GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » V R Woodart Ltd (BOM:523888) » Definitions » Cyclically Adjusted PB Ratio

V R Woodart (BOM:523888) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


View and export this data going back to 1993. Start your Free Trial

What is V R Woodart Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


V R Woodart Cyclically Adjusted PB Ratio Historical Data

The historical data trend for V R Woodart'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.

V R Woodart Cyclically Adjusted PB Ratio Chart

V R Woodart Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

V R Woodart Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of V R Woodart's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, V R Woodart'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.


V R Woodart's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, V R Woodart's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where V R Woodart's Cyclically Adjusted PB Ratio falls into.



V R Woodart 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.

V R Woodart's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, V R Woodart's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

V R Woodart Quarterly Data

Book Value per Share CPI Adj_Book
201312 -3.747 91.425 -6.268
201403 0.000 91.425 0.000
201406 -4.759 94.103 -7.734
201409 0.000 96.780 0.000
201412 -4.765 96.780 -7.529
201503 0.000 97.163 0.000
201506 -4.821 99.841 -7.384
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201606 0.000 105.961 0.000
201609 -4.886 105.961 -7.052
201612 0.000 105.196 0.000
201703 -10.759 105.196 -15.640
201706 0.000 107.109 0.000
201709 -4.945 109.021 -6.936
201712 0.000 109.404 0.000
201803 -0.843 109.786 -1.174
201806 0.000 111.317 0.000
201809 -0.873 115.142 -1.159
201812 0.000 115.142 0.000
201903 -0.912 118.202 -1.180
201906 0.000 120.880 0.000
201909 -0.955 123.175 -1.186
201912 0.000 126.235 0.000
202003 -0.991 124.705 -1.215
202006 0.000 127.000 0.000
202009 -1.027 130.118 -1.207
202012 0.000 130.889 0.000
202103 -1.095 131.771 -1.271
202106 0.000 134.084 0.000
202109 -1.135 135.847 -1.278
202112 0.000 138.161 0.000
202203 -1.184 138.822 -1.304
202206 0.000 142.347 0.000
202209 -1.238 144.661 -1.309
202212 0.000 145.763 0.000
202303 -1.277 146.865 -1.330
202306 0.000 150.280 0.000
202309 -1.315 151.492 -1.327
202312 0.000 152.924 0.000

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.


V R Woodart  (BOM:523888) 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.


V R Woodart Cyclically Adjusted PB Ratio Related Terms

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


V R Woodart (BOM:523888) Business Description

Traded in Other Exchanges
N/A
Address
63-64, Mittal Court, C Wing, Nariman Point, Mumbai, MH, IND, 400021
V R Woodart Ltd currently has no business operations previously it used to manufacture and sell wood products in India. The company produces finger jointed and panel products from wood.

V R Woodart (BOM:523888) Headlines

No Headlines