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IVP (NSE:IVP) Cyclically Adjusted Book per Share : ₹105.76 (As of Mar. 2025)


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What is IVP 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.

IVP's adjusted book value per share for the three months ended in Mar. 2025 was ₹134.931. 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 ₹105.76 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IVP's average Cyclically Adjusted Book Growth Rate was -100.00% 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 IVP was 7.20% per year. The lowest was 7.20% per year. And the median was 7.20% per year.

As of today (2025-05-24), IVP's current stock price is ₹178.03. IVP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹105.76. IVP's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IVP was 2.56. The lowest was 0.54. And the median was 1.73.


IVP Cyclically Adjusted Book per Share Historical Data

The historical data trend for IVP'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.

IVP Cyclically Adjusted Book per Share Chart

IVP 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 78.73 85.27 89.13 99.10 105.76

IVP 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 99.10 - 100.95 - 105.76

Competitive Comparison of IVP's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, IVP'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.


IVP's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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


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IVP 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, IVP'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)
=134.931/157.5517*157.5517
=134.931

Current CPI (Mar. 2025) = 157.5517.

IVP Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 59.132 101.753 91.558
201512 0.000 102.901 0.000
201603 62.848 102.518 96.586
201606 0.000 105.961 0.000
201609 66.909 105.961 99.486
201612 0.000 105.196 0.000
201703 70.875 105.196 106.149
201706 0.000 107.109 0.000
201709 71.848 109.021 103.831
201712 0.000 109.404 0.000
201803 78.520 109.786 112.682
201806 0.000 111.317 0.000
201809 76.767 115.142 105.042
201812 0.000 115.142 0.000
201903 79.004 118.202 105.305
201906 0.000 120.880 0.000
201909 73.843 123.175 94.452
201912 0.000 126.235 0.000
202003 69.494 124.705 87.798
202006 0.000 127.000 0.000
202009 66.066 130.118 79.995
202012 0.000 130.889 0.000
202103 73.310 131.771 87.653
202106 0.000 134.084 0.000
202109 76.564 135.847 88.797
202112 0.000 138.161 0.000
202203 88.815 138.822 100.798
202206 0.000 142.347 0.000
202209 96.301 144.661 104.882
202212 0.000 145.763 0.000
202303 114.933 146.865 123.296
202306 0.000 150.280 0.000
202309 119.136 151.492 123.901
202312 0.000 152.924 0.000
202403 125.528 153.035 129.233
202406 0.000 155.789 0.000
202409 129.721 157.882 129.449
202412 0.000 158.323 0.000
202503 134.931 157.552 134.931

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


IVP  (NSE:IVP) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=178.03/105.76
=1.68

* 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 IVP was 2.56. The lowest was 0.54. And the median was 1.73.


Be Aware

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


IVP Cyclically Adjusted Book per Share Related Terms

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


IVP Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » IVP Ltd (NSE:IVP) » Definitions » Cyclically Adjusted Book per Share
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Address
Shashikant Narayan Redij Marg, Ghorupdeo, Mumbai, MH, IND, 400 033
IVP Ltd is a manufacturer and exporter of foundry chemicals, castings, and allied products. The products of the company include Binders, Coatings, Polyurethane, and other additives used in the foundry and non-foundry industries. The resins products of the company are for application in diverse fields such as foundry, composites, insulation, and refractory, the coatings products of the company serve the needs of the foundry industry with numerous refractory-based products while the allied products consist of miscellaneous products for use in both ferrous and non-ferrous foundries.