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Rajoo Engineers (BOM:522257) Cyclically Adjusted PB Ratio : 18.57 (As of May. 26, 2024)


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What is Rajoo Engineers Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Rajoo Engineers's current share price is ₹250.15. Rajoo Engineers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹13.47. Rajoo Engineers's Cyclically Adjusted PB Ratio for today is 18.57.

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

BOM:522257' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.02   Med: 3.54   Max: 18.64
Current: 18.57

During the past years, Rajoo Engineers's highest Cyclically Adjusted PB Ratio was 18.64. The lowest was 2.02. And the median was 3.54.

BOM:522257's Cyclically Adjusted PB Ratio is ranked worse than
97.94% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs BOM:522257: 18.57

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.

Rajoo Engineers's adjusted book value per share data for the three months ended in Mar. 2024 was ₹20.594. 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 ₹13.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rajoo Engineers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Cyclically Adjusted PB Ratio Chart

Rajoo Engineers 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 - - 2.70 2.02 14.47

Rajoo Engineers 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 2.02 - 6.38 - 14.47

Competitive Comparison of Rajoo Engineers's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.


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

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

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



Rajoo Engineers 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.

Rajoo Engineers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=250.15/13.47
=18.57

* 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.

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

For example, Rajoo Engineers'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)
=20.594/153.0345*153.0345
=20.594

Current CPI (Mar. 2024) = 153.0345.

Rajoo Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201209 6.838 82.244 12.724
201212 0.000 83.774 0.000
201303 7.129 85.687 12.732
201306 0.000 88.365 0.000
201309 5.109 91.042 8.588
201312 0.000 91.425 0.000
201403 5.285 91.425 8.846
201406 0.000 94.103 0.000
201409 5.877 96.780 9.293
201412 0.000 96.780 0.000
201503 5.964 97.163 9.393
201506 0.000 99.841 0.000
201509 6.555 101.753 9.859
201512 0.000 102.901 0.000
201603 6.658 102.518 9.939
201606 0.000 105.961 0.000
201703 7.882 105.196 11.466
201803 10.333 109.786 14.403
201809 0.000 115.142 0.000
201903 11.219 118.202 14.525
201906 0.000 120.880 0.000
201909 10.859 123.175 13.491
201912 0.000 126.235 0.000
202003 11.479 124.705 14.087
202006 0.000 127.000 0.000
202009 11.592 130.118 13.634
202012 0.000 130.889 0.000
202103 13.542 131.771 15.727
202106 0.000 134.084 0.000
202109 13.496 135.847 15.204
202112 0.000 138.161 0.000
202203 16.061 138.822 17.705
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 17.699 146.865 18.443
202306 0.000 150.280 0.000
202309 18.621 151.492 18.811
202312 0.000 152.924 0.000
202403 20.594 153.035 20.594

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.


Rajoo Engineers  (BOM:522257) 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.


Rajoo Engineers Cyclically Adjusted PB Ratio Related Terms

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


Rajoo Engineers (BOM:522257) Business Description

Traded in Other Exchanges
N/A
Address
Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024
Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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