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Alfa Ica (India) (BOM:530973) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Alfa Ica (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Ica (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alfa Ica (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.

Alfa Ica (India) Cyclically Adjusted PB Ratio Chart

Alfa Ica (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.57 1.05 0.85

Alfa Ica (India) 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 - 0.85 - 1.12 -

Competitive Comparison of Alfa Ica (India)'s Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Alfa Ica (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.


Alfa Ica (India)'s Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Ica (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alfa Ica (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.

Alfa Ica (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alfa Ica (India)'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.

Alfa Ica (India) Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.452 91.425 45.918
201406 0.000 94.103 0.000
201409 29.017 96.780 45.850
201412 0.000 96.780 0.000
201503 26.285 97.163 41.370
201506 0.000 99.841 0.000
201509 27.896 101.753 41.925
201512 0.000 102.901 0.000
201603 29.450 102.518 43.930
201606 0.000 105.961 0.000
201609 30.754 105.961 44.385
201612 0.000 105.196 0.000
201703 31.839 105.196 46.285
201706 0.000 107.109 0.000
201709 33.198 109.021 46.567
201712 0.000 109.404 0.000
201803 34.754 109.786 48.410
201806 0.000 111.317 0.000
201809 34.736 115.142 46.134
201812 0.000 115.142 0.000
201903 36.659 118.202 47.428
201906 0.000 120.880 0.000
201909 37.001 123.175 45.938
201912 0.000 126.235 0.000
202003 38.506 124.705 47.219
202006 0.000 127.000 0.000
202009 39.844 130.118 46.828
202012 0.000 130.889 0.000
202103 42.033 131.771 48.781
202106 0.000 134.084 0.000
202109 43.877 135.847 49.393
202112 0.000 138.161 0.000
202203 46.064 138.822 50.744
202206 0.000 142.347 0.000
202209 47.783 144.661 50.512
202212 0.000 145.763 0.000
202303 49.720 146.865 51.771
202306 0.000 150.280 0.000
202309 51.514 151.492 52.001
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.


Alfa Ica (India)  (BOM:530973) 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.


Alfa Ica (India) Cyclically Adjusted PB Ratio Related Terms

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Alfa Ica (India) (BOM:530973) Business Description

Traded in Other Exchanges
N/A
Address
Satellite Road, Near Shivranjani Cross Road, Alfa Pallazzo, Jodhpur, Ahmedabad, GJ, IND, 380 015
Alfa Ica (India) Ltd is an India-based company engaged in the process of manufacturing High-Pressure Laminate Sheets and Compacts which are available in different Colours, Designs, and Textures. The Laminate sheets are used for various applications in areas including Furniture Covering, Wall Paneling, Partitions, Door Covering and Shower Panels. It generates revenue from Decorative laminates. Geographically, it derives a majority of its revenue from Outside India.

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