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Aplab (BOM:517096) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Aplab Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aplab Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aplab'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.

Aplab Cyclically Adjusted PB Ratio Chart

Aplab Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.60 - - -

Aplab Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Aplab's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Aplab'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.


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

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

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



Aplab 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.

Aplab's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Aplab's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-19.814/146.8646*146.8646
=-19.814

Current CPI (Mar23) = 146.8646.

Aplab Annual Data

Book Value per Share CPI Adj_Book
201403 38.120 91.425 61.236
201503 17.668 97.163 26.706
201603 -7.760 102.518 -11.117
201703 -25.096 105.196 -35.037
201803 -45.296 109.786 -60.594
201903 -37.085 118.202 -46.078
202003 -36.731 124.705 -43.258
202103 -36.310 131.771 -40.469
202203 -20.764 138.822 -21.967
202303 -19.814 146.865 -19.814

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.


Aplab  (BOM:517096) 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.


Aplab Cyclically Adjusted PB Ratio Related Terms

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Aplab (BOM:517096) Business Description

Traded in Other Exchanges
N/A
Address
Thane Belapur Road, Plot No. 12, TTC Industrial Area, Thane, MH, IND, 400708
Aplab Ltd is an India-based company engaged in the business/operations of manufacture, sale, and servicing of professional electronic equipment. The company's products include uninterruptible power supply (UPS) systems, high-power DC systems, solar energy systems, test & measurement instruments, power supplies, banking & retail automation products, fault locating instruments, laboratory instruments, and design & manufacturer services. It has independent product divisions including test and measurement equipment, power conversion and UPS systems, and self-service terminals for the banking sector.

Aplab (BOM:517096) Headlines

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