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Sharp India (BOM:523449) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Sharp India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharp India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sharp 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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Sharp India Cyclically Adjusted PB Ratio Chart

Sharp India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Sharp India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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Competitive Comparison of Sharp India's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Sharp 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.


Sharp India's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sharp India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sharp 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.

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

For example, Sharp India'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)
=-38.286/153.0345*153.0345
=-38.286

Current CPI (Mar. 2024) = 153.0345.

Sharp India Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.836 91.425 16.464
201406 0.000 94.103 0.000
201409 10.302 96.780 16.290
201412 0.000 96.780 0.000
201503 10.439 97.163 16.442
201506 0.000 99.841 0.000
201509 5.496 101.753 8.266
201512 0.000 102.901 0.000
201603 5.019 102.518 7.492
201606 0.000 105.961 0.000
201609 1.795 105.961 2.592
201612 0.000 105.196 0.000
201703 -0.260 105.196 -0.378
201706 0.000 107.109 0.000
201709 -2.054 109.021 -2.883
201712 0.000 109.404 0.000
201803 -3.982 109.786 -5.551
201806 0.000 111.317 0.000
201809 -6.037 115.142 -8.024
201812 0.000 115.142 0.000
201903 -8.286 118.202 -10.728
201906 0.000 120.880 0.000
201909 -10.836 123.175 -13.463
201912 0.000 126.235 0.000
202003 -13.250 124.705 -16.260
202006 0.000 127.000 0.000
202009 -16.066 130.118 -18.896
202012 0.000 130.889 0.000
202103 -20.205 131.771 -23.466
202106 0.000 134.084 0.000
202109 -23.000 135.847 -25.910
202112 0.000 138.161 0.000
202203 -25.704 138.822 -28.336
202206 0.000 142.347 0.000
202209 -28.576 144.661 -30.230
202212 0.000 145.763 0.000
202303 -31.619 146.865 -32.947
202306 0.000 150.280 0.000
202312 0.000 152.924 0.000
202403 -38.286 153.035 -38.286

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.


Sharp India  (BOM:523449) 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.


Sharp India Cyclically Adjusted PB Ratio Related Terms

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Sharp India (BOM:523449) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gat No. 686/4, Koregaon Bhima, Taluka Shirur, District Pune, Pune, MH, IND, 412 216
Sharp India Ltd is engaged in the business of consumer electronics. It manufactures and sells color televisions (CRT TVs), liquid crystal display televisions (LCD TVs), light-emitting diode televisions, and air conditioners. Geographically, the business presence of the group is seen in India.

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