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Gujarat Raffia Industries (BOM:523836) Cyclically Adjusted PB Ratio : 1.11 (As of Jun. 08, 2024)


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What is Gujarat Raffia Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Gujarat Raffia Industries's current share price is ₹42.27. Gujarat Raffia Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹38.06. Gujarat Raffia Industries's Cyclically Adjusted PB Ratio for today is 1.11.

The historical rank and industry rank for Gujarat Raffia Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:523836' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.01   Max: 2.28
Current: 1.08

During the past years, Gujarat Raffia Industries's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 0.68. And the median was 1.01.

BOM:523836's Cyclically Adjusted PB Ratio is ranked better than
69.22% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs BOM:523836: 1.08

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gujarat Raffia Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹38.266. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹38.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Raffia Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gujarat Raffia 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.

* Premium members only.

Gujarat Raffia Industries Cyclically Adjusted PB Ratio Chart

Gujarat Raffia Industries 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 - 1.42 1.00 0.69 1.14

Gujarat Raffia Industries 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 0.69 - 0.95 - 1.14

Competitive Comparison of Gujarat Raffia Industries's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Gujarat Raffia 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.


Gujarat Raffia Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gujarat Raffia Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gujarat Raffia 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.

Gujarat Raffia Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.27/38.06
=1.11

* 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.

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

For example, Gujarat Raffia Industries'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)
=38.266/153.0345*153.0345
=38.266

Current CPI (Mar. 2024) = 153.0345.

Gujarat Raffia Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 22.403 96.780 35.425
201412 0.000 96.780 0.000
201503 23.376 97.163 36.818
201506 0.000 99.841 0.000
201509 24.075 101.753 36.208
201512 0.000 102.901 0.000
201603 24.954 102.518 37.250
201606 0.000 105.961 0.000
201609 25.591 105.961 36.960
201612 0.000 105.196 0.000
201703 26.520 105.196 38.580
201706 0.000 107.109 0.000
201709 27.173 109.021 38.143
201712 0.000 109.404 0.000
201803 28.226 109.786 39.345
201806 0.000 111.317 0.000
201809 28.998 115.142 38.541
201812 0.000 115.142 0.000
201903 30.444 118.202 39.415
201906 0.000 120.880 0.000
201909 31.146 123.175 38.696
201912 0.000 126.235 0.000
202003 31.052 124.705 38.106
202006 0.000 127.000 0.000
202009 31.856 130.118 37.467
202012 0.000 130.889 0.000
202103 33.253 131.771 38.619
202106 0.000 134.084 0.000
202109 34.589 135.847 38.965
202112 0.000 138.161 0.000
202203 35.322 138.822 38.938
202206 0.000 142.347 0.000
202209 36.461 144.661 38.571
202212 0.000 145.763 0.000
202303 37.223 146.865 38.787
202306 0.000 150.280 0.000
202309 37.617 151.492 38.000
202312 0.000 152.924 0.000
202403 38.266 153.035 38.266

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.


Gujarat Raffia Industries  (BOM:523836) 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.


Gujarat Raffia Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Gujarat Raffia Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gujarat Raffia Industries (BOM:523836) Business Description

Traded in Other Exchanges
N/A
Address
Santej Vadsar Road, Plot No. 455, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382721
Gujarat Raffia Industries Ltd is engaged in the manufacture and sale of PE Tarpaulin, Plastic Sheeting, Ground Sheeting, Geomembrane, Tents, Shelters, Pond Lining, Canal Lining, Fumigation covers, HDPE Woven Bags, PP Woven Bags, Vermibed, Ropes, and others. It is used in Covers; Grain; Camping; Recreation; Transportation; Construction Sites; Automotive and other activities.

Gujarat Raffia Industries (BOM:523836) Headlines

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