GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Challani Capital Ltd (BOM:530747) » Definitions » Cyclically Adjusted Book per Share

Challani Capital (BOM:530747) Cyclically Adjusted Book per Share : ₹20.02 (As of Sep. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Challani Capital 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.

Challani Capital's adjusted book value per share for the three months ended in Sep. 2023 was ₹3.650. 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 ₹20.02 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Challani Capital's average Cyclically Adjusted Book Growth Rate was -10.20% 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.

As of today (2024-04-28), Challani Capital's current stock price is ₹16.91. Challani Capital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₹20.02. Challani Capital's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Challani Capital was 1.30. The lowest was 0.13. And the median was 0.48.


Challani Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Challani Capital'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.

Challani Capital Cyclically Adjusted Book per Share Chart

Challani Capital Annual Data
Trend Mar13 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 - - 24.88 23.99 21.63

Challani Capital Quarterly Data
Dec18 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 22.29 21.94 21.63 20.27 20.02

Competitive Comparison of Challani Capital's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Challani Capital'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.


Challani Capital's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Challani Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Challani Capital 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, Challani Capital's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.65/151.4920*151.4920
=3.650

Current CPI (Sep. 2023) = 151.4920.

Challani Capital Quarterly Data

Book Value per Share CPI Adj_Book
201309 43.371 91.042 72.168
201312 43.227 91.425 71.628
201406 34.544 94.103 55.611
201409 36.146 96.780 56.580
201412 41.687 96.780 65.253
201503 16.062 97.163 25.043
201506 33.691 99.841 51.121
201509 32.357 101.753 48.174
201512 14.300 102.901 21.053
201603 13.708 102.518 20.256
201606 13.421 105.961 19.188
201609 13.107 105.961 18.739
201612 12.719 105.196 18.317
201703 12.820 105.196 18.462
201706 12.669 107.109 17.919
201709 12.231 109.021 16.996
201712 11.772 109.404 16.301
201803 11.401 109.786 15.732
201806 10.914 111.317 14.853
201809 10.446 115.142 13.744
201812 10.369 115.142 13.642
201903 -10.800 118.202 -13.842
201906 9.254 120.880 11.598
201909 9.030 123.175 11.106
201912 8.791 126.235 10.550
202003 8.476 124.705 10.297
202006 8.259 127.000 9.852
202009 8.084 130.118 9.412
202012 7.988 130.889 9.245
202103 14.411 131.771 16.568
202106 9.053 134.084 10.228
202109 10.267 135.847 11.449
202112 10.123 138.161 11.100
202203 2.697 138.822 2.943
202206 2.742 142.347 2.918
202209 2.774 144.661 2.905
202212 2.817 145.763 2.928
202303 3.437 146.865 3.545
202306 3.452 150.280 3.480
202309 3.650 151.492 3.650

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


Challani Capital  (BOM:530747) 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.

Challani Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.91/20.02
=0.84

* 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 Challani Capital was 1.30. The lowest was 0.13. And the median was 0.48.


Be Aware

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


Challani Capital Cyclically Adjusted Book per Share Related Terms

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


Challani Capital (BOM:530747) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, New Giri Road, Off. G.N. Chetty Road, Opposite Hotel Accord, T. Nagar, Chennai, TN, IND, 600017
Challani Capital Ltd Formerly Indo Asia Finance Ltd is a non-banking finance corporation operating in India. The company also provides services like heavy-duty trucks, pickup trucks, and medium, intermediate, and light-duty trucks. It operates in a single segment which is financing.

Challani Capital (BOM:530747) Headlines

No Headlines