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Gujarat Cotex (BOM:514386) Cyclically Adjusted PB Ratio : 2.96 (As of Jan. 18, 2025)


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What is Gujarat Cotex Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Gujarat Cotex's current share price is ₹18.20. Gujarat Cotex's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹6.15. Gujarat Cotex's Cyclically Adjusted PB Ratio for today is 2.96.

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

BOM:514386' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.6   Max: 3.8
Current: 3.09

During the past years, Gujarat Cotex's highest Cyclically Adjusted PB Ratio was 3.80. The lowest was 0.18. And the median was 0.60.

BOM:514386's Cyclically Adjusted PB Ratio is ranked worse than
79.67% of 797 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.16 vs BOM:514386: 3.09

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.

Gujarat Cotex's adjusted book value per share data for the three months ended in Sep. 2024 was ₹4.897. 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 ₹6.15 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Cotex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gujarat Cotex'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.

Gujarat Cotex Cyclically Adjusted PB Ratio Chart

Gujarat Cotex 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 - 0.19 0.61 0.44 0.54

Gujarat Cotex Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.51 - 0.54 - 1.72

Competitive Comparison of Gujarat Cotex's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Gujarat Cotex'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.


Gujarat Cotex's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Gujarat Cotex 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.

Gujarat Cotex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.20/6.15
=2.96

* 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.

Gujarat Cotex's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Gujarat Cotex's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.897/157.8822*157.8822
=4.897

Current CPI (Sep. 2024) = 157.8822.

Gujarat Cotex Quarterly Data

Book Value per Share CPI Adj_Book
201412 5.000 96.780 8.157
201503 4.851 97.163 7.882
201506 0.000 99.841 0.000
201509 5.000 101.753 7.758
201512 5.000 102.901 7.672
201603 4.857 102.518 7.480
201606 5.000 105.961 7.450
201609 5.000 105.961 7.450
201612 5.000 105.196 7.504
201703 4.360 105.196 6.544
201706 0.000 107.109 0.000
201709 5.000 109.021 7.241
201712 0.000 109.404 0.000
201803 4.366 109.786 6.279
201806 0.000 111.317 0.000
201809 5.000 115.142 6.856
201812 0.000 115.142 0.000
201903 4.368 118.202 5.834
201906 0.000 120.880 0.000
201909 4.325 123.175 5.544
201912 0.000 126.235 0.000
202003 4.248 124.705 5.378
202006 0.000 127.000 0.000
202009 4.410 130.118 5.351
202012 0.000 130.889 0.000
202103 4.126 131.771 4.944
202106 0.000 134.084 0.000
202109 2.384 135.847 2.771
202112 0.000 138.161 0.000
202203 4.521 138.822 5.142
202206 0.000 142.347 0.000
202209 4.579 144.661 4.997
202212 0.000 145.763 0.000
202303 4.528 146.865 4.868
202306 0.000 150.280 0.000
202309 4.553 151.492 4.745
202312 0.000 152.924 0.000
202403 4.661 153.035 4.809
202406 0.000 155.789 0.000
202409 4.897 157.882 4.897

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.


Gujarat Cotex  (BOM:514386) 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.


Gujarat Cotex Cyclically Adjusted PB Ratio Related Terms

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


Gujarat Cotex Business Description

Traded in Other Exchanges
N/A
Address
2007, Shankar plaza, Nanpura, Timaliyawad, Surat, GJ, IND, 395001
Gujarat Cotex Ltd is an India-based company engaged in the trading of textile fabrics and trading in plots or land during the year. The company operates in single segment only the wholesale Trading in fabrics. In addition, it is involved in the manufacturing, bleaching, weaving, printing, and selling of all types of clothes and other related materials. The company caters to domestic markets.

Gujarat Cotex Headlines

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