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Gujarat State Fertilizers & Chemicals (NSE:GSFC) Cyclically Adjusted Book per Share : ₹245.47 (As of Mar. 2024)


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What is Gujarat State Fertilizers & Chemicals 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.

Gujarat State Fertilizers & Chemicals's adjusted book value per share for the three months ended in Mar. 2024 was ₹319.390. 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 ₹245.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gujarat State Fertilizers & Chemicals's average Cyclically Adjusted Book Growth Rate was -100.00% 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 (2024-05-24), Gujarat State Fertilizers & Chemicals's current stock price is ₹222.25. Gujarat State Fertilizers & Chemicals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹245.47. Gujarat State Fertilizers & Chemicals's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gujarat State Fertilizers & Chemicals was 1.04. The lowest was 0.56. And the median was 0.78.


Gujarat State Fertilizers & Chemicals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gujarat State Fertilizers & Chemicals'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.

Gujarat State Fertilizers & Chemicals Cyclically Adjusted Book per Share Chart

Gujarat State Fertilizers & Chemicals 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 - - 173.66 211.03 245.47

Gujarat State Fertilizers & Chemicals 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 211.03 - 231.31 - 245.47

Competitive Comparison of Gujarat State Fertilizers & Chemicals's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Gujarat State Fertilizers & Chemicals'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.


Gujarat State Fertilizers & Chemicals's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Gujarat State Fertilizers & Chemicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat State Fertilizers & Chemicals's Cyclically Adjusted PB Ratio falls into.



Gujarat State Fertilizers & Chemicals 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, Gujarat State Fertilizers & Chemicals'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)
=319.39/153.0345*153.0345
=319.390

Current CPI (Mar. 2024) = 153.0345.

Gujarat State Fertilizers & Chemicals Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 98.917 85.687 176.663
201306 0.000 88.365 0.000
201309 101.599 91.042 170.779
201312 0.000 91.425 0.000
201403 105.972 91.425 177.385
201406 0.000 94.103 0.000
201409 110.464 96.780 174.672
201412 0.000 96.780 0.000
201503 136.628 97.163 215.193
201506 0.000 99.841 0.000
201603 139.148 102.518 207.714
201703 166.106 105.196 241.644
201803 183.283 109.786 255.484
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 183.716 118.202 237.854
201906 0.000 120.880 0.000
201909 179.609 123.175 223.149
201912 0.000 126.235 0.000
202003 172.191 124.705 211.308
202006 0.000 127.000 0.000
202009 192.022 130.118 225.841
202012 0.000 130.889 0.000
202103 231.887 131.771 269.307
202106 0.000 134.084 0.000
202109 258.798 135.847 291.541
202112 0.000 138.161 0.000
202203 295.430 138.822 325.676
202206 0.000 142.347 0.000
202209 295.415 144.661 312.514
202212 0.000 145.763 0.000
202303 302.146 146.865 314.839
202306 0.000 150.280 0.000
202309 309.776 151.492 312.930
202312 0.000 152.924 0.000
202403 319.390 153.035 319.390

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


Gujarat State Fertilizers & Chemicals  (NSE:GSFC) 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.

Gujarat State Fertilizers & Chemicals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=222.25/245.47
=0.91

* 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 Gujarat State Fertilizers & Chemicals was 1.04. The lowest was 0.56. And the median was 0.78.


Be Aware

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


Gujarat State Fertilizers & Chemicals Cyclically Adjusted Book per Share Related Terms

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


Gujarat State Fertilizers & Chemicals (NSE:GSFC) Business Description

Traded in Other Exchanges
Address
P.O. Fertilizernagar, Vadodara, GJ, IND, 391750
Gujarat State Fertilizers & Chemicals Ltd is a manufacturer of fertilizers and chemicals. It is structured into two operating business segments: Fertilizer Products and Industrial Products. The company operates mainly in the Indian market and there are no reportable geographical segments. It derives the majority of its revenue from the Fertilizer products segment. The products and services covered under its Fertilizer segment include Urea, Ammonium Sulphate, Di-ammonium Phosphate, Ammonium Phosphate Sulphate, and traded fertilizer products. The Industrial Products consist of Caprolactam, Nylon-6, Nylon Filament Yarn, Nylon Chips, Melamine, Methanol, and Polymer products.

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