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Lehar Footwears (BOM:532829) Cyclically Adjusted PB Ratio : 4.94 (As of Jan. 18, 2025)


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What is Lehar Footwears Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Lehar Footwears's current share price is ₹267.40. Lehar Footwears's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹54.17. Lehar Footwears's Cyclically Adjusted PB Ratio for today is 4.94.

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

BOM:532829' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 2.04   Max: 5.26
Current: 4.76

During the past years, Lehar Footwears's highest Cyclically Adjusted PB Ratio was 5.26. The lowest was 0.64. And the median was 2.04.

BOM:532829's Cyclically Adjusted PB Ratio is ranked worse than
87.08% of 797 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.16 vs BOM:532829: 4.76

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.

Lehar Footwears's adjusted book value per share data for the three months ended in Sep. 2024 was ₹60.781. 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 ₹54.17 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lehar Footwears Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lehar Footwears'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.

Lehar Footwears Cyclically Adjusted PB Ratio Chart

Lehar Footwears 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 - 0.64 0.75 1.58 2.41

Lehar Footwears Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.45 - 2.41 - 3.91

Competitive Comparison of Lehar Footwears's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Lehar Footwears'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.


Lehar Footwears's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Lehar Footwears 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.

Lehar Footwears's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=267.40/54.17
=4.94

* 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.

Lehar Footwears's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Lehar Footwears's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=60.781/157.8822*157.8822
=60.781

Current CPI (Sep. 2024) = 157.8822.

Lehar Footwears Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 25.489 97.163 41.418
201506 0.000 99.841 0.000
201509 26.586 101.753 41.251
201512 0.000 102.901 0.000
201603 26.708 102.518 41.131
201606 0.000 105.961 0.000
201609 28.429 105.961 42.359
201612 0.000 105.196 0.000
201703 41.634 105.196 62.486
201706 0.000 107.109 0.000
201709 42.213 109.021 61.132
201712 0.000 109.404 0.000
201803 39.829 109.786 57.277
201806 0.000 111.317 0.000
201809 40.976 115.142 56.186
201812 0.000 115.142 0.000
201903 41.276 118.202 55.132
201906 0.000 120.880 0.000
201909 42.977 123.175 55.087
201912 0.000 126.235 0.000
202003 43.122 124.705 54.594
202006 0.000 127.000 0.000
202009 42.318 130.118 51.348
202012 0.000 130.889 0.000
202103 43.678 131.771 52.333
202106 0.000 134.084 0.000
202109 44.890 135.847 52.171
202112 0.000 138.161 0.000
202203 51.940 138.822 59.071
202206 0.000 142.347 0.000
202209 53.519 144.661 58.410
202212 0.000 145.763 0.000
202303 56.727 146.865 60.983
202306 0.000 150.280 0.000
202309 58.114 151.492 60.565
202312 0.000 152.924 0.000
202403 57.866 153.035 59.699
202406 0.000 155.789 0.000
202409 60.781 157.882 60.781

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.


Lehar Footwears  (BOM:532829) 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.


Lehar Footwears Cyclically Adjusted PB Ratio Related Terms

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


Lehar Footwears Business Description

Traded in Other Exchanges
N/A
Address
A-243 A, Road No. 6, V. K. I. Area, Jaipur, RJ, IND, 302013
Lehar Footwears Ltd is an India-based footwear manufacturing company. It manufactures a variety of footwear like lightweight fancy slippers, Polyvinyl Chloride (PVC) and Thermoplastic rubbers (TPR) footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. It manufactures and sells its products under the name LEHAR in the domestic market. The company operates in one single segment which is the Manufacturing of Footwear.

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