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Dr Agarwal'S Eye Hospital (BOM:526783) Cyclically Adjusted Book per Share : ₹145.11 (As of Mar. 2024)


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What is Dr Agarwal'S Eye Hospital 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 Agarwal'S Eye Hospital's adjusted book value per share for the three months ended in Mar. 2024 was ₹334.362. 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 ₹145.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dr Agarwal'S Eye Hospital's average Cyclically Adjusted Book Growth Rate was 25.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dr Agarwal'S Eye Hospital was 21.00% per year. The lowest was 21.00% per year. And the median was 21.00% per year.

As of today (2024-06-06), Dr Agarwal'S Eye Hospital's current stock price is ₹3016.10. Dr Agarwal'S Eye Hospital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹145.11. Dr Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio of today is 20.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dr Agarwal'S Eye Hospital was 24.56. The lowest was 2.92. And the median was 8.33.


Dr Agarwal'S Eye Hospital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dr Agarwal'S Eye Hospital'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 Agarwal'S Eye Hospital Cyclically Adjusted Book per Share Chart

Dr Agarwal'S Eye Hospital 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 - 81.97 96.46 115.66 145.11

Dr Agarwal'S Eye Hospital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 115.66 - 130.44 - 145.11

Competitive Comparison of Dr Agarwal'S Eye Hospital's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Dr Agarwal'S Eye Hospital'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 Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dr Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio falls into.



Dr Agarwal'S Eye Hospital 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 Agarwal'S Eye Hospital's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=334.362/153.0345*153.0345
=334.362

Current CPI (Mar. 2024) = 153.0345.

Dr Agarwal'S Eye Hospital Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 47.515 96.780 75.133
201412 0.000 96.780 0.000
201503 50.553 97.163 79.623
201506 0.000 99.841 0.000
201509 52.954 101.753 79.642
201512 0.000 102.901 0.000
201603 48.476 102.518 72.363
201606 0.000 105.961 0.000
201609 57.774 105.961 83.440
201612 0.000 105.196 0.000
201703 62.560 105.196 91.010
201706 0.000 107.109 0.000
201709 73.386 109.021 103.013
201712 0.000 109.404 0.000
201803 74.594 109.786 103.979
201806 0.000 111.317 0.000
201809 92.462 115.142 122.891
201812 0.000 115.142 0.000
201903 96.995 118.202 125.578
201906 0.000 120.880 0.000
201909 107.648 123.175 133.744
201912 0.000 126.235 0.000
202003 119.364 124.705 146.480
202006 0.000 127.000 0.000
202009 102.931 130.118 121.059
202012 0.000 130.889 0.000
202103 116.304 131.771 135.072
202106 0.000 134.084 0.000
202109 135.622 135.847 152.781
202112 0.000 138.161 0.000
202203 166.319 138.822 183.347
202206 0.000 142.347 0.000
202209 201.319 144.661 212.972
202212 0.000 145.763 0.000
202303 241.149 146.865 251.280
202306 0.000 150.280 0.000
202309 291.468 151.492 294.436
202312 0.000 152.924 0.000
202403 334.362 153.035 334.362

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


Dr Agarwal'S Eye Hospital  (BOM:526783) 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 Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3016.10/145.11
=20.78

* 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 Agarwal'S Eye Hospital was 24.56. The lowest was 2.92. And the median was 8.33.


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 Agarwal'S Eye Hospital Cyclically Adjusted Book per Share Related Terms

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


Dr Agarwal'S Eye Hospital (BOM:526783) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Moores Road, Off Greams Road, 3rd Floor, Buhari Towers, Near Asan Memorial School, Chennai, TN, IND, 600 006
Dr Agarwal'S Eye Hospital Ltd is a provider of eye care and related services. The company's specialty services include Cataract, Glaucoma, Laser Correction, Cornea and Refractive, Retina, Squint, Paediatric Ophthalmology, Neuro-Ophthalmology, Uvea, and Orbit and Oculoplasty. The firm generates its revenue from the sale of Opticals, Pharmaceutical Products, Contact Lens and Accessories, and others.

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