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Abhishek (BOM:532831) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Abhishek Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abhishek Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abhishek'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.

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Abhishek Cyclically Adjusted PB Ratio Chart

Abhishek Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Abhishek Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Abhishek's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Abhishek'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.


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

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

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



Abhishek 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.

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

For example, Abhishek'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)
=58.445/153.0345*153.0345
=58.445

Current CPI (Mar. 2024) = 153.0345.

Abhishek Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 -6,533.750 96.780 -10,331.525
201412 0.000 96.780 0.000
201503 -7,685.228 97.163 -12,104.466
201506 0.000 99.841 0.000
201509 -8,929.447 101.753 -13,429.672
201512 0.000 102.901 0.000
201603 -10,054.424 102.518 -15,008.772
201606 0.000 105.961 0.000
201609 -11,238.345 105.961 -16,230.999
201612 0.000 105.196 0.000
201703 -12,751.740 105.196 -18,550.669
201706 0.000 107.109 0.000
201709 -14,291.025 109.021 -20,060.464
201712 0.000 109.404 0.000
201803 -17,152.065 109.786 -23,908.769
201806 0.000 111.317 0.000
201809 -18,866.545 115.142 -25,075.427
201812 0.000 115.142 0.000
201903 -20,770.833 118.202 -26,891.688
201906 0.000 120.880 0.000
201909 -22,744.876 123.175 -28,258.581
201912 0.000 126.235 0.000
202003 -21,314.840 124.705 -26,156.957
202006 0.000 127.000 0.000
202009 -21,577.759 130.118 -25,378.073
202012 0.000 130.889 0.000
202103 -21,825.846 131.771 -25,347.915
202106 0.000 134.084 0.000
202109 -22,048.639 135.847 -24,838.255
202112 0.000 138.161 0.000
202203 -22,267.110 138.822 -24,546.837
202206 0.000 142.347 0.000
202209 -22,469.606 144.661 -23,770.211
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 0.000 150.280 0.000
202309 -22,782.119 151.492 -23,014.088
202312 0.000 152.924 0.000
202403 58.445 153.035 58.445

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.


Abhishek  (BOM:532831) 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.


Abhishek Cyclically Adjusted PB Ratio Related Terms

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Abhishek (BOM:532831) Business Description

Traded in Other Exchanges
N/A
Address
Kolhapur-Hupari Road, Gat No. 148, Tamgaon, Taluka Karveer, Kolhapur, MH, IND, 416234
Abhishek Corp Ltd is engaged in the textile business. The company manufactures cotton yarn and dyed yarn shirting fabrics. It produces specialty yarns for various uses in weaving, as well as knitting applications. The bulk of its production goes for yarn dyed fabric varieties.

Abhishek (BOM:532831) Headlines

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