GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sree Jayalakshmi Autospin Ltd (BOM:530037) » Definitions » Cyclically Adjusted PB Ratio

Sree Jayalakshmi Autospin (BOM:530037) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Sree Jayalakshmi Autospin Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sree Jayalakshmi Autospin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sree Jayalakshmi Autospin'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.

Sree Jayalakshmi Autospin Cyclically Adjusted PB Ratio Chart

Sree Jayalakshmi Autospin 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 - - - - -

Sree Jayalakshmi Autospin Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - -

Competitive Comparison of Sree Jayalakshmi Autospin's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Sree Jayalakshmi Autospin'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.


Sree Jayalakshmi Autospin's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sree Jayalakshmi Autospin's Cyclically Adjusted PB Ratio falls into.



Sree Jayalakshmi Autospin 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.

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

For example, Sree Jayalakshmi Autospin'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)
=3.138/152.9243*152.9243
=3.138

Current CPI (Dec. 2023) = 152.9243.

Sree Jayalakshmi Autospin Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 0.970 96.780 1.533
201412 0.167 96.780 0.264
201503 -0.051 97.163 -0.080
201506 0.000 99.841 0.000
201509 -0.258 101.753 -0.388
201512 0.000 102.901 0.000
201603 -1.704 102.518 -2.542
201606 0.000 105.961 0.000
201609 -1.484 105.961 -2.142
201612 0.000 105.196 0.000
201703 -2.677 105.196 -3.892
201706 -2.621 107.109 -3.742
201709 -2.591 109.021 -3.634
201712 0.000 109.404 0.000
201803 -2.593 109.786 -3.612
201806 0.000 111.317 0.000
201809 -2.522 115.142 -3.350
201812 0.000 115.142 0.000
201903 -1.755 118.202 -2.271
201906 0.000 120.880 0.000
201909 -1.485 123.175 -1.844
201912 -2.264 126.235 -2.743
202003 -2.652 124.705 -3.252
202006 0.000 127.000 0.000
202009 -1.907 130.118 -2.241
202012 -3.383 130.889 -3.953
202103 -3.711 131.771 -4.307
202106 -4.018 134.084 -4.583
202109 -3.656 135.847 -4.116
202112 -3.693 138.161 -4.088
202203 -3.978 138.822 -4.382
202206 -4.021 142.347 -4.320
202209 -4.062 144.661 -4.294
202212 -4.058 145.763 -4.257
202303 -4.111 146.865 -4.281
202309 -4.569 151.492 -4.612
202312 3.138 152.924 3.138

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.


Sree Jayalakshmi Autospin  (BOM:530037) 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.


Sree Jayalakshmi Autospin Cyclically Adjusted PB Ratio Related Terms

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


Sree Jayalakshmi Autospin (BOM:530037) Business Description

Traded in Other Exchanges
N/A
Address
Sanjana Davangere Road, Chitradurga, KA, IND, 577501
Sree Jayalakshmi Autospin Ltd is an India-based company engaged in the business of Cotton Trading, and Cotton Seeds. The main activities of the company are Ginning and Cotton Trading. Company has three segments Cotton Yarns, Cotton Lint, Others. The cotton is purchased from farmers from APMC yards and sold to spinning mills in South India and cotton seeds are sold to oil units in Karnataka and other states.

Sree Jayalakshmi Autospin (BOM:530037) Headlines

No Headlines