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Bajaj Consumer Care (NSE:BAJAJCON) Cyclically Adjusted Book per Share : ₹52.74 (As of Mar. 2024)


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What is Bajaj Consumer Care 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.

Bajaj Consumer Care's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹58.166. 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 ₹52.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bajaj Consumer Care's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bajaj Consumer Care was 9.50% per year. The lowest was 5.10% per year. And the median was 6.00% per year.

As of today (2024-05-22), Bajaj Consumer Care's current stock price is ₹ 238.20. Bajaj Consumer Care's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹52.74. Bajaj Consumer Care's Cyclically Adjusted PB Ratio of today is 4.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bajaj Consumer Care was 9.28. The lowest was 2.74. And the median was 3.70.


Bajaj Consumer Care Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bajaj Consumer Care'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.

Bajaj Consumer Care Cyclically Adjusted Book per Share Chart

Bajaj Consumer Care 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 42.60 45.39 47.98 50.69 52.74

Bajaj Consumer Care 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 50.69 - - - 52.74

Competitive Comparison of Bajaj Consumer Care's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Bajaj Consumer Care'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.


Bajaj Consumer Care's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bajaj Consumer Care's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bajaj Consumer Care 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, Bajaj Consumer Care's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=58.166/153.0345*153.0345
=58.166

Current CPI (Mar. 2024) = 153.0345.

Bajaj Consumer Care Annual Data

Book Value per Share CPI Adj_Book
201503 33.135 97.163 52.189
201603 32.614 102.518 48.685
201703 33.504 105.196 48.740
201803 33.387 109.786 46.539
201903 31.686 118.202 41.023
202003 44.273 124.705 54.331
202103 51.315 131.771 59.596
202203 54.876 138.822 60.494
202303 55.361 146.865 57.687
202403 58.166 153.035 58.166

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


Bajaj Consumer Care  (NSE:BAJAJCON) 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.

Bajaj Consumer Care's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=238.20/52.74
=4.52

* 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 Bajaj Consumer Care was 9.28. The lowest was 2.74. And the median was 3.70.


Be Aware

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


Bajaj Consumer Care Cyclically Adjusted Book per Share Related Terms

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


Bajaj Consumer Care (NSE:BAJAJCON) Business Description

Traded in Other Exchanges
Address
Old Station Road, Sevashram, Chouraha, Udaipur, RJ, IND, 313 001
Bajaj Consumer Care Ltd is an India-based company that is principally engaged in developing and distributing haircare and skincare products. It provides a number of hair oil products Bajaj Almond Drops Hair Oil, Bajaj Amla Hair Oil, Bajaj Brahmi Amla Hair Oil, Bajaj Kailash Parbat Hair Oil, and Bajaj Jasmine Hair Oil, with Bajaj Almond Drops Hair Oil the flagship product that contributes the majority of the company's total revenue. It also offers skincare products, with products categorized into cream, face wash, soap, scrub, and face pack. It has one segment Cosmetics, Toiletries and Other Personal Care products. It generates most of its revenue from the domestic market, and has a presence in overseas markets as well, mainly in the SAARC, Gulf and Middle-East, ASEAN, and African regions.

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