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RR Metalmakers India (BOM:531667) Cyclically Adjusted PB Ratio : 4.16 (As of Jun. 06, 2024)


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What is RR Metalmakers India Cyclically Adjusted PB Ratio?

As of today (2024-06-06), RR Metalmakers India's current share price is ₹46.32. RR Metalmakers India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹11.14. RR Metalmakers India's Cyclically Adjusted PB Ratio for today is 4.16.

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

BOM:531667' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 2.76   Max: 4.93
Current: 3.96

During the past years, RR Metalmakers India's highest Cyclically Adjusted PB Ratio was 4.93. The lowest was 1.54. And the median was 2.76.

BOM:531667's Cyclically Adjusted PB Ratio is ranked worse than
87.77% of 507 companies
in the Steel industry
Industry Median: 0.99 vs BOM:531667: 3.96

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.

RR Metalmakers India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹8.442. 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 ₹11.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RR Metalmakers India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RR Metalmakers 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.

* Premium members only.

RR Metalmakers India Cyclically Adjusted PB Ratio Chart

RR Metalmakers India 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 - 1.63 3.60 2.43 4.13

RR Metalmakers India 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 2.43 - - - 4.13

Competitive Comparison of RR Metalmakers India's Cyclically Adjusted PB Ratio

For the Steel subindustry, RR Metalmakers 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.


RR Metalmakers India's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, RR Metalmakers India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RR Metalmakers 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.

RR Metalmakers India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.32/11.14
=4.16

* 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.

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

For example, RR Metalmakers 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)
=8.442/153.0345*153.0345
=8.442

Current CPI (Mar. 2024) = 153.0345.

RR Metalmakers India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 12.372 96.780 19.563
201412 0.000 96.780 0.000
201503 8.373 97.163 13.188
201506 0.000 99.841 0.000
201509 6.520 101.753 9.806
201512 0.000 102.901 0.000
201603 7.071 102.518 10.555
201606 0.000 105.961 0.000
201609 3.671 105.961 5.302
201612 0.000 105.196 0.000
201703 9.320 105.196 13.558
201706 0.000 107.109 0.000
201709 8.338 109.021 11.704
201712 0.000 109.404 0.000
201803 12.712 109.786 17.720
201806 0.000 111.317 0.000
201809 13.520 115.142 17.969
201812 0.000 115.142 0.000
201903 12.708 118.202 16.453
201906 0.000 120.880 0.000
201909 6.564 123.175 8.155
201912 0.000 126.235 0.000
202003 6.046 124.705 7.419
202006 0.000 127.000 0.000
202009 4.024 130.118 4.733
202012 0.000 130.889 0.000
202103 9.914 131.771 11.514
202106 0.000 134.084 0.000
202109 10.024 135.847 11.292
202112 0.000 138.161 0.000
202203 8.429 138.822 9.292
202206 0.000 142.347 0.000
202209 6.980 144.661 7.384
202212 0.000 145.763 0.000
202303 7.282 146.865 7.588
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 8.442 153.035 8.442

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.


RR Metalmakers India  (BOM:531667) 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.


RR Metalmakers India Cyclically Adjusted PB Ratio Related Terms

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


RR Metalmakers India (BOM:531667) Business Description

Traded in Other Exchanges
N/A
Address
93/95, Kazi Sayed Street, 2nd Floor, Sugar House, Masjid Bunder West, Mumbai, MH, IND, 400 003
RR Metalmakers India Ltd is engaged in the trading business of Steel and Iron Ores segments. It offers ERW PIPES, PPGI COLOUR COILS, PPGI courrgated profile sheets, Galvanised G.P. coils/sheets, Galvanised corrugated sheets, Hot Rolled Steel Coils / Sheets, etc. The company operates in two segments which are the Trade and manufacturing of Iron Ores and Steel. It generates key revenue from Steel and Iron Ores Trading.

RR Metalmakers India (BOM:531667) Headlines

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