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Kapston Services (NSE:KAPSTON) Cyclically Adjusted Book per Share : ₹33.65 (As of Sep. 2023)


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What is Kapston Services 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.

Kapston Services's adjusted book value per share data for the fiscal year that ended in Mar. 2023 was ₹57.829. 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 ₹33.65 for the trailing ten years ended in Mar. 2023.

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 (2024-06-14), Kapston Services's current stock price is ₹ 352.60. Kapston Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2023 was ₹33.65. Kapston Services's Cyclically Adjusted PB Ratio of today is 10.48.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Kapston Services was 10.23. The lowest was 3.84. And the median was 4.51.


Kapston Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kapston Services'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.

Kapston Services Cyclically Adjusted Book per Share Chart

Kapston Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 26.54 33.65

Kapston Services Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 33.65 - -

Competitive Comparison of Kapston Services's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Kapston Services'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.


Kapston Services's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kapston Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kapston Services 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, Kapston Services's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_Book=Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=57.829/146.8646*146.8646
=57.829

Current CPI (Mar. 2023) = 146.8646.

Kapston Services Annual Data

Book Value per Share CPI Adj_Book
201403 2.656 91.425 4.267
201503 4.617 97.163 6.979
201603 7.270 102.518 10.415
201703 11.914 105.196 16.633
201803 25.816 109.786 34.535
201903 33.882 118.202 42.098
202003 44.135 124.705 51.978
202103 50.178 131.771 55.926
202203 52.783 138.822 55.841
202303 57.829 146.865 57.829

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


Kapston Services  (NSE:KAPSTON) 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.

Kapston Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=352.60/33.65
=10.48

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Kapston Services was 10.23. The lowest was 3.84. And the median was 4.51.


Be Aware

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


Kapston Services Cyclically Adjusted Book per Share Related Terms

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


Kapston Services (NSE:KAPSTON) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.75, Kavuri Hills, Madhapur, Hyderabad, TG, IND, 500034
Kapston Services Ltd formerly Kapston Facilities Management Ltd operates as a service provider. The firm is engaged in providing integrated facility management services for Security, House Keeping, Pantry, M&E (Electro-Mechanical) and Landscaping (Horticulture) and allied services. It caters to various segments including IT and ITES, manufacturing, banks, hotels, hospitals, malls and retail, construction projects and residential sites.

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