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Mahalaxmi Rubtech (BOM:514450) Cyclically Adjusted PB Ratio : 2.54 (As of May. 29, 2024)


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What is Mahalaxmi Rubtech Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Mahalaxmi Rubtech's current share price is ₹211.10. Mahalaxmi Rubtech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹83.16. Mahalaxmi Rubtech's Cyclically Adjusted PB Ratio for today is 2.54.

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

BOM:514450' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.7   Max: 3.71
Current: 2.54

During the past years, Mahalaxmi Rubtech's highest Cyclically Adjusted PB Ratio was 3.71. The lowest was 1.42. And the median was 2.70.

BOM:514450's Cyclically Adjusted PB Ratio is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.08 vs BOM:514450: 2.54

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.

Mahalaxmi Rubtech's adjusted book value per share data for the three months ended in Mar. 2024 was ₹49.798. 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 ₹83.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahalaxmi Rubtech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mahalaxmi Rubtech'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.

Mahalaxmi Rubtech Cyclically Adjusted PB Ratio Chart

Mahalaxmi Rubtech 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 - - 1.49 3.42 3.49

Mahalaxmi Rubtech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.42 - 2.07 - 3.49

Competitive Comparison of Mahalaxmi Rubtech's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech'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.


Mahalaxmi Rubtech's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Mahalaxmi Rubtech 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.

Mahalaxmi Rubtech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=211.10/83.16
=2.54

* 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.

Mahalaxmi Rubtech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mahalaxmi Rubtech's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=49.798/153.0345*153.0345
=49.798

Current CPI (Mar. 2024) = 153.0345.

Mahalaxmi Rubtech Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 51.891 96.780 82.053
201412 0.000 96.780 0.000
201503 54.141 97.163 85.274
201506 0.000 99.841 0.000
201509 56.577 101.753 85.090
201512 0.000 102.901 0.000
201603 57.711 102.518 86.148
201606 0.000 105.961 0.000
201609 60.140 105.961 86.857
201612 0.000 105.196 0.000
201703 71.461 105.196 103.958
201706 0.000 107.109 0.000
201709 64.650 109.021 90.750
201712 0.000 109.404 0.000
201803 62.747 109.786 87.465
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 62.453 118.202 80.857
201906 0.000 120.880 0.000
201909 64.469 123.175 80.097
201912 0.000 126.235 0.000
202003 66.158 124.705 81.187
202006 0.000 127.000 0.000
202009 67.418 130.118 79.292
202012 0.000 130.889 0.000
202103 70.766 131.771 82.186
202106 0.000 134.084 0.000
202109 72.958 135.847 82.189
202112 0.000 138.161 0.000
202203 74.076 138.822 81.660
202206 0.000 142.347 0.000
202209 77.787 144.661 82.290
202212 0.000 145.763 0.000
202303 82.216 146.865 85.670
202306 0.000 150.280 0.000
202309 86.273 151.492 87.151
202312 0.000 152.924 0.000
202403 49.798 153.035 49.798

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.


Mahalaxmi Rubtech  (BOM:514450) 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.


Mahalaxmi Rubtech Cyclically Adjusted PB Ratio Related Terms

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


Mahalaxmi Rubtech (BOM:514450) Business Description

Traded in Other Exchanges
Address
Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015
Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.

Mahalaxmi Rubtech (BOM:514450) Headlines

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