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IFL Enterprises (BOM:540377) Cyclically Adjusted PB Ratio : 2.19 (As of Jun. 09, 2024)


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What is IFL Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-09), IFL Enterprises's current share price is ₹1.77. IFL Enterprises's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹0.81. IFL Enterprises's Cyclically Adjusted PB Ratio for today is 2.19.

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

BOM:540377' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 10.07   Max: 12.03
Current: 2.15

During the past 12 years, IFL Enterprises's highest Cyclically Adjusted PB Ratio was 12.03. The lowest was 1.57. And the median was 10.07.

BOM:540377's Cyclically Adjusted PB Ratio is ranked worse than
73.47% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs BOM:540377: 2.15

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.

IFL Enterprises's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹0.712. 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 ₹0.81 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


IFL Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IFL Enterprises'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.

IFL Enterprises Cyclically Adjusted PB Ratio Chart

IFL Enterprises 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 - - - 10.25 1.45

IFL Enterprises Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 10.25 - - - 1.45

Competitive Comparison of IFL Enterprises's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, IFL Enterprises'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.


IFL Enterprises's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



IFL Enterprises 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.

IFL Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.77/0.81
=2.19

* 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.

IFL Enterprises's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, IFL Enterprises's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.712/153.0345*153.0345
=0.712

Current CPI (Mar24) = 153.0345.

IFL Enterprises Annual Data

Book Value per Share CPI Adj_Book
201503 0.865 97.163 1.362
201603 0.691 102.518 1.031
201703 0.517 105.196 0.752
201803 0.524 109.786 0.730
201903 0.527 118.202 0.682
202003 0.527 124.705 0.647
202103 0.539 131.771 0.626
202203 0.000 138.822 0.000
202303 0.695 146.865 0.724
202403 0.712 153.035 0.712

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.


IFL Enterprises  (BOM:540377) 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.


IFL Enterprises Cyclically Adjusted PB Ratio Related Terms

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


IFL Enterprises (BOM:540377) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Trade Center Radio Mirchi Roa, A-607, Vejalpur, Ahmedabad, IND, 380015
IFL Enterprises Ltd is engaged in the trading of textile products. The products include fabrics, such as Cotton fabric, Grey cloth, Cotton twill and other fabric materials. The company derives all of its revenue from sale of materials.

IFL Enterprises (BOM:540377) Headlines

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