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Atlas Jewellery India (BOM:514394) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Atlas Jewellery India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Jewellery India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlas Jewellery 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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Atlas Jewellery India Cyclically Adjusted PB Ratio Chart

Atlas Jewellery India Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
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Atlas Jewellery India Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Atlas Jewellery India's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Atlas Jewellery 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.


Atlas Jewellery India's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Atlas Jewellery India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Atlas Jewellery 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.

Atlas Jewellery India's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Atlas Jewellery India's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0/138.1607*138.1607
=0.000

Current CPI (Dec. 2021) = 138.1607.

Atlas Jewellery India Quarterly Data

Book Value per Share CPI Adj_Book
201203 4.249 76.889 7.635
201206 0.000 79.567 0.000
201209 4.327 82.244 7.269
201212 0.000 83.774 0.000
201303 4.294 85.687 6.924
201306 0.000 88.365 0.000
201309 4.176 91.042 6.337
201312 0.000 91.425 0.000
201403 14.367 91.425 21.711
201406 0.000 94.103 0.000
201409 17.278 96.780 24.666
201412 0.000 96.780 0.000
201503 17.051 97.163 24.246
201506 0.000 99.841 0.000
201509 17.044 101.753 23.142
201512 0.000 102.901 0.000
201603 16.416 102.518 22.123
201606 0.000 105.961 0.000
201609 16.058 105.961 20.938
201612 0.000 105.196 0.000
201703 15.491 105.196 20.345
201706 0.000 107.109 0.000
201709 15.341 109.021 19.441
201712 0.000 109.404 0.000
201803 15.094 109.786 18.995
201806 0.000 111.317 0.000
201809 16.477 115.142 19.771
201812 0.000 115.142 0.000
201903 15.636 118.202 18.276
201906 0.000 120.880 0.000
201909 15.751 123.175 17.667
201912 0.000 126.235 0.000
202003 16.554 124.705 18.340
202006 0.000 127.000 0.000
202009 16.176 130.118 17.176
202012 0.000 130.889 0.000
202103 16.058 131.771 16.837
202106 0.000 134.084 0.000
202109 16.150 135.847 16.425
202112 0.000 138.161 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.


Atlas Jewellery India  (BOM:514394) 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.


Atlas Jewellery India Cyclically Adjusted PB Ratio Related Terms

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Atlas Jewellery India (BOM:514394) Business Description

Traded in Other Exchanges
N/A
Address
DLF Tower A, Plot Number 10, JA-710, 7th Floor, Jasola District, New Delhi, IND, 110025
Atlas Jewellery India Ltd is an Indian based company operating in the Gems and Jewellery Sector. It is engaged in manufacturing, retail trade and export of gold, diamonds, and other precious ornaments. Its products include fashionable jewellery, modern and chic as well as traditional and ethnic ornaments. It sells its jewellery through its retail stores. The company has all its revenue from operations within the Indian market.

Atlas Jewellery India (BOM:514394) Headlines

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