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Hawa Engineers (BOM:539176) Cyclically Adjusted PB Ratio : 4.86 (As of Dec. 15, 2024)


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What is Hawa Engineers Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Hawa Engineers's current share price is ₹241.00. Hawa Engineers's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹49.56. Hawa Engineers's Cyclically Adjusted PB Ratio for today is 4.86.

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

BOM:539176' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.98   Med: 3.7   Max: 5.92
Current: 4.86

During the past years, Hawa Engineers's highest Cyclically Adjusted PB Ratio was 5.92. The lowest was 2.98. And the median was 3.70.

BOM:539176's Cyclically Adjusted PB Ratio is ranked worse than
74.65% of 2024 companies
in the Industrial Products industry
Industry Median: 2.205 vs BOM:539176: 4.86

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.

Hawa Engineers's adjusted book value per share data for the three months ended in Sep. 2024 was ₹55.791. 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 ₹49.56 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawa Engineers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hawa Engineers'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.

Hawa Engineers Cyclically Adjusted PB Ratio Chart

Hawa Engineers 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 - - - - 3.40

Hawa Engineers Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 - - - 3.40 3.48

Competitive Comparison of Hawa Engineers's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Hawa Engineers'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.


Hawa Engineers's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hawa Engineers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hawa Engineers 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.

Hawa Engineers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=241.00/49.56
=4.86

* 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.

Hawa Engineers's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Hawa Engineers's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=55.791/157.8822*157.8822
=55.791

Current CPI (Sep. 2024) = 157.8822.

Hawa Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 28.495 97.163 46.302
201506 0.000 99.841 0.000
201509 30.530 101.753 47.371
201512 0.000 102.901 0.000
201603 30.416 102.518 46.842
201606 0.000 105.961 0.000
201609 32.227 105.961 48.018
201612 0.000 105.196 0.000
201703 32.420 105.196 48.657
201706 0.000 107.109 0.000
201709 32.420 109.021 46.950
201712 0.000 109.404 0.000
201803 35.191 109.786 50.608
201806 0.000 111.317 0.000
201809 36.112 115.142 49.517
201812 0.000 115.142 0.000
201903 37.314 118.202 49.840
201906 0.000 120.880 0.000
201909 37.314 123.175 47.828
201912 0.000 126.235 0.000
202003 39.532 124.705 50.049
202006 0.000 127.000 0.000
202009 40.546 130.118 49.198
202012 0.000 130.889 0.000
202103 41.499 131.771 49.722
202106 0.000 134.084 0.000
202109 43.343 135.847 50.373
202112 0.000 138.161 0.000
202203 44.598 138.822 50.721
202206 0.000 142.347 0.000
202209 45.944 144.661 50.143
202212 0.000 145.763 0.000
202303 46.579 146.865 50.073
202306 0.000 150.280 0.000
202309 47.879 151.492 49.899
202312 0.000 152.924 0.000
202403 51.681 153.035 53.318
202409 55.791 157.882 55.791

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.


Hawa Engineers  (BOM:539176) 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.


Hawa Engineers Cyclically Adjusted PB Ratio Related Terms

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


Hawa Engineers Business Description

Traded in Other Exchanges
N/A
Address
Narol Road, Plot Number 129, Near Kashiram Textile Mill, Ahmedabad, GJ, IND, 382405
Hawa Engineers Ltd is an India-based company engaged in the business activity of manufacturing industrial valves. Its products include gate valves, globe valve, check valve, API valves, forged steel valves, ball valves, butterfly valves, plug valves, safety valves, and others. The company derives maximum revenue from the sales made in India.

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