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Infosys (MEX:INFY N) Cyclically Adjusted Book per Share : MXN41.22 (As of Mar. 2025)


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What is Infosys 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.

Infosys's adjusted book value per share for the three months ended in Mar. 2025 was MXN55.322. 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 MXN41.22 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Infosys's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Infosys was 34.00% per year. The lowest was 6.30% per year. And the median was 14.00% per year.

As of today (2025-07-08), Infosys's current stock price is MXN353.00. Infosys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN41.22. Infosys's Cyclically Adjusted PB Ratio of today is 8.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Infosys was 11.58. The lowest was 4.13. And the median was 6.88.


Infosys Cyclically Adjusted Book per Share Historical Data

The historical data trend for Infosys'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.

Infosys Cyclically Adjusted Book per Share Chart

Infosys Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.48 44.82 40.09 41.27 41.22

Infosys 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 41.27 40.32 34.30 34.43 41.22

Competitive Comparison of Infosys's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Infosys'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.


Infosys's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Infosys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Infosys 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, Infosys'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)
=55.322/157.5517*157.5517
=55.322

Current CPI (Mar. 2025) = 157.5517.

Infosys Quarterly Data

Book Value per Share CPI Adj_Book
201506 29.045 99.841 45.834
201509 32.319 101.753 50.042
201512 33.015 102.901 50.549
201603 35.112 102.518 53.961
201606 36.718 105.961 54.595
201609 41.156 105.961 61.194
201612 43.495 105.196 65.142
201703 43.813 105.196 65.619
201706 41.950 107.109 61.706
201709 43.995 109.021 63.579
201712 43.126 109.404 62.105
201803 41.630 109.786 59.742
201806 40.061 111.317 56.700
201809 38.671 115.142 52.915
201812 42.052 115.142 57.541
201903 42.013 118.202 55.999
201906 36.795 120.880 47.958
201909 39.754 123.175 50.849
201912 37.918 126.235 47.325
202003 47.806 124.705 60.398
202006 47.603 127.000 59.054
202009 50.108 130.118 60.673
202012 45.941 130.889 55.299
202103 50.280 131.771 60.117
202106 45.371 134.084 53.312
202109 46.058 135.847 53.417
202112 45.534 138.161 51.925
202203 47.206 138.822 53.575
202206 44.784 142.347 49.567
202209 47.126 144.661 51.325
202212 41.957 145.763 45.350
202303 39.969 146.865 42.877
202306 37.569 150.280 39.387
202309 40.908 151.492 42.544
202312 39.438 152.924 40.631
202403 42.329 153.035 43.578
202406 44.038 155.789 44.536
202409 51.290 157.882 51.183
202412 51.897 158.323 51.644
202503 55.322 157.552 55.322

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


Infosys  (MEX:INFY N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=353.00/41.22
=8.56

* 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 Infosys was 11.58. The lowest was 4.13. And the median was 6.88.


Be Aware

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


Infosys Cyclically Adjusted Book per Share Related Terms

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


Infosys Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Infosys Ltd (MEX:INFY N) » Definitions » Cyclically Adjusted Book per Share
Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with over 320,000 employees. Based in Bengaluru, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service.

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