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Gokaldas Exports (BOM:532630) Cyclically Adjusted PB Ratio : 8.38 (As of Jun. 08, 2024)


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What is Gokaldas Exports Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Gokaldas Exports's current share price is ₹828.85. Gokaldas Exports's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹98.85. Gokaldas Exports's Cyclically Adjusted PB Ratio for today is 8.38.

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

BOM:532630' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.19   Max: 8.69
Current: 8.58

During the past 13 years, Gokaldas Exports's highest Cyclically Adjusted PB Ratio was 8.69. The lowest was 0.38. And the median was 2.19.

BOM:532630's Cyclically Adjusted PB Ratio is ranked worse than
93.76% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs BOM:532630: 8.58

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.

Gokaldas Exports's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹203.736. 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 ₹98.85 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gokaldas Exports Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gokaldas Exports'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.

Gokaldas Exports Cyclically Adjusted PB Ratio Chart

Gokaldas Exports 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 0.44 1.20 5.89 4.39 7.16

Gokaldas Exports 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 4.39 - - - 7.16

Competitive Comparison of Gokaldas Exports's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Gokaldas Exports'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.


Gokaldas Exports's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokaldas Exports's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gokaldas Exports 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.

Gokaldas Exports's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=828.85/98.85
=8.38

* 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.

Gokaldas Exports's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Gokaldas Exports's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=203.736/153.0345*153.0345
=203.736

Current CPI (Mar24) = 153.0345.

Gokaldas Exports Annual Data

Book Value per Share CPI Adj_Book
201503 45.914 97.163 72.316
201603 59.413 102.518 88.689
201703 48.504 105.196 70.561
201803 37.452 109.786 52.205
201903 56.144 118.202 72.689
202003 52.915 124.705 64.936
202103 67.622 131.771 78.534
202203 120.077 138.822 132.371
202303 146.299 146.865 152.445
202403 203.736 153.035 203.736

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.


Gokaldas Exports  (BOM:532630) 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.


Gokaldas Exports Cyclically Adjusted PB Ratio Related Terms

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


Gokaldas Exports (BOM:532630) Business Description

Traded in Other Exchanges
Address
No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022
Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.

Gokaldas Exports (BOM:532630) Headlines

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