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Atul Auto (BOM:531795) Cyclically Adjusted PB Ratio : 3.85 (As of Jun. 01, 2024)


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What is Atul Auto Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Atul Auto's current share price is ₹510.70. Atul Auto's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹132.53. Atul Auto's Cyclically Adjusted PB Ratio for today is 3.85.

The historical rank and industry rank for Atul Auto's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:531795' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.93   Max: 5.03
Current: 4.07

During the past years, Atul Auto's highest Cyclically Adjusted PB Ratio was 5.03. The lowest was 1.49. And the median was 2.93.

BOM:531795's Cyclically Adjusted PB Ratio is ranked worse than
84.29% of 980 companies
in the Vehicles & Parts industry
Industry Median: 1.325 vs BOM:531795: 4.07

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.

Atul Auto's adjusted book value per share data for the three months ended in Mar. 2024 was ₹151.301. 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 ₹132.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atul Auto Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atul Auto'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.

Atul Auto Cyclically Adjusted PB Ratio Chart

Atul Auto 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 - - 1.51 2.62 3.59

Atul Auto 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 2.62 - 4.75 - 3.59

Competitive Comparison of Atul Auto's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Atul Auto'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.


Atul Auto's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Atul Auto 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.

Atul Auto's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=510.70/132.53
=3.85

* 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.

Atul Auto's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Atul Auto'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)
=151.301/153.0345*153.0345
=151.301

Current CPI (Mar. 2024) = 153.0345.

Atul Auto Quarterly Data

Book Value per Share CPI Adj_Book
201403 43.053 91.425 72.066
201406 0.000 94.103 0.000
201409 51.547 96.780 81.509
201412 0.000 96.780 0.000
201503 55.173 97.163 86.899
201506 0.000 99.841 0.000
201509 64.548 101.753 97.079
201512 0.000 102.901 0.000
201603 72.952 102.518 108.899
201606 0.000 105.961 0.000
201609 79.031 105.961 114.141
201612 0.000 105.196 0.000
201703 83.845 105.196 121.974
201706 0.000 107.109 0.000
201709 93.368 109.021 131.062
201803 100.631 109.786 140.273
201806 0.000 111.317 0.000
201809 108.539 115.142 144.259
201812 0.000 115.142 0.000
201903 119.376 118.202 154.554
201906 0.000 120.880 0.000
201909 131.175 123.175 162.974
201912 0.000 126.235 0.000
202003 140.280 124.705 172.148
202006 0.000 127.000 0.000
202009 138.334 130.118 162.698
202012 0.000 130.889 0.000
202103 136.635 131.771 158.684
202106 0.000 134.084 0.000
202109 131.736 135.847 148.403
202112 0.000 138.161 0.000
202203 126.048 138.822 138.953
202206 0.000 142.347 0.000
202209 128.951 144.661 136.415
202212 0.000 145.763 0.000
202303 145.792 146.865 151.917
202306 0.000 150.280 0.000
202309 145.489 151.492 146.970
202312 0.000 152.924 0.000
202403 151.301 153.035 151.301

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.


Atul Auto  (BOM:531795) 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.


Atul Auto Cyclically Adjusted PB Ratio Related Terms

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


Atul Auto (BOM:531795) Business Description

Traded in Other Exchanges
Address
National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (BOM:531795) Headlines

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