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Tijaria Polypipes (BOM:533629) Cyclically Adjusted PB Ratio : 1.85 (As of Jul. 15, 2024)


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What is Tijaria Polypipes Cyclically Adjusted PB Ratio?

As of today (2024-07-15), Tijaria Polypipes's current share price is ₹16.02. Tijaria Polypipes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹8.65. Tijaria Polypipes's Cyclically Adjusted PB Ratio for today is 1.85.

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

BOM:533629' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.32   Max: 3.31
Current: 1.85

During the past years, Tijaria Polypipes's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 0.15. And the median was 0.32.

BOM:533629's Cyclically Adjusted PB Ratio is ranked worse than
71.15% of 1279 companies
in the Construction industry
Industry Median: 1.11 vs BOM:533629: 1.85

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.

Tijaria Polypipes's adjusted book value per share data for the three months ended in Mar. 2024 was ₹-9.457. 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 ₹8.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tijaria Polypipes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes Cyclically Adjusted PB Ratio Chart

Tijaria Polypipes 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 - 0.22 0.27 0.28 1.47

Tijaria Polypipes 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 0.28 0.44 0.48 0.57 1.47

Competitive Comparison of Tijaria Polypipes's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Tijaria Polypipes'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.


Tijaria Polypipes's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tijaria Polypipes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tijaria Polypipes 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.

Tijaria Polypipes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.02/8.65
=1.85

* 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.

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

For example, Tijaria Polypipes'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)
=-9.457/153.0345*153.0345
=-9.457

Current CPI (Mar. 2024) = 153.0345.

Tijaria Polypipes Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 29.967 96.780 47.385
201412 0.000 96.780 0.000
201503 29.600 97.163 46.621
201506 0.000 99.841 0.000
201509 27.367 101.753 41.159
201512 0.000 102.901 0.000
201603 23.421 102.518 34.962
201606 0.000 105.961 0.000
201609 18.253 105.961 26.362
201612 0.000 105.196 0.000
201703 14.567 105.196 21.191
201706 0.000 107.109 0.000
201709 7.449 109.021 10.456
201712 0.000 109.404 0.000
201803 4.987 109.786 6.952
201806 0.000 111.317 0.000
201809 7.002 115.142 9.306
201812 0.000 115.142 0.000
201903 7.992 118.202 10.347
201906 0.000 120.880 0.000
201909 8.188 123.175 10.173
201912 0.000 126.235 0.000
202003 7.298 124.705 8.956
202006 0.000 127.000 0.000
202009 4.610 130.118 5.422
202012 0.000 130.889 0.000
202103 2.432 131.771 2.824
202106 0.000 134.084 0.000
202109 -0.758 135.847 -0.854
202112 0.000 138.161 0.000
202203 -5.142 138.822 -5.668
202206 -6.674 142.347 -7.175
202209 -7.080 144.661 -7.490
202212 -7.467 145.763 -7.840
202303 -8.438 146.865 -8.792
202306 -8.736 150.280 -8.896
202309 -8.967 151.492 -9.058
202312 -9.208 152.924 -9.215
202403 -9.457 153.035 -9.457

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.


Tijaria Polypipes  (BOM:533629) 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.


Tijaria Polypipes Cyclically Adjusted PB Ratio Related Terms

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


Tijaria Polypipes (BOM:533629) Business Description

Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

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