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Libas Consumer Products (NSE:LIBAS) Cyclically Adjusted PB Ratio : 1.11 (As of Jun. 09, 2024)


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What is Libas Consumer Products Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Libas Consumer Products's current share price is ₹18.05. Libas Consumer Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹16.19. Libas Consumer Products's Cyclically Adjusted PB Ratio for today is 1.11.

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

NSE:LIBAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.81   Max: 4.73
Current: 1.12

During the past 12 years, Libas Consumer Products's highest Cyclically Adjusted PB Ratio was 4.73. The lowest was 0.62. And the median was 1.81.

NSE:LIBAS's Cyclically Adjusted PB Ratio is ranked worse than
53.18% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs NSE:LIBAS: 1.12

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.

Libas Consumer Products's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹27.668. 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 ₹16.19 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Libas Consumer Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Cyclically Adjusted PB Ratio Chart

Libas Consumer Products Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.29 1.74 0.62

Libas Consumer Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 0.62 - -

Competitive Comparison of Libas Consumer Products's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Libas Consumer Products'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.


Libas Consumer Products's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Libas Consumer Products 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.

Libas Consumer Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.05/16.19
=1.11

* 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.

Libas Consumer Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Libas Consumer Products's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=27.668/146.8646*146.8646
=27.668

Current CPI (Mar23) = 146.8646.

Libas Consumer Products Annual Data

Book Value per Share CPI Adj_Book
201403 1.535 91.425 2.466
201503 1.738 97.163 2.627
201603 2.032 102.518 2.911
201703 11.602 105.196 16.198
201803 13.123 109.786 17.555
201903 16.407 118.202 20.385
202003 20.456 124.705 24.091
202103 19.761 131.771 22.025
202203 24.513 138.822 25.933
202303 27.668 146.865 27.668

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.


Libas Consumer Products  (NSE:LIBAS) 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.


Libas Consumer Products Cyclically Adjusted PB Ratio Related Terms

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


Libas Consumer Products (NSE:LIBAS) Business Description

Traded in Other Exchanges
N/A
Address
Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.

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