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Samvardhana Motherson International (NSE:MOTHERSON) Cyclically Adjusted Book per Share : ₹26.74 (As of Mar. 2024)


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What is Samvardhana Motherson International 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.

Samvardhana Motherson International's adjusted book value per share for the three months ended in Mar. 2024 was ₹38.597. 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 ₹26.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Samvardhana Motherson International's average Cyclically Adjusted Book Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% 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 Samvardhana Motherson International was 22.40% per year. The lowest was 17.20% per year. And the median was 19.80% per year.

As of today (2024-06-07), Samvardhana Motherson International's current stock price is ₹152.45. Samvardhana Motherson International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹26.74. Samvardhana Motherson International's Cyclically Adjusted PB Ratio of today is 5.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Samvardhana Motherson International was 6.22. The lowest was 1.77. And the median was 3.78.


Samvardhana Motherson International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Samvardhana Motherson International'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.

Samvardhana Motherson International Cyclically Adjusted Book per Share Chart

Samvardhana Motherson International 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 12.69 16.62 20.38 23.25 26.74

Samvardhana Motherson International 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 23.25 - 25.11 - 26.74

Competitive Comparison of Samvardhana Motherson International's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Samvardhana Motherson International'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.


Samvardhana Motherson International's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Samvardhana Motherson International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Samvardhana Motherson International 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, Samvardhana Motherson International'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)
=38.597/153.0345*153.0345
=38.597

Current CPI (Mar. 2024) = 153.0345.

Samvardhana Motherson International Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 7.432 96.780 11.752
201412 0.000 96.780 0.000
201503 8.359 97.163 13.166
201506 0.000 99.841 0.000
201509 8.682 101.753 13.058
201512 0.000 102.901 0.000
201603 9.849 102.518 14.702
201606 0.000 105.961 0.000
201609 15.967 105.961 23.060
201612 0.000 105.196 0.000
201703 17.464 105.196 25.406
201706 0.000 107.109 0.000
201709 18.581 109.021 26.082
201712 0.000 109.404 0.000
201803 20.866 109.786 29.086
201806 0.000 111.317 0.000
201809 22.466 115.142 29.859
201812 0.000 115.142 0.000
201903 23.143 118.202 29.963
201906 0.000 120.880 0.000
201909 23.270 123.175 28.911
201912 0.000 126.235 0.000
202003 23.773 124.705 29.174
202006 0.000 127.000 0.000
202009 23.119 130.118 27.191
202012 0.000 130.889 0.000
202103 26.516 131.771 30.795
202106 0.000 134.084 0.000
202109 26.723 135.847 30.104
202112 0.000 138.161 0.000
202203 30.382 138.822 33.493
202206 0.000 142.347 0.000
202209 30.546 144.661 32.314
202212 0.000 145.763 0.000
202303 33.132 146.865 34.524
202306 0.000 150.280 0.000
202309 33.256 151.492 33.595
202312 0.000 152.924 0.000
202403 38.597 153.035 38.597

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


Samvardhana Motherson International  (NSE:MOTHERSON) 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.

Samvardhana Motherson International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=152.45/26.74
=5.70

* 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 Samvardhana Motherson International was 6.22. The lowest was 1.77. And the median was 3.78.


Be Aware

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


Samvardhana Motherson International Cyclically Adjusted Book per Share Related Terms

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


Samvardhana Motherson International (NSE:MOTHERSON) Business Description

Traded in Other Exchanges
Address
Noida-Greater Noida Expressway, 11th Floor, Plot No. 1, Sector-127, Noida, UP, IND, 201301
Samvardhana Motherson International Ltd is a manufacturer of automotive wiring harnesses and plastic components and modules. The products include wiring harnesses, mirrors for passenger cars, injection molded products, modules including dashboards, door trims, bumpers, blow moulded components, liquid silicone rubber molded components, injection molding tools, extruded rubber products, precision machined metal components, and waste recycling systems. The Company has Four reportable segments such as Wiring Harness, Modules and polymer products, Vision systems and Emerging businesses. The Company makes majority of the revenue from Modules and polymer products segment which is engaged in manufacturing and supplies of plastic parts and system modules for vehicle interiors and exteriors.

Samvardhana Motherson International (NSE:MOTHERSON) Headlines

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