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Ganon Products (BOM:512443) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 25, 2024)


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What is Ganon Products Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Ganon Products's current share price is ₹6.38. Ganon Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹14.71. Ganon Products's Cyclically Adjusted PB Ratio for today is 0.43.

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

BOM:512443' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.84   Max: 1.17
Current: 0.41

During the past years, Ganon Products's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.36. And the median was 0.84.

BOM:512443's Cyclically Adjusted PB Ratio is ranked better than
83.81% of 636 companies
in the Capital Markets industry
Industry Median: 1.16 vs BOM:512443: 0.41

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.

Ganon Products's adjusted book value per share data for the three months ended in Mar. 2024 was ₹11.755. 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 ₹14.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganon Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ganon Products'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.

Ganon Products Cyclically Adjusted PB Ratio Chart

Ganon Products 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 - 0.69 0.75 0.87 0.59

Ganon Products 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 0.87 - 1.07 - 0.59

Competitive Comparison of Ganon Products's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Ganon Products'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.


Ganon Products's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ganon Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ganon Products 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.

Ganon Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.38/14.71
=0.43

* 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.

Ganon Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ganon Products'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)
=11.755/153.0345*153.0345
=11.755

Current CPI (Mar. 2024) = 153.0345.

Ganon Products Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 10.932 96.780 17.286
201412 0.000 96.780 0.000
201503 11.136 97.163 17.540
201506 0.000 99.841 0.000
201509 11.175 101.753 16.807
201512 0.000 102.901 0.000
201603 11.183 102.518 16.693
201606 0.000 105.961 0.000
201609 11.098 105.961 16.028
201612 0.000 105.196 0.000
201703 11.228 105.196 16.334
201706 0.000 107.109 0.000
201709 11.186 109.021 15.702
201712 0.000 109.404 0.000
201803 11.257 109.786 15.691
201806 0.000 111.317 0.000
201809 11.170 115.142 14.846
201812 0.000 115.142 0.000
201903 13.961 118.202 18.075
201906 0.000 120.880 0.000
201909 11.172 123.175 13.880
201912 0.000 126.235 0.000
202003 11.487 124.705 14.097
202006 0.000 127.000 0.000
202009 11.616 130.118 13.662
202012 0.000 130.889 0.000
202103 11.552 131.771 13.416
202106 0.000 134.084 0.000
202109 11.520 135.847 12.978
202112 0.000 138.161 0.000
202203 11.585 138.822 12.771
202206 0.000 142.347 0.000
202209 11.694 144.661 12.371
202212 0.000 145.763 0.000
202303 11.606 146.865 12.094
202306 0.000 150.280 0.000
202309 12.019 151.492 12.141
202312 0.000 152.924 0.000
202403 11.755 153.035 11.755

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.


Ganon Products  (BOM:512443) 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.


Ganon Products Cyclically Adjusted PB Ratio Related Terms

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


Ganon Products (BOM:512443) Business Description

Traded in Other Exchanges
N/A
Address
R.B. Mehta Road, Office No. 304, 3rd Floor, Khodal Chamber, Near Sudha Park, Ghatkopar (East), Mumbai, MH, IND, 400077
Ganon Products Ltd is mainly engaged in the trading business of commodities more specifically in Cotton, Fabrics, Steel, Metal, Coal, and others, domestically and internationally.

Ganon Products (BOM:512443) Headlines

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