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Aditya Birla Fashion and Retail (NSE:ABFRL) Cyclically Adjusted PB Ratio : 8.59 (As of Jun. 06, 2024)


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What is Aditya Birla Fashion and Retail Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Aditya Birla Fashion and Retail's current share price is ₹305.00. Aditya Birla Fashion and Retail's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹35.49. Aditya Birla Fashion and Retail's Cyclically Adjusted PB Ratio for today is 8.59.

The historical rank and industry rank for Aditya Birla Fashion and Retail's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:ABFRL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.62   Med: 6.11   Max: 8.17
Current: 8.1

During the past years, Aditya Birla Fashion and Retail's highest Cyclically Adjusted PB Ratio was 8.17. The lowest was 4.62. And the median was 6.11.

NSE:ABFRL's Cyclically Adjusted PB Ratio is ranked worse than
93.07% of 794 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs NSE:ABFRL: 8.10

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.

Aditya Birla Fashion and Retail's adjusted book value per share data for the three months ended in Mar. 2024 was ₹39.926. 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 ₹35.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aditya Birla Fashion and Retail Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail Cyclically Adjusted PB Ratio Chart

Aditya Birla Fashion and Retail 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 - - 6.81 5.19 5.79

Aditya Birla Fashion and Retail 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 5.19 - 5.60 - 5.79

Competitive Comparison of Aditya Birla Fashion and Retail's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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.


Aditya Birla Fashion and Retail's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Aditya Birla Fashion and Retail's Cyclically Adjusted PB Ratio falls into.



Aditya Birla Fashion and Retail 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.

Aditya Birla Fashion and Retail's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=305.00/35.49
=8.59

* 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.

Aditya Birla Fashion and Retail's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aditya Birla Fashion and Retail'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)
=39.926/153.0345*153.0345
=39.926

Current CPI (Mar. 2024) = 153.0345.

Aditya Birla Fashion and Retail Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 47.995 96.780 75.892
201412 0.000 96.780 0.000
201503 107.698 97.163 169.628
201506 0.000 99.841 0.000
201509 24.283 101.753 36.521
201512 0.000 102.901 0.000
201603 11.609 102.518 17.329
201606 0.000 105.961 0.000
201609 12.076 105.961 17.441
201612 0.000 105.196 0.000
201703 12.257 105.196 17.831
201706 0.000 107.109 0.000
201709 11.867 109.021 16.658
201712 0.000 109.404 0.000
201803 13.963 109.786 19.463
201806 0.000 111.317 0.000
201809 14.753 115.142 19.608
201812 0.000 115.142 0.000
201903 18.209 118.202 23.575
201906 0.000 120.880 0.000
201909 16.994 123.175 21.114
201912 0.000 126.235 0.000
202003 13.595 124.705 16.683
202006 0.000 127.000 0.000
202009 11.351 130.118 13.350
202012 0.000 130.889 0.000
202103 28.199 131.771 32.750
202106 0.000 134.084 0.000
202109 27.251 135.847 30.699
202112 0.000 138.161 0.000
202203 29.704 138.822 32.745
202206 0.000 142.347 0.000
202209 38.115 144.661 40.321
202212 0.000 145.763 0.000
202303 35.419 146.865 36.907
202306 0.000 150.280 0.000
202309 31.126 151.492 31.443
202312 0.000 152.924 0.000
202403 39.926 153.035 39.926

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.


Aditya Birla Fashion and Retail  (NSE:ABFRL) 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.


Aditya Birla Fashion and Retail Cyclically Adjusted PB Ratio Related Terms

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


Aditya Birla Fashion and Retail (NSE:ABFRL) Business Description

Traded in Other Exchanges
Address
Unit No. 401, 403, 501, 502, L.B.S. Road, Building A, 4th and 5th Floor, Piramal Agastya Corporate Park, Kurla, Mumbai, MH, IND, 400 070
Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are Madura Fashion and Lifestyle which involves manufacturing, distribution, and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. It derives key revenue from the Madura Fashion and Lifestyle segment. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.

Aditya Birla Fashion and Retail (NSE:ABFRL) Headlines

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