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Al-Ghazi Tractors (KAR:AGTL) Cyclically Adjusted Book per Share : ₨80.17 (As of Mar. 2025)


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What is Al-Ghazi Tractors 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.

Al-Ghazi Tractors's adjusted book value per share for the three months ended in Mar. 2025 was ₨159.575. 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 ₨80.17 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Al-Ghazi Tractors's average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Al-Ghazi Tractors was -3.30% per year. The lowest was -3.30% per year. And the median was -3.30% per year.

As of today (2025-05-29), Al-Ghazi Tractors's current stock price is ₨423.23. Al-Ghazi Tractors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨80.17. Al-Ghazi Tractors's Cyclically Adjusted PB Ratio of today is 5.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Ghazi Tractors was 8.61. The lowest was 2.84. And the median was 4.17.


Al-Ghazi Tractors Cyclically Adjusted Book per Share Historical Data

The historical data trend for Al-Ghazi Tractors'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.

Al-Ghazi Tractors Cyclically Adjusted Book per Share Chart

Al-Ghazi Tractors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 89.03 86.30 83.47 80.47

Al-Ghazi Tractors 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 83.40 82.48 81.38 80.47 80.17

Competitive Comparison of Al-Ghazi Tractors's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Al-Ghazi Tractors'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.


Al-Ghazi Tractors's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Al-Ghazi Tractors's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Ghazi Tractors's Cyclically Adjusted PB Ratio falls into.


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Al-Ghazi Tractors 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, Al-Ghazi Tractors'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)
=159.575/134.9266*134.9266
=159.575

Current CPI (Mar. 2025) = 134.9266.

Al-Ghazi Tractors Quarterly Data

Book Value per Share CPI Adj_Book
201506 151.742 100.684 203.350
201509 125.702 100.392 168.944
201512 99.865 99.792 135.025
201603 107.912 100.470 144.920
201606 66.858 101.688 88.712
201609 71.667 101.861 94.931
201612 57.958 101.863 76.771
201703 73.822 102.862 96.834
201706 60.461 103.349 78.934
201709 47.428 104.136 61.452
201712 36.675 104.011 47.576
201803 56.275 105.290 72.115
201806 43.667 106.317 55.418
201809 18.070 106.507 22.892
201812 23.625 105.998 30.073
201903 33.383 107.251 41.998
201906 31.220 108.070 38.979
201909 21.862 108.329 27.230
201912 15.591 108.420 19.403
202003 18.455 108.902 22.865
202006 23.105 108.767 28.662
202009 30.928 109.815 38.000
202012 39.475 109.897 48.466
202103 51.427 111.754 62.090
202106 41.894 114.631 49.311
202109 56.294 115.734 65.629
202112 68.547 117.630 78.627
202203 88.540 121.301 98.486
202206 50.826 125.017 54.855
202209 55.188 125.227 59.463
202212 54.035 125.222 58.223
202303 57.998 127.348 61.450
202306 67.877 128.729 71.145
202309 84.797 129.860 88.106
202312 99.721 129.419 103.964
202403 114.442 131.776 117.178
202406 129.623 132.554 131.943
202409 140.612 133.029 142.618
202412 158.666 133.157 160.774
202503 159.575 134.927 159.575

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


Al-Ghazi Tractors  (KAR:AGTL) 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.

Al-Ghazi Tractors's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=423.23/80.17
=5.28

* 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 Al-Ghazi Tractors was 8.61. The lowest was 2.84. And the median was 4.17.


Be Aware

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


Al-Ghazi Tractors Cyclically Adjusted Book per Share Related Terms

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


Al-Ghazi Tractors Business Description

Traded in Other Exchanges
N/A
Address
16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK
Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its operating segment includes the manufacture and sale of agricultural tractors, implements, and spare parts, providing irrigation solutions for agriculture, which generates the majority of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs, and all other equipment that aid agriculture, and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

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