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Triveni Glass (BOM:502281) Cyclically Adjusted PB Ratio : (As of Nov. 10, 2024)


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What is Triveni Glass Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Triveni Glass Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Triveni Glass'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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Triveni Glass Cyclically Adjusted PB Ratio Chart

Triveni Glass Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Triveni Glass Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Triveni Glass's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Triveni Glass'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.


Triveni Glass's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Triveni Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Triveni Glass 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.

Triveni Glass's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Triveni Glass's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-11.44/157.1110*157.1110
=-11.440

Current CPI (Sep. 2024) = 157.1110.

Triveni Glass Quarterly Data

Book Value per Share CPI Adj_Book
201412 6.669 96.780 10.826
201503 -43.141 97.163 -69.758
201506 -42.023 99.841 -66.128
201509 -41.191 101.753 -63.600
201512 -39.321 102.901 -60.036
201603 -40.576 102.518 -62.183
201606 -38.592 105.961 -57.221
201609 -36.749 105.961 -54.489
201612 -32.741 105.196 -48.899
201703 -33.437 105.196 -49.938
201706 0.000 107.109 0.000
201709 -31.391 109.021 -45.238
201712 0.000 109.404 0.000
201803 -29.378 109.786 -42.042
201806 0.000 111.317 0.000
201809 -27.249 115.142 -37.181
201812 0.000 115.142 0.000
201903 -27.548 118.202 -36.616
201906 0.000 120.880 0.000
201909 -25.913 123.175 -33.052
201912 -22.933 126.235 -28.542
202003 14.988 124.705 18.883
202006 19.164 127.000 23.708
202009 12.605 130.118 15.220
202012 15.140 130.889 18.173
202103 15.038 131.771 17.930
202106 14.810 134.084 17.353
202109 14.684 135.847 16.982
202112 14.608 138.161 16.612
202203 -15.267 138.822 -17.278
202206 -15.356 142.347 -16.949
202209 -14.751 144.661 -16.021
202212 -13.761 145.763 -14.832
202303 -13.945 146.865 -14.918
202306 -13.932 150.280 -14.565
202309 -12.880 151.492 -13.358
202312 -12.665 152.924 -13.012
202403 -11.686 153.035 -11.997
202406 -11.397 155.789 -11.494
202409 -11.440 157.111 -11.440

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.


Triveni Glass  (BOM:502281) 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.


Triveni Glass Cyclically Adjusted PB Ratio Related Terms

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Triveni Glass Business Description

Traded in Other Exchanges
N/A
Address
1 Kanpur Road, Prayagraj, UP, IND, 211001
Triveni Glass Ltd is engaged in the manufacturing of glass. The firm manufactures and markets glass products. Its products include float, figured & wired, and sheet glass. The firm's glass products offer decorative benefits to architects, builders, and interior designers for a range of exciting applications in homes, restaurants, office interiors, and hotels.

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