GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Standard Capital PLC (COL:SING.N0000) » Definitions » Cyclically Adjusted Book per Share

Standard Capital (COL:SING.N0000) Cyclically Adjusted Book per Share : රු54.84 (As of Dec. 2023)


View and export this data going back to 1983. Start your Free Trial

What is Standard Capital 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.

Standard Capital's adjusted book value per share for the three months ended in Dec. 2023 was රු34.955. 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 රු54.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Standard Capital's average Cyclically Adjusted Book Growth Rate was -1.30% 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 (2024-06-09), Standard Capital's current stock price is රු36.20. Standard Capital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු54.84. Standard Capital's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standard Capital was 0.82. The lowest was 0.00. And the median was 0.00.


Standard Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Standard Capital'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.

Standard Capital Cyclically Adjusted Book per Share Chart

Standard Capital 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 - - - - 55.42

Standard Capital 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 55.55 55.42 55.55 55.53 54.84

Competitive Comparison of Standard Capital's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Standard Capital'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.


Standard Capital's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Standard Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Standard Capital 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, Standard Capital'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)
=34.955/129.4194*129.4194
=34.955

Current CPI (Dec. 2023) = 129.4194.

Standard Capital Quarterly Data

Book Value per Share CPI Adj_Book
201403 57.770 99.695 74.995
201406 57.288 100.560 73.729
201409 63.903 100.428 82.351
201412 63.814 99.070 83.363
201503 60.200 99.621 78.207
201506 61.070 100.684 78.500
201509 60.870 100.392 78.470
201512 63.428 99.792 82.259
201603 60.974 100.470 78.543
201606 62.456 101.688 79.488
201609 60.220 101.861 76.512
201612 58.273 101.863 74.037
201703 39.886 102.862 50.184
201706 58.099 103.349 72.755
201709 52.114 104.136 64.767
201712 44.537 104.011 55.417
201803 37.528 105.290 46.129
201806 45.674 106.317 55.599
201809 46.936 106.507 57.033
201812 47.062 105.998 57.461
201903 32.640 107.251 39.387
201906 39.494 108.070 47.296
201909 39.337 108.329 46.995
201912 39.172 108.420 46.759
202003 32.943 108.902 39.150
202006 36.253 108.767 43.137
202009 36.026 109.815 42.457
202012 35.108 109.897 41.345
202103 28.047 111.754 32.480
202106 36.251 114.631 40.928
202109 35.969 115.734 40.222
202112 35.652 117.630 39.225
202203 33.437 121.301 35.675
202206 39.329 125.017 40.714
202209 39.156 125.227 40.467
202212 37.226 125.222 38.474
202303 28.990 127.348 29.462
202306 37.934 128.729 38.138
202309 36.478 129.860 36.354
202312 34.955 129.419 34.955

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


Standard Capital  (COL:SING.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.

Standard Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.20/54.84
=0.66

* 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 Standard Capital was 0.82. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Standard Capital Cyclically Adjusted Book per Share Related Terms

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


Standard Capital (COL:SING.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No.187, Ward Place, Colombo, LKA, 07
Website
Standard Capital PLC is a Sri Lankan based company engaged in investing in the Capital Market and financial instruments.

Standard Capital (COL:SING.N0000) Headlines

No Headlines