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Blue Chip Tex Industries (BOM:506981) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 22, 2024)


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What is Blue Chip Tex Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Blue Chip Tex Industries's current share price is ₹166.20. Blue Chip Tex Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹112.53. Blue Chip Tex Industries's Cyclically Adjusted PB Ratio for today is 1.48.

The historical rank and industry rank for Blue Chip Tex Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:506981' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.47   Max: 2.22
Current: 1.51

During the past years, Blue Chip Tex Industries's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 1.27. And the median was 1.47.

BOM:506981's Cyclically Adjusted PB Ratio is ranked worse than
62.36% of 866 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs BOM:506981: 1.51

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.

Blue Chip Tex Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹140.844. 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 ₹112.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blue Chip Tex Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blue Chip Tex Industries'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.

Blue Chip Tex Industries Cyclically Adjusted PB Ratio Chart

Blue Chip Tex Industries Annual Data
Trend Mar15 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 - 1.28 1.78 1.30 1.56

Blue Chip Tex Industries 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 1.30 - 1.30 - 1.56

Competitive Comparison of Blue Chip Tex Industries's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Blue Chip Tex Industries'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.


Blue Chip Tex Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Blue Chip Tex Industries's Cyclically Adjusted PB Ratio falls into.



Blue Chip Tex Industries 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.

Blue Chip Tex Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.20/112.53
=1.48

* 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.

Blue Chip Tex Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Blue Chip Tex Industries'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)
=140.844/153.0345*153.0345
=140.844

Current CPI (Mar. 2024) = 153.0345.

Blue Chip Tex Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 28.692 96.780 45.369
201412 0.000 96.780 0.000
201503 33.109 97.163 52.148
201506 0.000 99.841 0.000
201509 38.180 101.753 57.422
201512 0.000 102.901 0.000
201603 45.338 102.518 67.678
201606 0.000 105.961 0.000
201609 50.685 105.961 73.202
201612 0.000 105.196 0.000
201703 54.084 105.196 78.679
201706 0.000 107.109 0.000
201709 61.625 109.021 86.504
201712 0.000 109.404 0.000
201803 78.635 109.786 109.612
201806 0.000 111.317 0.000
201809 84.427 115.142 112.211
201812 0.000 115.142 0.000
201903 91.223 118.202 118.105
201906 0.000 120.880 0.000
201909 108.151 123.175 134.368
201912 0.000 126.235 0.000
202003 118.469 124.705 145.382
202006 0.000 127.000 0.000
202009 118.079 130.118 138.875
202012 0.000 130.889 0.000
202103 125.819 131.771 146.123
202106 0.000 134.084 0.000
202109 134.267 135.847 151.255
202112 0.000 138.161 0.000
202203 138.999 138.822 153.230
202206 0.000 142.347 0.000
202209 137.715 144.661 145.686
202212 0.000 145.763 0.000
202303 140.734 146.865 146.646
202306 0.000 150.280 0.000
202309 145.697 151.492 147.180
202312 0.000 152.924 0.000
202403 140.844 153.035 140.844

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.


Blue Chip Tex Industries  (BOM:506981) 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.


Blue Chip Tex Industries Cyclically Adjusted PB Ratio Related Terms

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


Blue Chip Tex Industries (BOM:506981) Business Description

Traded in Other Exchanges
N/A
Address
Jamnalal Bajaj Road, Office no. 15,16 and 17, Maker Chambers-III, 1st Floor, Nariman Point, Mumbai, MH, IND, 400021
Blue Chip Tex Industries Ltd is an India based company engaged in the business of Polyester Texturised. It is a manufacturer of synthetic or artificial filament yarn, tenacity yarn including high tenacity yarn. The company's main business segment is manufacturing of polyester texturised yarn and sale in the domestic market.

Blue Chip Tex Industries (BOM:506981) Headlines

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