GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Bestway Cement Co Ltd (KAR:BWCL) » Definitions » Cyclically Adjusted Book per Share

Bestway Cement Co (KAR:BWCL) Cyclically Adjusted Book per Share : ₨109.86 (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Bestway Cement Co 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.

Bestway Cement Co's adjusted book value per share for the three months ended in Mar. 2025 was ₨114.296. 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 ₨109.86 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Bestway Cement Co's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 Bestway Cement Co was 10.70% per year. The lowest was 10.70% per year. And the median was 10.70% per year.

As of today (2025-05-29), Bestway Cement Co's current stock price is ₨401.37. Bestway Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨109.86. Bestway Cement Co's Cyclically Adjusted PB Ratio of today is 3.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bestway Cement Co was 3.83. The lowest was 1.28. And the median was 1.80.


Bestway Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bestway Cement Co'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.

Bestway Cement Co Cyclically Adjusted Book per Share Chart

Bestway Cement Co Annual Data
Trend Jun15 Jun16 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 - 77.31 92.10 98.62 104.86

Bestway Cement Co 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 103.23 104.86 106.30 107.44 109.86

Competitive Comparison of Bestway Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Bestway Cement Co'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.


Bestway Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bestway Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Bestway Cement Co 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, Bestway Cement Co'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)
=114.296/134.9266*134.9266
=114.296

Current CPI (Mar. 2025) = 134.9266.

Bestway Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 58.480 100.684 78.369
201509 63.561 100.392 85.426
201512 64.165 99.792 86.756
201603 67.776 100.470 91.020
201606 72.462 101.688 96.147
201609 77.801 101.861 103.056
201612 76.082 101.863 100.778
201703 78.941 102.862 103.549
201706 80.116 103.349 104.595
201709 81.983 104.136 106.224
201712 84.071 104.011 109.060
201803 85.246 105.290 109.241
201806 89.408 106.317 113.468
201809 90.204 106.507 114.274
201812 95.919 105.998 122.097
201903 97.828 107.251 123.073
201906 96.613 108.070 120.623
201909 94.179 108.329 117.302
201912 91.728 108.420 114.154
202003 90.599 108.902 112.250
202006 91.661 108.767 113.706
202009 94.545 109.815 116.165
202012 96.419 109.897 118.379
202103 99.634 111.754 120.293
202106 100.834 114.631 118.686
202109 106.180 115.734 123.788
202112 104.048 117.630 119.348
202203 106.083 121.301 117.999
202206 101.900 125.017 109.977
202209 107.630 125.227 115.967
202212 107.113 125.222 115.414
202303 108.132 127.348 114.567
202306 103.724 128.729 108.718
202309 102.993 129.860 107.012
202312 105.976 129.419 110.486
202403 103.613 131.776 106.090
202406 105.760 132.554 107.653
202409 108.870 133.029 110.423
202412 112.352 133.157 113.845
202503 114.296 134.927 114.296

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


Bestway Cement Co  (KAR:BWCL) 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.

Bestway Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=401.37/109.86
=3.65

* 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 Bestway Cement Co was 3.83. The lowest was 1.28. And the median was 1.80.


Be Aware

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


Bestway Cement Co Cyclically Adjusted Book per Share Related Terms

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


Bestway Cement Co Business Description

Traded in Other Exchanges
N/A
Address
19-A, College Road, Bestway Building, F-7 Markaz, Islamabad, PB, PAK, 44000
Bestway Cement Co Ltd is engaged in the production and sale of cement in the local and export market. Its products include Bestway, Pakcem, Stallion, Ecocem, Low Alkali Cement, and others. The company operates in Pakistan and also export to other countries. Geographically, the majority of the revenue is generated from Pakistan.

Bestway Cement Co Headlines

No Headlines