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Eskay K'n'IT (India) (BOM:514118) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Eskay K'n'IT (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eskay K'n'IT (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eskay K'n'IT (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.

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Eskay K'n'IT (India) Cyclically Adjusted PB Ratio Chart

Eskay K'n'IT (India) Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted PB Ratio
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Eskay K'n'IT (India) Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Eskay K'n'IT (India)'s Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Eskay K'n'IT (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.


Eskay K'n'IT (India)'s Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eskay K'n'IT (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eskay K'n'IT (India)'s Cyclically Adjusted PB Ratio falls into.



Eskay K'n'IT (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.

Eskay K'n'IT (India)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar19 is calculated as:

For example, Eskay K'n'IT (India)'s adjusted Book Value per Share data for the fiscal year that ended in Mar19 was:

Adj_Book=Book Value per Share/CPI of Mar19 (Change)*Current CPI (Mar19)
=-16.999/118.2021*118.2021
=-16.999

Current CPI (Mar19) = 118.2021.

Eskay K'n'IT (India) Annual Data

Book Value per Share CPI Adj_Book
201003 11.410 65.030 20.739
201103 11.639 70.768 19.440
201203 9.636 76.889 14.814
201303 4.581 85.687 6.319
201403 -0.710 91.425 -0.918
201503 -9.242 97.163 -11.243
201603 -12.016 102.518 -13.854
201703 -14.737 105.196 -16.559
201803 -16.780 109.786 -18.066
201903 -16.999 118.202 -16.999

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.


Eskay K'n'IT (India)  (BOM:514118) 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.


Eskay K'n'IT (India) Cyclically Adjusted PB Ratio Related Terms

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Eskay K'n'IT (India) (BOM:514118) Business Description

Traded in Other Exchanges
N/A
Address
11/12, Senapati Bapat Marg, Raghuvanshi Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Website
Eskay K'n'IT (India) Ltd is an India-based company. It is engaged in manufacturing various textile products. The company operates in one business segment that is Textile.

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