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GVP Infotech (NSE:GVPTECH) Cyclically Adjusted Book per Share : ₹83.91 (As of Dec. 2024)


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What is GVP Infotech 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.

GVP Infotech's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹10.412. 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 ₹83.91 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 (2025-05-22), GVP Infotech's current stock price is ₹ 9.96. GVP Infotech's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹83.91. GVP Infotech's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of GVP Infotech was 0.19. The lowest was 0.12. And the median was 0.15.


GVP Infotech Cyclically Adjusted Book per Share Historical Data

The historical data trend for GVP Infotech'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.

GVP Infotech Cyclically Adjusted Book per Share Chart

GVP Infotech 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 - - - - 83.91

GVP Infotech Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 83.91 - - -

Competitive Comparison of GVP Infotech's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, GVP Infotech'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.


GVP Infotech's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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GVP Infotech 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, GVP Infotech'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)
=10.412/153.0345*153.0345
=10.412

Current CPI (Mar. 2024) = 153.0345.

GVP Infotech Annual Data

Book Value per Share CPI Adj_Book
201503 173.475 97.163 273.228
201603 42.411 102.518 63.309
201703 63.326 105.196 92.124
201803 101.596 109.786 141.618
201903 90.864 118.202 117.640
202003 91.277 124.705 112.013
202103 6.100 131.771 7.084
202203 9.965 138.822 10.985
202303 10.241 146.865 10.671
202403 10.412 153.035 10.412

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


GVP Infotech  (NSE:GVPTECH) 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.

GVP Infotech's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.96/83.91
=0.12

* 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 10 years, the highest Cyclically Adjusted PB Ratio of GVP Infotech was 0.19. The lowest was 0.12. And the median was 0.15.


Be Aware

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


GVP Infotech Cyclically Adjusted Book per Share Related Terms

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


GVP Infotech Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kasturba Gandhi Road, Office No.710, Naurang House, Connaught Place, New Delhi, Delhi, IND, 110001
GVP Infotech Ltd, formerly Fourth Dimension Solutions Ltd provides information technology (IT) related products and IT related services. The company focuses on various e-governance activities of the Central Government and State Government. Its technology solutions include computing, switching and routing, structured cabling, storage and server consolidation, and Internet and data security. Its IT Infrastructure Services include IT facilities management services, e-commerce and implementation of configuration services for computing and network pieces. Its Operations Outsourcing solutions include system integration, voice data video safety and security, documents and record management and printing solutions.

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