GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemical And Allied Products PLC (NSA:CAPP) » Definitions » Cyclically Adjusted Book per Share

Chemical And Allied Products (NSA:CAPP) Cyclically Adjusted Book per Share : ₦5.08 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Chemical And 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.

Chemical And Allied Products's adjusted book value per share for the three months ended in Mar. 2024 was ₦11.347. 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 ₦5.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chemical And Allied Products's average Cyclically Adjusted Book Growth Rate was 18.10% 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 (2024-06-11), Chemical And Allied Products's current stock price is ₦36.00. Chemical And Allied Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₦5.08. Chemical And Allied Products's Cyclically Adjusted PB Ratio of today is 7.09.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Chemical And Allied Products was 7.09. The lowest was 4.16. And the median was 4.57.


Chemical And Allied Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chemical And 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.

Chemical And Allied Products Cyclically Adjusted Book per Share Chart

Chemical And Allied Products 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 - - - - 4.76

Chemical And Allied Products 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 4.30 4.49 4.64 4.76 5.08

Competitive Comparison of Chemical And Allied Products's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Chemical And 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.


Chemical And Allied Products's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemical And Allied Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chemical And Allied Products's Cyclically Adjusted PB Ratio falls into.



Chemical And 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, Chemical And Allied Products'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)
=11.347/131.7762*131.7762
=11.347

Current CPI (Mar. 2024) = 131.7762.

Chemical And Allied Products Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.876 100.560 2.458
201409 2.424 100.428 3.181
201412 1.687 99.070 2.244
201503 0.000 99.621 0.000
201506 2.077 100.684 2.718
201509 2.511 100.392 3.296
201512 2.172 99.792 2.868
201603 2.774 100.470 3.638
201606 2.086 101.688 2.703
201609 2.445 101.861 3.163
201612 3.262 101.863 4.220
201703 3.820 102.862 4.894
201706 2.057 103.349 2.623
201709 2.428 104.136 3.072
201712 3.203 104.011 4.058
201803 3.864 105.290 4.836
201806 2.463 106.317 3.053
201809 2.904 106.507 3.593
201812 4.013 105.998 4.989
201903 4.726 107.251 5.807
201906 2.354 108.070 2.870
201909 2.868 108.329 3.489
201912 3.602 108.420 4.378
202003 4.254 108.902 5.148
202006 4.470 108.767 5.416
202009 4.927 109.815 5.912
202012 5.350 109.897 6.415
202103 5.640 111.754 6.650
202106 3.977 114.631 4.572
202109 4.949 115.734 5.635
202112 5.594 117.630 6.267
202203 6.268 121.301 6.809
202206 6.148 125.017 6.480
202209 0.000 125.227 0.000
202212 8.100 125.222 8.524
202303 8.578 127.348 8.876
202306 8.122 128.729 8.314
202309 8.463 129.860 8.588
202312 9.782 129.419 9.960
202403 11.347 131.776 11.347

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


Chemical And Allied Products  (NSA:CAPP) 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.

Chemical And Allied Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/5.08
=7.09

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Chemical And Allied Products was 7.09. The lowest was 4.16. And the median was 4.57.


Be Aware

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


Chemical And Allied Products Cyclically Adjusted Book per Share Related Terms

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


Chemical And Allied Products (NSA:CAPP) Business Description

Traded in Other Exchanges
N/A
Address
2, Adeniyi Jones Avenue, P.M.B, Ikeja, Lagos, NGA, 21072
Chemical And Allied Products PLC operate in the paints and coatings business. It is a manufacturer of the Dulux premium brand of paints and the technological licensee of AkzoNobel. Its product portfolio comprises Dulux Trade, Dulux Decorative, Sandtex, Technical Data Sheets, Caplux, and Metalcare. Geographically, it derives the majority of its revenue from Nigeria and from the sale of paint products.

Chemical And Allied Products (NSA:CAPP) Headlines

No Headlines