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Viaan Industries (BOM:537524) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Viaan Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viaan Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viaan 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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Viaan Industries Cyclically Adjusted PB Ratio Chart

Viaan Industries Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
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Viaan Industries Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Viaan Industries's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Viaan 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.


Viaan Industries's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viaan Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viaan 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.

Viaan Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Viaan Industries's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0/138.1607*138.1607
=0.000

Current CPI (Dec. 2021) = 138.1607.

Viaan Industries Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.122 76.889 0.219
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 0.348 85.687 0.561
201306 0.000 88.365 0.000
201309 0.000 91.042 0.000
201312 0.000 91.425 0.000
201403 0.314 91.425 0.475
201406 0.000 94.103 0.000
201409 0.310 96.780 0.443
201412 0.000 96.780 0.000
201503 0.317 97.163 0.451
201506 0.000 99.841 0.000
201509 0.299 101.753 0.406
201512 0.000 102.901 0.000
201603 1.211 102.518 1.632
201606 0.000 105.961 0.000
201609 1.510 105.961 1.969
201612 0.000 105.196 0.000
201703 2.214 105.196 2.908
201706 0.000 107.109 0.000
201709 3.435 109.021 4.353
201712 0.000 109.404 0.000
201803 5.155 109.786 6.487
201806 0.000 111.317 0.000
201809 6.840 115.142 8.207
201812 0.000 115.142 0.000
201903 7.184 118.202 8.397
201906 0.000 120.880 0.000
201909 7.419 123.175 8.322
201912 0.000 126.235 0.000
202003 -0.103 124.705 -0.114
202006 0.000 127.000 0.000
202009 -0.113 130.118 -0.120
202012 0.000 130.889 0.000
202103 -0.223 131.771 -0.234
202106 0.000 134.084 0.000
202109 -0.293 135.847 -0.298
202112 0.000 138.161 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.


Viaan Industries  (BOM:537524) 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.


Viaan Industries Cyclically Adjusted PB Ratio Related Terms

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Viaan Industries (BOM:537524) Business Description

Traded in Other Exchanges
N/A
Address
SVP Nagar, Janki Devi School Road, Saisha Bungalow Number - 10/87, Mhada, Versova, Andheri (West), Mumbai, MH, IND, 400053
Viaan Industries Ltd is engaged in trading activities of commodities, electronics goods, and the development of mobile-based games applications and animated films. Its operating segment includes Trading Activities, and Entertainment Media and Technology. The company generates maximum revenue from the Trading Activities segment.

Viaan Industries (BOM:537524) Headlines

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