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Century Textiles & Industries (BOM:500040) Cyclically Adjusted PB Ratio : 7.18 (As of May. 20, 2024)


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What is Century Textiles & Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Century Textiles & Industries's current share price is ₹2165.95. Century Textiles & Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹301.48. Century Textiles & Industries's Cyclically Adjusted PB Ratio for today is 7.18.

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

BOM:500040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.01   Max: 7.18
Current: 7.18

During the past years, Century Textiles & Industries's highest Cyclically Adjusted PB Ratio was 7.18. The lowest was 1.06. And the median was 2.01.

BOM:500040's Cyclically Adjusted PB Ratio is ranked worse than
96.33% of 218 companies
in the Forest Products industry
Industry Median: 0.89 vs BOM:500040: 7.18

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.

Century Textiles & Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹360.288. 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 ₹301.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Textiles & Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Century Textiles & 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.

Century Textiles & Industries Cyclically Adjusted PB Ratio Chart

Century Textiles & 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 1.18 1.82 3.15 2.21 5.41

Century Textiles & 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 2.21 - 3.77 - 5.41

Competitive Comparison of Century Textiles & Industries's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Century Textiles & 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.


Century Textiles & Industries's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Century Textiles & Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Century Textiles & 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.

Century Textiles & Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2165.95/301.48
=7.18

* 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.

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

For example, Century Textiles & 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)
=360.288/153.0345*153.0345
=360.288

Current CPI (Mar. 2024) = 153.0345.

Century Textiles & Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 211.074 96.780 333.762
201412 0.000 96.780 0.000
201503 223.235 97.163 351.602
201506 0.000 99.841 0.000
201509 198.096 101.753 297.932
201512 0.000 102.901 0.000
201603 211.624 102.518 315.902
201606 0.000 105.961 0.000
201609 9.999 105.961 14.441
201612 0.000 105.196 0.000
201703 222.198 105.196 323.244
201706 0.000 107.109 0.000
201709 9.999 109.021 14.036
201712 0.000 109.404 0.000
201803 246.015 109.786 342.928
201806 0.000 111.317 0.000
201809 9.999 115.142 13.290
201812 0.000 115.142 0.000
201903 294.832 118.202 381.715
201906 0.000 120.880 0.000
201909 306.201 123.175 380.429
201912 0.000 126.235 0.000
202003 311.514 124.705 382.281
202006 0.000 127.000 0.000
202009 306.593 130.118 360.591
202012 0.000 130.889 0.000
202103 313.741 131.771 364.370
202106 0.000 134.084 0.000
202109 324.564 135.847 365.628
202112 0.000 138.161 0.000
202203 332.942 138.822 367.029
202206 0.000 142.347 0.000
202209 337.755 144.661 357.305
202212 0.000 145.763 0.000
202303 347.984 146.865 362.603
202306 0.000 150.280 0.000
202309 336.748 151.492 340.177
202312 0.000 152.924 0.000
202403 360.288 153.035 360.288

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.


Century Textiles & Industries  (BOM:500040) 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.


Century Textiles & Industries Cyclically Adjusted PB Ratio Related Terms

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


Century Textiles & Industries (BOM:500040) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, Century Bhavan, Worli, Mumbai, MH, IND, 400030
Century Textiles & Industries Ltd is a manufacturer with three main business segments: Textiles, Pulp and Paper, and Real Estate. The textiles division manufactures textiles, including suits, shirts, denim products, and bed linens, and rayon products, including various types of yarns and chemicals used to make textiles, tires, and household products. The Real Estates segment includes leased properties. The pulp and paper segment sells products including writing and printing paper, tissue paper, and paper board. Most of the company's revenue is generated in India. Exports comprise less than 10% of total sales.

Century Textiles & Industries (BOM:500040) Headlines

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