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Metalyst Forgings (BOM:513335) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Metalyst Forgings Cyclically Adjusted PB Ratio?

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Metalyst Forgings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metalyst Forgings'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.

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Metalyst Forgings Cyclically Adjusted PB Ratio Chart

Metalyst Forgings Annual Data
Trend Jun12 Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Metalyst Forgings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
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Competitive Comparison of Metalyst Forgings's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Metalyst Forgings'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.


Metalyst Forgings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Metalyst Forgings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Metalyst Forgings 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.

Metalyst Forgings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Metalyst Forgings's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/150.2801*150.2801
=0.000

Current CPI (Jun. 2023) = 150.2801.

Metalyst Forgings Quarterly Data

Book Value per Share CPI Adj_Book
201212 434.748 83.774 779.881
201303 0.000 85.687 0.000
201309 263.216 91.042 434.480
201312 0.000 91.425 0.000
201403 271.657 91.425 446.537
201409 298.223 96.780 463.079
201412 0.000 96.780 0.000
201503 306.503 97.163 474.063
201506 0.000 99.841 0.000
201509 294.765 101.753 435.340
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 106.930 105.961 151.654
201612 0.000 105.196 0.000
201703 56.294 105.196 80.420
201706 0.000 107.109 0.000
201709 -88.725 109.021 -122.303
201712 0.000 109.404 0.000
201803 -159.807 109.786 -218.750
201806 0.000 111.317 0.000
201809 -197.210 115.142 -257.393
201812 0.000 115.142 0.000
201903 -226.914 118.202 -288.495
201906 0.000 120.880 0.000
201909 -259.196 123.175 -316.233
201912 0.000 126.235 0.000
202003 -296.202 124.705 -356.948
202006 0.000 127.000 0.000
202009 -334.760 130.118 -386.632
202012 0.000 130.889 0.000
202103 -449.742 131.771 -512.917
202106 0.000 134.084 0.000
202109 -478.611 135.847 -529.461
202112 0.000 138.161 0.000
202203 -507.894 138.822 -549.815
202206 0.000 142.347 0.000
202209 -551.683 144.661 -573.112
202303 -579.854 146.865 -593.339
202306 0.000 150.280 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.


Metalyst Forgings  (BOM:513335) 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.


Metalyst Forgings Cyclically Adjusted PB Ratio Related Terms

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Metalyst Forgings (BOM:513335) Business Description

Traded in Other Exchanges
Address
Gat No. 614, Village Kuruli, Taluka Khed, Pune, MH, IND, 410501
Metalyst Forgings Ltd is engaged in manufacturing of wide range of engineered forging components viz. hot forged parts and high tensile fasteners for automotive and non-automotive segments.

Metalyst Forgings (BOM:513335) Headlines

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