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Kush Industries (BOM:514240) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Kush Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kush Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kush Industries'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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Kush Industries Cyclically Adjusted PB Ratio Chart

Kush Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Kush Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Kush Industries's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Kush Industries'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.


Kush Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kush Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kush Industries 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.

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

For example, Kush Industries'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.

Kush Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 -1.508 91.425 -2.522
201406 0.000 94.103 0.000
201409 -1.666 96.780 -2.632
201412 0.000 96.780 0.000
201503 -2.004 97.163 -3.154
201506 0.000 99.841 0.000
201509 -2.127 101.753 -3.197
201512 0.000 102.901 0.000
201603 -7.401 102.518 -11.040
201606 0.000 105.961 0.000
201609 -2.465 105.961 -3.558
201612 0.000 105.196 0.000
201703 -8.239 105.196 -11.977
201706 0.000 107.109 0.000
201709 -2.936 109.021 -4.118
201712 0.000 109.404 0.000
201803 -8.386 109.786 -11.681
201806 0.000 111.317 0.000
201809 -8.421 115.142 -11.184
201812 0.000 115.142 0.000
201903 -8.545 118.202 -11.055
201906 0.000 120.880 0.000
201909 -8.696 123.175 -10.796
201912 0.000 126.235 0.000
202003 -7.628 124.705 -9.354
202006 0.000 127.000 0.000
202009 -7.742 130.118 -9.099
202012 0.000 130.889 0.000
202103 -7.817 131.771 -9.072
202106 0.000 134.084 0.000
202109 -7.898 135.847 -8.891
202112 0.000 138.161 0.000
202203 -6.201 138.822 -6.831
202206 0.000 142.347 0.000
202209 -6.247 144.661 -6.604
202212 0.000 145.763 0.000
202303 -6.289 146.865 -6.548
202306 0.000 150.280 0.000
202309 -6.289 151.492 -6.348
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.


Kush Industries  (BOM:514240) 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.


Kush Industries Cyclically Adjusted PB Ratio Related Terms

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Kush Industries (BOM:514240) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.129, G.I.D.C. Estate, Near J. B. Chemicals, Bharuch District, Ankleshwar, GJ, IND, 393 002
Kush Industries Ltd manufactures, sells, and exports cotton fabrics and Made-ups products in India. The company's operating segment includes Weaving and Ceramics. It generates maximum revenue from the Weaving segment. The company's product categories include table linen; kitchen linen; bed linen; living linen and others.

Kush Industries (BOM:514240) Headlines

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