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Shree Renuka Sugars (BOM:532670) Cyclically Adjusted PB Ratio : (As of Dec. 12, 2024)


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What is Shree Renuka Sugars Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shree Renuka Sugars Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shree Renuka Sugars'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.

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Shree Renuka Sugars Cyclically Adjusted PB Ratio Chart

Shree Renuka Sugars Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Shree Renuka Sugars Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Shree Renuka Sugars's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Shree Renuka Sugars'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.


Shree Renuka Sugars's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Renuka Sugars's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shree Renuka Sugars's Cyclically Adjusted PB Ratio falls into.



Shree Renuka Sugars 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.

Shree Renuka Sugars's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Shree Renuka Sugars's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-6.755/153.0345*153.0345
=-6.755

Current CPI (Mar24) = 153.0345.

Shree Renuka Sugars Annual Data

Book Value per Share CPI Adj_Book
201503 -25.658 97.163 -40.412
201603 -26.415 102.518 -39.431
201703 -35.361 105.196 -51.442
201803 -8.905 109.786 -12.413
201903 -15.690 118.202 -20.314
202003 -4.605 124.705 -5.651
202103 -3.113 131.771 -3.615
202203 -2.855 138.822 -3.147
202303 -4.140 146.865 -4.314
202403 -6.755 153.035 -6.755

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.


Shree Renuka Sugars  (BOM:532670) 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.


Shree Renuka Sugars Cyclically Adjusted PB Ratio Related Terms

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Shree Renuka Sugars Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, 7th Floor, Devchand House, Shiv Sagar Estate, Worli, Mumbai, MH, IND, 400018
Shree Renuka Sugars Ltd is an agribusiness and bio-energy company. The company's operating segment includes sugar - milling; sugar - refinery; trading; co-generation; distillery; engineering and others. It generates maximum revenue from the sugar refinery segment.

Shree Renuka Sugars Headlines

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