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Sri Lanka Telecom (COL:SLTL.N0000) Cyclically Adjusted Book per Share : රු51.76 (As of Jun. 2024)


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What is Sri Lanka Telecom 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.

Sri Lanka Telecom's adjusted book value per share for the three months ended in Jun. 2024 was රු48.909. 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 රු51.76 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Sri Lanka Telecom's average Cyclically Adjusted Book Growth Rate was 4.10% 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 (2024-09-21), Sri Lanka Telecom's current stock price is රු57.60. Sri Lanka Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was රු51.76. Sri Lanka Telecom's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sri Lanka Telecom was 2.31. The lowest was 0.62. And the median was 1.38.


Sri Lanka Telecom Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sri Lanka Telecom'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.

Sri Lanka Telecom Cyclically Adjusted Book per Share Chart

Sri Lanka Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 44.11 48.26 50.31

Sri Lanka Telecom Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 49.70 50.34 50.31 51.35 51.76

Competitive Comparison of Sri Lanka Telecom's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Sri Lanka Telecom'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.


Sri Lanka Telecom's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sri Lanka Telecom's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sri Lanka Telecom's Cyclically Adjusted PB Ratio falls into.



Sri Lanka Telecom 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, Sri Lanka Telecom's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=48.909/132.5538*132.5538
=48.909

Current CPI (Jun. 2024) = 132.5538.

Sri Lanka Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201409 35.048 100.428 46.260
201412 35.404 99.070 47.370
201503 36.292 99.621 48.289
201506 36.354 100.684 47.861
201509 36.660 100.392 48.405
201512 36.147 99.792 48.014
201603 37.102 100.470 48.950
201606 36.820 101.688 47.996
201609 37.841 101.861 49.243
201612 38.001 101.863 49.451
201703 38.831 102.862 50.040
201706 38.548 103.349 49.441
201709 38.977 104.136 49.614
201712 39.509 104.011 50.351
201803 40.216 105.290 50.630
201806 40.045 106.317 49.927
201809 40.558 106.507 50.477
201812 40.792 105.998 51.012
201903 42.099 107.251 52.031
201906 41.812 108.070 51.285
201909 42.475 108.329 51.973
201912 43.255 108.420 52.883
202003 44.422 108.902 54.070
202006 45.918 108.767 55.960
202009 46.050 109.815 55.585
202012 46.640 109.897 56.256
202103 47.801 111.754 56.698
202106 48.329 114.631 55.885
202109 50.030 115.734 57.301
202112 52.008 117.630 58.607
202203 53.525 121.301 58.490
202206 51.323 125.017 54.417
202209 53.017 125.227 56.119
202212 51.180 125.222 54.177
202303 51.829 127.348 53.948
202306 50.440 128.729 51.939
202309 49.748 129.860 50.780
202312 49.035 129.419 50.223
202403 49.309 131.776 49.600
202406 48.909 132.554 48.909

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


Sri Lanka Telecom  (COL:SLTL.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.

Sri Lanka Telecom's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.60/51.76
=1.11

* 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 Sri Lanka Telecom was 2.31. The lowest was 0.62. And the median was 1.38.


Be Aware

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


Sri Lanka Telecom Cyclically Adjusted Book per Share Related Terms

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


Sri Lanka Telecom Business Description

Traded in Other Exchanges
N/A
Address
Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01
Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

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