GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shangar Decor Ltd (BOM:540259) » Definitions » Cyclically Adjusted PB Ratio

Shangar Decor (BOM:540259) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shangar Decor Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shangar Decor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shangar Decor'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.

Shangar Decor Cyclically Adjusted PB Ratio Chart

Shangar Decor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.41

Shangar Decor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.41 - 1.04 -

Competitive Comparison of Shangar Decor's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Shangar Decor'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.


Shangar Decor's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shangar Decor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Shangar Decor 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.

Shangar Decor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Shangar Decor's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Shangar Decor Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.288 91.425 7.172
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 4.297 97.163 6.763
201506 0.000 99.841 0.000
201509 4.289 101.753 6.446
201512 0.000 102.901 0.000
201603 4.333 102.518 6.463
201606 0.000 105.961 0.000
201609 4.355 105.961 6.285
201612 0.000 105.196 0.000
201703 4.414 105.196 6.417
201706 0.000 107.109 0.000
201709 4.436 109.021 6.222
201712 0.000 109.404 0.000
201803 4.567 109.786 6.361
201806 0.000 111.317 0.000
201809 5.929 115.142 7.875
201812 0.000 115.142 0.000
201903 4.725 118.202 6.113
201906 0.000 120.880 0.000
201909 4.909 123.175 6.095
201912 4.982 126.235 6.035
202003 4.995 124.705 6.125
202006 0.000 127.000 0.000
202009 5.577 130.118 6.555
202012 0.000 130.889 0.000
202103 5.200 131.771 6.035
202106 5.254 134.084 5.992
202109 5.331 135.847 6.001
202112 0.000 138.161 0.000
202203 5.242 138.822 5.775
202206 0.000 142.347 0.000
202209 5.308 144.661 5.611
202212 0.000 145.763 0.000
202303 5.407 146.865 5.630
202306 0.000 150.280 0.000
202309 5.483 151.492 5.535
202312 0.000 152.924 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.


Shangar Decor  (BOM:540259) 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.


Shangar Decor Cyclically Adjusted PB Ratio Related Terms

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


Shangar Decor (BOM:540259) Business Description

Traded in Other Exchanges
N/A
Address
44, Sharad Flats, Opposite Dharnidhar Temple, Behind Sales India, Paldi, Ahmedabad, GJ, IND, 380007
Shangar Decor Ltd is a company engaged in the provision of decoration business. Its services include theme wedding decor, pre-wedding decor, corporate events decor, religious events decor, and catering services. The Company is primarily engaged in single segment which is Event Management. The company derives revenue from activities being mandap keeping, decoration contracts and turnkey projects in the decoration segment.

Shangar Decor (BOM:540259) Headlines

No Headlines