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Lloyds Enterprises (BOM:512463) Cyclically Adjusted PB Ratio : 5.54 (As of Jun. 18, 2024)


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What is Lloyds Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Lloyds Enterprises's current share price is ₹33.66. Lloyds Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹6.08. Lloyds Enterprises's Cyclically Adjusted PB Ratio for today is 5.54.

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

BOM:512463' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 5.53   Max: 7.25
Current: 5.54

During the past years, Lloyds Enterprises's highest Cyclically Adjusted PB Ratio was 7.25. The lowest was 1.26. And the median was 5.53.

BOM:512463's Cyclically Adjusted PB Ratio is ranked worse than
91.38% of 522 companies
in the Steel industry
Industry Median: 0.955 vs BOM:512463: 5.54

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.

Lloyds Enterprises's adjusted book value per share data for the three months ended in Mar. 2024 was ₹13.086. 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 ₹6.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lloyds Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lloyds Enterprises'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.

Lloyds Enterprises Cyclically Adjusted PB Ratio Chart

Lloyds Enterprises 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 - - - 1.26 4.55

Lloyds Enterprises 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 1.26 - 5.61 - 4.55

Competitive Comparison of Lloyds Enterprises's Cyclically Adjusted PB Ratio

For the Steel subindustry, Lloyds Enterprises'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.


Lloyds Enterprises's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lloyds Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lloyds Enterprises 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.

Lloyds Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.66/6.08
=5.54

* 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.

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

For example, Lloyds Enterprises'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)
=13.086/153.0345*153.0345
=13.086

Current CPI (Mar. 2024) = 153.0345.

Lloyds Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201303 3.542 85.687 6.326
201306 0.000 88.365 0.000
201309 3.433 91.042 5.771
201312 0.000 91.425 0.000
201403 3.549 91.425 5.941
201406 0.000 94.103 0.000
201409 3.850 96.780 6.088
201412 0.000 96.780 0.000
201503 3.950 97.163 6.221
201506 0.000 99.841 0.000
201509 3.855 101.753 5.798
201512 0.000 102.901 0.000
201603 3.926 102.518 5.861
201606 0.000 105.961 0.000
201703 4.071 105.196 5.922
201803 3.477 109.786 4.847
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 2.944 118.202 3.812
201906 0.000 120.880 0.000
201909 2.947 123.175 3.661
201912 0.000 126.235 0.000
202003 2.741 124.705 3.364
202006 0.000 127.000 0.000
202009 2.888 130.118 3.397
202012 0.000 130.889 0.000
202103 2.573 131.771 2.988
202106 0.000 134.084 0.000
202109 5.024 135.847 5.660
202112 0.000 138.161 0.000
202203 5.809 138.822 6.404
202206 0.000 142.347 0.000
202209 6.350 144.661 6.718
202212 0.000 145.763 0.000
202303 8.003 146.865 8.339
202306 0.000 150.280 0.000
202309 11.309 151.492 11.424
202312 0.000 152.924 0.000
202403 13.086 153.035 13.086

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.


Lloyds Enterprises  (BOM:512463) 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.


Lloyds Enterprises Cyclically Adjusted PB Ratio Related Terms

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


Lloyds Enterprises (BOM:512463) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013
Lloyds Enterprises Ltd Formerly Shree Global Tradefin Ltd is engaged in the trading of iron and steel. The Business of the Company includes carrying on the business of importers, exporters, and dealers in iron and steel, alloy steel scrap, steel tubes, pipes, and wires. Geographically, the company operates only in India.

Lloyds Enterprises (BOM:512463) Headlines

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