GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Betex India Ltd (BOM:512477) » Definitions » Cyclically Adjusted PB Ratio

Betex India (BOM:512477) Cyclically Adjusted PB Ratio : (As of Mar. 03, 2025)


View and export this data going back to 1991. Start your Free Trial

What is Betex India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Betex India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Betex India'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.

Betex India Cyclically Adjusted PB Ratio Chart

Betex India 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 - 0.27 0.43 0.34 1.37

Betex India 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 - 1.37 - 1.98 -

Competitive Comparison of Betex India's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Betex India'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.


Betex India's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Betex India 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.

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

For example, Betex India'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)
=0/159.2043*159.2043
=0.000

Current CPI (Dec. 2024) = 159.2043.

Betex India Quarterly Data

Book Value per Share CPI Adj_Book
201503 124.771 97.163 204.441
201506 0.000 99.841 0.000
201509 128.915 101.753 201.702
201512 0.000 102.901 0.000
201603 128.404 102.518 199.403
201606 0.000 105.961 0.000
201609 135.291 105.961 203.272
201612 0.000 105.196 0.000
201703 139.143 105.196 210.580
201706 0.000 107.109 0.000
201709 142.332 109.021 207.848
201712 0.000 109.404 0.000
201803 145.190 109.786 210.544
201806 0.000 111.317 0.000
201809 149.917 115.142 207.287
201812 0.000 115.142 0.000
201903 151.731 118.202 204.364
201906 0.000 120.880 0.000
201909 152.969 123.175 197.713
201912 0.000 126.235 0.000
202003 154.568 124.705 197.329
202006 0.000 127.000 0.000
202009 155.025 130.118 189.679
202012 0.000 130.889 0.000
202103 168.330 131.771 203.375
202106 0.000 134.084 0.000
202109 170.691 135.847 200.039
202112 0.000 138.161 0.000
202203 171.057 138.822 196.172
202206 0.000 142.347 0.000
202209 172.187 144.661 189.497
202212 0.000 145.763 0.000
202303 192.132 146.865 208.275
202306 0.000 150.280 0.000
202309 196.978 151.492 207.006
202312 0.000 152.924 0.000
202403 214.303 153.035 222.943
202406 0.000 155.789 0.000
202409 225.135 157.882 227.020
202412 0.000 159.204 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.


Betex India  (BOM:512477) 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.


Betex India Cyclically Adjusted PB Ratio Related Terms

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


Betex India Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, 504, 5th Floor, Trividh Chambers, Opposite Fire Station, Surat, GJ, IND, 395002
Betex India Ltd is engaged processing of Art Silk Cloth on a job work basis. It is mainly engaged in job processing work on grey fabrics through its dying and printing units. It has three processing units named Betex, Sumeet Silk Mills-1, and Sumeet Silk Mills-2.

Betex India Headlines

No Headlines