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Visaka Industries (BOM:509055) Cyclically Adjusted PB Ratio : 1.26 (As of May. 29, 2024)


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What is Visaka Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Visaka Industries's current share price is ₹100.70. Visaka Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹79.83. Visaka Industries's Cyclically Adjusted PB Ratio for today is 1.26.

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

BOM:509055' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.23   Max: 1.74
Current: 1.31

During the past years, Visaka Industries's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.91. And the median was 1.23.

BOM:509055's Cyclically Adjusted PB Ratio is ranked worse than
54.82% of 1224 companies
in the Construction industry
Industry Median: 1.115 vs BOM:509055: 1.31

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.

Visaka Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹87.100. 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 ₹79.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visaka Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Visaka Industries'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.

Visaka Industries Cyclically Adjusted PB Ratio Chart

Visaka Industries 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 - - 1.61 0.91 1.33

Visaka Industries 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 0.91 - 1.17 - 1.33

Competitive Comparison of Visaka Industries's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Visaka Industries'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.


Visaka Industries's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Visaka Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Visaka Industries 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.

Visaka Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.70/79.83
=1.26

* 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.

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

For example, Visaka Industries'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)
=87.1/153.0345*153.0345
=87.100

Current CPI (Mar. 2024) = 153.0345.

Visaka Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 42.240 96.780 66.792
201412 0.000 96.780 0.000
201503 41.834 97.163 65.890
201506 0.000 99.841 0.000
201509 43.647 101.753 65.644
201512 0.000 102.901 0.000
201603 44.738 102.518 66.783
201606 0.000 105.961 0.000
201609 46.907 105.961 67.746
201612 0.000 105.196 0.000
201703 48.847 105.196 71.060
201706 0.000 107.109 0.000
201709 52.173 109.021 73.236
201712 0.000 109.404 0.000
201803 56.125 109.786 78.234
201806 0.000 111.317 0.000
201809 60.065 115.142 79.832
201812 0.000 115.142 0.000
201903 62.906 118.202 81.443
201906 0.000 120.880 0.000
201909 65.550 123.175 81.440
201912 0.000 126.235 0.000
202003 63.600 124.705 78.048
202006 0.000 127.000 0.000
202009 71.404 130.118 83.980
202012 0.000 130.889 0.000
202103 76.078 131.771 88.355
202106 0.000 134.084 0.000
202109 81.784 135.847 92.131
202112 0.000 138.161 0.000
202203 84.730 138.822 93.405
202206 0.000 142.347 0.000
202209 88.419 144.661 93.537
202212 0.000 145.763 0.000
202303 89.288 146.865 93.039
202306 0.000 150.280 0.000
202309 88.001 151.492 88.897
202312 0.000 152.924 0.000
202403 87.100 153.035 87.100

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.


Visaka Industries  (BOM:509055) 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.


Visaka Industries Cyclically Adjusted PB Ratio Related Terms

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


Visaka Industries (BOM:509055) Business Description

Traded in Other Exchanges
Address
S.P. Road, Visaka Towers, 1-8-303/69/3, Secunderabad, TG, IND, 500 003
Visaka Industries Ltd is a manufacturer of Roofing sheets and Cement sheets. It also manufactures Fiber sheets, Industrial sheets, Fiber cement corrugated sheets, Fiber cement sheets, and Roofing sheets. The company's activities are organized into two operating segments namely, Building Products and Textile Synthetic Yarn. The Building Products division produces asbestos sheets, accessories used mostly as a roofing material, and non-asbestos flat sheets and sandwich panels used as interiors. Its Synthetic Yarn division manufactures yarn out of blends of polyester, viscose, and other materials which go into the weaving of the fabric. It generates maximum revenue from the Building Products segment. Geographically, it derives a majority of its revenue from India.

Visaka Industries (BOM:509055) Headlines

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