GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pearl Global Industries Ltd (BOM:532808) » Definitions » Cyclically Adjusted PB Ratio

Pearl Global Industries (BOM:532808) Cyclically Adjusted PB Ratio : 4.56 (As of Jun. 21, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Pearl Global Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Pearl Global Industries's current share price is ₹629.60. Pearl Global Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹138.00. Pearl Global Industries's Cyclically Adjusted PB Ratio for today is 4.56.

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

BOM:532808' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.62   Max: 4.99
Current: 4.59

During the past years, Pearl Global Industries's highest Cyclically Adjusted PB Ratio was 4.99. The lowest was 1.17. And the median was 1.62.

BOM:532808's Cyclically Adjusted PB Ratio is ranked worse than
87.88% of 866 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs BOM:532808: 4.59

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.

Pearl Global Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₹184.021. 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 ₹138.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pearl Global Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pearl Global 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.

* Premium members only.

Pearl Global Industries Cyclically Adjusted PB Ratio Chart

Pearl Global Industries 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 - - 1.40 1.45 3.91

Pearl Global Industries 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 1.45 - 3.56 - 3.91

Competitive Comparison of Pearl Global Industries's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Pearl Global 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.


Pearl Global Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Pearl Global 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.

Pearl Global Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=629.60/138
=4.56

* 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.

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

For example, Pearl Global Industries'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)
=184.021/153.0345*153.0345
=184.021

Current CPI (Mar. 2024) = 153.0345.

Pearl Global Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 69.749 96.780 110.291
201412 0.000 96.780 0.000
201503 73.262 97.163 115.390
201506 0.000 99.841 0.000
201509 77.410 101.753 116.423
201512 0.000 102.901 0.000
201603 79.695 102.518 118.965
201606 0.000 105.961 0.000
201609 83.400 105.961 120.451
201612 0.000 105.196 0.000
201703 86.675 105.196 126.091
201706 0.000 107.109 0.000
201709 88.089 109.021 123.651
201712 0.000 109.404 0.000
201803 91.196 109.786 127.121
201806 0.000 111.317 0.000
201809 99.016 115.142 131.602
201812 0.000 115.142 0.000
201903 108.445 118.202 140.402
201906 0.000 120.880 0.000
201909 111.354 123.175 138.348
201912 0.000 126.235 0.000
202003 115.532 124.705 141.778
202006 0.000 127.000 0.000
202009 113.999 130.118 134.077
202012 0.000 130.889 0.000
202103 119.372 131.771 138.635
202106 0.000 134.084 0.000
202109 126.385 135.847 142.375
202112 0.000 138.161 0.000
202203 138.234 138.822 152.387
202206 0.000 142.347 0.000
202209 144.842 144.661 153.226
202212 0.000 145.763 0.000
202303 166.744 146.865 173.749
202306 0.000 150.280 0.000
202309 169.280 151.492 171.004
202312 0.000 152.924 0.000
202403 184.021 153.035 184.021

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.


Pearl Global Industries  (BOM:532808) 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.


Pearl Global Industries Cyclically Adjusted PB Ratio Related Terms

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


Pearl Global Industries (BOM:532808) Business Description

Traded in Other Exchanges
Address
Pearl Tower, Plot No. 51, Sector - 32, Gurgaon, HR, IND, 122001
Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.

Pearl Global Industries (BOM:532808) Headlines

No Headlines