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Welterman International (BOM:526431) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Welterman International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Welterman International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Welterman International'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.

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Welterman International Cyclically Adjusted PB Ratio Chart

Welterman International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Welterman International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Welterman International's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Welterman International'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.


Welterman International's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Welterman International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Welterman International 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.

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

For example, Welterman International'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.

Welterman International Quarterly Data

Book Value per Share CPI Adj_Book
201403 -16.600 91.425 -27.766
201406 0.000 94.103 0.000
201409 -18.008 96.780 -28.455
201412 -18.185 96.780 -28.734
201503 -22.407 97.163 -35.266
201506 -22.738 99.841 -34.827
201509 -23.066 101.753 -34.666
201512 0.000 102.901 0.000
201603 -27.936 102.518 -41.672
201606 0.000 105.961 0.000
201609 -28.538 105.961 -41.186
201612 0.000 105.196 0.000
201703 -28.632 105.196 -41.623
201706 0.000 107.109 0.000
201709 -29.087 109.021 -40.800
201712 0.000 109.404 0.000
201803 -32.094 109.786 -44.705
201806 0.000 111.317 0.000
201809 -32.570 115.142 -43.257
201812 0.000 115.142 0.000
201903 -29.388 118.202 -38.021
201906 0.000 120.880 0.000
201909 -28.968 123.175 -35.964
201912 0.000 126.235 0.000
202003 -29.377 124.705 -36.025
202006 0.000 127.000 0.000
202009 -29.249 130.118 -34.376
202012 0.000 130.889 0.000
202103 -29.788 131.771 -34.570
202106 0.000 134.084 0.000
202109 -29.548 135.847 -33.262
202112 0.000 138.161 0.000
202203 -26.548 138.822 -29.245
202206 0.000 142.347 0.000
202209 -27.204 144.661 -28.758
202212 0.000 145.763 0.000
202303 -27.223 146.865 -28.346
202306 0.000 150.280 0.000
202309 -27.355 151.492 -27.614
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.


Welterman International  (BOM:526431) 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.


Welterman International Cyclically Adjusted PB Ratio Related Terms

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Welterman International (BOM:526431) Business Description

Traded in Other Exchanges
N/A
Address
R.C. Dutt Road, Race Course, 701-702, Alkapuri Arcade, A-Wing, 7th floor, Opposite Welcom Hotel, Vadodara, GJ, IND, 390007
Welterman International Ltd manufactures leather soles in India. Principally, it is engaged in the business of trading of shoe leather and manufacturing of inorganic water-soluble chemical fertilizers. The company offers leather soles, rubber soles, thermoplastic rubbers, thermoplastic polyurethane, polyvinyl chloride soles, specialized injected soles and leather soles with masonite heels. The company generate its revenue from fertilizer.

Welterman International (BOM:526431) Headlines

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