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Laugfs Gas (COL:LGL.N0000) Cyclically Adjusted Book per Share : රු12.53 (As of Dec. 2023)


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What is Laugfs Gas 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.

Laugfs Gas's adjusted book value per share for the three months ended in Dec. 2023 was රු9.772. 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 රු12.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Laugfs Gas's average Cyclically Adjusted Book Growth Rate was -2.90% 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 (2024-05-01), Laugfs Gas's current stock price is රු37.90. Laugfs Gas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු12.53. Laugfs Gas's Cyclically Adjusted PB Ratio of today is 3.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Laugfs Gas was 3.05. The lowest was 1.20. And the median was 1.95.


Laugfs Gas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Laugfs Gas'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.

Laugfs Gas Cyclically Adjusted Book per Share Chart

Laugfs Gas 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 - - - 13.26 12.81

Laugfs Gas 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 12.90 12.81 12.84 12.64 12.53

Competitive Comparison of Laugfs Gas's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Laugfs Gas'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.


Laugfs Gas's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Laugfs Gas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Laugfs Gas 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, Laugfs Gas'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)
=9.772/129.4194*129.4194
=9.772

Current CPI (Dec. 2023) = 129.4194.

Laugfs Gas Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.608 99.695 24.156
201406 17.482 100.560 22.499
201409 18.804 100.428 24.232
201412 19.459 99.070 25.420
201503 20.365 99.621 26.457
201506 19.247 100.684 24.740
201509 20.800 100.392 26.814
201512 21.531 99.792 27.923
201603 21.731 100.470 27.992
201606 20.660 101.688 26.294
201609 21.577 101.861 27.415
201612 21.201 101.863 26.936
201703 20.820 102.862 26.195
201706 18.700 103.349 23.417
201709 18.620 104.136 23.141
201712 17.642 104.011 21.952
201803 4.077 105.290 5.011
201806 2.239 106.317 2.726
201809 2.266 106.507 2.753
201812 2.247 105.998 2.744
201903 1.892 107.251 2.283
201906 1.126 108.070 1.348
201909 1.643 108.329 1.963
201912 0.100 108.420 0.119
202003 0.870 108.902 1.034
202006 0.665 108.767 0.791
202009 0.809 109.815 0.953
202012 1.699 109.897 2.001
202103 0.173 111.754 0.200
202106 -1.828 114.631 -2.064
202109 -4.670 115.734 -5.222
202112 -7.145 117.630 -7.861
202203 14.510 121.301 15.481
202206 12.941 125.017 13.397
202209 7.739 125.227 7.998
202212 10.073 125.222 10.411
202303 9.986 127.348 10.148
202306 8.662 128.729 8.708
202309 10.850 129.860 10.813
202312 9.772 129.419 9.772

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


Laugfs Gas  (COL:LGL.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.

Laugfs Gas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.90/12.53
=3.02

* 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 Laugfs Gas was 3.05. The lowest was 1.20. And the median was 1.95.


Be Aware

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


Laugfs Gas Cyclically Adjusted Book per Share Related Terms

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


Laugfs Gas (COL:LGL.N0000) Business Description

Traded in Other Exchanges
Address
No. 101, Maya Avenue, Colombo, LKA, 06
Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, and Transportation & Logistics segment. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. Transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

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