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GB Global (BOM:533204) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is GB Global Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GB Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GB Global'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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GB Global Cyclically Adjusted PB Ratio Chart

GB Global 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 - 0.05 - - -

GB Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of GB Global's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, GB Global'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.


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

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

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



GB Global 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.

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

For example, GB Global'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)
=55.744/153.0345*153.0345
=55.744

Current CPI (Mar. 2024) = 153.0345.

GB Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 170,379.680 96.780 269,413.736
201412 0.000 96.780 0.000
201503 167,427.989 97.163 263,704.136
201506 0.000 99.841 0.000
201509 193,266.365 101.753 290,667.934
201512 0.000 102.901 0.000
201603 233,919.565 102.518 349,184.133
201606 0.000 105.961 0.000
201609 -485.568 105.961 -701.282
201612 0.000 105.196 0.000
201703 14,264.130 105.196 20,750.827
201706 0.000 107.109 0.000
201709 -44,684.662 109.021 -62,724.336
201712 0.000 109.404 0.000
201803 -226,342.754 109.786 -315,505.838
201806 0.000 111.317 0.000
201809 -231,215.278 115.142 -307,307.023
201812 0.000 115.142 0.000
201903 -242,467.331 118.202 -313,918.845
201906 0.000 120.880 0.000
201909 -244,640.253 123.175 -303,944.784
201912 0.000 126.235 0.000
202003 -255,466.868 124.705 -313,501.568
202006 0.000 127.000 0.000
202009 -270,327.520 130.118 -317,938.092
202012 0.000 130.889 0.000
202103 -285,592.728 131.771 -331,679.248
202106 0.000 134.084 0.000
202109 67,952.474 135.847 76,549.890
202112 0.000 138.161 0.000
202203 42.234 138.822 46.558
202206 0.000 142.347 0.000
202209 40.931 144.661 43.300
202212 0.000 145.763 0.000
202303 47.640 146.865 49.641
202306 0.000 150.280 0.000
202309 44.370 151.492 44.822
202312 0.000 152.924 0.000
202403 55.744 153.035 55.744

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.


GB Global  (BOM:533204) 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.


GB Global Cyclically Adjusted PB Ratio Related Terms

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GB Global (BOM:533204) Business Description

Traded in Other Exchanges
N/A
Address
S.V. Road Andheri, 10th Floor, Dev Plaza, Opposite Andheri Fire Station, Mumbai, IND, 400058
GB Global Ltd is a multi-divisional textile company. The principal business activities include designing, yarn dyeing, weaving, processing, printing, and garment manufacturing. The segments of the company include Textiles, Garment and Infrastructure Projects. It earns majority of the revenue from Textiles segment.

GB Global (BOM:533204) Headlines

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