GURUFOCUS.COM » STOCK LIST » Technology » Software » Accelya Solutions India Ltd (NSE:ACCELYA) » Definitions » Cyclically Adjusted Book per Share

Accelya Solutions India (NSE:ACCELYA) Cyclically Adjusted Book per Share : ₹172.06 (As of Jun. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Accelya Solutions India 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.

Accelya Solutions India's adjusted book value per share for the three months ended in Jun. 2024 was ₹189.503. 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 ₹172.06 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Accelya Solutions India's 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.

As of today (2024-10-09), Accelya Solutions India's current stock price is ₹1674.75. Accelya Solutions India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₹172.06. Accelya Solutions India's Cyclically Adjusted PB Ratio of today is 9.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Accelya Solutions India was 12.01. The lowest was 5.46. And the median was 9.41.


Accelya Solutions India Cyclically Adjusted Book per Share Historical Data

The historical data trend for Accelya Solutions India'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.

Accelya Solutions India Cyclically Adjusted Book per Share Chart

Accelya Solutions India Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 160.84 161.22 172.06

Accelya Solutions India Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 161.22 - 165.45 - 172.06

Competitive Comparison of Accelya Solutions India's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Accelya Solutions India'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.


Accelya Solutions India's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Accelya Solutions India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Accelya Solutions India's Cyclically Adjusted PB Ratio falls into.



Accelya Solutions India 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, Accelya Solutions India's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=189.503/155.7889*155.7889
=189.503

Current CPI (Jun. 2024) = 155.7889.

Accelya Solutions India Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 96.780 0.000
201412 95.682 96.780 154.021
201503 0.000 97.163 0.000
201506 77.096 99.841 120.299
201509 0.000 101.753 0.000
201512 100.979 102.901 152.879
201603 0.000 102.518 0.000
201606 75.794 105.961 111.436
201609 0.000 105.961 0.000
201612 104.716 105.196 155.078
201703 0.000 105.196 0.000
201706 121.252 107.109 176.360
201709 0.000 109.021 0.000
201712 105.141 109.404 149.719
201803 0.000 109.786 0.000
201806 120.318 111.317 168.387
201809 0.000 115.142 0.000
201812 118.480 115.142 160.305
201903 0.000 118.202 0.000
201906 132.358 120.880 170.582
201909 0.000 123.175 0.000
201912 157.558 126.235 194.445
202003 0.000 124.705 0.000
202006 163.976 127.000 201.146
202009 0.000 130.118 0.000
202012 174.046 130.889 207.156
202103 0.000 131.771 0.000
202106 159.829 134.084 185.701
202109 0.000 135.847 0.000
202112 162.940 138.161 183.730
202203 0.000 138.822 0.000
202206 175.991 142.347 192.609
202209 0.000 144.661 0.000
202212 170.362 145.763 182.080
202303 0.000 146.865 0.000
202306 180.913 150.280 187.545
202309 0.000 151.492 0.000
202312 193.575 152.924 197.201
202403 0.000 153.035 0.000
202406 189.503 155.789 189.503

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


Accelya Solutions India  (NSE:ACCELYA) 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.

Accelya Solutions India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1674.75/172.06
=9.73

* 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 Accelya Solutions India was 12.01. The lowest was 5.46. And the median was 9.41.


Be Aware

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


Accelya Solutions India Cyclically Adjusted Book per Share Related Terms

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


Accelya Solutions India Business Description

Industry
Traded in Other Exchanges
Address
Satara Road, Accelya Enclave, 685/2B & 2C, 1st Floor, Sharada Arcade, Pune, MH, IND, 411 037
Accelya Solutions India Ltd is a software solutions provider to the airline and travel industry. It is involved in computer programming, consultancy, and related activities. It operates in a single business segment namely travel and transportation vertical. Its geographical segments are the Asia Pacific, including India, New Zealand, Japan, and Australia; the Middle East and Africa, including, Mauritius, Zimbabwe, Kenya and Tanzania; Americas, including the United States and Canada, and Europe, including Holland, France, and Portugal. The company delivers software products, managed processes, technology, and hosting services.

Accelya Solutions India Headlines

No Headlines