GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Safari Industries (India) Ltd (BOM:523025) » Definitions » Cyclically Adjusted PB Ratio

Safari Industries (India) (BOM:523025) Cyclically Adjusted PB Ratio : 37.36 (As of Jun. 09, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Safari Industries (India) Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Safari Industries (India)'s current share price is ₹2002.60. Safari Industries (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹53.60. Safari Industries (India)'s Cyclically Adjusted PB Ratio for today is 37.36.

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

BOM:523025' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 36.75   Med: 46.24   Max: 51.24
Current: 37.36

During the past years, Safari Industries (India)'s highest Cyclically Adjusted PB Ratio was 51.24. The lowest was 36.75. And the median was 46.24.

BOM:523025's Cyclically Adjusted PB Ratio is ranked worse than
99.4% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs BOM:523025: 37.36

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.

Safari Industries (India)'s adjusted book value per share data for the three months ended in Mar. 2024 was ₹168.857. 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 ₹53.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safari Industries (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Safari Industries (India)'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.

Safari Industries (India) Cyclically Adjusted PB Ratio Chart

Safari Industries (India) 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 - - - - 32.20

Safari Industries (India) 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 - - 44.58 - 32.20

Competitive Comparison of Safari Industries (India)'s Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Safari Industries (India)'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.


Safari Industries (India)'s Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Safari Industries (India)'s Cyclically Adjusted PB Ratio falls into.



Safari Industries (India) 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.

Safari Industries (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2002.60/53.6
=37.36

* 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.

Safari Industries (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Safari Industries (India)'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)
=168.857/153.0345*153.0345
=168.857

Current CPI (Mar. 2024) = 153.0345.

Safari Industries (India) Quarterly Data

Book Value per Share CPI Adj_Book
201103 4.532 70.768 9.800
201112 0.000 75.359 0.000
201203 4.294 76.889 8.547
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 4.086 85.687 7.297
201306 0.000 88.365 0.000
201309 4.155 91.042 6.984
201312 0.000 91.425 0.000
201403 4.125 91.425 6.905
201406 0.000 94.103 0.000
201409 18.075 96.780 28.581
201412 0.000 96.780 0.000
201503 19.192 97.163 30.228
201506 0.000 99.841 0.000
201603 22.076 102.518 32.954
201703 24.334 105.196 35.400
201803 38.841 109.786 54.142
201903 44.918 118.202 58.155
201906 0.000 120.880 0.000
201909 48.289 123.175 59.995
201912 0.000 126.235 0.000
202003 51.560 124.705 63.273
202006 0.000 127.000 0.000
202009 45.248 130.118 53.217
202012 0.000 130.889 0.000
202103 62.312 131.771 72.367
202106 0.000 134.084 0.000
202109 65.137 135.847 73.378
202112 0.000 138.161 0.000
202203 67.216 138.822 74.098
202206 0.000 142.347 0.000
202209 74.596 144.661 78.914
202212 0.000 145.763 0.000
202303 89.772 146.865 93.543
202306 0.000 150.280 0.000
202309 107.966 151.492 109.065
202312 0.000 152.924 0.000
202403 168.857 153.035 168.857

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.


Safari Industries (India)  (BOM:523025) 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.


Safari Industries (India) Cyclically Adjusted PB Ratio Related Terms

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


Safari Industries (India) (BOM:523025) Business Description

Traded in Other Exchanges
Address
A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company primarily engaged in the manufacturing and marketing of luggage and luggage accessories. It offers Hard luggage cases, Soft luggage cases, and Backpacks. The company's product range includes Laptop bags, Backpacks, Suitcase, Four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, among others.

Safari Industries (India) (BOM:523025) Headlines

No Headlines