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Navana CNG (DHA:NAVANACNG) Cyclically Adjusted Book per Share : BDT36.05 (As of Dec. 2023)


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What is Navana CNG 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.

Navana CNG's adjusted book value per share for the three months ended in Dec. 2023 was BDT31.227. 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 BDT36.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Navana CNG's average Cyclically Adjusted Book Growth Rate was 2.70% 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), Navana CNG's current stock price is BDT26.10. Navana CNG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT36.05. Navana CNG's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Navana CNG was 0.98. The lowest was 0.63. And the median was 0.74.


Navana CNG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Navana CNG'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.

Navana CNG Cyclically Adjusted Book per Share Chart

Navana CNG Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 34.51 36.11

Navana CNG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 35.10 35.59 36.11 36.30 36.05

Competitive Comparison of Navana CNG's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Navana CNG'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.


Navana CNG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Navana CNG 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, Navana CNG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=31.227/129.4194*129.4194
=31.227

Current CPI (Dec. 2023) = 129.4194.

Navana CNG Quarterly Data

Book Value per Share CPI Adj_Book
201312 22.811 98.326 30.024
201403 25.527 99.695 33.138
201406 26.586 100.560 34.216
201409 27.463 100.428 35.391
201412 26.620 99.070 34.775
201503 25.477 99.621 33.098
201506 28.194 100.684 36.241
201509 28.820 100.392 37.153
201512 28.901 99.792 37.481
201606 0.000 101.688 0.000
201609 29.188 101.861 37.085
201612 28.949 101.863 36.781
201703 29.530 102.862 37.154
201706 30.484 103.349 38.174
201709 31.116 104.136 38.671
201712 30.823 104.011 38.353
201803 32.432 105.290 39.865
201806 32.060 106.317 39.027
201809 32.373 106.507 39.337
201812 31.666 105.998 38.663
201903 32.043 107.251 38.666
201906 32.079 108.070 38.416
201909 32.371 108.329 38.673
201912 32.071 108.420 38.283
202003 32.285 108.902 38.368
202006 32.317 108.767 38.453
202009 32.418 109.815 38.205
202012 31.951 109.897 37.627
202103 31.989 111.754 37.045
202106 32.000 114.631 36.128
202109 32.075 115.734 35.868
202112 32.963 117.630 36.267
202203 31.878 121.301 34.012
202206 31.891 125.017 33.014
202209 31.930 125.227 32.999
202212 31.220 125.222 32.267
202303 31.734 127.348 32.250
202306 31.751 128.729 31.921
202309 31.780 129.860 31.672
202312 31.227 129.419 31.227

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


Navana CNG  (DHA:NAVANACNG) 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.

Navana CNG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.10/36.05
=0.72

* 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 Navana CNG was 0.98. The lowest was 0.63. And the median was 0.74.


Be Aware

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


Navana CNG Cyclically Adjusted Book per Share Related Terms

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


Navana CNG (DHA:NAVANACNG) Business Description

Traded in Other Exchanges
N/A
Address
205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Navana CNG Ltd is engaged in converting petrol and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles, CNG refueling stations, and other related services. The company also focuses on re-testing facilities, package maintenance programs, and manufacturing polymer, plastic, polyethylene, and tubes. Its operating segment includes a Conversion Workshop and CNG & LPG Station. The company generates maximum revenue from the CNG Station segment.

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