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Shoppers Stop (NSE:SHOPERSTOP) Cyclically Adjusted PB Ratio : 12.51 (As of Jun. 13, 2024)


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What is Shoppers Stop Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Shoppers Stop's current share price is ₹752.70. Shoppers Stop's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹60.19. Shoppers Stop's Cyclically Adjusted PB Ratio for today is 12.51.

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

NSE:SHOPERSTOP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 5.66   Max: 12.8
Current: 12.49

During the past 13 years, Shoppers Stop's highest Cyclically Adjusted PB Ratio was 12.80. The lowest was 1.59. And the median was 5.66.

NSE:SHOPERSTOP's Cyclically Adjusted PB Ratio is ranked worse than
95.08% of 772 companies
in the Retail - Cyclical industry
Industry Median: 1.15 vs NSE:SHOPERSTOP: 12.49

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.

Shoppers Stop's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹27.414. 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 ₹60.19 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoppers Stop Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shoppers Stop'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.

Shoppers Stop Cyclically Adjusted PB Ratio Chart

Shoppers Stop 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 2.32 2.91 6.87 10.14 12.54

Shoppers Stop 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 10.14 - - - 12.54

Competitive Comparison of Shoppers Stop's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Shoppers Stop'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.


Shoppers Stop's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Shoppers Stop 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.

Shoppers Stop's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=752.70/60.19
=12.51

* 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.

Shoppers Stop's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Shoppers Stop's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=27.414/153.0345*153.0345
=27.414

Current CPI (Mar24) = 153.0345.

Shoppers Stop Annual Data

Book Value per Share CPI Adj_Book
201503 59.618 97.163 93.900
201603 58.424 102.518 87.213
201703 54.327 105.196 79.033
201803 97.336 109.786 135.680
201903 98.407 118.202 127.406
202003 7.169 124.705 8.798
202103 10.948 131.771 12.715
202203 6.934 138.822 7.644
202303 18.792 146.865 19.581
202403 27.414 153.035 27.414

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.


Shoppers Stop  (NSE:SHOPERSTOP) 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.


Shoppers Stop Cyclically Adjusted PB Ratio Related Terms

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Shoppers Stop (NSE:SHOPERSTOP) Business Description

Traded in Other Exchanges
Address
Mindspace, Off. Link Road, Umang Tower, 5th Floor, Malad (West), Mumbai, MH, IND, 400064
Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.

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