SELECT * FROM `stock_list` where symbol='500043' AND exchange = 'BOM' limit 0,1
SELECT * FROM `stock_list` where symbol='500043' AND exchange = 'BOM' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "500043" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 Bata India (BOM:500043) Cyclically Adjusted PB Ratio
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bata India Ltd (BOM:500043) » Definitions » Cyclically Adjusted PB Ratio

Bata India (BOM:500043) Cyclically Adjusted PB Ratio : 9.65 (As of May. 01, 2024)


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What is Bata India Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Bata India's current share price is ₹1367.95. Bata India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹141.81. Bata India's Cyclically Adjusted PB Ratio for today is 9.65.

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

BOM:500043' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.61   Med: 12.66   Max: 15.85
Current: 9.61

During the past 13 years, Bata India's highest Cyclically Adjusted PB Ratio was 15.85. The lowest was 9.61. And the median was 12.66.

BOM:500043's Cyclically Adjusted PB Ratio is ranked worse than
95.25% of 653 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.99 vs BOM:500043: 9.61

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.

Bata India's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹111.899. 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 ₹141.81 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bata India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bata India'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.

Bata India Cyclically Adjusted PB Ratio Chart

Bata India Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.41 11.60 11.69 14.81 10.01

Bata India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 10.01 - - -

Competitive Comparison of Bata India's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Bata India'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.


Bata India's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Bata India 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.

Bata India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1367.95/141.81
=9.65

* 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.

Bata India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Bata India's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=111.899/146.8646*146.8646
=111.899

Current CPI (Mar23) = 146.8646.

Bata India Annual Data

Book Value per Share CPI Adj_Book
201312 65.346 91.425 104.972
201503 82.081 97.163 124.068
201603 94.993 102.518 136.084
201703 103.038 105.196 143.852
201803 114.737 109.786 153.487
201903 135.523 118.202 168.386
202003 147.355 124.705 173.539
202103 136.787 131.771 152.456
202203 141.187 138.822 149.367
202303 111.899 146.865 111.899

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.


Bata India  (BOM:500043) 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.


Bata India Cyclically Adjusted PB Ratio Related Terms

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


Bata India (BOM:500043) Business Description

Traded in Other Exchanges
Address
418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable Segment for the Company which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its thousands of Bata, Hush Puppies, and Footin retail stores and through its e-commerce channel. Bata generates nearly all its sales in India, mostly from footwear.

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