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S Alam Cold Rolled Steels (DHA:SALAMCRST) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 01, 2024)


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What is S Alam Cold Rolled Steels Cyclically Adjusted PB Ratio?

As of today (2024-06-01), S Alam Cold Rolled Steels's current share price is BDT20.30. S Alam Cold Rolled Steels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT23.37. S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio for today is 0.87.

The historical rank and industry rank for S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio or its related term are showing as below:

DHA:SALAMCRST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.42   Max: 1.74
Current: 0.9

During the past years, S Alam Cold Rolled Steels's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.90. And the median was 1.42.

DHA:SALAMCRST's Cyclically Adjusted PB Ratio is ranked better than
52.32% of 495 companies
in the Steel industry
Industry Median: 0.96 vs DHA:SALAMCRST: 0.90

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.

S Alam Cold Rolled Steels's adjusted book value per share data for the three months ended in Mar. 2024 was BDT18.331. 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 BDT23.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


S Alam Cold Rolled Steels Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels Cyclically Adjusted PB Ratio Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.45 1.42

S Alam Cold Rolled Steels 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 1.43 1.42 1.42 1.44 1.06

Competitive Comparison of S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio falls into.



S Alam Cold Rolled Steels 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.

S Alam Cold Rolled Steels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.30/23.37
=0.87

* 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.

S Alam Cold Rolled Steels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, S Alam Cold Rolled Steels'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)
=18.331/131.7762*131.7762
=18.331

Current CPI (Mar. 2024) = 131.7762.

S Alam Cold Rolled Steels Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.702 100.560 27.129
201409 20.120 100.428 26.400
201412 20.512 99.070 27.284
201503 19.487 99.621 25.777
201506 19.995 100.684 26.170
201509 19.864 100.392 26.074
201512 20.088 99.792 26.526
201603 19.205 100.470 25.189
201606 0.000 101.688 0.000
201609 19.632 101.861 25.398
201612 19.940 101.863 25.796
201703 19.357 102.862 24.798
201706 19.545 103.349 24.921
201709 19.879 104.136 25.155
201712 20.095 104.011 25.459
201803 19.836 105.290 24.826
201806 19.408 106.317 24.056
201809 19.817 106.507 24.519
201812 20.165 105.998 25.069
201903 19.772 107.251 24.293
201906 19.462 108.070 23.731
201909 19.767 108.329 24.045
201912 20.051 108.420 24.370
202003 19.523 108.902 23.624
202006 19.007 108.767 23.028
202009 19.223 109.815 23.067
202012 19.654 109.897 23.567
202103 19.100 111.754 22.522
202106 18.890 114.631 21.715
202109 19.077 115.734 21.721
202112 19.104 117.630 21.402
202203 18.508 121.301 20.106
202206 18.562 125.017 19.566
202209 18.680 125.227 19.657
202212 18.858 125.222 19.845
202303 18.666 127.348 19.315
202306 18.548 128.729 18.987
202309 18.581 129.860 18.855
202312 18.643 129.419 18.982
202403 18.331 131.776 18.331

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.


S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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.


S Alam Cold Rolled Steels Cyclically Adjusted PB Ratio Related Terms

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


S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Traded in Other Exchanges
N/A
Address
S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

S Alam Cold Rolled Steels (DHA:SALAMCRST) Headlines

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