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Govind Rubber (BOM:509148) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Govind Rubber Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Govind Rubber Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Govind Rubber'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.

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Govind Rubber Cyclically Adjusted PB Ratio Chart

Govind Rubber Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PB Ratio
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Govind Rubber Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Govind Rubber's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Govind Rubber'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.


Govind Rubber's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Govind Rubber 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.

Govind Rubber's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Govind Rubber's adjusted Book Value per Share data for the fiscal year that ended in Mar20 was:

Adj_Book=Book Value per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=22.521/124.7051*124.7051
=22.521

Current CPI (Mar20) = 124.7051.

Govind Rubber Annual Data

Book Value per Share CPI Adj_Book
201103 8.864 70.768 15.620
201203 13.152 76.889 21.331
201303 12.666 85.687 18.434
201403 14.748 91.425 20.117
201503 14.579 97.163 18.712
201603 14.639 102.518 17.807
201703 10.624 105.196 12.594
201803 10.373 109.786 11.783
201903 -52.317 118.202 -55.195
202003 22.521 124.705 22.521

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.


Govind Rubber  (BOM:509148) 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.


Govind Rubber Cyclically Adjusted PB Ratio Related Terms

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Govind Rubber (BOM:509148) Business Description

Traded in Other Exchanges
N/A
Address
72, N.M.Joshi Marg, Sitaram Mill Compound, 418, Creative Industrial Estate, Lower Parel, Mumbai, MH, IND, 400 011
Govind Rubber Ltd manufactures bicycle tire in India. The company is engaged in the manufacturing of bicycle & auto tires and tubes. It manufactures tyres and tubes for two/ three wheelers and markets mountain bike tyres. It offers tires, such as Road/City/Tour, all-terrain bicycle (ATB), mountain bicycle (MTB), Race, bicycle motocross (BMX) and Wheel Chair. It offers tubes, such as Butyl and natural rubber (NR) tubes, valves and packaging. It offers tires for multirole use, such as dirt tracks, rough terrain, and mountainous terrain.

Govind Rubber (BOM:509148) Headlines

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