GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Osiajee Texfab Ltd (BOM:540198) » Definitions » Cyclically Adjusted PB Ratio

Osiajee Texfab (BOM:540198) Cyclically Adjusted PB Ratio : 3.04 (As of Dec. 16, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Osiajee Texfab Cyclically Adjusted PB Ratio?

As of today (2024-12-16), Osiajee Texfab's current share price is ₹50.34. Osiajee Texfab's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹16.56. Osiajee Texfab's Cyclically Adjusted PB Ratio for today is 3.04.

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

BOM:540198' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2.87   Max: 4.38
Current: 3.04

During the past years, Osiajee Texfab's highest Cyclically Adjusted PB Ratio was 4.38. The lowest was 1.50. And the median was 2.87.

BOM:540198's Cyclically Adjusted PB Ratio is ranked worse than
77.46% of 803 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.2 vs BOM:540198: 3.04

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.

Osiajee Texfab's adjusted book value per share data for the three months ended in Sep. 2024 was ₹19.426. 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 ₹16.56 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osiajee Texfab Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Osiajee Texfab'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.

Osiajee Texfab Cyclically Adjusted PB Ratio Chart

Osiajee Texfab 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 - 1.31 3.31 4.38 1.77

Osiajee Texfab Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 2.31 1.87 1.77 - 2.89

Competitive Comparison of Osiajee Texfab's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Osiajee Texfab'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.


Osiajee Texfab's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Osiajee Texfab's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Osiajee Texfab 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.

Osiajee Texfab's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.34/16.56
=3.04

* 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.

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

For example, Osiajee Texfab'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)
=19.426/157.8822*157.8822
=19.426

Current CPI (Sep. 2024) = 157.8822.

Osiajee Texfab Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 10.547 97.163 17.138
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 10.591 102.518 16.311
201606 0.000 105.961 0.000
201609 10.779 105.961 16.061
201612 0.000 105.196 0.000
201703 10.786 105.196 16.188
201706 0.000 107.109 0.000
201709 10.882 109.021 15.759
201712 0.000 109.404 0.000
201803 10.844 109.786 15.595
201806 0.000 111.317 0.000
201809 10.753 115.142 14.744
201812 0.000 115.142 0.000
201903 11.761 118.202 15.709
201906 0.000 120.880 0.000
201909 12.430 123.175 15.932
201912 0.000 126.235 0.000
202003 12.273 124.705 15.538
202006 0.000 127.000 0.000
202009 13.074 130.118 15.864
202012 0.000 130.889 0.000
202103 13.010 131.771 15.588
202106 0.000 134.084 0.000
202109 13.270 135.847 15.422
202112 0.000 138.161 0.000
202203 14.322 138.822 16.288
202206 0.000 142.347 0.000
202209 15.092 144.661 16.471
202212 0.000 145.763 0.000
202303 16.293 146.865 17.515
202306 0.000 150.280 0.000
202309 17.364 151.492 18.096
202312 17.902 152.924 18.482
202403 18.449 153.035 19.033
202406 0.000 155.789 0.000
202409 19.426 157.882 19.426

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.


Osiajee Texfab  (BOM:540198) 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.


Osiajee Texfab Cyclically Adjusted PB Ratio Related Terms

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


Osiajee Texfab Business Description

Traded in Other Exchanges
N/A
Address
Jalandhar Road, Second Floor, Navraav Electro Limited Building, Opposite Punj Honda, Balachaur, Hoshiarpur, PB, IND, 146 001
Osiajee Texfab Ltd is a textile manufacturing company. It is engaged in the trading of textile products as well as manufacturing, weaving, dyeing, and other textile-related activities.

Osiajee Texfab Headlines

No Headlines