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Miven Machine Tools (BOM:522036) Cyclically Adjusted PB Ratio : (As of Jun. 28, 2025)


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What is Miven Machine Tools Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Miven Machine Tools Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Miven Machine Tools'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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Miven Machine Tools Cyclically Adjusted PB Ratio Chart

Miven Machine Tools Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
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Miven Machine Tools Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Miven Machine Tools's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Miven Machine Tools'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.


Miven Machine Tools's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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Miven Machine Tools 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.

Miven Machine Tools's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Miven Machine Tools's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-18.367/157.5517*157.5517
=-18.367

Current CPI (Mar. 2025) = 157.5517.

Miven Machine Tools Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 -34.877 101.753 -54.002
201512 0.000 102.901 0.000
201603 -38.021 102.518 -58.431
201606 0.000 105.961 0.000
201609 -44.386 105.961 -65.997
201612 0.000 105.196 0.000
201703 -46.757 105.196 -70.028
201706 0.000 107.109 0.000
201709 -52.226 109.021 -75.474
201712 0.000 109.404 0.000
201803 -52.451 109.786 -75.271
201806 0.000 111.317 0.000
201809 -47.214 115.142 -64.604
201812 0.000 115.142 0.000
201903 -50.334 118.202 -67.090
201906 0.000 120.880 0.000
201909 -41.898 123.175 -53.591
201912 0.000 126.235 0.000
202003 -30.796 124.705 -38.907
202006 0.000 127.000 0.000
202009 -32.697 130.118 -39.591
202012 0.000 130.889 0.000
202103 -35.109 131.771 -41.978
202106 0.000 134.084 0.000
202109 -36.298 135.847 -42.097
202112 0.000 138.161 0.000
202203 -40.062 138.822 -45.467
202206 0.000 142.347 0.000
202209 -41.508 144.661 -45.207
202212 -42.289 145.763 -45.709
202303 -15.398 146.865 -16.518
202306 0.000 150.280 0.000
202309 -17.267 151.492 -17.958
202312 -19.051 152.924 -19.627
202403 -16.326 153.035 -16.808
202406 -16.851 155.789 -17.042
202409 -17.358 157.882 -17.322
202412 -17.840 158.323 -17.753
202503 -18.367 157.552 -18.367

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.


Miven Machine Tools  (BOM:522036) 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.


Miven Machine Tools Cyclically Adjusted PB Ratio Related Terms

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Miven Machine Tools Business Description

Traded in Other Exchanges
N/A
Address
Karwar Road, Sirur’s Compound, Hubli, KA, IND, 580024
Miven Machine Tools Ltd is engaged in the manufacturing of CNC horizontal turning lathes. The company manufactures only one type of product i.e. CNC turning machine and ancillary machines, CNC chucker machines, small CNC machines and special-purpose CNC machines and hence operates only in one product segment.

Miven Machine Tools Headlines

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