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Richard Pierismpany (COL:RICH.N0000) Cyclically Adjusted Book per Share : රු8.68 (As of Dec. 2023)


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What is Richard Pierismpany 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.

Richard Pierismpany's adjusted book value per share for the three months ended in Dec. 2023 was රු12.348. 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 රු8.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Richard Pierismpany's average Cyclically Adjusted Book Growth Rate was 11.00% 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 (2024-04-30), Richard Pierismpany's current stock price is රු21.00. Richard Pierismpany's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු8.68. Richard Pierismpany's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Richard Pierismpany was 4.40. The lowest was 1.60. And the median was 2.59.


Richard Pierismpany Cyclically Adjusted Book per Share Historical Data

The historical data trend for Richard Pierismpany'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.

Richard Pierismpany Cyclically Adjusted Book per Share Chart

Richard Pierismpany 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 - - - 7.36 8.13

Richard Pierismpany 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 7.82 8.13 8.30 8.55 8.68

Competitive Comparison of Richard Pierismpany's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Richard Pierismpany'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.


Richard Pierismpany's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Richard Pierismpany's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Richard Pierismpany 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, Richard Pierismpany'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)
=12.348/129.4194*129.4194
=12.348

Current CPI (Dec. 2023) = 129.4194.

Richard Pierismpany Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.339 99.695 5.633
201406 4.492 100.560 5.781
201409 4.735 100.428 6.102
201412 4.710 99.070 6.153
201503 4.871 99.621 6.328
201506 5.157 100.684 6.629
201509 5.406 100.392 6.969
201512 5.535 99.792 7.178
201603 5.343 100.470 6.883
201606 5.632 101.688 7.168
201609 6.052 101.861 7.689
201612 6.468 101.863 8.218
201703 6.354 102.862 7.994
201706 6.146 103.349 7.696
201709 6.547 104.136 8.137
201712 6.918 104.011 8.608
201803 6.525 105.290 8.020
201806 6.770 106.317 8.241
201809 6.924 106.507 8.414
201812 6.726 105.998 8.212
201903 6.528 107.251 7.877
201906 6.761 108.070 8.097
201909 7.007 108.329 8.371
201912 7.385 108.420 8.815
202003 7.115 108.902 8.456
202006 7.597 108.767 9.039
202009 7.552 109.815 8.900
202012 8.347 109.897 9.830
202103 8.546 111.754 9.897
202106 9.096 114.631 10.269
202109 9.781 115.734 10.938
202112 10.287 117.630 11.318
202203 11.222 121.301 11.973
202206 2.261 125.017 2.341
202209 12.862 125.227 13.293
202212 12.916 125.222 13.349
202303 12.057 127.348 12.253
202306 11.677 128.729 11.740
202309 12.137 129.860 12.096
202312 12.348 129.419 12.348

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


Richard Pierismpany  (COL:RICH.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.

Richard Pierismpany's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.00/8.68
=2.42

* 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 Richard Pierismpany was 4.40. The lowest was 1.60. And the median was 2.59.


Be Aware

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


Richard Pierismpany Cyclically Adjusted Book per Share Related Terms

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


Richard Pierismpany (COL:RICH.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 310, High Level Road, Nawinna, Maharagama, LKA
Richard Pieris & Company PLC is a conglomerate that operates in various sectors including Rubber, Tyre, Plastic and furniture, Retail, Financial Services, Other Services, and Plantations. The company derives the majority of the revenue from a Retail segment that is involved in the sale of fast moving consumer goods, household goods, furniture and electronic goods and provides value-added services, such as bank service points, ATMs, credit card and mobile bill payment facilities. It operates a chain of Arpico Supercentres/Superstores, showrooms, and Arpico Daily Outlets. Geographically, it derives a majority of revenue from Sri Lanka.

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