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Swarnsarita Jewels India (BOM:526365) Cyclically Adjusted PB Ratio : (As of May. 31, 2024)


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What is Swarnsarita Jewels India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Swarnsarita Jewels India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Swarnsarita Jewels 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.

Swarnsarita Jewels India Cyclically Adjusted PB Ratio Chart

Swarnsarita Jewels India 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 - - 0.22 0.42 0.30

Swarnsarita Jewels India 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 - 0.30 - 0.54 -

Competitive Comparison of Swarnsarita Jewels India's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Swarnsarita Jewels 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.


Swarnsarita Jewels India's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swarnsarita Jewels India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Swarnsarita Jewels 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.

Swarnsarita Jewels India's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Swarnsarita Jewels India'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.

Swarnsarita Jewels India Quarterly Data

Book Value per Share CPI Adj_Book
201403 36.211 91.425 60.569
201406 0.000 94.103 0.000
201409 36.907 96.780 58.317
201412 0.000 96.780 0.000
201503 37.791 97.163 59.479
201506 0.000 99.841 0.000
201509 38.486 101.753 57.840
201512 0.000 102.901 0.000
201603 39.085 102.518 58.302
201606 0.000 105.961 0.000
201609 40.346 105.961 58.228
201612 0.000 105.196 0.000
201703 40.470 105.196 58.832
201706 0.000 107.109 0.000
201709 42.773 109.021 59.998
201712 0.000 109.404 0.000
201803 42.548 109.786 59.266
201806 0.000 111.317 0.000
201809 44.870 115.142 59.594
201812 0.000 115.142 0.000
201903 44.842 118.202 58.014
201906 0.000 120.880 0.000
201909 47.050 123.175 58.414
201912 0.000 126.235 0.000
202003 47.010 124.705 57.648
202006 0.000 127.000 0.000
202009 48.646 130.118 57.172
202012 0.000 130.889 0.000
202103 49.787 131.771 57.780
202106 0.000 134.084 0.000
202109 51.425 135.847 57.890
202112 0.000 138.161 0.000
202203 53.430 138.822 58.858
202206 0.000 142.347 0.000
202209 56.086 144.661 59.290
202212 0.000 145.763 0.000
202303 56.417 146.865 58.745
202306 0.000 150.280 0.000
202309 58.583 151.492 59.137
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.


Swarnsarita Jewels India  (BOM:526365) 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.


Swarnsarita Jewels India Cyclically Adjusted PB Ratio Related Terms

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Swarnsarita Jewels India (BOM:526365) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 24, 3-7 Dhanji Street, Navnidan Bhuvan, 2nd Floor, Mumbai, MH, IND, 400003
Swarnsarita Jewels India Ltd is principally engaged in manufacturing, exports-imports, wholesale and retail marketing of high-end Gold Jewellery and Diamond Jewellery. The company operates through multiple regions across India. Most of its revenue is earned from the Indian market, while it also has a presence in various abroad countries. It operates in one segment Diamond studded Jewellery.

Swarnsarita Jewels India (BOM:526365) Headlines

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