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Dr Reddy's Laboratories (STU:RDDA) Cyclically Adjusted Book per Share : €2.75 (As of Mar. 2025)


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What is Dr Reddy's 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.

Dr Reddy's Laboratories's adjusted book value per share for the three months ended in Mar. 2025 was €4.311. 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 €2.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Dr Reddy's Laboratories's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Dr Reddy's Laboratories was 14.20% per year. The lowest was 8.90% per year. And the median was 12.10% per year.

As of today (2025-05-28), Dr Reddy's Laboratories's current stock price is €12.90. Dr Reddy's Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €2.75. Dr Reddy's Laboratories's Cyclically Adjusted PB Ratio of today is 4.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dr Reddy's Laboratories was 9.04. The lowest was 3.25. And the median was 4.85.


Dr Reddy's Laboratories Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dr Reddy's 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.

Dr Reddy's Laboratories Cyclically Adjusted Book per Share Chart

Dr Reddy's 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 1.90 2.17 2.37 2.57 2.75

Dr Reddy's 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 2.57 2.68 2.62 2.75 2.75

Competitive Comparison of Dr Reddy's Laboratories's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Dr Reddy's 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.


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

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

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


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Dr Reddy's 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, Dr Reddy's 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)
=4.311/157.5517*157.5517
=4.311

Current CPI (Mar. 2025) = 157.5517.

Dr Reddy's Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.947 99.841 3.072
201509 1.918 101.753 2.970
201512 2.082 102.901 3.188
201603 2.020 102.518 3.104
201606 1.824 105.961 2.712
201609 1.858 105.961 2.763
201612 2.042 105.196 3.058
201703 2.127 105.196 3.186
201706 2.056 107.109 3.024
201709 1.912 109.021 2.763
201712 1.961 109.404 2.824
201803 1.901 109.786 2.728
201806 1.985 111.317 2.809
201809 1.878 115.142 2.570
201812 2.031 115.142 2.779
201903 2.153 118.202 2.870
201906 2.251 120.880 2.934
201909 2.363 123.175 3.022
201912 2.269 126.235 2.832
202003 2.270 124.705 2.868
202006 2.288 127.000 2.838
202009 2.302 130.118 2.787
202012 2.280 130.889 2.744
202103 2.409 131.771 2.880
202106 2.423 134.084 2.847
202109 2.552 135.847 2.960
202112 2.681 138.161 3.057
202203 2.736 138.822 3.105
202206 2.925 142.347 3.237
202209 3.127 144.661 3.406
202212 3.036 145.763 3.282
202303 3.157 146.865 3.387
202306 3.313 150.280 3.473
202309 3.429 151.492 3.566
202312 3.544 152.924 3.651
202403 3.760 153.035 3.871
202406 3.938 155.789 3.983
202409 3.941 157.882 3.933
202412 4.286 158.323 4.265
202503 4.311 157.552 4.311

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


Dr Reddy's Laboratories  (STU:RDDA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.90/2.75
=4.69

* 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 Dr Reddy's Laboratories was 9.04. The lowest was 3.25. And the median was 4.85.


Be Aware

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


Dr Reddy's Laboratories Cyclically Adjusted Book per Share Related Terms

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


Dr Reddy's Laboratories Business Description

Traded in Other Exchanges
Address
8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, IND, 500 034
Dr. Reddy's is one of the largest generic drug manufacturers in the world. It has a significant presence in North America, a region that makes up roughly half of its generics sales, and it services India (about 20% of its generics sales), Russia (10%), and certain European and Latin American countries. Beyond simple generics, Dr. Reddy's also has a solid portfolio of injectables which make up 25% of its North America sales. In branded generic markets like India, Dr. Reddy's has established a compelling presence with its strong brand name and earned a top five spot in key therapeutic areas including oncology and gastroenterology. Dr. Reddy's also has an active pharmaceutical ingredient business that manufactures over 150 APIs and sells in over 75 countries.

Dr Reddy's Laboratories Headlines

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