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Honda Atlas Cars Pakistan (KAR:HCAR) Cyclically Adjusted Book per Share : ₨118.82 (As of Mar. 2024)


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What is Honda Atlas Cars Pakistan 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.

Honda Atlas Cars Pakistan's adjusted book value per share for the three months ended in Mar. 2024 was ₨151.646. 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 ₨118.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Honda Atlas Cars Pakistan's average Cyclically Adjusted Book Growth Rate was 13.40% 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 (2024-06-20), Honda Atlas Cars Pakistan's current stock price is ₨297.13. Honda Atlas Cars Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨118.82. Honda Atlas Cars Pakistan's Cyclically Adjusted PB Ratio of today is 2.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Honda Atlas Cars Pakistan was 3.26. The lowest was 0.79. And the median was 1.86.


Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share Historical Data

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share Chart

Honda Atlas Cars Pakistan Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 91.52 104.79 118.82

Honda Atlas Cars Pakistan 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 104.79 106.68 110.76 113.51 118.82

Competitive Comparison of Honda Atlas Cars Pakistan's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Honda Atlas Cars Pakistan's Cyclically Adjusted PB Ratio falls into.



Honda Atlas Cars Pakistan 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, Honda Atlas Cars Pakistan'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)
=151.646/131.7762*131.7762
=151.646

Current CPI (Mar. 2024) = 131.7762.

Honda Atlas Cars Pakistan Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.157 100.560 23.793
201409 22.263 100.428 29.212
201412 24.774 99.070 32.953
201503 35.853 99.621 47.425
201506 38.452 100.684 50.326
201509 43.536 100.392 57.146
201512 47.822 99.792 63.149
201603 55.609 100.470 72.936
201606 62.967 101.688 81.598
201609 66.282 101.861 85.748
201612 76.731 101.863 99.264
201703 91.491 102.862 117.209
201706 93.100 103.349 118.708
201709 100.249 104.136 126.858
201712 110.170 104.011 139.579
201803 119.562 105.290 149.639
201806 104.169 106.317 129.114
201809 111.384 106.507 137.811
201812 115.596 105.998 143.709
201903 123.436 107.251 151.663
201906 112.979 108.070 137.763
201909 116.548 108.329 141.774
201912 116.259 108.420 141.304
202003 115.947 108.902 140.302
202006 112.369 108.767 136.140
202009 115.969 109.815 139.161
202012 121.233 109.897 145.369
202103 127.424 111.754 150.253
202106 129.404 114.631 148.758
202109 135.981 115.734 154.829
202112 139.104 117.630 155.833
202203 139.781 121.301 151.852
202206 137.390 125.017 144.818
202209 134.692 125.227 141.737
202212 140.370 125.222 147.717
202303 134.904 127.348 139.595
202306 135.919 128.729 139.137
202309 140.649 129.860 142.725
202312 141.652 129.419 144.232
202403 151.646 131.776 151.646

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


Honda Atlas Cars Pakistan  (KAR:HCAR) 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.

Honda Atlas Cars Pakistan's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=297.13/118.82
=2.50

* 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 Honda Atlas Cars Pakistan was 3.26. The lowest was 0.79. And the median was 1.86.


Be Aware

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


Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share Related Terms

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


Honda Atlas Cars Pakistan (KAR:HCAR) Business Description

Traded in Other Exchanges
N/A
Address
1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its Segments include the Manufacturing and Trading segment. Manufacturing segment relates to the sale of locally manufactured cars and parts and Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with advance technology features. Honda derives the majority of revenue through the Manufacturing segment.