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Sreeleathers (BOM:535601) Cyclically Adjusted PB Ratio : 1.87 (As of Jun. 09, 2024)


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What is Sreeleathers Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sreeleathers's current share price is ₹274.90. Sreeleathers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹146.97. Sreeleathers's Cyclically Adjusted PB Ratio for today is 1.87.

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

BOM:535601' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.47   Max: 2.8
Current: 1.87

During the past years, Sreeleathers's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 1.12. And the median was 1.47.

BOM:535601's Cyclically Adjusted PB Ratio is ranked worse than
68.91% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs BOM:535601: 1.87

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.

Sreeleathers's adjusted book value per share data for the three months ended in Mar. 2024 was ₹180.311. 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 ₹146.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sreeleathers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sreeleathers'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.

Sreeleathers Cyclically Adjusted PB Ratio Chart

Sreeleathers 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 - 1.28 1.59 1.26 1.91

Sreeleathers 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 1.26 - 1.69 - 1.91

Competitive Comparison of Sreeleathers's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Sreeleathers'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.


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

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

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



Sreeleathers 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.

Sreeleathers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=274.90/146.97
=1.87

* 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.

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

For example, Sreeleathers'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)
=180.311/153.0345*153.0345
=180.311

Current CPI (Mar. 2024) = 153.0345.

Sreeleathers Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 76.040 96.780 120.239
201412 0.000 96.780 0.000
201503 77.860 97.163 122.632
201506 0.000 99.841 0.000
201509 80.215 101.753 120.641
201512 0.000 102.901 0.000
201603 83.872 102.518 125.200
201606 0.000 105.961 0.000
201609 85.143 105.961 122.968
201612 0.000 105.196 0.000
201703 87.681 105.196 127.554
201706 0.000 107.109 0.000
201709 99.418 109.021 139.554
201712 0.000 109.404 0.000
201803 101.395 109.786 141.337
201806 0.000 111.317 0.000
201809 109.462 115.142 145.485
201812 0.000 115.142 0.000
201903 115.045 118.202 148.947
201906 0.000 120.880 0.000
201909 123.277 123.175 153.161
201912 0.000 126.235 0.000
202003 128.704 124.705 157.942
202006 0.000 127.000 0.000
202009 132.978 130.118 156.398
202012 0.000 130.889 0.000
202103 135.350 131.771 157.192
202106 0.000 134.084 0.000
202109 140.019 135.847 157.734
202112 0.000 138.161 0.000
202203 145.620 138.822 160.529
202206 0.000 142.347 0.000
202209 152.271 144.661 161.085
202212 0.000 145.763 0.000
202303 160.588 146.865 167.334
202306 0.000 150.280 0.000
202309 171.432 151.492 173.178
202312 0.000 152.924 0.000
202403 180.311 153.035 180.311

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.


Sreeleathers  (BOM:535601) 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.


Sreeleathers Cyclically Adjusted PB Ratio Related Terms

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


Sreeleathers (BOM:535601) Business Description

Traded in Other Exchanges
Address
6, Tottee Lane, Kolkata, WB, IND, 700 016
Sreeleathers Ltd operates in the footwear industry. The company is engaged in the business of dealing with all kinds of footwear and leather accessories. In addition, it is engaged as a retailer and wholesaler of footwear and leather articles. The company's products include formals, canvas, chappal, casual, sandal, and shoe.

Sreeleathers (BOM:535601) Headlines

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