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Welspun Specialty Solutions (BOM:500365) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is Welspun Specialty Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Welspun Specialty Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Welspun Specialty Solutions'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.

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Welspun Specialty Solutions Cyclically Adjusted PB Ratio Chart

Welspun Specialty Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Welspun Specialty Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Welspun Specialty Solutions's Cyclically Adjusted PB Ratio

For the Steel subindustry, Welspun Specialty Solutions'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.


Welspun Specialty Solutions's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun Specialty Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Welspun Specialty Solutions's Cyclically Adjusted PB Ratio falls into.



Welspun Specialty Solutions 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.

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

For example, Welspun Specialty Solutions'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)
=1.756/153.0345*153.0345
=1.756

Current CPI (Mar. 2024) = 153.0345.

Welspun Specialty Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 -13.460 96.780 -21.284
201412 0.000 96.780 0.000
201503 -13.668 97.163 -21.528
201506 0.000 99.841 0.000
201509 -14.171 101.753 -21.313
201512 0.000 102.901 0.000
201603 -35.600 102.518 -53.142
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 -22.023 105.196 -32.038
201706 0.000 107.109 0.000
201709 -30.059 109.021 -42.194
201712 0.000 109.404 0.000
201803 -30.047 109.786 -41.883
201806 0.000 111.317 0.000
201809 -5.416 115.142 -7.198
201812 0.000 115.142 0.000
201903 -6.123 118.202 -7.927
201906 0.000 120.880 0.000
201909 -3.989 123.175 -4.956
201912 0.000 126.235 0.000
202003 -2.147 124.705 -2.635
202006 0.000 127.000 0.000
202009 -1.530 130.118 -1.799
202012 0.000 130.889 0.000
202103 1.445 131.771 1.678
202106 0.000 134.084 0.000
202109 0.273 135.847 0.308
202112 0.000 138.161 0.000
202203 0.823 138.822 0.907
202206 0.000 142.347 0.000
202209 0.480 144.661 0.508
202212 0.000 145.763 0.000
202303 0.554 146.865 0.577
202306 0.000 150.280 0.000
202309 0.920 151.492 0.929
202312 0.000 152.924 0.000
202403 1.756 153.035 1.756

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.


Welspun Specialty Solutions  (BOM:500365) 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.


Welspun Specialty Solutions Cyclically Adjusted PB Ratio Related Terms

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Welspun Specialty Solutions (BOM:500365) Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Kamala Mills Compound, 5th Floor, Welspun House, Lower Parel (West), Mumbai, MH, IND, 400013
Welspun Specialty Solutions Ltd is engaged in the manufacturing of alloy and stainless steel products. The firm serves various industries such as automotive energy, defense, nuclear power, and aerospace. The company's business is predominantly confined to India.

Welspun Specialty Solutions (BOM:500365) Headlines

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