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Allied Digital Services (BOM:532875) Cyclically Adjusted Book per Share : ₹129.32 (As of Mar. 2024)


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What is Allied Digital Services 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.

Allied Digital Services's adjusted book value per share for the three months ended in Mar. 2024 was ₹104.641. 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 ₹129.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Allied Digital Services's average Cyclically Adjusted Book Growth Rate was -6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Allied Digital Services was -6.60% per year. The lowest was -6.70% per year. And the median was -6.65% per year.

As of today (2024-06-10), Allied Digital Services's current stock price is ₹145.80. Allied Digital Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹129.32. Allied Digital Services's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allied Digital Services was 1.18. The lowest was 0.07. And the median was 0.69.


Allied Digital Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allied Digital Services'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.

Allied Digital Services Cyclically Adjusted Book per Share Chart

Allied Digital Services 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 169.02 159.42 144.85 137.56 129.32

Allied Digital Services 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 137.56 - 135.00 - 129.32

Competitive Comparison of Allied Digital Services's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Allied Digital Services'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.


Allied Digital Services's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Allied Digital Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Allied Digital Services 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, Allied Digital Services'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)
=104.641/153.0345*153.0345
=104.641

Current CPI (Mar. 2024) = 153.0345.

Allied Digital Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 143.407 96.780 226.763
201412 0.000 96.780 0.000
201503 143.162 97.163 225.484
201506 0.000 99.841 0.000
201509 139.310 101.753 209.519
201512 0.000 102.901 0.000
201603 87.988 102.518 131.344
201606 0.000 105.961 0.000
201609 89.305 105.961 128.979
201612 0.000 105.196 0.000
201703 88.030 105.196 128.062
201706 0.000 107.109 0.000
201709 84.061 109.021 117.997
201712 0.000 109.404 0.000
201803 84.403 109.786 117.652
201806 0.000 111.317 0.000
201809 85.285 115.142 113.352
201812 0.000 115.142 0.000
201903 87.004 118.202 112.643
201906 0.000 120.880 0.000
201909 88.980 123.175 110.550
201912 0.000 126.235 0.000
202003 90.902 124.705 111.552
202006 0.000 127.000 0.000
202009 91.906 130.118 108.093
202012 0.000 130.889 0.000
202103 92.814 131.771 107.792
202106 0.000 134.084 0.000
202109 98.530 135.847 110.996
202112 0.000 138.161 0.000
202203 98.031 138.822 108.068
202206 0.000 142.347 0.000
202209 103.274 144.661 109.252
202212 0.000 145.763 0.000
202303 97.734 146.865 101.840
202306 0.000 150.280 0.000
202309 100.875 151.492 101.902
202312 0.000 152.924 0.000
202403 104.641 153.035 104.641

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


Allied Digital Services  (BOM:532875) 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.

Allied Digital Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=145.80/129.32
=1.13

* 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 Allied Digital Services was 1.18. The lowest was 0.07. And the median was 0.69.


Be Aware

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


Allied Digital Services Cyclically Adjusted Book per Share Related Terms

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


Allied Digital Services (BOM:532875) Business Description

Industry
Traded in Other Exchanges
Address
NCPA Road, Block No. III, Nariman Point, Premises No. 13A, 13th Floor, Earnest House, Backbay Reclamation, Mumbai, MH, IND, 400 021
Allied Digital Services Ltd is an Indian-based information technology service and solutions offering company. The company provides a wide range of information technology and consultancy services such as infrastructure services, end-user IT support, IT asset lifecycle, enterprise applications, and integrated solutions. The business activity of the firm is operated through the Enterprise Computing based Solutions and Infrastructure Management based Solutions segments. Geographically the business presence of the firm is seen across the region of India, the United States, the UK, Singapore, Australia, Ireland, Brazil, Japan, and China.

Allied Digital Services (BOM:532875) Headlines

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