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Mangalam Organics (BOM:514418) Cyclically Adjusted Book per Share : ₹185.54 (As of Sep. 2023)


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What is Mangalam Organics 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.

Mangalam Organics's adjusted book value per share for the three months ended in Sep. 2023 was ₹323.157. 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 ₹185.54 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Mangalam Organics's average Cyclically Adjusted Book Growth Rate was -100.00% 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 (2024-06-12), Mangalam Organics's current stock price is ₹353.00. Mangalam Organics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₹185.54. Mangalam Organics's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mangalam Organics was 8.84. The lowest was 1.47. And the median was 3.47.


Mangalam Organics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mangalam Organics'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.

Mangalam Organics Cyclically Adjusted Book per Share Chart

Mangalam Organics 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 - 107.63 141.24 169.04 -

Mangalam Organics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - 169.04 - 185.54 -

Competitive Comparison of Mangalam Organics's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Mangalam Organics'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.


Mangalam Organics's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mangalam Organics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mangalam Organics 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, Mangalam Organics'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)
=323.157/151.4920*151.4920
=323.157

Current CPI (Sep. 2023) = 151.4920.

Mangalam Organics Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 56.334 91.425 93.346
201406 0.000 94.103 0.000
201409 59.486 96.780 93.114
201412 0.000 96.780 0.000
201503 57.947 97.163 90.348
201506 0.000 99.841 0.000
201509 21.301 101.753 31.713
201512 0.000 102.901 0.000
201603 46.523 102.518 68.747
201606 0.000 105.961 0.000
201609 49.036 105.961 70.106
201612 0.000 105.196 0.000
201703 51.795 105.196 74.590
201706 0.000 107.109 0.000
201709 59.406 109.021 82.548
201712 64.490 109.404 89.300
201803 67.617 109.786 93.303
201806 0.000 111.317 0.000
201809 91.601 115.142 120.519
201812 0.000 115.142 0.000
201903 141.685 118.202 181.589
201906 0.000 120.880 0.000
201909 177.066 123.175 217.772
201912 0.000 126.235 0.000
202003 196.042 124.705 238.152
202006 0.000 127.000 0.000
202009 220.913 130.118 257.202
202012 0.000 130.889 0.000
202103 293.860 131.771 337.841
202106 0.000 134.084 0.000
202109 337.416 135.847 376.275
202112 0.000 138.161 0.000
202203 355.039 138.822 387.443
202206 0.000 142.347 0.000
202209 322.006 144.661 337.211
202212 0.000 145.763 0.000
202303 321.974 146.865 332.119
202306 0.000 150.280 0.000
202309 323.157 151.492 323.157

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


Mangalam Organics  (BOM:514418) 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.

Mangalam Organics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=353.00/185.54
=1.90

* 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 Mangalam Organics was 8.84. The lowest was 1.47. And the median was 3.47.


Be Aware

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


Mangalam Organics Cyclically Adjusted Book per Share Related Terms

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


Mangalam Organics (BOM:514418) Business Description

Industry
Traded in Other Exchanges
Address
Free Press Journal Marg, 812/813, Tulsiani Chamber, 212, Nariman Point, Mumbai, MH, IND, 400 021
Mangalam Organics Ltd is an India-based company involved in manufacturing chemicals. It is engaged in manufacturing Camphor, Resin, and Sodium Acetate. Its primary segments are Synthetic Resin operations, Terpene operations, and Retail operations. Its production unit is located at Kumbhivali, Maharashtra state, India. The terpene products segment, which generates a vast majority of the revenue, includes Camphor technical, Camphene, Isobornyl acetate, Isoborneol, Dipentene, Camphor oil, Pine tar, Pine oil among others. Its resin products include Penta ester gum, Glycerol ester gum, and Gum rosin among others.

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