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Aftab Automobiles (DHA:AFTABAUTO) Cyclically Adjusted Book per Share : BDT62.92 (As of Mar. 2025)


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What is Aftab Automobiles 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.

Aftab Automobiles's adjusted book value per share for the three months ended in Mar. 2025 was BDT47.924. 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 BDT62.92 for the trailing ten years ended in Mar. 2025.

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), Aftab Automobiles's current stock price is BDT28.50. Aftab Automobiles's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was BDT62.92. Aftab Automobiles's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aftab Automobiles was 1.00. The lowest was 0.39. And the median was 0.44.


Aftab Automobiles Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Cyclically Adjusted Book per Share Chart

Aftab Automobiles Annual Data
Trend Aug14 Aug15 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 - - 60.68 62.37 63.01

Aftab Automobiles Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 62.95 63.01 62.86 62.51 62.92

Competitive Comparison of Aftab Automobiles's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Aftab Automobiles'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.


Aftab Automobiles's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Aftab Automobiles 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, Aftab Automobiles's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=47.924/134.9266*134.9266
=47.924

Current CPI (Mar. 2025) = 134.9266.

Aftab Automobiles Quarterly Data

Book Value per Share CPI Adj_Book
201505 48.009 100.333 64.562
201508 49.250 100.548 66.089
201511 49.963 100.135 67.323
201602 49.618 100.040 66.921
201605 50.229 101.355 66.866
201609 51.626 101.861 68.385
201612 51.200 101.863 67.819
201703 52.241 102.862 68.526
201706 53.754 103.349 70.178
201709 54.703 104.136 70.878
201712 54.438 104.011 70.619
201803 54.930 105.290 70.392
201806 55.233 106.317 70.096
201809 55.720 106.507 70.588
201812 55.056 105.998 70.082
201903 55.427 107.251 69.730
201906 55.282 108.070 69.021
201909 55.557 108.329 69.197
201912 55.158 108.420 68.643
202003 55.161 108.902 68.343
202006 54.600 108.767 67.732
202009 54.421 109.815 66.866
202012 53.801 109.897 66.055
202103 53.876 111.754 65.047
202106 52.512 114.631 61.809
202109 52.105 115.734 60.746
202112 54.521 117.630 62.538
202203 54.121 121.301 60.200
202206 52.269 125.017 56.412
202209 52.295 125.227 56.346
202212 51.957 125.222 55.984
202303 52.013 127.348 55.108
202306 51.756 128.729 54.248
202309 51.105 129.860 53.099
202312 50.820 129.419 52.983
202403 49.654 131.776 50.841
202406 49.644 132.554 50.533
202409 48.492 133.029 49.184
202412 48.249 133.157 48.890
202503 47.924 134.927 47.924

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


Aftab Automobiles  (DHA:AFTABAUTO) 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.

Aftab Automobiles's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.50/62.92
=0.45

* 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 Aftab Automobiles was 1.00. The lowest was 0.39. And the median was 0.44.


Be Aware

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


Aftab Automobiles Cyclically Adjusted Book per Share Related Terms

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


Aftab Automobiles Business Description

Traded in Other Exchanges
N/A
Address
205-207, Tejgaon I/A, Dhaka, BGD, 1208
Aftab Automobiles Ltd is an assembler-cum-manufacturer of Toyota and Hino vehicles. The company is mainly a vehicle assembler and bus-body fabricator. The principal activities of the company were assembling Toyota Land Cruiser soft top/pick up, Land Cruiser Prado, Hino Bus, and Hino Mini Bus/Truck with a yearly production capacity of two thousand four hundred units of vehicles in three shifts. The company produces and markets batteries through its subsidiary. The company operates in three reportable segments assembling unit, motorcycle unit, and body unit. the company operates its's business in Bangladesh.

Aftab Automobiles Headlines

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