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Nandan Denim (BOM:532641) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 04, 2025)


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What is Nandan Denim Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Nandan Denim's current share price is ₹4.11. Nandan Denim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹4.18. Nandan Denim's Cyclically Adjusted PB Ratio for today is 0.98.

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

BOM:532641' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.8   Max: 1.93
Current: 0.99

During the past years, Nandan Denim's highest Cyclically Adjusted PB Ratio was 1.93. The lowest was 0.23. And the median was 0.80.

BOM:532641's Cyclically Adjusted PB Ratio is ranked better than
53.57% of 743 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs BOM:532641: 0.99

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.

Nandan Denim's adjusted book value per share data for the three months ended in Mar. 2025 was ₹4.293. 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 ₹4.18 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nandan Denim Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nandan Denim'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.

Nandan Denim Cyclically Adjusted PB Ratio Chart

Nandan Denim Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 1.84 0.43 0.82 0.85

Nandan Denim Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.82 - 1.59 - 0.85

Competitive Comparison of Nandan Denim's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Nandan Denim'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.


Nandan Denim's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Nandan Denim 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.

Nandan Denim's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.11/4.18
=0.98

* 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.

Nandan Denim's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nandan Denim's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.293/157.5517*157.5517
=4.293

Current CPI (Mar. 2025) = 157.5517.

Nandan Denim Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 2.122 101.753 3.286
201512 0.000 102.901 0.000
201603 2.483 102.518 3.816
201606 0.000 105.961 0.000
201609 2.745 105.961 4.081
201612 0.000 105.196 0.000
201703 3.036 105.196 4.547
201706 0.000 107.109 0.000
201709 3.077 109.021 4.447
201712 0.000 109.404 0.000
201803 3.291 109.786 4.723
201806 0.000 111.317 0.000
201809 3.352 115.142 4.587
201812 0.000 115.142 0.000
201903 3.404 118.202 4.537
201906 0.000 120.880 0.000
201909 3.447 123.175 4.409
201912 0.000 126.235 0.000
202003 3.401 124.705 4.297
202006 0.000 127.000 0.000
202009 3.146 130.118 3.809
202012 0.000 130.889 0.000
202103 3.268 131.771 3.907
202106 0.000 134.084 0.000
202109 3.493 135.847 4.051
202112 0.000 138.161 0.000
202203 3.738 138.822 4.242
202206 0.000 142.347 0.000
202209 3.817 144.661 4.157
202212 0.000 145.763 0.000
202303 3.747 146.865 4.020
202306 0.000 150.280 0.000
202309 3.820 151.492 3.973
202312 0.000 152.924 0.000
202403 4.060 153.035 4.180
202406 0.000 155.789 0.000
202409 4.173 157.882 4.164
202412 0.000 158.323 0.000
202503 4.293 157.552 4.293

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.


Nandan Denim  (BOM:532641) 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.


Nandan Denim Cyclically Adjusted PB Ratio Related Terms

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


Nandan Denim Business Description

Traded in Other Exchanges
Address
Near Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
Nandan Denim Ltd is engaged in the manufacturing and sale of fabrics. Its product portfolio includes Regular Basic denim, Knit denim, Smart Casuals, Textured, Organic Cotton yarn, Blended yarn, and others. The majority of its revenue is generated from the Indian market and it also exports its products to other countries.

Nandan Denim Headlines

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