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GRP (BOM:509152) Cyclically Adjusted PB Ratio : (As of Oct. 31, 2024)


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What is GRP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GRP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GRP'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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GRP Cyclically Adjusted PB Ratio Chart

GRP Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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GRP Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of GRP's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, GRP'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.


GRP's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GRP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GRP 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.

GRP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

GRP Quarterly Data

Book Value per Share CPI Adj_Book
201009 0.000 68.473 0.000
201012 0.000 70.768 0.000
201103 0.000 70.768 0.000
201109 153.269 75.359 316.853
201112 0.000 75.359 0.000
201203 165.262 76.889 334.847
201206 0.000 79.567 0.000
201209 5.000 82.244 9.471
201212 0.000 83.774 0.000
201303 182.841 85.687 332.426
201403 198.497 91.425 338.241
201503 211.399 97.163 338.953
201603 226.360 102.518 343.981
201703 236.838 105.196 350.743
201803 232.628 109.786 330.103
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 243.395 118.202 320.792
201906 0.000 120.880 0.000
201909 247.709 123.175 313.297
201912 0.000 126.235 0.000
202003 238.494 124.705 297.941
202006 0.000 127.000 0.000
202009 232.891 130.118 278.838
202012 0.000 130.889 0.000
202103 246.714 131.771 291.684
202106 0.000 134.084 0.000
202109 249.936 135.847 286.626
202112 0.000 138.161 0.000
202203 255.418 138.822 286.636
202206 0.000 142.347 0.000
202209 261.397 144.661 281.505
202212 0.000 145.763 0.000
202303 276.408 146.865 293.204
202306 0.000 150.280 0.000
202309 284.243 151.492 292.305
202312 0.000 152.924 0.000
202403 312.634 153.035 318.261
202406 0.000 155.789 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.


GRP  (BOM:509152) 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.


GRP Cyclically Adjusted PB Ratio Related Terms

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


GRP Business Description

Traded in Other Exchanges
Address
Kirol Road, Off. L.B. Shastri Marg, 510, A Wing, Kohinoor City Commercial I, Kurla (West), Mumbai, MH, IND, 400 070
GRP Ltd is an investment holding company. It is a manufacturer of reclaimed rubber from used tires, upscaled polyamide from nylon waste, and engineered products. The operating segments of the company include Reclaim Rubber and Others. It generates maximum revenue from the Reclaim Rubber segment. Reclaim Rubber segment includes the production and marketing of Reclaim rubber products. The Others segment includes Windmills, Custom Die Forms, Engineering Plastics, and Polymer Composite Products.

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