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Mayur Floorings (BOM:531221) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 19, 2024)


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What is Mayur Floorings Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Mayur Floorings's current share price is ₹10.50. Mayur Floorings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹12.30. Mayur Floorings's Cyclically Adjusted PB Ratio for today is 0.85.

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

BOM:531221' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.45   Max: 1.68
Current: 0.86

During the past years, Mayur Floorings's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.22. And the median was 0.45.

BOM:531221's Cyclically Adjusted PB Ratio is ranked better than
60.69% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs BOM:531221: 0.86

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.

Mayur Floorings's adjusted book value per share data for the three months ended in Mar. 2024 was ₹10.776. 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 ₹12.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mayur Floorings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mayur Floorings'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.

Mayur Floorings Cyclically Adjusted PB Ratio Chart

Mayur Floorings 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 - 0.32 0.61 0.64 0.85

Mayur Floorings 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 0.64 - 0.76 - 0.85

Competitive Comparison of Mayur Floorings's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Mayur Floorings'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.


Mayur Floorings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mayur Floorings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mayur Floorings 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.

Mayur Floorings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.50/12.3
=0.85

* 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.

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

For example, Mayur Floorings'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)
=10.776/153.0345*153.0345
=10.776

Current CPI (Mar. 2024) = 153.0345.

Mayur Floorings Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.493 94.103 17.064
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 10.493 97.163 16.527
201506 0.000 99.841 0.000
201509 8.922 101.753 13.418
201512 10.000 102.901 14.872
201603 10.493 102.518 15.663
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 8.999 105.196 13.091
201706 10.493 107.109 14.992
201709 10.493 109.021 14.729
201712 10.493 109.404 14.678
201803 9.090 109.786 12.671
201806 0.000 111.317 0.000
201809 9.143 115.142 12.152
201812 9.269 115.142 12.319
201903 9.297 118.202 12.037
201906 0.000 120.880 0.000
201909 9.364 123.175 11.634
201912 9.393 126.235 11.387
202003 9.418 124.705 11.557
202006 9.056 127.000 10.912
202009 9.093 130.118 10.694
202012 9.138 130.889 10.684
202103 9.034 131.771 10.492
202106 0.000 134.084 0.000
202109 8.954 135.847 10.087
202112 8.965 138.161 9.930
202203 9.027 138.822 9.951
202206 0.000 142.347 0.000
202209 8.955 144.661 9.473
202212 0.000 145.763 0.000
202303 9.060 146.865 9.441
202306 0.000 150.280 0.000
202309 10.776 151.492 10.886
202312 0.000 152.924 0.000
202403 10.776 153.035 10.776

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.


Mayur Floorings  (BOM:531221) 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.


Mayur Floorings Cyclically Adjusted PB Ratio Related Terms

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


Mayur Floorings (BOM:531221) Business Description

Traded in Other Exchanges
N/A
Address
LBS Marg, 4 and 5 Munama Compound, Near Advani Oeirlicon,, Bhandup (West), Mumbai, MH, IND, 400078
Mayur Floorings Ltd is engaged in the manufacturing mineral powder business. It is involved in the manufacturing of Marble Floor Tiles, Blocks, and Slabs of White and Purple Marble and exports various colors of Indian Granites and Sandstones in different shapes and sizes.

Mayur Floorings (BOM:531221) Headlines

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