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Siyaram Silk Mills (BOM:503811) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Siyaram Silk Mills Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Siyaram Silk Mills Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Siyaram Silk Mills'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.

Siyaram Silk Mills Cyclically Adjusted PB Ratio Chart

Siyaram Silk Mills Annual Data
Trend Mar14 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 - 1.21 1.36 2.73 2.37

Siyaram Silk Mills 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 - 2.37 - 3.02 -

Competitive Comparison of Siyaram Silk Mills's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Siyaram Silk Mills'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.


Siyaram Silk Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Siyaram Silk Mills's Cyclically Adjusted PB Ratio falls into.



Siyaram Silk Mills 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.

Siyaram Silk Mills's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Siyaram Silk Mills's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Siyaram Silk Mills Quarterly Data

Book Value per Share CPI Adj_Book
201403 78.862 91.425 131.911
201406 0.000 94.103 0.000
201409 85.581 96.780 135.228
201412 0.000 96.780 0.000
201503 95.547 97.163 150.381
201506 0.000 99.841 0.000
201509 100.194 101.753 150.581
201512 0.000 102.901 0.000
201603 107.987 102.518 161.082
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 127.290 105.196 185.043
201706 0.000 107.109 0.000
201709 132.370 109.021 185.675
201712 0.000 109.404 0.000
201803 144.704 109.786 201.562
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 161.063 118.202 208.376
201906 0.000 120.880 0.000
201909 166.605 123.175 206.844
201912 0.000 126.235 0.000
202003 162.593 124.705 199.386
202006 0.000 127.000 0.000
202009 145.097 130.118 170.529
202012 0.000 130.889 0.000
202103 163.636 131.771 189.905
202106 0.000 134.084 0.000
202109 172.908 135.847 194.644
202112 0.000 138.161 0.000
202203 199.271 138.822 219.514
202206 0.000 142.347 0.000
202209 219.758 144.661 232.311
202212 0.000 145.763 0.000
202303 242.562 146.865 252.570
202306 0.000 150.280 0.000
202309 253.731 151.492 256.130
202312 0.000 152.924 0.000

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.


Siyaram Silk Mills  (BOM:503811) 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.


Siyaram Silk Mills Cyclically Adjusted PB Ratio Related Terms

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Siyaram Silk Mills (BOM:503811) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, B-5, Trade World, Kamala City, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Siyaram Silk Mills Ltd is an Indian company that is engaged in the manufacturing of suiting and shirting fabrics and readymade garments. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company produces fashionable curtains and upholstery fabrics under the Casa Moda brand. The company operates a chain of retail outlets across India The company earns its revenue from the textile business.

Siyaram Silk Mills (BOM:503811) Headlines

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