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Shree Digvijay Cement Co (BOM:502180) Cyclically Adjusted PB Ratio : 4.95 (As of Jun. 21, 2024)


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What is Shree Digvijay Cement Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Shree Digvijay Cement Co's current share price is ₹110.80. Shree Digvijay Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹22.40. Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio for today is 4.95.

The historical rank and industry rank for Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:502180' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.54   Med: 3.44   Max: 5.18
Current: 4.99

During the past years, Shree Digvijay Cement Co's highest Cyclically Adjusted PB Ratio was 5.18. The lowest was 2.54. And the median was 3.44.

BOM:502180's Cyclically Adjusted PB Ratio is ranked worse than
87.85% of 321 companies
in the Building Materials industry
Industry Median: 1.08 vs BOM:502180: 4.99

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.

Shree Digvijay Cement Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₹25.884. 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 ₹22.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shree Digvijay Cement Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shree Digvijay Cement Co'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.

Shree Digvijay Cement Co Cyclically Adjusted PB Ratio Chart

Shree Digvijay Cement Co Annual Data
Trend Dec14 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 - - 3.08 2.82 4.33

Shree Digvijay Cement Co 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 2.82 - 4.09 - 4.33

Competitive Comparison of Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Shree Digvijay Cement Co'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.


Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio falls into.



Shree Digvijay Cement Co 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.

Shree Digvijay Cement Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.80/22.4
=4.95

* 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.

Shree Digvijay Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shree Digvijay Cement Co'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)
=25.884/153.0345*153.0345
=25.884

Current CPI (Mar. 2024) = 153.0345.

Shree Digvijay Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 13.400 91.425 22.430
201403 0.000 91.425 0.000
201406 14.928 94.103 24.277
201409 0.000 96.780 0.000
201412 13.658 96.780 21.597
201503 0.000 97.163 0.000
201506 13.849 99.841 21.228
201509 0.000 101.753 0.000
201606 0.000 105.961 0.000
201609 13.519 105.961 19.525
201612 0.000 105.196 0.000
201703 14.446 105.196 21.015
201706 0.000 107.109 0.000
201709 14.558 109.021 20.435
201712 0.000 109.404 0.000
201803 15.456 109.786 21.545
201806 0.000 111.317 0.000
201809 15.778 115.142 20.970
201812 0.000 115.142 0.000
201903 15.542 118.202 20.122
201906 0.000 120.880 0.000
201909 17.214 123.175 21.387
201912 0.000 126.235 0.000
202003 19.551 124.705 23.992
202006 0.000 127.000 0.000
202009 18.948 130.118 22.285
202012 0.000 130.889 0.000
202103 21.858 131.771 25.385
202106 0.000 134.084 0.000
202109 21.749 135.847 24.501
202112 0.000 138.161 0.000
202203 21.675 138.822 23.894
202206 0.000 142.347 0.000
202209 21.262 144.661 22.493
202212 0.000 145.763 0.000
202303 22.383 146.865 23.323
202306 0.000 150.280 0.000
202309 21.474 151.492 21.693
202312 0.000 152.924 0.000
202403 25.884 153.035 25.884

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.


Shree Digvijay Cement Co  (BOM:502180) 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.


Shree Digvijay Cement Co Cyclically Adjusted PB Ratio Related Terms

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Shree Digvijay Cement Co (BOM:502180) Business Description

Traded in Other Exchanges
Address
P.O. Digvijaygram, Jamnagar, GJ, IND, 361140
Shree Digvijay Cement Co Ltd is an India-based company. It is mainly involved in cement and clinker manufacturing. The company manufactures cement under the brand name KAMAL, also manufacturing some special cement-like oil well cement, Sulphate resisting Portland cement, and manufacturing cement. The company mainly operates in India. The majority of its revenue comes from the sales of cement and clinker products.

Shree Digvijay Cement Co (BOM:502180) Headlines

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