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Suprajit Engineering (BOM:532509) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Suprajit Engineering Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Suprajit Engineering Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suprajit Engineering'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.

Suprajit Engineering Cyclically Adjusted PB Ratio Chart

Suprajit Engineering 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 - - - 6.71 5.83

Suprajit Engineering 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 - 5.83 - 6.01 -

Competitive Comparison of Suprajit Engineering's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Suprajit Engineering'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.


Suprajit Engineering's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Suprajit Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Suprajit Engineering 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.

Suprajit Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Suprajit Engineering's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Suprajit Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.056 91.425 28.529
201406 0.000 94.103 0.000
201409 19.159 96.780 30.273
201412 0.000 96.780 0.000
201503 20.064 97.163 31.579
201506 0.000 99.841 0.000
201509 22.781 101.753 34.237
201512 0.000 102.901 0.000
201603 32.891 102.518 49.063
201606 0.000 105.961 0.000
201609 37.652 105.961 54.340
201612 0.000 105.196 0.000
201703 39.915 105.196 58.025
201706 0.000 107.109 0.000
201709 42.029 109.021 58.954
201712 0.000 109.404 0.000
201803 46.821 109.786 65.218
201806 0.000 111.317 0.000
201809 51.239 115.142 68.052
201812 0.000 115.142 0.000
201903 55.413 118.202 71.691
201906 0.000 120.880 0.000
201909 59.663 123.175 74.073
201912 0.000 126.235 0.000
202003 61.039 124.705 74.851
202006 0.000 127.000 0.000
202009 63.484 130.118 74.611
202012 0.000 130.889 0.000
202103 70.758 131.771 82.117
202106 0.000 134.084 0.000
202109 73.052 135.847 82.235
202112 0.000 138.161 0.000
202203 78.330 138.822 86.287
202206 0.000 142.347 0.000
202209 83.785 144.661 88.571
202212 0.000 145.763 0.000
202303 88.478 146.865 92.129
202306 0.000 150.280 0.000
202309 91.890 151.492 92.759
202312 0.000 152.924 0.000

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.


Suprajit Engineering  (BOM:532509) 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.


Suprajit Engineering Cyclically Adjusted PB Ratio Related Terms

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Suprajit Engineering (BOM:532509) Business Description

Traded in Other Exchanges
Address
No. 100 and 101, Bommasandra Industrial Area, Anekal Taluka, Bengaluru, KA, IND, 560 099
Suprajit Engineering Ltd is engaged in the manufacturing of auto components. The company's products include control cables, speedo cables, and other components for automobiles. The company's business falls under the primary segment of the Manufacturing and selling of automotive and other components. Geographically, the group has a business presence in India, the United States, and other countries, of which a substantial part of the revenue is derived from India. Its products are used by motorcycle, scooter, and moped manufacturers.

Suprajit Engineering (BOM:532509) Headlines

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