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Ipca Laboratories (NSE:IPCALAB) Cyclically Adjusted Book per Share : ₹171.21 (As of Mar. 2025)


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What is Ipca Laboratories 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.

Ipca Laboratories's adjusted book value per share for the three months ended in Mar. 2025 was ₹273.880. 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 ₹171.21 for the trailing ten years ended in Mar. 2025.

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 (2025-06-02), Ipca Laboratories's current stock price is ₹1424.80. Ipca Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹171.21. Ipca Laboratories's Cyclically Adjusted PB Ratio of today is 8.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ipca Laboratories was 10.47. The lowest was 7.78. And the median was 9.71.


Ipca Laboratories Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ipca Laboratories'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.

Ipca Laboratories Cyclically Adjusted Book per Share Chart

Ipca Laboratories 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 - - - - 171.21

Ipca Laboratories 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 - - 158.30 - 171.21

Competitive Comparison of Ipca Laboratories's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Ipca Laboratories'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.


Ipca Laboratories's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ipca Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ipca Laboratories 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, Ipca Laboratories'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)
=273.88/157.5517*157.5517
=273.880

Current CPI (Mar. 2025) = 157.5517.

Ipca Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
200703 18.952 48.581 61.462
200803 23.486 52.407 70.606
200903 25.264 56.615 70.307
201003 34.183 65.030 82.817
201103 41.405 70.768 92.180
201203 49.831 76.889 102.108
201303 61.561 85.687 113.192
201403 77.642 91.425 133.800
201503 87.027 97.163 141.116
201603 89.509 102.518 137.559
201703 97.277 105.196 145.691
201803 106.521 109.786 152.866
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 123.559 118.202 164.692
201906 0.000 120.880 0.000
201909 134.466 123.175 171.994
201912 0.000 126.235 0.000
202003 143.547 124.705 181.356
202006 0.000 127.000 0.000
202009 172.366 130.118 208.707
202012 0.000 130.889 0.000
202103 185.316 131.771 221.573
202106 0.000 134.084 0.000
202109 207.479 135.847 240.629
202112 0.000 138.161 0.000
202203 215.362 138.822 244.419
202206 0.000 142.347 0.000
202209 227.746 144.661 248.040
202212 0.000 145.763 0.000
202303 230.269 146.865 247.025
202306 0.000 150.280 0.000
202309 242.358 151.492 252.052
202312 0.000 152.924 0.000
202403 249.590 153.035 256.957
202406 0.000 155.789 0.000
202409 264.103 157.882 263.550
202412 0.000 158.323 0.000
202503 273.880 157.552 273.880

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


Ipca Laboratories  (NSE:IPCALAB) 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.

Ipca Laboratories's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1424.80/171.21
=8.32

* 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 Ipca Laboratories was 10.47. The lowest was 7.78. And the median was 9.71.


Be Aware

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


Ipca Laboratories Cyclically Adjusted Book per Share Related Terms

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


Ipca Laboratories Business Description

Traded in Other Exchanges
Address
125, Kandivli Industrial Estate, Kandivli (West), Mumbai, MH, IND, 400067
Ipca Laboratories Ltd is a pharmaceutical company. The company's principal activity is the Development, Manufacturing, and Marketing of Pharmaceuticals Products. The company's API products include Atenolol (anti-hypertensive), Chloroquine Phosphate (anti-malarial), Chlorthalidone (diuretic), Furosemide (diuretic), Hydroxychloroquine Sulphate (DMARD), Losartan. The company has only one reportable primary business segment, pharmaceuticals.

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