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Fervent Synergies (BOM:533896) Cyclically Adjusted PB Ratio : 0.91 (As of Jun. 09, 2024)


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What is Fervent Synergies Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Fervent Synergies's current share price is ₹15.70. Fervent Synergies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹17.31. Fervent Synergies's Cyclically Adjusted PB Ratio for today is 0.91.

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

BOM:533896' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.93   Max: 1.27
Current: 0.91

During the past years, Fervent Synergies's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.71. And the median was 0.93.

BOM:533896's Cyclically Adjusted PB Ratio is ranked better than
69.6% of 227 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs BOM:533896: 0.91

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.

Fervent Synergies's adjusted book value per share data for the three months ended in Mar. 2024 was ₹10.125. 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 ₹17.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fervent Synergies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fervent Synergies'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.

Fervent Synergies Cyclically Adjusted PB Ratio Chart

Fervent Synergies 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 - - 0.84 0.94 1.21

Fervent Synergies 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 0.94 - 1.14 - 1.21

Competitive Comparison of Fervent Synergies's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Fervent Synergies'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.


Fervent Synergies's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fervent Synergies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fervent Synergies 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.

Fervent Synergies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.70/17.31
=0.91

* 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.

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

For example, Fervent Synergies'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)
=10.125/153.0345*153.0345
=10.125

Current CPI (Mar. 2024) = 153.0345.

Fervent Synergies Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 11.802 96.780 18.662
201412 0.000 96.780 0.000
201503 12.147 97.163 19.132
201506 0.000 99.841 0.000
201509 12.453 101.753 18.729
201512 0.000 102.901 0.000
201603 12.780 102.518 19.077
201606 0.000 105.961 0.000
201609 13.205 105.961 19.071
201612 0.000 105.196 0.000
201703 13.583 105.196 19.760
201706 0.000 107.109 0.000
201709 13.978 109.021 19.621
201712 0.000 109.404 0.000
201803 13.934 109.786 19.423
201806 0.000 111.317 0.000
201809 14.002 115.142 18.610
201812 0.000 115.142 0.000
201903 14.260 118.202 18.462
201906 0.000 120.880 0.000
201909 14.286 123.175 17.749
201912 0.000 126.235 0.000
202003 14.192 124.705 17.416
202006 0.000 127.000 0.000
202009 14.237 130.118 16.744
202012 0.000 130.889 0.000
202103 14.348 131.771 16.663
202106 0.000 134.084 0.000
202109 14.421 135.847 16.246
202112 0.000 138.161 0.000
202203 14.329 138.822 15.796
202206 0.000 142.347 0.000
202209 14.360 144.661 15.191
202212 0.000 145.763 0.000
202303 14.406 146.865 15.011
202306 0.000 150.280 0.000
202309 14.470 151.492 14.617
202312 0.000 152.924 0.000
202403 10.125 153.035 10.125

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.


Fervent Synergies  (BOM:533896) 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.


Fervent Synergies Cyclically Adjusted PB Ratio Related Terms

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


Fervent Synergies (BOM:533896) Business Description

Traded in Other Exchanges
N/A
Address
M. G. Road, B-7/8, Satyam Commercial Complex, Ghatkopar (East), Mumbai, MH, IND, 400077
Fervent Synergies Ltd is an India-based company that is engaged in the trading of manufactured and basic foodstuff. The company's business segments are Food and Finance. Its Food division engages in trading of almonds and the Finance division engages in the business activities of funds lending, investing in fixed-term deposits, and similar securities. The company earns maximum revenue from the Finance division segment.

Fervent Synergies (BOM:533896) Headlines

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