipes And Fittings'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.

Prince Pipes And Fittings Cyclically Adjusted Book per Share Chart

Prince Pipes And Fittings 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 - - - 65.96 80.11

Prince Pipes And Fittings 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 65.96 - - - 80.11

Competitive Comparison of Prince Pipes And Fittings's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Prince Pipes And Fittings'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.


Prince Pipes And Fittings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prince Pipes And Fittings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Prince Pipes And Fittings's Cyclically Adjusted PB Ratio falls into.



Prince Pipes And Fittings 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, Prince Pipes And Fittings'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)
=139.688/153.0345*153.0345
=139.688

Current CPI (Mar. 2024) = 153.0345.

Prince Pipes And Fittings Annual Data

Book Value per Share CPI Adj_Book
201503 17.155 97.163 27.020
201603 20.461 102.518 30.543
201703 26.946 105.196 39.200
201803 35.171 109.786 49.026
201903 44.314 118.202 57.373
202003 76.134 124.705 93.429
202103 94.839 131.771 110.143
202203 114.441 138.822 126.158
202303 123.368 146.865 128.551
202403 139.688 153.035 139.688

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


Prince Pipes And Fittings  (BOM:542907) 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.

Prince Pipes And Fittings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=683.45/80.11
=8.53

* 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 Prince Pipes And Fittings was 10.01. The lowest was 7.61. And the median was 8.59.


Be Aware

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


Prince Pipes And Fittings Cyclically Adjusted Book per Share Related Terms

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


Prince Pipes And Fittings (BOM:542907) Business Description

Traded in Other Exchanges
Address
29, Senapati Bapat Marg (Tulsi Pipe Road), 8th Floor, The Ruby, Dadar (West), Mumbai, MH, IND, 400 028
Prince Pipes And Fittings Ltd is a manufacturer of polymer pipes and fittings. The company manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. It markets its products under two brand names: Prince Piping Systems; and Trubore. The company's products are used for various applications in plumbing, irrigation, and soil, waste and rainwater management in both rural and urban areas.

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