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Sungold Capital (BOM:531433) Cyclically Adjusted PB Ratio : 0.15 (As of Jun. 08, 2024)


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What is Sungold Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Sungold Capital's current share price is ₹2.53. Sungold Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹16.71. Sungold Capital's Cyclically Adjusted PB Ratio for today is 0.15.

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

BOM:531433' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.18   Max: 0.2
Current: 0.15

During the past years, Sungold Capital's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.15. And the median was 0.18.

BOM:531433's Cyclically Adjusted PB Ratio is ranked better than
94.79% of 365 companies
in the Credit Services industry
Industry Median: 0.94 vs BOM:531433: 0.15

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.

Sungold Capital's adjusted book value per share data for the three months ended in Mar. 2024 was ₹12.013. 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 ₹16.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sungold Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sungold Capital'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.

Sungold Capital Cyclically Adjusted PB Ratio Chart

Sungold Capital 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 - - - - 0.18

Sungold Capital 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 - - - - 0.18

Competitive Comparison of Sungold Capital's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Sungold Capital'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.


Sungold Capital's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sungold Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sungold Capital 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.

Sungold Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.53/16.71
=0.15

* 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.

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

For example, Sungold Capital'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)
=12.013/153.0345*153.0345
=12.013

Current CPI (Mar. 2024) = 153.0345.

Sungold Capital Quarterly Data

Book Value per Share CPI Adj_Book
201003 11.081 65.030 26.077
201103 12.149 70.768 26.272
201203 11.187 76.889 22.266
201303 11.695 85.687 20.887
201403 11.736 91.425 19.645
201503 11.889 97.163 18.726
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 11.891 102.518 17.750
201609 11.932 105.961 17.233
201612 0.000 105.196 0.000
201703 11.907 105.196 17.322
201706 0.000 107.109 0.000
201709 11.928 109.021 16.743
201712 0.000 109.404 0.000
201803 11.909 109.786 16.600
201806 0.000 111.317 0.000
201809 11.941 115.142 15.871
201812 0.000 115.142 0.000
201903 11.928 118.202 15.443
201906 0.000 120.880 0.000
201909 11.962 123.175 14.862
201912 0.000 126.235 0.000
202003 11.944 124.705 14.657
202006 0.000 127.000 0.000
202009 11.975 130.118 14.084
202012 0.000 130.889 0.000
202103 11.961 131.771 13.891
202106 0.000 134.084 0.000
202109 11.992 135.847 13.509
202112 0.000 138.161 0.000
202203 11.980 138.822 13.207
202206 0.000 142.347 0.000
202209 12.007 144.661 12.702
202212 0.000 145.763 0.000
202303 11.995 146.865 12.499
202306 0.000 150.280 0.000
202309 12.022 151.492 12.144
202312 0.000 152.924 0.000
202403 12.013 153.035 12.013

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.


Sungold Capital  (BOM:531433) 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.


Sungold Capital Cyclically Adjusted PB Ratio Related Terms

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


Sungold Capital (BOM:531433) Business Description

Traded in Other Exchanges
N/A
Address
36, Shri Rang Residency, Ground Floor, Vadia, Narmada, Rajpipla, GJ, IND, 393145
Sungold Capital Ltd is a Non-Banking Finance Company. The company's operating segments include Entrainment, Software Development, and NBFC. It generates maximum revenue from the NBFC segment. It offers asset financing, term loans, channel financing and bill discounting, advisory services, wealth management, distribution of financial products, and leasing.

Sungold Capital (BOM:531433) Headlines

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