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Photoquip India (BOM:526588) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Photoquip India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Photoquip India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Photoquip India'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.

Photoquip India Cyclically Adjusted PB Ratio Chart

Photoquip India 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 - - 0.10 0.25 0.31

Photoquip India 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 - 0.31 - 0.39 -

Competitive Comparison of Photoquip India's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Photoquip India'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.


Photoquip India's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Photoquip India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Photoquip India 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.

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

For example, Photoquip India'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.

Photoquip India Quarterly Data

Book Value per Share CPI Adj_Book
201403 61.256 91.425 102.461
201406 0.000 94.103 0.000
201409 60.292 96.780 95.268
201412 0.000 96.780 0.000
201503 54.938 97.163 86.467
201506 0.000 99.841 0.000
201509 52.219 101.753 78.480
201512 0.000 102.901 0.000
201603 47.392 102.518 70.694
201606 0.000 105.961 0.000
201609 45.597 105.961 65.806
201612 0.000 105.196 0.000
201703 43.811 105.196 63.688
201706 0.000 107.109 0.000
201709 41.618 109.021 58.378
201712 0.000 109.404 0.000
201803 42.020 109.786 58.531
201806 0.000 111.317 0.000
201809 41.667 115.142 55.340
201812 0.000 115.142 0.000
201903 39.215 118.202 50.735
201906 0.000 120.880 0.000
201909 37.963 123.175 47.132
201912 0.000 126.235 0.000
202003 33.596 124.705 41.198
202006 0.000 127.000 0.000
202009 32.801 130.118 38.550
202012 0.000 130.889 0.000
202103 29.030 131.771 33.690
202106 0.000 134.084 0.000
202109 28.671 135.847 32.275
202112 0.000 138.161 0.000
202203 24.149 138.822 26.602
202206 0.000 142.347 0.000
202209 19.685 144.661 20.809
202212 0.000 145.763 0.000
202303 15.603 146.865 16.247
202306 0.000 150.280 0.000
202309 13.319 151.492 13.445
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.


Photoquip India  (BOM:526588) 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.


Photoquip India Cyclically Adjusted PB Ratio Related Terms

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Photoquip India (BOM:526588) Business Description

Traded in Other Exchanges
N/A
Address
Vidyalankar College Road, 10/116, Salt Pan Division, Lloyds Compound, Antop Hill, Wadala (East), Mumbai, MH, IND, 400037
Photoquip India Ltd is engaged in the business of manufacturing Digital Studio Flash Lights and Photographic Accessories. The Company sells its products in the domestic as well as export markets. Company has one operating segment i.e. Digital Studio Flash-Lights and Photographic Accessories.

Photoquip India (BOM:526588) Headlines

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