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W S Industries (I) (BOM:504220) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is W S Industries (I) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


W S Industries (I) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for W S Industries (I)'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.

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W S Industries (I) Cyclically Adjusted PB Ratio Chart

W S Industries (I) Annual Data
Trend Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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W S Industries (I) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of W S Industries (I)'s Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, W S Industries (I)'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.


W S Industries (I)'s Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, W S Industries (I)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where W S Industries (I)'s Cyclically Adjusted PB Ratio falls into.



W S Industries (I) 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.

W S Industries (I)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, W S Industries (I)'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)
=27.306/153.0345*153.0345
=27.306

Current CPI (Mar24) = 153.0345.

W S Industries (I) Annual Data

Book Value per Share CPI Adj_Book
201409 -24.226 96.780 -38.307
201603 -76.745 102.518 -114.561
201703 -81.583 105.196 -118.683
201803 -66.232 109.786 -92.323
201903 -30.664 118.202 -39.700
202003 -32.387 124.705 -39.744
202103 -35.577 131.771 -41.318
202203 -8.818 138.822 -9.721
202303 15.538 146.865 16.191
202403 27.306 153.035 27.306

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.


W S Industries (I)  (BOM:504220) 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.


W S Industries (I) Cyclically Adjusted PB Ratio Related Terms

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W S Industries (I) (BOM:504220) Business Description

Traded in Other Exchanges
Address
Mount Poonamallee Road, Number 108, Porur, Chennai, TN, IND, 600116
W S Industries (I) Ltd is an Indian firm that manufactures and sells porcelain insulators and undertakes turnkey projects. It has two segments; Electro-Porcelain Products and Turnkey Projects. Porcelain insulators division activities include the manufacture of electrical high voltage transmission, substation and distribution applications. Turnkey projects division includes erection, installation, and commissioning of electrical high voltage lines, substations and line quality solutions. The company produces insulator products such as suspension cap and pin, long rod insulators, solid core insulators, hollow insulators, line post insulators, pin insulators, shackles and stay insulators and others.

W S Industries (I) (BOM:504220) Headlines

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