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Remi Edelstahl Tubulars (BOM:513043) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Remi Edelstahl Tubulars Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Remi Edelstahl Tubulars Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Remi Edelstahl Tubulars'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.

Remi Edelstahl Tubulars Cyclically Adjusted PB Ratio Chart

Remi Edelstahl Tubulars Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.30 0.77 0.75

Remi Edelstahl Tubulars Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.75 - 0.81 -

Competitive Comparison of Remi Edelstahl Tubulars's Cyclically Adjusted PB Ratio

For the Steel subindustry, Remi Edelstahl Tubulars'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.


Remi Edelstahl Tubulars's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Remi Edelstahl Tubulars's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Remi Edelstahl Tubulars's Cyclically Adjusted PB Ratio falls into.



Remi Edelstahl Tubulars 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.

Remi Edelstahl Tubulars's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Remi Edelstahl Tubulars's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Remi Edelstahl Tubulars Quarterly Data

Book Value per Share CPI Adj_Book
201403 47.612 91.425 79.639
201406 0.000 94.103 0.000
201409 44.698 96.780 70.628
201412 0.000 96.780 0.000
201503 47.545 97.163 74.831
201506 0.000 99.841 0.000
201509 41.322 101.753 62.103
201512 0.000 102.901 0.000
201603 41.456 102.518 61.839
201606 0.000 105.961 0.000
201609 35.601 105.961 51.380
201612 0.000 105.196 0.000
201703 42.782 105.196 62.193
201706 0.000 107.109 0.000
201709 40.471 109.021 56.769
201712 0.000 109.404 0.000
201803 37.441 109.786 52.153
201806 0.000 111.317 0.000
201809 37.543 115.142 49.862
201812 0.000 115.142 0.000
201903 37.605 118.202 48.652
201906 0.000 120.880 0.000
201909 37.696 123.175 46.800
201912 0.000 126.235 0.000
202003 37.618 124.705 46.130
202006 0.000 127.000 0.000
202009 36.503 130.118 42.901
202012 0.000 130.889 0.000
202103 37.871 131.771 43.951
202106 0.000 134.084 0.000
202109 38.031 135.847 42.812
202112 0.000 138.161 0.000
202203 38.337 138.822 42.232
202206 0.000 142.347 0.000
202209 38.500 144.661 40.699
202212 0.000 145.763 0.000
202303 38.534 146.865 40.124
202306 0.000 150.280 0.000
202309 38.310 151.492 38.672
202312 0.000 152.924 0.000

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.


Remi Edelstahl Tubulars  (BOM:513043) 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.


Remi Edelstahl Tubulars Cyclically Adjusted PB Ratio Related Terms

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Remi Edelstahl Tubulars (BOM:513043) Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, Plot No. 11, Remi House, 11 Cama Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400 063
Remi Edelstahl Tubulars Ltd is engaged in the business of manufacturing Stainless Steel Pipes and Tubes. In addition, it is also involved in the sale of wind power and Stainless steel goods. The company caters to both domestic and international markets, of which key revenue is derived from the sales made in India.

Remi Edelstahl Tubulars (BOM:513043) Headlines

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