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Century Extrusions (BOM:500083) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Century Extrusions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Extrusions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Century Extrusions's Cyclically Adjusted PB Ratio 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.

Century Extrusions Cyclically Adjusted PB Ratio Chart

Century Extrusions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.65 1.53 1.14 -

Century Extrusions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.14 - 2.23 - -

Competitive Comparison of Century Extrusions's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Century Extrusions'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.


Century Extrusions's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Century Extrusions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Century Extrusions Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Century Extrusions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Century Extrusions'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)
=8.997/153.0345*153.0345
=8.997

Current CPI (Mar. 2024) = 153.0345.

Century Extrusions Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 4.554 96.780 7.201
201412 0.000 96.780 0.000
201503 4.625 97.163 7.285
201506 0.000 99.841 0.000
201509 4.683 101.753 7.043
201512 0.000 102.901 0.000
201603 4.728 102.518 7.058
201606 0.000 105.961 0.000
201609 4.835 105.961 6.983
201612 0.000 105.196 0.000
201703 4.936 105.196 7.181
201706 0.000 107.109 0.000
201709 5.090 109.021 7.145
201712 0.000 109.404 0.000
201803 5.355 109.786 7.464
201806 0.000 111.317 0.000
201809 5.768 115.142 7.666
201812 0.000 115.142 0.000
201903 5.858 118.202 7.584
201906 0.000 120.880 0.000
201909 6.168 123.175 7.663
201912 0.000 126.235 0.000
202003 6.306 124.705 7.739
202006 0.000 127.000 0.000
202009 6.055 130.118 7.121
202012 0.000 130.889 0.000
202103 6.609 131.771 7.676
202106 0.000 134.084 0.000
202109 6.984 135.847 7.868
202112 0.000 138.161 0.000
202203 7.405 138.822 8.163
202206 0.000 142.347 0.000
202209 7.899 144.661 8.356
202212 0.000 145.763 0.000
202303 8.144 146.865 8.486
202306 0.000 150.280 0.000
202309 8.776 151.492 8.865
202312 0.000 152.924 0.000
202403 8.997 153.035 8.997

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


Century Extrusions  (BOM:500083) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Century Extrusions Cyclically Adjusted PB Ratio Related Terms

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Century Extrusions (BOM:500083) Business Description

Traded in Other Exchanges
Address
113, Park Street, N Block, 2nd Floor, Kolkata, WB, IND, 700016
Century Extrusions Ltd is a manufacturer of aluminum extruded products. The company operates through two business segments namely the Manufacturing of Aluminium extruded products, and the Manufacturing of Power transmission and distribution line hardware products. The extruded products of the company are used for various applications, such as profiles for architectural, hardware, road transport - vehicles, railways, electrical and electronic applications, engineering applications, the automotive sector, consumer durables, defense, and irrigation. In addition, the company also supplies extruded and cold-drawn wires in coil form to be used as armor rods, detonator shell stock, lamp pin stock, metalizing wire, rivet stock, and welding filler wire.

Century Extrusions (BOM:500083) Headlines

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