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Lanka Tiles (COL:TILE.N0000) Cyclically Adjusted Book per Share : රු40.09 (As of Dec. 2024)


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What is Lanka Tiles 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.

Lanka Tiles's adjusted book value per share for the three months ended in Dec. 2024 was රු59.072. 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 රු40.09 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Lanka Tiles's average Cyclically Adjusted Book Growth Rate was 14.00% 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 (2025-06-03), Lanka Tiles's current stock price is රු50.20. Lanka Tiles's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was රු40.09. Lanka Tiles's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lanka Tiles was 4.75. The lowest was 1.20. And the median was 1.42.


Lanka Tiles Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lanka Tiles'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.

Lanka Tiles Cyclically Adjusted Book per Share Chart

Lanka Tiles Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 27.87 32.78 36.77

Lanka Tiles Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 35.16 36.77 37.95 39.06 40.09

Competitive Comparison of Lanka Tiles's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Lanka Tiles'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.


Lanka Tiles's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lanka Tiles's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=59.072/133.1571*133.1571
=59.072

Current CPI (Dec. 2024) = 133.1571.

Lanka Tiles Quarterly Data

Book Value per Share CPI Adj_Book
201503 15.480 99.621 20.691
201506 16.219 100.684 21.450
201509 16.457 100.392 21.828
201512 18.224 99.792 24.317
201603 21.795 100.470 28.886
201606 22.441 101.688 29.386
201609 23.579 101.861 30.823
201612 24.603 101.863 32.162
201703 25.046 102.862 32.423
201706 25.603 103.349 32.987
201709 26.060 104.136 33.323
201712 27.375 104.011 35.046
201803 26.088 105.290 32.993
201806 26.405 106.317 33.071
201809 26.796 106.507 33.501
201812 27.428 105.998 34.456
201903 27.489 107.251 34.129
201906 27.614 108.070 34.024
201909 28.205 108.329 34.669
201912 29.222 108.420 35.889
202003 29.680 108.902 36.291
202006 29.337 108.767 35.915
202009 30.973 109.815 37.557
202012 33.360 109.897 40.421
202103 37.425 111.754 44.592
202106 37.552 114.631 43.621
202109 41.229 115.734 47.436
202112 42.913 117.630 48.578
202203 46.067 121.301 50.570
202206 46.259 125.017 49.271
202209 50.917 125.227 54.142
202212 52.165 125.222 55.471
202303 48.717 127.348 50.939
202306 49.073 128.729 50.761
202309 52.129 129.860 53.453
202312 56.212 129.419 57.835
202403 56.306 131.776 56.896
202406 56.409 132.554 56.666
202409 57.869 133.029 57.925
202412 59.072 133.157 59.072

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


Lanka Tiles  (COL:TILE.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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.20/40.09
=1.25

* 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 Lanka Tiles was 4.75. The lowest was 1.20. And the median was 1.42.


Be Aware

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


Lanka Tiles Cyclically Adjusted Book per Share Related Terms

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


Lanka Tiles Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 215, Nawala Road, Narahenpita, Colombo, LKA, 05
Lanka Tiles PLC is a manufacturer and seller of glazed ceramic floor tiles in Sri Lanka. The principal activities of the group are the Manufacturing and distribution of glazed ceramic and porcelain floor tiles through a network of dealers and distributors.

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