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Sapphire Fibres (KAR:SFL) Cyclically Adjusted Book per Share : ₨1,473.52 (As of Mar. 2024)


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What is Sapphire Fibres 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.

Sapphire Fibres's adjusted book value per share for the three months ended in Mar. 2024 was ₨2,204.108. 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 ₨1,473.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sapphire Fibres's average Cyclically Adjusted Book Growth Rate was 10.00% 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 (2024-06-07), Sapphire Fibres's current stock price is ₨1437.20. Sapphire Fibres's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨1,473.52. Sapphire Fibres's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Sapphire Fibres was 1.34. The lowest was 0.73. And the median was 0.89.


Sapphire Fibres Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sapphire Fibres'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.

Sapphire Fibres Cyclically Adjusted Book per Share Chart

Sapphire Fibres 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 - - - - 1,384.37

Sapphire Fibres 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 1,339.77 1,384.37 1,414.50 1,428.77 1,473.52

Competitive Comparison of Sapphire Fibres's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Sapphire Fibres'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.


Sapphire Fibres's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Sapphire Fibres 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, Sapphire Fibres'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)
=2204.108/131.7762*131.7762
=2,204.108

Current CPI (Mar. 2024) = 131.7762.

Sapphire Fibres Quarterly Data

Book Value per Share CPI Adj_Book
201406 812.007 100.560 1,064.078
201409 820.326 100.428 1,076.390
201412 850.669 99.070 1,131.506
201503 822.070 99.621 1,087.413
201506 866.564 100.684 1,134.169
201509 853.728 100.392 1,120.623
201512 849.857 99.792 1,122.239
201603 853.813 100.470 1,119.855
201606 919.758 101.688 1,191.902
201609 956.259 101.861 1,237.099
201612 1,019.581 101.863 1,318.996
201703 1,038.725 102.862 1,330.705
201706 1,039.524 103.349 1,325.454
201709 986.205 104.136 1,247.972
201712 981.178 104.011 1,243.097
201803 1,064.641 105.290 1,332.463
201806 1,031.081 106.317 1,277.991
201809 1,053.002 106.507 1,302.834
201812 1,033.338 105.998 1,284.642
201903 1,089.493 107.251 1,338.635
201906 1,094.403 108.070 1,334.477
201909 1,136.197 108.329 1,382.115
201912 1,232.595 108.420 1,498.123
202003 1,147.210 108.902 1,388.181
202006 1,195.432 108.767 1,448.317
202009 1,290.169 109.815 1,548.183
202012 1,338.215 109.897 1,604.641
202103 1,363.698 111.754 1,608.017
202106 1,416.458 114.631 1,628.310
202109 1,470.680 115.734 1,674.531
202112 1,556.327 117.630 1,743.499
202203 1,618.724 121.301 1,758.512
202206 1,694.781 125.017 1,786.414
202209 1,768.082 125.227 1,860.558
202212 1,790.087 125.222 1,883.784
202303 1,900.235 127.348 1,966.314
202306 1,985.316 128.729 2,032.316
202309 2,079.459 129.860 2,110.151
202312 2,153.017 129.419 2,192.225
202403 2,204.108 131.776 2,204.108

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


Sapphire Fibres  (KAR:SFL) 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.

Sapphire Fibres's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1437.20/1473.52
=0.98

* 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 Sapphire Fibres was 1.34. The lowest was 0.73. And the median was 0.89.


Be Aware

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


Sapphire Fibres Cyclically Adjusted Book per Share Related Terms

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


Sapphire Fibres (KAR:SFL) Business Description

Traded in Other Exchanges
N/A
Address
73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK
Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim and Power.

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