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FIEM Industries (BOM:532768) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is FIEM Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FIEM Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FIEM Industries'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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FIEM Industries Cyclically Adjusted PB Ratio Chart

FIEM Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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FIEM Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of FIEM Industries's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, FIEM Industries'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.


FIEM Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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


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FIEM Industries 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.

FIEM Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, FIEM Industries's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

FIEM Industries Quarterly Data

Book Value per Share CPI Adj_Book
200903 40.129 56.615 112.221
201003 45.894 65.030 111.734
201103 52.411 70.768 117.254
201203 60.105 76.889 123.763
201206 0.000 79.567 0.000
201209 131.772 82.244 253.666
201212 0.000 83.774 0.000
201303 70.253 85.687 129.806
201403 82.283 91.425 142.492
201503 95.002 97.163 154.802
201603 110.280 102.518 170.310
201703 155.820 105.196 234.513
201803 170.724 109.786 246.201
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 181.288 118.202 242.822
201906 0.000 120.880 0.000
201909 188.085 123.175 241.755
201912 0.000 126.235 0.000
202003 199.591 124.705 253.396
202006 0.000 127.000 0.000
202009 197.745 130.118 240.609
202012 0.000 130.889 0.000
202103 216.318 131.771 259.907
202106 0.000 134.084 0.000
202109 222.575 135.847 259.400
202112 0.000 138.161 0.000
202203 244.009 138.822 278.286
202206 0.000 142.347 0.000
202209 262.757 144.661 287.572
202212 0.000 145.763 0.000
202303 289.197 146.865 311.760
202306 0.000 150.280 0.000
202309 304.076 151.492 317.787
202312 0.000 152.924 0.000
202403 336.974 153.035 348.619
202406 0.000 155.789 0.000
202409 354.204 157.882 355.193
202412 0.000 158.323 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.


FIEM Industries  (BOM:532768) 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.


FIEM Industries Cyclically Adjusted PB Ratio Related Terms

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


FIEM Industries Business Description

Traded in Other Exchanges
Address
Aria Commercial Towers, Aerocity, Unit No.1A & 1C, 1st Floor, JW Marriott Hotel, New Delhi, IND, 110 037
FIEM Industries Ltd is an Indian company engaged in the manufacturing of automotive components. The company has identified two reportable business segments based on the nature of its products. The Automotive segment, which is the key revenue driver, comprises automotive lighting and signaling equipment, rearview mirrors, prismatic mirrors, plastic molded parts, and sheet metal components for motorized vehicles and other parts for automotive. The LED Luminaries segment comprises LED luminaries including indoor and outdoor lighting, display panels, and LED integrated passenger information system among others.

FIEM Industries Headlines

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