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Gul Ahmed Textile Mills (KAR:GATM) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 10, 2024)


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What is Gul Ahmed Textile Mills Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Gul Ahmed Textile Mills's current share price is ₨21.55. Gul Ahmed Textile Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨34.13. Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio for today is 0.63.

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

KAR:GATM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.61   Max: 0.92
Current: 0.63

During the past years, Gul Ahmed Textile Mills's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.54. And the median was 0.61.

KAR:GATM's Cyclically Adjusted PB Ratio is ranked better than
70.05% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs KAR:GATM: 0.63

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.

Gul Ahmed Textile Mills's adjusted book value per share data for the three months ended in Mar. 2024 was ₨60.637. 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 ₨34.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gul Ahmed Textile Mills Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gul Ahmed Textile Mills'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.

Gul Ahmed Textile Mills Cyclically Adjusted PB Ratio Chart

Gul Ahmed Textile Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.57

Gul Ahmed Textile Mills 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 0.59 0.57 0.54 0.66 0.58

Competitive Comparison of Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Gul Ahmed Textile Mills'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.


Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio falls into.



Gul Ahmed Textile Mills 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.

Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.55/34.13
=0.63

* 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.

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

For example, Gul Ahmed Textile Mills'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)
=60.637/131.7762*131.7762
=60.637

Current CPI (Mar. 2024) = 131.7762.

Gul Ahmed Textile Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.951 100.560 18.282
201409 13.603 100.428 17.849
201412 14.283 99.070 18.998
201503 14.713 99.621 19.462
201506 15.028 100.684 19.669
201509 14.898 100.392 19.555
201512 15.291 99.792 20.192
201603 15.888 100.470 20.839
201606 16.206 101.688 21.001
201609 16.047 101.861 20.760
201612 16.198 101.863 20.955
201703 17.921 102.862 22.958
201706 18.174 103.349 23.173
201709 18.336 104.136 23.203
201712 18.632 104.011 23.606
201803 19.796 105.290 24.776
201806 21.141 106.317 26.204
201809 22.254 106.507 27.534
201812 23.145 105.998 28.774
201903 24.209 107.251 29.745
201906 25.784 108.070 31.440
201909 26.332 108.329 32.031
201912 25.974 108.420 31.569
202003 25.367 108.902 30.695
202006 23.447 108.767 28.407
202009 24.432 109.815 29.318
202012 26.280 109.897 31.512
202103 28.984 111.754 34.177
202106 55.220 114.631 63.479
202109 33.444 115.734 38.080
202112 46.576 117.630 52.177
202203 46.567 121.301 50.588
202206 51.396 125.017 54.175
202209 53.202 125.227 55.985
202212 54.205 125.222 57.042
202303 55.955 127.348 57.901
202306 57.516 128.729 58.878
202309 58.085 129.860 58.942
202312 59.496 129.419 60.579
202403 60.637 131.776 60.637

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.


Gul Ahmed Textile Mills  (KAR:GATM) 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.


Gul Ahmed Textile Mills Cyclically Adjusted PB Ratio Related Terms

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


Gul Ahmed Textile Mills (KAR:GATM) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.H-7, Landhi Industrial Area, Landhi, Karachi, SD, PAK, 75120
Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.

Gul Ahmed Textile Mills (KAR:GATM) Headlines

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