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CLC Industries (BOM:521082) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is CLC Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CLC Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CLC 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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CLC Industries Cyclically Adjusted PB Ratio Chart

CLC Industries Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 - - - -

CLC Industries Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23
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 0.99 - - - -

Competitive Comparison of CLC Industries's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, CLC 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.


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

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

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



CLC 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.

CLC Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, CLC Industries's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-6107.554/146.8646*146.8646
=-6,107.554

Current CPI (Mar23) = 146.8646.

CLC Industries Annual Data

Book Value per Share CPI Adj_Book
201203 -2,150.465 76.889 -4,107.589
201303 -2,750.688 85.687 -4,714.586
201403 -2,435.580 91.425 -3,912.506
201503 -3,134.550 97.163 -4,737.965
201603 -4,304.907 102.518 -6,167.079
201703 -7,684.568 105.196 -10,728.459
201803 -8,771.533 109.786 -11,733.946
201903 -9,518.715 118.202 -11,826.882
202203 -5,985.646 138.822 -6,332.431
202303 -6,107.554 146.865 -6,107.554

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.


CLC Industries  (BOM:521082) 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.


CLC Industries Cyclically Adjusted PB Ratio Related Terms

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CLC Industries (BOM:521082) Business Description

Traded in Other Exchanges
Address
A-60, Okhla Industrial Area, Phase - II, New Delhi, IND, 110020
CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are Textile Manufacturing, Textile Trading, and Other Trading. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.

CLC Industries (BOM:521082) Headlines

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