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JTEKT India (NSE:JTEKTINDIA) Cyclically Adjusted Book per Share : ₹30.20 (As of Mar. 2025)


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What is JTEKT India 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.

JTEKT India's adjusted book value per share for the three months ended in Mar. 2025 was ₹34.603. 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 ₹30.20 for the trailing ten years ended in Mar. 2025.

During the past 12 months, JTEKT India's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 JTEKT India was 5.90% per year. The lowest was 5.90% per year. And the median was 5.90% per year.

As of today (2025-06-04), JTEKT India's current stock price is ₹139.05. JTEKT India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹30.20. JTEKT India's Cyclically Adjusted PB Ratio of today is 4.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JTEKT India was 7.53. The lowest was 2.85. And the median was 4.76.


JTEKT India Cyclically Adjusted Book per Share Historical Data

The historical data trend for JTEKT India'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.

JTEKT India Cyclically Adjusted Book per Share Chart

JTEKT India 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 - 25.13 27.63 28.11 30.20

JTEKT India 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 28.11 - 29.65 - 30.20

Competitive Comparison of JTEKT India's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, JTEKT India'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.


JTEKT India's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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JTEKT India 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, JTEKT India'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)
=34.603/157.5517*157.5517
=34.603

Current CPI (Mar. 2025) = 157.5517.

JTEKT India Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.543 91.425 26.785
201406 0.000 94.103 0.000
201409 15.775 96.780 25.681
201412 0.000 96.780 0.000
201503 16.273 97.163 26.387
201506 0.000 99.841 0.000
201509 16.795 101.753 26.005
201512 0.000 102.901 0.000
201603 18.109 102.518 27.830
201606 0.000 105.961 0.000
201609 18.045 105.961 26.831
201612 0.000 105.196 0.000
201703 19.271 105.196 28.862
201803 27.393 109.786 39.311
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201903 24.252 118.202 32.326
201906 0.000 120.880 0.000
201909 23.812 123.175 30.458
202003 24.363 124.705 30.780
202006 0.000 127.000 0.000
202009 22.794 130.118 27.600
202012 0.000 130.889 0.000
202103 24.482 131.771 29.272
202106 0.000 134.084 0.000
202109 24.678 135.847 28.621
202112 0.000 138.161 0.000
202203 25.844 138.822 29.331
202206 0.000 142.347 0.000
202209 27.149 144.661 29.568
202212 0.000 145.763 0.000
202303 30.011 146.865 32.195
202306 0.000 150.280 0.000
202309 30.029 151.492 31.230
202312 0.000 152.924 0.000
202403 32.314 153.035 33.268
202406 0.000 155.789 0.000
202409 33.062 157.882 32.993
202412 0.000 158.323 0.000
202503 34.603 157.552 34.603

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


JTEKT India  (NSE:JTEKTINDIA) 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.

JTEKT India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=139.05/30.20
=4.60

* 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 JTEKT India was 7.53. The lowest was 2.85. And the median was 4.76.


Be Aware

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


JTEKT India Cyclically Adjusted Book per Share Related Terms

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


JTEKT India Business Description

Traded in Other Exchanges
Address
21, Barakhamba Road, UGF-6, Indraprakash, New Delhi, IND, 110001
JTEKT India Ltd is engaged in the manufacture of steering systems for the passenger car and utility vehicle markets in India. Its customers include vehicle manufacturers in India such as Maruti Suzuki, Toyota, Hyundai, Tata Motors, Mahindra and Mahindra, General Motors, and Mahindra-Renault. Its product offerings comprise steering, bearing, and machine tools. Along with India, the group exports its products to the market of the United States, France, Brazil, Europe, and Japan.

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