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Panafic Industrials (BOM:538860) Cyclically Adjusted PB Ratio : 0.88 (As of Jun. 13, 2024)


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What is Panafic Industrials Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Panafic Industrials's current share price is ₹1.22. Panafic Industrials's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹1.39. Panafic Industrials's Cyclically Adjusted PB Ratio for today is 0.88.

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

BOM:538860' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.88
Current: 0.88

During the past years, Panafic Industrials's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.09. And the median was 0.12.

BOM:538860's Cyclically Adjusted PB Ratio is not ranked
in the Credit Services industry.
Industry Median: 0.955 vs BOM:538860: 0.88

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.

Panafic Industrials's adjusted book value per share data for the three months ended in Mar. 2024 was ₹1.202. 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 ₹1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panafic Industrials Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Panafic Industrials'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.

Panafic Industrials Cyclically Adjusted PB Ratio Chart

Panafic Industrials 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 - - - - 1.06

Panafic Industrials 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 - - - - 1.06

Competitive Comparison of Panafic Industrials's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Panafic Industrials'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.


Panafic Industrials's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Panafic Industrials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Panafic Industrials 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.

Panafic Industrials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.22/1.39
=0.88

* 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.

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

For example, Panafic Industrials'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)
=1.202/153.0345*153.0345
=1.202

Current CPI (Mar. 2024) = 153.0345.

Panafic Industrials Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 1.074 97.163 1.692
201506 0.000 99.841 0.000
201509 1.074 101.753 1.615
201512 0.000 102.901 0.000
201603 1.072 102.518 1.600
201606 0.000 105.961 0.000
201609 1.079 105.961 1.558
201612 1.081 105.196 1.573
201703 1.126 105.196 1.638
201706 0.000 107.109 0.000
201709 1.129 109.021 1.585
201712 0.000 109.404 0.000
201803 1.130 109.786 1.575
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 1.153 118.202 1.493
201906 0.000 120.880 0.000
201909 1.158 123.175 1.439
201912 1.163 126.235 1.410
202003 0.986 124.705 1.210
202006 0.986 127.000 1.188
202009 0.986 130.118 1.160
202012 0.986 130.889 1.153
202103 1.020 131.771 1.185
202106 0.000 134.084 0.000
202109 1.017 135.847 1.146
202112 0.000 138.161 0.000
202203 1.241 138.822 1.368
202206 0.000 142.347 0.000
202209 1.269 144.661 1.342
202212 0.000 145.763 0.000
202303 1.200 146.865 1.250
202306 0.000 150.280 0.000
202309 1.223 151.492 1.235
202312 0.000 152.924 0.000
202403 1.202 153.035 1.202

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.


Panafic Industrials  (BOM:538860) 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.


Panafic Industrials Cyclically Adjusted PB Ratio Related Terms

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


Panafic Industrials (BOM:538860) Business Description

Traded in Other Exchanges
N/A
Address
Club Road, 23, IInd Floor, North West Avenue, West Punjabi Bagh, New Delhi, Delhi, IND, 110026
Panafic Industrials Ltd is a non-banking financial company. The main operation of the company is to finance industrial enterprises by way of making loans or advances mainly to private industrial enterprises in India and dealing in the sale purchase of securities. Panafic deals in shares, stocks, debentures, bonds and other investments. The company also finances corporations and other individuals by way of loans or advances or subscribing to capital.

Panafic Industrials (BOM:538860) Headlines

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