GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler India Ltd (NSE:SCHAEFFLER) » Definitions » Cyclically Adjusted PB Ratio

Schaeffler India (NSE:SCHAEFFLER) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Schaeffler India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Schaeffler India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schaeffler India'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.

Schaeffler India Cyclically Adjusted PB Ratio Chart

Schaeffler India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 4.70 8.11 11.73 12.53

Schaeffler India 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 - 12.60 - 12.53 -

Competitive Comparison of Schaeffler India's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Schaeffler India'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.


Schaeffler India's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Schaeffler India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Schaeffler India 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.

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

For example, Schaeffler India'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)
=0/153.0345*153.0345
=0.000

Current CPI (Mar. 2024) = 153.0345.

Schaeffler India Quarterly Data

Book Value per Share CPI Adj_Book
201406 128.176 94.103 208.446
201409 0.000 96.780 0.000
201412 133.294 96.780 210.772
201503 0.000 97.163 0.000
201506 145.440 99.841 222.929
201509 0.000 101.753 0.000
201512 157.210 102.901 233.803
201603 0.000 102.518 0.000
201606 165.682 105.961 239.287
201609 0.000 105.961 0.000
201612 177.546 105.196 258.286
201703 0.000 105.196 0.000
201706 188.601 107.109 269.469
201709 0.000 109.021 0.000
201712 279.849 109.404 391.454
201803 0.000 109.786 0.000
201806 215.047 111.317 295.640
201809 0.000 115.142 0.000
201812 173.132 115.142 230.109
201903 0.000 118.202 0.000
201906 178.033 120.880 225.391
201909 0.000 123.175 0.000
201912 189.513 126.235 229.746
202003 0.000 124.705 0.000
202006 184.718 127.000 222.584
202009 0.000 130.118 0.000
202012 200.909 130.889 234.901
202103 0.000 131.771 0.000
202106 210.888 134.084 240.693
202109 0.000 135.847 0.000
202112 233.754 138.161 258.919
202203 0.000 138.822 0.000
202206 245.709 142.347 264.156
202209 0.000 144.661 0.000
202212 274.203 145.763 287.882
202303 0.000 146.865 0.000
202306 279.377 150.280 284.498
202309 0.000 151.492 0.000
202312 307.436 152.924 307.658
202403 0.000 153.035 0.000

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.


Schaeffler India  (NSE:SCHAEFFLER) 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.


Schaeffler India Cyclically Adjusted PB Ratio Related Terms

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


Schaeffler India (NSE:SCHAEFFLER) Business Description

Traded in Other Exchanges
Address
Amar Sadanand Tech Park, 15th Floor, Plot No 3, Survey 105/3 104/1,Baner, Baner, Pune, MH, IND, 411045
Schaeffler India Ltd is engaged in the manufacturing of rolling bearings spherical plain bearings, plain bearings, and linear products under the product brands INA and FAG. The Company supplies its products to the automotive industry. The Aftermarket business division of the company automotive is responsible for the automotive aftermarket business. Under the LuK, INA and FAG brands, it supplies components for transmissions, engines, and chassis in original equipment manufacturer quality and for all vehicle classes. Comprehensive services for repair shops and automotive distributors round out the product range. It has three segments i.e Industrial, Automotive Technologies, and Automotive Aftermarket.

Schaeffler India (NSE:SCHAEFFLER) Headlines

No Headlines