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Good Hope (COL:GOOD.N0000) Cyclically Adjusted Book per Share : රු1,870.24 (As of Sep. 2023)


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What is Good Hope 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.

Good Hope's adjusted book value per share for the three months ended in Sep. 2023 was රු3,284.343. 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 රු1,870.24 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Good Hope's average Cyclically Adjusted Book Growth Rate was 17.00% 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 (2024-05-12), Good Hope's current stock price is රු1200.50. Good Hope's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was රු1,870.24. Good Hope's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Good Hope was 1.11. The lowest was 0.61. And the median was 0.76.


Good Hope Cyclically Adjusted Book per Share Historical Data

The historical data trend for Good Hope'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.

Good Hope Cyclically Adjusted Book per Share Chart

Good Hope 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 - - 1,249.70 1,490.03 1,726.59

Good Hope Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,599.04 1,643.09 1,726.59 1,799.94 1,870.24

Competitive Comparison of Good Hope's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Good Hope'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.


Good Hope's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Good Hope's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Good Hope 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, Good Hope's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3284.343/129.8595*129.8595
=3,284.343

Current CPI (Sep. 2023) = 129.8595.

Good Hope Quarterly Data

Book Value per Share CPI Adj_Book
201312 779.953 98.326 1,030.088
201403 777.643 99.695 1,012.938
201406 892.551 100.560 1,152.613
201409 869.348 100.428 1,124.122
201412 872.102 99.070 1,143.142
201503 825.763 99.621 1,076.410
201506 887.176 100.684 1,144.257
201509 826.495 100.392 1,069.097
201512 901.441 99.792 1,173.042
201603 991.499 100.470 1,281.527
201606 990.241 101.688 1,264.575
201609 989.323 101.861 1,261.258
201612 1,608.264 101.863 2,050.293
201703 1,462.750 102.862 1,846.665
201706 1,460.588 103.349 1,835.248
201709 1,460.856 104.136 1,821.721
201712 1,460.930 104.011 1,823.994
201803 1,505.000 105.290 1,856.202
201806 1,505.111 106.317 1,838.401
201809 1,505.232 106.507 1,835.271
201812 1,505.532 105.998 1,844.448
201903 1,557.661 107.251 1,886.025
201906 1,558.045 108.070 1,872.193
201909 1,558.444 108.329 1,868.179
201912 1,558.341 108.420 1,866.493
202003 1,504.800 108.902 1,794.397
202006 1,490.318 108.767 1,779.321
202009 1,487.595 109.815 1,759.127
202012 1,492.435 109.897 1,763.535
202103 1,834.986 111.754 2,132.268
202106 1,827.854 114.631 2,070.674
202109 1,822.835 115.734 2,045.309
202112 1,826.194 117.630 2,016.064
202203 2,754.821 121.301 2,949.190
202206 2,743.787 125.017 2,850.071
202209 2,759.579 125.227 2,861.675
202212 2,759.834 125.222 2,862.047
202303 3,285.626 127.348 3,350.429
202306 3,284.075 128.729 3,312.924
202309 3,284.343 129.860 3,284.343

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


Good Hope  (COL:GOOD.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.

Good Hope's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1200.50/1870.24
=0.64

* 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 Good Hope was 1.11. The lowest was 0.61. And the median was 0.76.


Be Aware

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


Good Hope Cyclically Adjusted Book per Share Related Terms

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


Good Hope (COL:GOOD.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Good Hope PLC is an investment holding company. Its subsidiaries are mainly engaged in oil palm plantation business.

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