GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Disha Resources Ltd (BOM:531553) » Definitions » Cyclically Adjusted PB Ratio

Disha Resources (BOM:531553) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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

What is Disha Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Disha Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Disha Resources'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.

Disha Resources Cyclically Adjusted PB Ratio Chart

Disha Resources 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 - - 0.58 1.18 0.92

Disha Resources 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 - 0.92 - 0.35 -

Competitive Comparison of Disha Resources's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Disha Resources'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.


Disha Resources's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Disha Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Disha Resources 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.

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

For example, Disha Resources'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.

Disha Resources Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.051 91.425 20.157
201406 0.000 94.103 0.000
201409 12.197 96.780 19.273
201412 0.000 96.780 0.000
201503 12.229 97.163 19.247
201506 0.000 99.841 0.000
201509 12.382 101.753 18.609
201512 0.000 102.901 0.000
201603 12.384 102.518 18.473
201606 0.000 105.961 0.000
201609 12.430 105.961 17.939
201612 0.000 105.196 0.000
201703 12.398 105.196 18.023
201706 0.000 107.109 0.000
201709 12.344 109.021 17.315
201712 0.000 109.404 0.000
201803 12.664 109.786 17.640
201806 0.000 111.317 0.000
201809 12.041 115.142 15.992
201812 0.000 115.142 0.000
201903 19.953 118.202 25.814
201906 0.000 120.880 0.000
201909 19.873 123.175 24.673
201912 0.000 126.235 0.000
202003 15.378 124.705 18.858
202006 0.000 127.000 0.000
202009 15.794 130.118 18.562
202012 0.000 130.889 0.000
202103 16.294 131.771 18.910
202106 0.000 134.084 0.000
202109 21.986 135.847 24.750
202112 0.000 138.161 0.000
202203 39.272 138.822 43.262
202206 0.000 142.347 0.000
202209 42.374 144.661 44.794
202212 0.000 145.763 0.000
202303 47.308 146.865 49.260
202306 0.000 150.280 0.000
202309 58.602 151.492 59.156
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.


Disha Resources  (BOM:531553) 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.


Disha Resources Cyclically Adjusted PB Ratio Related Terms

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


Disha Resources (BOM:531553) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, Income Tax, 3, Rajesh Apartments, Behind Nav Gujarat College, Ahmedabad, GJ, IND, 380014
Disha Resources Ltd intends to carry on the business relating to jewelry, logistic services, trading of waste paper, recycling of paper, coal, and coal-related products. The company's segments include Trading in Shares and Trading in Others. It generates maximum revenue from the Trading Others segment.

Disha Resources (BOM:531553) Headlines

No Headlines