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Packages (KAR:PKGS) Cyclically Adjusted Book per Share : ₨779.55 (As of Mar. 2024)


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What is Packages 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.

Packages's adjusted book value per share for the three months ended in Mar. 2024 was ₨846.812. 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 ₨779.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Packages's average Cyclically Adjusted Book Growth Rate was 5.30% 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.

As of today (2024-06-02), Packages's current stock price is ₨475.04. Packages's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨779.55. Packages's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Packages was 0.83. The lowest was 0.43. And the median was 0.57.


Packages Cyclically Adjusted Book per Share Historical Data

The historical data trend for Packages'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.

Packages Cyclically Adjusted Book per Share Chart

Packages Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 669.53 729.78 763.07

Packages 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 740.12 748.47 760.57 763.07 779.55

Competitive Comparison of Packages's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Packages'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.


Packages's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Packages's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Packages 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, Packages'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)
=846.812/131.7762*131.7762
=846.812

Current CPI (Mar. 2024) = 131.7762.

Packages Quarterly Data

Book Value per Share CPI Adj_Book
201406 547.646 100.560 717.652
201409 515.266 100.428 676.106
201412 585.699 99.070 779.059
201503 625.632 99.621 827.570
201506 613.904 100.684 803.484
201509 640.849 100.392 841.193
201512 544.958 99.792 719.619
201603 528.096 100.470 692.647
201606 539.179 101.688 698.715
201609 523.754 101.861 677.573
201612 590.832 101.863 764.339
201703 611.481 102.862 783.365
201706 649.876 103.349 828.630
201709 799.161 104.136 1,011.281
201712 833.925 104.011 1,056.536
201803 891.300 105.290 1,115.516
201806 814.496 106.317 1,009.541
201809 727.443 106.507 900.034
201812 697.324 105.998 866.911
201903 622.020 107.251 764.262
201906 577.466 108.070 704.142
201909 527.564 108.329 641.750
201912 641.384 108.420 779.552
202003 575.694 108.902 696.618
202006 574.784 108.767 696.375
202009 583.888 109.815 700.657
202012 618.772 109.897 741.964
202103 599.527 111.754 706.938
202106 592.465 114.631 681.077
202109 623.412 115.734 709.823
202112 630.956 117.630 706.838
202203 674.944 121.301 733.230
202206 663.276 125.017 699.138
202209 679.066 125.227 714.583
202212 685.339 125.222 721.211
202303 662.304 127.348 685.335
202306 760.892 128.729 778.905
202309 804.290 129.860 816.161
202312 871.043 129.419 886.905
202403 846.812 131.776 846.812

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


Packages  (KAR:PKGS) 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.

Packages's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=475.04/779.55
=0.61

* 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 Packages was 0.83. The lowest was 0.43. And the median was 0.57.


Be Aware

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


Packages Cyclically Adjusted Book per Share Related Terms

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


Packages (KAR:PKGS) Business Description

Traded in Other Exchanges
N/A
Address
Shahrah-e-Roomi, P.O. Amer-Sidhu, Lahore, PAK, 54760
Packages Ltd is a company that manufactures and sells packaging materials and tissue products & sanitary napkins. It operates through Packaging, Consumer Products, Ink, Real Estate, Paper, Paper board, and other unallocated segments. Its Business group is spread across various geographical regions which include Pakistan, Afghanistan, Bahrain, Bangladesh, Indonesia, Kenya, Mauritius, Oman, South Africa, Sri Lanka, and the UAE of which domestic country Pakistan accounts for a larger share of the revenue.

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