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BMW Industries (BOM:542669) Cyclically Adjusted PB Ratio : 1.78 (As of May. 26, 2024)


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What is BMW Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-26), BMW Industries's current share price is ₹59.04. BMW Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹33.23. BMW Industries's Cyclically Adjusted PB Ratio for today is 1.78.

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

BOM:542669' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.07   Max: 2.04
Current: 1.78

During the past 13 years, BMW Industries's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.85. And the median was 1.07.

BOM:542669's Cyclically Adjusted PB Ratio is ranked worse than
73.52% of 472 companies
in the Steel industry
Industry Median: 0.925 vs BOM:542669: 1.78

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.

BMW Industries's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹29.375. 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 ₹33.23 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BMW Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BMW 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.

BMW Industries Cyclically Adjusted PB Ratio Chart

BMW 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 - 1.20 0.91 1.13 1.67

BMW 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 1.13 - - - 1.67

Competitive Comparison of BMW Industries's Cyclically Adjusted PB Ratio

For the Steel subindustry, BMW 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.


BMW Industries's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

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



BMW 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.04/33.23
=1.78

* 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.

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

For example, BMW Industries'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)
=29.375/153.0345*153.0345
=29.375

Current CPI (Mar24) = 153.0345.

BMW Industries Annual Data

Book Value per Share CPI Adj_Book
201503 23.302 97.163 36.701
201603 23.239 102.518 34.690
201703 24.730 105.196 35.976
201803 27.379 109.786 38.164
201903 29.215 118.202 37.824
202003 30.843 124.705 37.850
202103 23.059 131.771 26.780
202203 24.574 138.822 27.090
202303 26.768 146.865 27.893
202403 29.375 153.035 29.375

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.


BMW Industries  (BOM:542669) 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.


BMW Industries Cyclically Adjusted PB Ratio Related Terms

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


BMW Industries (BOM:542669) Business Description

Traded in Other Exchanges
N/A
Address
119, Park Street, White House, 3rd Floor, Kolkata, WB, IND, 700016
BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company is engaged in the galvanizing of tubes in addition to the manufacture of tubular poles/structures, transmission line towers, and rebars. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.

BMW Industries (BOM:542669) Headlines

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