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York Exports (BOM:530675) Cyclically Adjusted PB Ratio : 0.93 (As of May. 15, 2024)


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What is York Exports Cyclically Adjusted PB Ratio?

As of today (2024-05-15), York Exports's current share price is ₹42.30. York Exports's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹45.63. York Exports's Cyclically Adjusted PB Ratio for today is 0.93.

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

BOM:530675' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.57   Max: 1.05
Current: 0.87

During the past 13 years, York Exports's highest Cyclically Adjusted PB Ratio was 1.05. The lowest was 0.22. And the median was 0.57.

BOM:530675's Cyclically Adjusted PB Ratio is ranked better than
56.63% of 664 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01 vs BOM:530675: 0.87

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.

York Exports's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹45.519. 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 ₹45.63 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


York Exports Cyclically Adjusted PB Ratio Historical Data

The historical data trend for York Exports'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.

York Exports Cyclically Adjusted PB Ratio Chart

York Exports 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 - 0.28 0.22 0.86 0.79

York Exports 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 - 0.79 - - -

Competitive Comparison of York Exports's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, York Exports'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.


York Exports's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



York Exports 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.

York Exports's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.30/45.63
=0.93

* 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.

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

For example, York Exports'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)
=45.519/146.8646*146.8646
=45.519

Current CPI (Mar23) = 146.8646.

York Exports Annual Data

Book Value per Share CPI Adj_Book
201403 29.416 91.425 47.254
201503 28.309 97.163 42.790
201603 36.777 102.518 52.686
201703 32.980 105.196 46.044
201803 35.335 109.786 47.269
201903 36.163 118.202 44.932
202003 36.674 124.705 43.191
202103 37.280 131.771 41.550
202203 42.574 138.822 45.041
202303 45.519 146.865 45.519

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.


York Exports  (BOM:530675) 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.


York Exports Cyclically Adjusted PB Ratio Related Terms

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


York Exports (BOM:530675) Business Description

Traded in Other Exchanges
N/A
Address
30, Ferozeshah Road, Connaught Place, D-6, Diwan Shree Apartments, New Delhi, IND, 110001
York Exports Ltd is engaged in manufacturing knitwear and readymade garments. The company's operating segment includes textile manufacturing.

York Exports (BOM:530675) Headlines

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