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Asian Tea & Exports (BOM:519532) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Asian Tea & Exports Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Tea & Exports Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asian Tea & Exports'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.

Asian Tea & Exports Cyclically Adjusted PB Ratio Chart

Asian Tea & Exports 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 - - - - 0.32

Asian Tea & Exports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.32 - 0.36 -

Competitive Comparison of Asian Tea & Exports's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Asian Tea & Exports'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.


Asian Tea & Exports's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asian Tea & Exports's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Tea & Exports's Cyclically Adjusted PB Ratio falls into.



Asian Tea & Exports 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.

Asian Tea & Exports's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Asian Tea & Exports's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Asian Tea & Exports Quarterly Data

Book Value per Share CPI Adj_Book
201103 21.841 70.768 47.197
201203 22.399 76.889 44.549
201212 0.000 83.774 0.000
201303 23.415 85.687 41.788
201306 0.000 88.365 0.000
201309 0.000 91.042 0.000
201312 0.000 91.425 0.000
201403 23.981 91.425 40.112
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 24.703 97.163 38.880
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 25.787 102.518 38.466
201703 26.593 105.196 38.658
201803 27.146 109.786 37.812
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 27.936 118.202 36.142
201906 0.000 120.880 0.000
201909 25.334 123.175 31.453
201912 0.000 126.235 0.000
202003 29.983 124.705 36.768
202006 0.000 127.000 0.000
202009 31.636 130.118 37.181
202012 0.000 130.889 0.000
202103 32.760 131.771 38.019
202106 0.000 134.084 0.000
202109 32.741 135.847 36.857
202112 0.000 138.161 0.000
202203 29.527 138.822 32.527
202206 0.000 142.347 0.000
202209 30.323 144.661 32.055
202212 0.000 145.763 0.000
202303 30.162 146.865 31.406
202306 0.000 150.280 0.000
202309 30.467 151.492 30.755
202312 0.000 152.924 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.


Asian Tea & Exports  (BOM:519532) 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.


Asian Tea & Exports Cyclically Adjusted PB Ratio Related Terms

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Asian Tea & Exports (BOM:519532) Business Description

Traded in Other Exchanges
N/A
Address
4/1, Middleton Street, 5th Floor, Sikkim Commerce House, Kolkata, WB, IND, 700071
Asian Tea & Exports Ltd is an India-based company engaged in the trading, and exports of tea, fibre boards, elevators, yellow peas, rice, and pulses. The company caters to both domestic and international markets. It generates a vast majority of the revenue from sales of pulses domestically.

Asian Tea & Exports (BOM:519532) Headlines

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