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Ambuja Cements (LUX:AMCEM) Cyclically Adjusted Book per Share : $1.63 (As of Mar. 2024)


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What is Ambuja Cements 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.

Ambuja Cements's adjusted book value per share for the three months ended in Mar. 2024 was $2.272. 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 $1.63 for the trailing ten years ended in Mar. 2024.

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 (2024-05-19), Ambuja Cements's current stock price is $7.45. Ambuja Cements's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.63. Ambuja Cements's Cyclically Adjusted PB Ratio of today is 4.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ambuja Cements was 4.63. The lowest was 3.24. And the median was 3.91.


Ambuja Cements Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ambuja Cements'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.

Ambuja Cements Cyclically Adjusted Book per Share Chart

Ambuja Cements Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.63

Ambuja Cements Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 - - 1.53 - 1.63

Competitive Comparison of Ambuja Cements's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Ambuja Cements'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.


Ambuja Cements's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



Ambuja Cements 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, Ambuja Cements'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)
=2.272/153.0345*153.0345
=2.272

Current CPI (Mar. 2024) = 153.0345.

Ambuja Cements Quarterly Data

Book Value per Share CPI Adj_Book
200812 0.768 56.232 2.090
200912 0.912 64.648 2.159
201012 1.065 70.768 2.303
201112 1.003 75.359 2.037
201212 1.044 83.774 1.907
201312 0.990 91.425 1.657
201412 1.036 96.780 1.638
201509 0.000 101.753 0.000
201512 1.881 102.901 2.797
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 1.472 105.196 2.141
201703 0.000 105.196 0.000
201706 1.596 107.109 2.280
201709 0.000 109.021 0.000
201712 1.620 109.404 2.266
201803 0.000 109.786 0.000
201806 1.569 111.317 2.157
201809 0.000 115.142 0.000
201812 1.591 115.142 2.115
201903 0.000 118.202 0.000
201906 1.677 120.880 2.123
201909 0.000 123.175 0.000
201912 1.704 126.235 2.066
202003 0.000 124.705 0.000
202006 1.648 127.000 1.986
202009 0.000 130.118 0.000
202012 1.557 130.889 1.820
202103 0.000 131.771 0.000
202106 1.670 134.084 1.906
202109 0.000 135.847 0.000
202112 1.694 138.161 1.876
202203 0.000 138.822 0.000
202206 1.646 142.347 1.770
202209 0.000 144.661 0.000
202306 0.000 150.280 0.000
202309 1.995 151.492 2.015
202312 0.000 152.924 0.000
202403 2.272 153.035 2.272

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


Ambuja Cements  (LUX:AMCEM) 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.

Ambuja Cements's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.45/1.63
=4.57

* 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 Ambuja Cements was 4.63. The lowest was 3.24. And the median was 3.91.


Be Aware

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


Ambuja Cements Cyclically Adjusted Book per Share Related Terms

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


Ambuja Cements (LUX:AMCEM) Business Description

Traded in Other Exchanges
Address
MIDC Cross Road ‘B’, Off Andheri-Kurla Road, Elegant Business Park, Andheri (East), Mumbai, MH, IND, 400059
Ambuja Cements Ltd manufactures and sells cement, concrete, and cement-related products to the building and construction industries. The company's portfolio of products includes Portland Pozolona cement and ordinary Portland cement. The vast majority of the firm's revenue is generated in India. Ambuja Cements has operations throughout India and uses a network of ports, bulk cement terminals, captive ships, and railroads to transport its products to both warehouses and directly to customers. The company also has a technical services team that partners with customers to teach concrete mixing and curing techniques.

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