GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » S Alam Cold Rolled Steels Ltd (DHA:SALAMCRST) » Definitions » Cyclically Adjusted Book per Share

S Alam Cold Rolled Steels (DHA:SALAMCRST) Cyclically Adjusted Book per Share : BDT23.08 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is S Alam Cold Rolled Steels 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.

S Alam Cold Rolled Steels's adjusted book value per share for the three months ended in Dec. 2023 was BDT18.643. 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 BDT23.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, S Alam Cold Rolled Steels's average Cyclically Adjusted Book Growth Rate was 0.30% 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 (2024-04-30), S Alam Cold Rolled Steels's current stock price is BDT22.80. S Alam Cold Rolled Steels's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT23.08. S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of S Alam Cold Rolled Steels was 1.74. The lowest was 1.00. And the median was 1.42.


S Alam Cold Rolled Steels Cyclically Adjusted Book per Share Historical Data

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels Cyclically Adjusted Book per Share Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 23.31 23.40

S Alam Cold Rolled Steels 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 23.01 23.28 23.40 23.38 23.08

Competitive Comparison of S Alam Cold Rolled Steels's Cyclically Adjusted Book per Share

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio falls into.



S Alam Cold Rolled Steels 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, S Alam Cold Rolled Steels'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)
=18.643/129.4194*129.4194
=18.643

Current CPI (Dec. 2023) = 129.4194.

S Alam Cold Rolled Steels Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 20.702 100.560 26.643
201409 20.120 100.428 25.928
201412 20.512 99.070 26.796
201503 19.487 99.621 25.316
201506 19.995 100.684 25.702
201509 19.864 100.392 25.608
201512 20.088 99.792 26.052
201603 19.205 100.470 24.739
201606 0.000 101.688 0.000
201609 19.632 101.861 24.943
201612 19.940 101.863 25.334
201703 19.357 102.862 24.355
201706 19.545 103.349 24.475
201709 19.879 104.136 24.706
201712 20.095 104.011 25.004
201803 19.836 105.290 24.382
201806 19.408 106.317 23.625
201809 19.817 106.507 24.080
201812 20.165 105.998 24.621
201903 19.772 107.251 23.859
201906 19.462 108.070 23.307
201909 19.767 108.329 23.615
201912 20.051 108.420 23.935
202003 19.523 108.902 23.201
202006 19.007 108.767 22.616
202009 19.223 109.815 22.655
202012 19.654 109.897 23.145
202103 19.100 111.754 22.119
202106 18.890 114.631 21.327
202109 19.077 115.734 21.333
202112 19.104 117.630 21.019
202203 18.508 121.301 19.747
202206 18.562 125.017 19.216
202209 18.680 125.227 19.305
202212 18.858 125.222 19.490
202303 18.666 127.348 18.970
202306 18.548 128.729 18.648
202309 18.581 129.860 18.518
202312 18.643 129.419 18.643

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


S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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.

S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.80/23.08
=0.99

* 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 S Alam Cold Rolled Steels was 1.74. The lowest was 1.00. And the median was 1.42.


Be Aware

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


S Alam Cold Rolled Steels Cyclically Adjusted Book per Share Related Terms

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


S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Traded in Other Exchanges
N/A
Address
S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

S Alam Cold Rolled Steels (DHA:SALAMCRST) Headlines

No Headlines