GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hanman Fit Ltd (BOM:538731) » Definitions » Cyclically Adjusted PB Ratio

Hanman Fit (BOM:538731) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 20, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Hanman Fit Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Hanman Fit's current share price is ₹4.02. Hanman Fit's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹10.42. Hanman Fit's Cyclically Adjusted PB Ratio for today is 0.39.

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

BOM:538731' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.41   Max: 0.41
Current: 0.39

During the past 11 years, Hanman Fit's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.39. And the median was 0.41.

BOM:538731's Cyclically Adjusted PB Ratio is ranked better than
79.74% of 622 companies
in the Travel & Leisure industry
Industry Median: 1.335 vs BOM:538731: 0.39

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.

Hanman Fit's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹2.359. 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 ₹10.42 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanman Fit Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hanman Fit'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.

Hanman Fit Cyclically Adjusted PB Ratio Chart

Hanman Fit 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 - - - 0.19 0.41

Hanman Fit Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - - 0.19 - 0.41

Competitive Comparison of Hanman Fit's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Hanman Fit'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.


Hanman Fit's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hanman Fit's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hanman Fit 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.

Hanman Fit's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.02/10.42
=0.39

* 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.

Hanman Fit's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Hanman Fit's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=2.359/153.0345*153.0345
=2.359

Current CPI (Mar24) = 153.0345.

Hanman Fit Annual Data

Book Value per Share CPI Adj_Book
201503 16.383 97.163 25.804
201603 15.995 102.518 23.877
201703 11.266 105.196 16.389
201803 10.249 109.786 14.286
201903 7.662 118.202 9.920
202003 4.079 124.705 5.006
202103 2.343 131.771 2.721
202203 1.877 138.822 2.069
202303 1.739 146.865 1.812
202403 2.359 153.035 2.359

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.


Hanman Fit  (BOM:538731) 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.


Hanman Fit Cyclically Adjusted PB Ratio Related Terms

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


Hanman Fit (BOM:538731) Business Description

Traded in Other Exchanges
N/A
Address
JVPD Scheme Plot No. 1, N.S. Road, 702 Concorde CHS Ltd, No. 10, Near Shiv Sagar Hotel, Vile Parle (West), Mumbai, MH, IND, 400056
Hanman Fit Ltd is involved in the gymming business in India. The company provides diverse fitness services apart from standard gymming and fitness solutions like the Zumba program, spa, massage, aerobics, yoga, physiotherapy, and many more.

Hanman Fit (BOM:538731) Headlines

No Headlines