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Vinyoflex (BOM:530401) Cyclically Adjusted Book per Share : ₹51.25 (As of Mar. 2024)


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What is Vinyoflex 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.

Vinyoflex's adjusted book value per share for the three months ended in Mar. 2024 was ₹69.978. 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 ₹51.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vinyoflex's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Vinyoflex was 10.20% per year. The lowest was 10.20% per year. And the median was 10.20% per year.

As of today (2024-06-06), Vinyoflex's current stock price is ₹81.81. Vinyoflex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹51.25. Vinyoflex's Cyclically Adjusted PB Ratio of today is 1.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vinyoflex was 2.15. The lowest was 0.51. And the median was 0.82.


Vinyoflex Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vinyoflex'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.

Vinyoflex Cyclically Adjusted Book per Share Chart

Vinyoflex 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 - 38.33 43.06 47.62 51.25

Vinyoflex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 46.31 47.62 49.17 - 51.25

Competitive Comparison of Vinyoflex's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Vinyoflex'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.


Vinyoflex's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Vinyoflex 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, Vinyoflex'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)
=69.978/153.0345*153.0345
=69.978

Current CPI (Mar. 2024) = 153.0345.

Vinyoflex Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.530 91.425 34.365
201406 0.000 94.103 0.000
201409 21.164 96.780 33.466
201412 0.000 96.780 0.000
201503 23.152 97.163 36.465
201506 0.000 99.841 0.000
201509 23.152 101.753 34.820
201512 0.000 102.901 0.000
201603 26.757 102.518 39.942
201606 0.000 105.961 0.000
201609 29.547 105.961 42.673
201612 31.507 105.196 45.835
201703 30.677 105.196 44.628
201706 0.000 107.109 0.000
201709 32.444 109.021 45.542
201712 35.693 109.404 49.927
201803 34.998 109.786 48.785
201806 36.123 111.317 49.661
201809 36.895 115.142 49.037
201812 39.543 115.142 52.556
201903 39.107 118.202 50.631
201906 40.243 120.880 50.948
201909 41.241 123.175 51.238
201912 0.000 126.235 0.000
202003 44.910 124.705 55.112
202006 44.878 127.000 54.078
202009 45.892 130.118 53.975
202012 48.235 130.889 56.396
202103 48.721 131.771 56.583
202106 48.801 134.084 55.698
202109 49.891 135.847 56.203
202112 50.973 138.161 56.461
202203 53.426 138.822 58.896
202206 54.219 142.347 58.290
202209 55.593 144.661 58.811
202212 58.216 145.763 61.120
202303 61.454 146.865 64.036
202306 62.723 150.280 63.873
202312 0.000 152.924 0.000
202403 69.978 153.035 69.978

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


Vinyoflex  (BOM:530401) 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.

Vinyoflex's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.81/51.25
=1.60

* 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 Vinyoflex was 2.15. The lowest was 0.51. And the median was 0.82.


Be Aware

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


Vinyoflex Cyclically Adjusted Book per Share Related Terms

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


Vinyoflex (BOM:530401) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tagore Road, 307, Silver Chamber, Rajkot, GJ, IND, 360 002
Vinyoflex Ltd is a manufacturer of polyvinyl chloride (PVC) sheetings. The company's product range includes PVC films and sheets both plain and printed, flexible rigid and semi rigid for application such as rainwear, shower curtains, file cover, table covers, car matt, stationery products, cable wrap tape, insulation tape, vinyl wall cover, blood bag, urine bag, and others.

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