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Sapphire Fibres (KAR:SFL) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 07, 2024)


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What is Sapphire Fibres Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Sapphire Fibres's current share price is ₨1437.20. Sapphire Fibres's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨1,473.52. Sapphire Fibres's Cyclically Adjusted PB Ratio for today is 0.98.

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

KAR:SFL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.89   Max: 1.34
Current: 1

During the past years, Sapphire Fibres's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.73. And the median was 0.89.

KAR:SFL's Cyclically Adjusted PB Ratio is ranked better than
51.89% of 794 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs KAR:SFL: 1.00

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.

Sapphire Fibres's adjusted book value per share data for the three months ended in Mar. 2024 was ₨2,204.108. 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 ₨1,473.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sapphire Fibres Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sapphire Fibres'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.

Sapphire Fibres Cyclically Adjusted PB Ratio Chart

Sapphire Fibres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.81

Sapphire Fibres 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 0.76 0.81 0.79 1.16 1.02

Competitive Comparison of Sapphire Fibres's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Sapphire Fibres'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.


Sapphire Fibres's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Sapphire Fibres 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.

Sapphire Fibres's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1437.20/1473.52
=0.98

* 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.

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

For example, Sapphire Fibres'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)
=2204.108/131.7762*131.7762
=2,204.108

Current CPI (Mar. 2024) = 131.7762.

Sapphire Fibres Quarterly Data

Book Value per Share CPI Adj_Book
201406 812.007 100.560 1,064.078
201409 820.326 100.428 1,076.390
201412 850.669 99.070 1,131.506
201503 822.070 99.621 1,087.413
201506 866.564 100.684 1,134.169
201509 853.728 100.392 1,120.623
201512 849.857 99.792 1,122.239
201603 853.813 100.470 1,119.855
201606 919.758 101.688 1,191.902
201609 956.259 101.861 1,237.099
201612 1,019.581 101.863 1,318.996
201703 1,038.725 102.862 1,330.705
201706 1,039.524 103.349 1,325.454
201709 986.205 104.136 1,247.972
201712 981.178 104.011 1,243.097
201803 1,064.641 105.290 1,332.463
201806 1,031.081 106.317 1,277.991
201809 1,053.002 106.507 1,302.834
201812 1,033.338 105.998 1,284.642
201903 1,089.493 107.251 1,338.635
201906 1,094.403 108.070 1,334.477
201909 1,136.197 108.329 1,382.115
201912 1,232.595 108.420 1,498.123
202003 1,147.210 108.902 1,388.181
202006 1,195.432 108.767 1,448.317
202009 1,290.169 109.815 1,548.183
202012 1,338.215 109.897 1,604.641
202103 1,363.698 111.754 1,608.017
202106 1,416.458 114.631 1,628.310
202109 1,470.680 115.734 1,674.531
202112 1,556.327 117.630 1,743.499
202203 1,618.724 121.301 1,758.512
202206 1,694.781 125.017 1,786.414
202209 1,768.082 125.227 1,860.558
202212 1,790.087 125.222 1,883.784
202303 1,900.235 127.348 1,966.314
202306 1,985.316 128.729 2,032.316
202309 2,079.459 129.860 2,110.151
202312 2,153.017 129.419 2,192.225
202403 2,204.108 131.776 2,204.108

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.


Sapphire Fibres  (KAR:SFL) 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.


Sapphire Fibres Cyclically Adjusted PB Ratio Related Terms

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


Sapphire Fibres (KAR:SFL) Business Description

Traded in Other Exchanges
N/A
Address
73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK
Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim and Power.

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