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Alltex Industries (DHA:ALLTEX) Cyclically Adjusted Book per Share : BDT18.53 (As of Mar. 2024)


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What is Alltex Industries 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.

Alltex Industries's adjusted book value per share for the three months ended in Mar. 2024 was BDT5.334. 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 BDT18.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alltex Industries'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 (2024-06-09), Alltex Industries's current stock price is BDT16.50. Alltex Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT18.53. Alltex Industries's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Alltex Industries was 1.22. The lowest was 0.65. And the median was 0.94.


Alltex Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alltex Industries'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.

Alltex Industries Cyclically Adjusted Book per Share Chart

Alltex Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 18.55

Alltex Industries 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 18.48 18.70 18.55 18.54 18.53

Competitive Comparison of Alltex Industries's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Alltex Industries'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.


Alltex Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Alltex Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alltex Industries 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, Alltex Industries'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)
=5.334/131.7762*131.7762
=5.334

Current CPI (Mar. 2024) = 131.7762.

Alltex Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.147 99.695 8.125
201406 9.569 100.560 12.540
201409 0.000 100.428 0.000
201412 10.521 99.070 13.994
201503 10.909 99.621 14.430
201506 27.498 100.684 35.990
201509 27.967 100.392 36.710
201512 28.595 99.792 37.760
201603 28.229 100.470 37.025
201606 27.643 101.688 35.822
201609 27.267 101.861 35.275
201612 26.887 101.863 34.783
201703 26.134 102.862 33.480
201706 25.516 103.349 32.534
201709 24.353 104.136 30.817
201712 22.474 104.011 28.473
201803 19.989 105.290 25.017
201806 18.136 106.317 22.479
201809 16.285 106.507 20.149
201812 15.143 105.998 18.826
201903 13.333 107.251 16.382
201906 21.252 108.070 25.914
201909 10.612 108.329 12.909
201912 9.162 108.420 11.136
202003 7.802 108.902 9.441
202006 10.944 108.767 13.259
202009 14.632 109.815 17.558
202012 13.501 109.897 16.189
202103 11.672 111.754 13.763
202106 5.865 114.631 6.742
202109 4.622 115.734 5.263
202112 5.985 117.630 6.705
202203 5.948 121.301 6.462
202206 8.749 125.017 9.222
202209 6.784 125.227 7.139
202212 6.799 125.222 7.155
202303 6.838 127.348 7.076
202306 5.499 128.729 5.629
202312 5.028 129.419 5.120
202403 5.334 131.776 5.334

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


Alltex Industries  (DHA:ALLTEX) 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.

Alltex Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.50/18.53
=0.89

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Alltex Industries was 1.22. The lowest was 0.65. And the median was 0.94.


Be Aware

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


Alltex Industries Cyclically Adjusted Book per Share Related Terms

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


Alltex Industries (DHA:ALLTEX) Business Description

Traded in Other Exchanges
N/A
Address
Alltex Industrial Park, Ariabo, Barpa, Rupgonj, Narayangonj, BGD
Alltex Industries Ltd engaged in dyeing, finishing, and printing gray fabrics towards making Home Textile products for export. Its products include pigment & reactive prints & dyed duvet covers, flat sheets, fitted sheets, frilled valance sheets, platform balances, curtains, pelmets, comforter shells, dust ruffles, window valances, pillowcases, shams, and other home textile products. It is also in the process of establishing the Footwear business.

Alltex Industries (DHA:ALLTEX) Headlines

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