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Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Cyclically Adjusted Book per Share : ₹207.48 (As of Sep. 2024)


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What is Suryalakshmi Cotton Mills 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.

Suryalakshmi Cotton Mills's adjusted book value per share for the three months ended in Sep. 2024 was ₹141.364. 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 ₹207.48 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Suryalakshmi Cotton Mills's average Cyclically Adjusted Book Growth Rate was -5.40% 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.

As of today (2024-12-12), Suryalakshmi Cotton Mills's current stock price is ₹93.80. Suryalakshmi Cotton Mills's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹207.48. Suryalakshmi Cotton Mills's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suryalakshmi Cotton Mills was 0.44. The lowest was 0.21. And the median was 0.31.


Suryalakshmi Cotton Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suryalakshmi Cotton Mills'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.

Suryalakshmi Cotton Mills Cyclically Adjusted Book per Share Chart

Suryalakshmi Cotton Mills 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 - - 215.79 220.18 211.29

Suryalakshmi Cotton Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 219.09 - 211.29 - 207.48

Competitive Comparison of Suryalakshmi Cotton Mills's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Suryalakshmi Cotton Mills'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.


Suryalakshmi Cotton Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suryalakshmi Cotton Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Suryalakshmi Cotton Mills 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, Suryalakshmi Cotton Mills's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=141.364/157.8822*157.8822
=141.364

Current CPI (Sep. 2024) = 157.8822.

Suryalakshmi Cotton Mills Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 193.004 97.163 313.617
201506 0.000 99.841 0.000
201509 197.912 101.753 307.084
201512 0.000 102.901 0.000
201603 156.952 102.518 241.712
201606 0.000 105.961 0.000
201609 210.188 105.961 313.180
201612 0.000 105.196 0.000
201703 207.464 105.196 311.370
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 168.451 109.786 242.247
201806 0.000 111.317 0.000
201809 168.953 115.142 231.668
201812 0.000 115.142 0.000
201903 161.779 118.202 216.088
201906 0.000 120.880 0.000
201909 154.019 123.175 197.417
201912 0.000 126.235 0.000
202003 141.932 124.705 179.692
202006 0.000 127.000 0.000
202009 134.584 130.118 163.301
202012 0.000 130.889 0.000
202103 140.184 131.771 167.963
202106 0.000 134.084 0.000
202109 146.936 135.847 170.770
202112 0.000 138.161 0.000
202203 134.124 138.822 152.539
202206 0.000 142.347 0.000
202209 139.813 144.661 152.591
202212 0.000 145.763 0.000
202303 139.870 146.865 150.363
202306 0.000 150.280 0.000
202309 140.658 151.492 146.591
202312 0.000 152.924 0.000
202403 141.477 153.035 145.959
202406 0.000 155.789 0.000
202409 141.364 157.882 141.364

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


Suryalakshmi Cotton Mills  (NSE:SURYALAXMI) 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.

Suryalakshmi Cotton Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=93.80/207.48
=0.45

* 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 Suryalakshmi Cotton Mills was 0.44. The lowest was 0.21. And the median was 0.31.


Be Aware

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


Suryalakshmi Cotton Mills Cyclically Adjusted Book per Share Related Terms

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


Suryalakshmi Cotton Mills Business Description

Traded in Other Exchanges
Address
105, Sardar Patel Road, 6th Floor, Surya Towers, Secunderabad, TG, IND, 500003
Suryalakshmi Cotton Mills Ltd is an original denim manufacturer which has an integrated business model. The company operates in various business segments that include Spinning and Denim out of which the Spinning segment generates maximum revenue for the company.

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