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Trans-Freight Containers (BOM:513063) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is Trans-Freight Containers Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trans-Freight Containers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trans-Freight Containers'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.

Trans-Freight Containers Cyclically Adjusted PB Ratio Chart

Trans-Freight Containers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.18 0.36 0.31

Trans-Freight Containers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.31 - 0.39 -

Competitive Comparison of Trans-Freight Containers's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Trans-Freight Containers'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.


Trans-Freight Containers's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Trans-Freight Containers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Trans-Freight Containers's Cyclically Adjusted PB Ratio falls into.



Trans-Freight Containers 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.

Trans-Freight Containers's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Trans-Freight Containers's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Trans-Freight Containers Quarterly Data

Book Value per Share CPI Adj_Book
201403 40.978 91.425 68.543
201406 0.000 94.103 0.000
201409 39.456 96.780 62.345
201412 0.000 96.780 0.000
201503 37.579 97.163 59.145
201506 0.000 99.841 0.000
201509 37.331 101.753 56.104
201512 0.000 102.901 0.000
201603 37.091 102.518 55.328
201606 0.000 105.961 0.000
201609 38.504 105.961 55.569
201612 0.000 105.196 0.000
201703 46.827 105.196 68.073
201706 0.000 107.109 0.000
201709 47.460 109.021 66.572
201712 0.000 109.404 0.000
201803 46.972 109.786 65.429
201806 0.000 111.317 0.000
201809 47.553 115.142 63.157
201812 0.000 115.142 0.000
201903 48.682 118.202 62.982
201906 0.000 120.880 0.000
201909 28.581 123.175 35.484
201912 0.000 126.235 0.000
202003 29.338 124.705 35.977
202006 0.000 127.000 0.000
202009 40.440 130.118 47.528
202012 0.000 130.889 0.000
202103 41.269 131.771 47.894
202106 0.000 134.084 0.000
202109 42.627 135.847 47.986
202112 0.000 138.161 0.000
202203 42.792 138.822 47.139
202206 0.000 142.347 0.000
202209 42.820 144.661 45.266
202212 0.000 145.763 0.000
202303 50.811 146.865 52.907
202306 0.000 150.280 0.000
202309 51.530 151.492 52.017
202312 0.000 152.924 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.


Trans-Freight Containers  (BOM:513063) 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.


Trans-Freight Containers Cyclically Adjusted PB Ratio Related Terms

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Trans-Freight Containers (BOM:513063) Business Description

Traded in Other Exchanges
N/A
Address
72/73, Nariman Bhavan, Nariman Point, Mumbai, MH, IND, 400 021
Trans-Freight Containers Ltd is engaged in the manufacture of marine freight cargo containers. It also manufactures truck body panels which have applications in pharmaceuticals, food, and beverage, electronic, and White goods industries. Its manufacturing facility is located at Tarapur in Maharashtra.

Trans-Freight Containers (BOM:513063) Headlines

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