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Aviva Industries (BOM:512109) Cyclically Adjusted PB Ratio : 1.25 (As of Jun. 03, 2025)


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What is Aviva Industries Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Aviva Industries's current share price is ₹42.82. Aviva Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₹34.37. Aviva Industries's Cyclically Adjusted PB Ratio for today is 1.25.

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

BOM:512109' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.77   Max: 1.17
Current: 1.17

During the past years, Aviva Industries's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.22. And the median was 0.77.

BOM:512109's Cyclically Adjusted PB Ratio is ranked worse than
53.91% of 729 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs BOM:512109: 1.17

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.

Aviva Industries's adjusted book value per share data for the three months ended in Dec. 2024 was ₹20.478. 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 ₹34.37 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aviva Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aviva 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.

Aviva Industries Cyclically Adjusted PB Ratio Chart

Aviva 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 - 0.28 0.61 0.85 0.71

Aviva Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 0.71 - 0.71 0.86

Competitive Comparison of Aviva Industries's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Aviva 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.


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

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

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


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Aviva 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.

Aviva Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.82/34.37
=1.25

* 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.

Aviva Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=20.478/158.3229*158.3229
=20.478

Current CPI (Dec. 2024) = 158.3229.

Aviva Industries Quarterly Data

Book Value per Share CPI Adj_Book
201503 29.099 97.163 47.416
201506 0.000 99.841 0.000
201509 29.062 101.753 45.219
201512 0.000 102.901 0.000
201603 28.853 102.518 44.559
201606 0.000 105.961 0.000
201609 28.492 105.961 42.572
201612 0.000 105.196 0.000
201703 28.899 105.196 43.494
201706 0.000 107.109 0.000
201709 28.996 109.021 42.109
201712 0.000 109.404 0.000
201803 29.057 109.786 41.903
201806 0.000 111.317 0.000
201809 28.898 115.142 39.735
201812 0.000 115.142 0.000
201903 29.602 118.202 39.650
201906 0.000 120.880 0.000
201909 29.544 123.175 37.974
201912 0.000 126.235 0.000
202003 29.614 124.705 37.597
202006 0.000 127.000 0.000
202009 29.288 130.118 35.637
202012 0.000 130.889 0.000
202103 29.635 131.771 35.607
202106 0.000 134.084 0.000
202109 29.959 135.847 34.916
202112 0.000 138.161 0.000
202203 21.013 138.822 23.965
202206 0.000 142.347 0.000
202209 20.699 144.661 22.654
202212 0.000 145.763 0.000
202303 20.736 146.865 22.354
202306 0.000 150.280 0.000
202309 21.007 151.492 21.954
202312 0.000 152.924 0.000
202403 20.771 153.035 21.489
202406 0.000 155.789 0.000
202409 20.498 157.882 20.555
202412 20.478 158.323 20.478

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.


Aviva Industries  (BOM:512109) 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.


Aviva Industries Cyclically Adjusted PB Ratio Related Terms

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


Aviva Industries Business Description

Traded in Other Exchanges
N/A
Address
Near Thaltej Cross Road, S. G. Highway, C-3/1001, Anblk, Near Jain Temple, Opposite New York Tower, Ahmedabad, GJ, IND, 380054
Aviva Industries Ltd is engaged in manufacturing and trading of glass in primary and semi-manufactured forms. The company's core business is of trading and Manufacturing of Glass and Glass Mosaic Products and Construction Chemicals from the trading of textiles.

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