GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maan Aluminium Ltd (BOM:532906) » Definitions » Cyclically Adjusted PB Ratio

Maan Aluminium (BOM:532906) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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

What is Maan Aluminium Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maan Aluminium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maan Aluminium'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.

Maan Aluminium Cyclically Adjusted PB Ratio Chart

Maan Aluminium 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 - - 2.36 3.70 3.97

Maan Aluminium 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 - 3.97 - 7.02 -

Competitive Comparison of Maan Aluminium's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maan Aluminium 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.

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

For example, Maan Aluminium'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)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

Maan Aluminium Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.032 91.425 8.435
201406 0.000 94.103 0.000
201409 5.051 96.780 7.998
201412 0.000 96.780 0.000
201503 4.904 97.163 7.735
201506 0.000 99.841 0.000
201509 4.944 101.753 7.446
201512 0.000 102.901 0.000
201603 5.016 102.518 7.498
201606 0.000 105.961 0.000
201609 5.201 105.961 7.522
201612 0.000 105.196 0.000
201703 5.489 105.196 7.997
201706 0.000 107.109 0.000
201709 6.159 109.021 8.658
201712 0.000 109.404 0.000
201803 6.535 109.786 9.122
201806 0.000 111.317 0.000
201809 7.466 115.142 9.937
201812 0.000 115.142 0.000
201903 8.028 118.202 10.409
201906 0.000 120.880 0.000
201909 8.988 123.175 11.183
201912 0.000 126.235 0.000
202003 9.270 124.705 11.392
202006 0.000 127.000 0.000
202009 10.188 130.118 12.000
202012 0.000 130.889 0.000
202103 11.844 131.771 13.775
202106 0.000 134.084 0.000
202109 13.625 135.847 15.371
202112 0.000 138.161 0.000
202203 15.600 138.822 17.222
202206 0.000 142.347 0.000
202209 19.323 144.661 20.471
202212 0.000 145.763 0.000
202303 24.087 146.865 25.135
202306 0.000 150.280 0.000
202309 27.412 151.492 27.731
202312 0.000 153.255 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.


Maan Aluminium  (BOM:532906) 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.


Maan Aluminium Cyclically Adjusted PB Ratio Related Terms

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


Maan Aluminium (BOM:532906) Business Description

Traded in Other Exchanges
Address
Asaf Ali Road, Building No. 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies Aluminum Extruded Products in India. It is engaged in the manufacturing of aluminium profiles, aluminium ingots, aluminium billets, and other related activities. Some of its products include Bars, Channels, I Beems, Angels, Tee, Tubes, Doors & Windows, Curtainwall, Glazing, Tower Bolts, and Handles.

Maan Aluminium (BOM:532906) Headlines

No Headlines