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VIP Industries (NSE:VIPIND) Cyclically Adjusted PB Ratio : 11.55 (As of May. 17, 2024)


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What is VIP Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-17), VIP Industries's current share price is ₹510.10. VIP Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹44.18. VIP Industries's Cyclically Adjusted PB Ratio for today is 11.55.

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

NSE:VIPIND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.51   Med: 14.73   Max: 16.5
Current: 11.52

During the past years, VIP Industries's highest Cyclically Adjusted PB Ratio was 16.50. The lowest was 11.51. And the median was 14.73.

NSE:VIPIND's Cyclically Adjusted PB Ratio is ranked worse than
95.81% of 668 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01 vs NSE:VIPIND: 11.52

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.

VIP Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹47.756. 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 ₹44.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VIP Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VIP Industries'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.

VIP Industries Cyclically Adjusted PB Ratio Chart

VIP Industries 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 - - - 14.73 11.89

VIP Industries 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 14.73 - 15.58 - 11.89

Competitive Comparison of VIP Industries's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, VIP Industries'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.


VIP Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



VIP Industries 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.

VIP Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=510.10/44.18
=11.55

* 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.

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

For example, VIP Industries'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)
=47.756/153.0345*153.0345
=47.756

Current CPI (Mar. 2024) = 153.0345.

VIP Industries Quarterly Data

Book Value per Share CPI Adj_Book
201203 17.166 76.889 34.166
201303 18.225 85.687 32.549
201403 20.310 91.425 33.997
201503 21.636 97.163 34.077
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 25.610 102.518 38.229
201606 0.000 105.961 0.000
201609 27.377 105.961 39.539
201612 0.000 105.196 0.000
201703 28.864 105.196 41.990
201706 0.000 107.109 0.000
201709 31.457 109.021 44.157
201712 0.000 109.404 0.000
201803 34.609 109.786 48.243
201806 0.000 111.317 0.000
201809 39.426 115.142 52.401
201812 0.000 115.142 0.000
201903 41.140 118.202 53.263
201906 0.000 120.880 0.000
201909 43.619 123.175 54.193
201912 0.000 126.235 0.000
202003 43.173 124.705 52.981
202006 0.000 127.000 0.000
202009 36.988 130.118 43.502
202012 0.000 130.889 0.000
202103 36.597 131.771 42.503
202106 0.000 134.084 0.000
202109 38.432 135.847 43.294
202112 0.000 138.161 0.000
202203 39.560 138.822 43.610
202206 0.000 142.347 0.000
202209 47.162 144.661 49.892
202212 0.000 145.763 0.000
202303 45.299 146.865 47.202
202306 0.000 150.280 0.000
202309 50.433 151.492 50.947
202312 0.000 152.924 0.000
202403 47.756 153.035 47.756

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.


VIP Industries  (NSE:VIPIND) 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.


VIP Industries Cyclically Adjusted PB Ratio Related Terms

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


VIP Industries (NSE:VIPIND) Business Description

Traded in Other Exchanges
Address
88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and uprights, among others.

VIP Industries (NSE:VIPIND) Headlines

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