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Crescent Steel & Allied Products (KAR:CSAP) Cyclically Adjusted Book per Share : ₨117.23 (As of Mar. 2025)


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What is Crescent Steel & Allied Products 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.

Crescent Steel & Allied Products's adjusted book value per share for the three months ended in Mar. 2025 was ₨110.777. 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 ₨117.23 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Crescent Steel & Allied Products's average Cyclically Adjusted Book Growth Rate was 3.40% 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 (2025-05-31), Crescent Steel & Allied Products's current stock price is ₨118.07. Crescent Steel & Allied Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨117.23. Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Crescent Steel & Allied Products was 1.14. The lowest was 0.19. And the median was 0.41.


Crescent Steel & Allied Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Crescent Steel & Allied Products'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.

Crescent Steel & Allied Products Cyclically Adjusted Book per Share Chart

Crescent Steel & Allied Products 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 - - - 111.34 114.33

Crescent Steel & Allied Products 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 113.37 114.33 115.18 115.48 117.23

Competitive Comparison of Crescent Steel & Allied Products's Cyclically Adjusted Book per Share

For the Steel subindustry, Crescent Steel & Allied Products'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.


Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio falls into.


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Crescent Steel & Allied Products 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, Crescent Steel & Allied Products'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)
=110.777/134.9266*134.9266
=110.777

Current CPI (Mar. 2025) = 134.9266.

Crescent Steel & Allied Products Quarterly Data

Book Value per Share CPI Adj_Book
201506 77.992 100.684 104.517
201509 80.634 100.392 108.372
201512 86.481 99.792 116.929
201603 90.207 100.470 121.143
201606 94.281 101.688 125.098
201609 94.889 101.861 125.691
201612 101.944 101.863 135.034
201703 104.732 102.862 137.379
201706 110.797 103.349 144.650
201709 112.104 104.136 145.251
201712 108.686 104.011 140.991
201803 108.340 105.290 138.836
201806 98.074 106.317 124.466
201809 97.342 106.507 123.316
201812 98.544 105.998 125.438
201903 94.797 107.251 119.259
201906 89.603 108.070 111.871
201909 88.032 108.329 109.646
201912 92.850 108.420 115.550
202003 89.858 108.902 111.332
202006 90.275 108.767 111.987
202009 95.039 109.815 116.772
202012 100.177 109.897 122.993
202103 99.546 111.754 120.187
202106 102.643 114.631 120.816
202109 100.416 115.734 117.068
202112 100.332 117.630 115.086
202203 100.690 121.301 112.000
202206 90.485 125.017 97.658
202209 89.144 125.227 96.049
202212 89.888 125.222 96.854
202303 93.218 127.348 98.766
202306 95.658 128.729 100.264
202309 99.197 129.860 103.068
202312 106.840 129.419 111.386
202403 108.169 131.776 110.755
202406 111.952 132.554 113.956
202409 116.110 133.029 117.766
202412 108.881 133.157 110.328
202503 110.777 134.927 110.777

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


Crescent Steel & Allied Products  (KAR:CSAP) 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.

Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=118.07/117.23
=1.01

* 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 Crescent Steel & Allied Products was 1.14. The lowest was 0.19. And the median was 0.41.


Be Aware

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


Crescent Steel & Allied Products Cyclically Adjusted Book per Share Related Terms

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


Crescent Steel & Allied Products Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Sidco Avenue Centre, 264 R.A. Lines, Karachi, SD, PAK, 74200
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; Energy and Hadeed (Billet) Segment. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue. Geographically, it derives a majority of revenue from Pakistan.

Crescent Steel & Allied Products Headlines

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