GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACL Cables PLC (COL:ACL.N0000) » Definitions » Cyclically Adjusted Book per Share

ACL Cables (COL:ACL.N0000) Cyclically Adjusted Book per Share : රු60.02 (As of Dec. 2023)


View and export this data going back to 1976. Start your Free Trial

What is ACL Cables 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.

ACL Cables's adjusted book value per share for the three months ended in Dec. 2023 was රු106.217. 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 රු60.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ACL Cables's average Cyclically Adjusted Book Growth Rate was 15.20% 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 (2024-06-24), ACL Cables's current stock price is රු85.50. ACL Cables's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු60.02. ACL Cables's Cyclically Adjusted PB Ratio of today is 1.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ACL Cables was 2.84. The lowest was 0.73. And the median was 1.37.


ACL Cables Cyclically Adjusted Book per Share Historical Data

The historical data trend for ACL Cables'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.

ACL Cables Cyclically Adjusted Book per Share Chart

ACL Cables Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 45.79 54.87

ACL Cables Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 52.11 54.87 57.33 59.00 60.02

Competitive Comparison of ACL Cables's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, ACL Cables'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.


ACL Cables's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ACL Cables's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ACL Cables 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, ACL Cables's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=106.217/129.4194*129.4194
=106.217

Current CPI (Dec. 2023) = 129.4194.

ACL Cables Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.461 99.695 33.052
201406 0.000 100.560 0.000
201409 26.121 100.428 33.662
201412 27.104 99.070 35.407
201503 30.846 99.621 40.073
201506 31.954 100.684 41.074
201509 32.638 100.392 42.075
201512 33.719 99.792 43.730
201603 35.251 100.470 45.408
201606 36.528 101.688 46.490
201609 37.353 101.861 47.459
201612 38.528 101.863 48.951
201703 38.949 102.862 49.005
201706 38.914 103.349 48.730
201709 39.041 104.136 48.520
201712 40.103 104.011 49.900
201803 43.112 105.290 52.992
201806 43.475 106.317 52.922
201809 43.090 106.507 52.360
201812 44.121 105.998 53.870
201903 43.998 107.251 53.092
201906 44.374 108.070 53.140
201909 44.665 108.329 53.361
201912 46.049 108.420 54.968
202003 46.905 108.902 55.742
202006 46.769 108.767 55.649
202009 47.927 109.815 56.483
202012 49.426 109.897 58.206
202103 55.652 111.754 64.449
202106 56.987 114.631 64.339
202109 59.531 115.734 66.570
202112 65.061 117.630 71.582
202203 72.699 121.301 77.565
202206 86.197 125.017 89.233
202209 90.748 125.227 93.786
202212 94.869 125.222 98.049
202303 98.091 127.348 99.687
202306 100.367 128.729 100.906
202309 102.364 129.860 102.017
202312 106.217 129.419 106.217

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


ACL Cables  (COL:ACL.N0000) 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.

ACL Cables's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.50/60.02
=1.42

* 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 ACL Cables was 2.84. The lowest was 0.73. And the median was 1.37.


Be Aware

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


ACL Cables Cyclically Adjusted Book per Share Related Terms

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


ACL Cables (COL:ACL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 60, Rodney Street, Colombo, LKA, 08
ACL Cables PLC is engaged in the manufacturing of cables and conductors. The company's operating segment includes Manufacturing cables; Manufacturing Polyvinyl chloride (PVC) compound and Others. It generates maximum revenue from the Manufacturing cables segment. Geographically, it derives a majority of revenue from Sri Lanka. Some of the products include building wires, control cables, service wires, telecommunication cables, auto cables, flexible cables, switches, sockets, fans, low voltage switch series, and others.

ACL Cables (COL:ACL.N0000) Headlines

No Headlines