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Tirupati Foam (BOM:540904) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Tirupati Foam Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tirupati Foam Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tirupati Foam'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.

Tirupati Foam Cyclically Adjusted PB Ratio Chart

Tirupati Foam 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 - - 1.14 1.10 0.96

Tirupati Foam 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 - 0.96 - 1.19 -

Competitive Comparison of Tirupati Foam's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Tirupati Foam'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.


Tirupati Foam's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tirupati Foam's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tirupati Foam 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.

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

For example, Tirupati Foam'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.

Tirupati Foam Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 42.520 96.780 67.187
201412 0.000 96.780 0.000
201503 41.424 97.163 65.197
201506 0.000 99.841 0.000
201509 43.261 101.753 65.017
201512 0.000 102.901 0.000
201603 42.498 102.518 63.393
201606 0.000 105.961 0.000
201609 44.318 105.961 63.960
201612 0.000 105.196 0.000
201703 46.308 105.196 67.318
201706 0.000 107.109 0.000
201709 48.488 109.021 68.014
201712 0.000 109.404 0.000
201803 48.834 109.786 68.022
201806 0.000 111.317 0.000
201809 49.167 115.142 65.301
201812 0.000 115.142 0.000
201903 52.444 118.202 67.850
201906 0.000 120.880 0.000
201909 53.315 123.175 66.192
201912 0.000 126.235 0.000
202003 55.976 124.705 68.643
202006 0.000 127.000 0.000
202009 55.452 130.118 65.171
202012 0.000 130.889 0.000
202103 58.479 131.771 67.867
202106 0.000 134.084 0.000
202109 58.635 135.847 66.006
202112 0.000 138.161 0.000
202203 62.660 138.822 69.025
202206 0.000 142.347 0.000
202209 63.794 144.661 67.438
202212 0.000 145.763 0.000
202303 66.039 146.865 68.764
202306 0.000 150.280 0.000
202309 67.266 151.492 67.902
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.


Tirupati Foam  (BOM:540904) 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.


Tirupati Foam Cyclically Adjusted PB Ratio Related Terms

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Tirupati Foam (BOM:540904) Business Description

Traded in Other Exchanges
N/A
Address
University Road, Polytechnic Char Rasta, Tirupati House, 4th Floor, Near Topaz Restaurant, Ambawadi, Ahmedabad, GJ, IND, 380015
Tirupati Foam Ltd is an Indian firm engaged in the manufacturing of Flexible Polyurethane Foam and related articles including; bedding, quilts, pillows, cushions, sleeping bags foam and foam products under the name of Sweet Dream. The company's products include mattresses, industrial P U foam, PUF pillows, sofa cushions and others. Substantial revenue accrues from Domestic sales and the sale of P U Foam.

Tirupati Foam (BOM:540904) Headlines

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