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Associated Alcohols & Breweries (BOM:507526) Cyclically Adjusted PB Ratio : 5.36 (As of Jun. 19, 2024)


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What is Associated Alcohols & Breweries Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Associated Alcohols & Breweries's current share price is ₹681.95. Associated Alcohols & Breweries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹127.18. Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio for today is 5.36.

The historical rank and industry rank for Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:507526' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.98   Med: 4.5   Max: 7.6
Current: 5.56

During the past years, Associated Alcohols & Breweries's highest Cyclically Adjusted PB Ratio was 7.60. The lowest was 2.98. And the median was 4.50.

BOM:507526's Cyclically Adjusted PB Ratio is ranked worse than
81.29% of 171 companies
in the Beverages - Alcoholic industry
Industry Median: 1.88 vs BOM:507526: 5.56

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.

Associated Alcohols & Breweries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹233.888. 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 ₹127.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Associated Alcohols & Breweries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Associated Alcohols & Breweries'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.

Associated Alcohols & Breweries Cyclically Adjusted PB Ratio Chart

Associated Alcohols & Breweries 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 - - 5.41 2.98 3.70

Associated Alcohols & Breweries 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 2.98 - 4.01 - 3.70

Competitive Comparison of Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Associated Alcohols & Breweries'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.


Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio falls into.



Associated Alcohols & Breweries 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.

Associated Alcohols & Breweries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=681.95/127.18
=5.36

* 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.

Associated Alcohols & Breweries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Associated Alcohols & Breweries'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)
=233.888/153.0345*153.0345
=233.888

Current CPI (Mar. 2024) = 153.0345.

Associated Alcohols & Breweries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 35.172 96.780 55.616
201412 0.000 96.780 0.000
201503 37.444 97.163 58.975
201506 0.000 99.841 0.000
201509 40.430 101.753 60.806
201512 0.000 102.901 0.000
201603 44.789 102.518 66.859
201606 0.000 105.961 0.000
201609 49.112 105.961 70.930
201612 0.000 105.196 0.000
201703 54.359 105.196 79.079
201706 0.000 107.109 0.000
201709 58.494 109.021 82.109
201712 0.000 109.404 0.000
201803 66.800 109.786 93.114
201806 0.000 111.317 0.000
201809 74.730 115.142 99.323
201812 0.000 115.142 0.000
201903 82.503 118.202 106.815
201906 0.000 120.880 0.000
201909 93.594 123.175 116.283
201912 0.000 126.235 0.000
202003 108.008 124.705 132.544
202006 0.000 127.000 0.000
202009 116.917 130.118 137.509
202012 0.000 130.889 0.000
202103 139.292 131.771 161.770
202106 0.000 134.084 0.000
202109 151.804 135.847 171.010
202112 0.000 138.161 0.000
202203 173.039 138.822 190.755
202206 0.000 142.347 0.000
202209 189.389 144.661 200.351
202212 0.000 145.763 0.000
202303 201.007 146.865 209.451
202306 0.000 150.280 0.000
202309 214.263 151.492 216.445
202312 0.000 152.924 0.000
202403 233.888 153.035 233.888

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.


Associated Alcohols & Breweries  (BOM:507526) 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.


Associated Alcohols & Breweries Cyclically Adjusted PB Ratio Related Terms

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Associated Alcohols & Breweries (BOM:507526) Business Description

Traded in Other Exchanges
Address
BPK Star Tower, A.B. Road, 4th Floor, Indore, MP, IND, 452 008
Associated Alcohols & Breweries Ltd is engaged in the manufacturing of liquor. The company operates in two business segments that is Potable Alcohol and Ethanol. Geographically, it derives a majority of revenue from India. The company brands include Central Province Whisky; Titanium; Bombay Special Whisky; Desi Madira Masala; Superman Fine Whisky; James MC Gill Whisky and Jamaican Magic Rum.

Associated Alcohols & Breweries (BOM:507526) Headlines

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