GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mozaffar Hossain Spinning Mills Ltd (DHA:MHSML) » Definitions » Cyclically Adjusted Book per Share

Mozaffar Hossain Spinning Mills (DHA:MHSML) Cyclically Adjusted Book per Share : BDT19.41 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Mozaffar Hossain Spinning Mills 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.

Mozaffar Hossain Spinning Mills's adjusted book value per share for the three months ended in Mar. 2024 was BDT19.841. 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 BDT19.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mozaffar Hossain Spinning Mills's average Cyclically Adjusted Book Growth Rate was 4.00% 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 (2024-06-13), Mozaffar Hossain Spinning Mills's current stock price is BDT15.30. Mozaffar Hossain Spinning Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT19.41. Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Mozaffar Hossain Spinning Mills was 1.45. The lowest was 0.82. And the median was 1.40.


Mozaffar Hossain Spinning Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mozaffar Hossain Spinning Mills'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.

Mozaffar Hossain Spinning Mills Cyclically Adjusted Book per Share Chart

Mozaffar Hossain Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 18.93

Mozaffar Hossain Spinning Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.66 18.93 19.10 19.05 19.41

Competitive Comparison of Mozaffar Hossain Spinning Mills's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Mozaffar Hossain Spinning Mills'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.


Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio falls into.



Mozaffar Hossain Spinning Mills 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, Mozaffar Hossain Spinning Mills's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.841/131.7762*131.7762
=19.841

Current CPI (Mar. 2024) = 131.7762.

Mozaffar Hossain Spinning Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.209 100.560 21.241
201409 16.987 100.428 22.289
201412 12.362 99.070 16.443
201503 12.892 99.621 17.053
201506 12.986 100.684 16.996
201509 13.734 100.392 18.028
201512 14.288 99.792 18.867
201603 14.729 100.470 19.318
201606 14.515 101.688 18.810
201609 14.875 101.861 19.244
201612 15.601 101.863 20.182
201703 16.066 102.862 20.582
201706 15.741 103.349 20.071
201709 16.014 104.136 20.265
201712 16.234 104.011 20.568
201803 16.352 105.290 20.466
201806 16.221 106.317 20.105
201809 16.108 106.507 19.930
201812 15.953 105.998 19.833
201903 15.767 107.251 19.373
201906 15.199 108.070 18.533
201909 15.016 108.329 18.266
201912 14.691 108.420 17.856
202003 14.426 108.902 17.456
202006 14.012 108.767 16.976
202009 13.597 109.815 16.316
202012 13.627 109.897 16.340
202103 14.076 111.754 16.598
202106 18.163 114.631 20.880
202109 18.405 115.734 20.956
202112 19.132 117.630 21.433
202203 19.691 121.301 21.391
202206 19.902 125.017 20.978
202209 20.233 125.227 21.291
202212 20.132 125.222 21.186
202303 20.248 127.348 20.952
202306 19.292 128.729 19.749
202309 19.440 129.860 19.727
202312 19.617 129.419 19.974
202403 19.841 131.776 19.841

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


Mozaffar Hossain Spinning Mills  (DHA:MHSML) 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.

Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.30/19.41
=0.79

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Mozaffar Hossain Spinning Mills was 1.45. The lowest was 0.82. And the median was 1.40.


Be Aware

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


Mozaffar Hossain Spinning Mills Cyclically Adjusted Book per Share Related Terms

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


Mozaffar Hossain Spinning Mills (DHA:MHSML) Business Description

Traded in Other Exchanges
N/A
Address
House No. 315, Road No. 04, DOHS, Baridhara, Dhaka, BGD, 1206
Mozaffar Hossain Spinning Mills Ltd is a manufacturer and seller of woven fabrics and cotton yarn. The products of the company are sold at domestic market as deemed exporter delivered to the export oriented companies.

Mozaffar Hossain Spinning Mills (DHA:MHSML) Headlines

No Headlines