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ACI (DHA:ACI) Cyclically Adjusted Book per Share : BDT120.24 (As of Dec. 2024)


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What is ACI 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.

ACI's adjusted book value per share for the three months ended in Dec. 2024 was BDT68.326. 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 BDT120.24 for the trailing ten years ended in Dec. 2024.

During the past 12 months, ACI's average Cyclically Adjusted Book Growth Rate was 1.80% 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 (2025-05-23), ACI's current stock price is BDT162.00. ACI's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was BDT120.24. ACI's Cyclically Adjusted PB Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ACI was 2.16. The lowest was 0.82. And the median was 1.90.


ACI Cyclically Adjusted Book per Share Historical Data

The historical data trend for ACI'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.

ACI Cyclically Adjusted Book per Share Chart

ACI Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 110.17 117.28 120.60

ACI 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 118.06 119.36 120.60 119.85 120.24

Competitive Comparison of ACI's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, ACI'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.


ACI's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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


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ACI 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, ACI'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)
=68.326/133.1571*133.1571
=68.326

Current CPI (Dec. 2024) = 133.1571.

ACI Quarterly Data

Book Value per Share CPI Adj_Book
201409 44.081 100.428 58.447
201412 47.551 99.070 63.912
201503 48.413 99.621 64.711
201506 71.790 100.684 94.944
201509 80.576 100.392 106.874
201603 123.651 100.470 163.879
201609 124.612 101.861 162.898
201612 114.658 101.863 149.883
201703 117.447 102.862 152.037
201706 120.653 103.349 155.452
201709 123.364 104.136 157.744
201712 125.078 104.011 160.127
201803 124.764 105.290 157.786
201806 124.190 106.317 155.542
201809 128.049 106.507 160.090
201812 121.102 105.998 152.131
201903 117.306 107.251 145.642
201906 109.300 108.070 134.673
201909 106.370 108.329 130.749
201912 94.769 108.420 116.391
202003 90.912 108.902 111.161
202006 90.130 108.767 110.341
202009 91.550 109.815 111.010
202012 90.040 109.897 109.097
202103 90.306 111.754 107.601
202106 117.130 114.631 136.060
202109 119.666 115.734 137.681
202112 116.475 117.630 131.850
202203 116.451 121.301 127.833
202206 117.586 125.017 125.242
202209 113.958 125.227 121.175
202212 111.561 125.222 118.631
202303 112.756 127.348 117.900
202306 98.845 128.729 102.245
202309 96.605 129.860 99.058
202312 86.061 129.419 88.546
202403 87.266 131.776 88.180
202406 79.486 132.554 79.848
202409 73.714 133.029 73.785
202412 68.326 133.157 68.326

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


ACI  (DHA:ACI) 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.

ACI's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=162.00/120.24
=1.35

* 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 ACI was 2.16. The lowest was 0.82. And the median was 1.90.


Be Aware

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


ACI Cyclically Adjusted Book per Share Related Terms

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


ACI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ACI Ltd (DHA:ACI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208
ACI Ltd is a Bangladesh-based company engaged in the manufacturing of pharmaceuticals, consumer brands, animal health products, and also markets along with agrochemicals, seeds, and other consumer brand items. The operating segments of the company are Pharmaceuticals, Crop Care and Public Health, Animal Health, Consumer Brands, Motors, Pure Flour, Retail Chain, Salt, Foods, HealthCare, Premio Plastics, and Premiaflex Plastics. The group generates the majority of its revenue from the Motors segment, followed by the Retail chain segment. The motor segment is engaged in the buying, manufacturing, and selling of Yamaha motorcycles and agricultural equipment. The retail chain segment is engaged in facilitating modern self-service shopping options to customers.