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Supershakti Metaliks (BOM:541701) Cyclically Adjusted PB Ratio : 3.09 (As of Sep. 21, 2024)


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What is Supershakti Metaliks Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Supershakti Metaliks's current share price is ₹370.05. Supershakti Metaliks's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹119.72. Supershakti Metaliks's Cyclically Adjusted PB Ratio for today is 3.09.

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

BOM:541701' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.05   Med: 5.01   Max: 6.11
Current: 3.09

During the past 11 years, Supershakti Metaliks's highest Cyclically Adjusted PB Ratio was 6.11. The lowest was 3.05. And the median was 5.01.

BOM:541701's Cyclically Adjusted PB Ratio is ranked worse than
89.9% of 386 companies
in the Steel industry
Industry Median: 0.9 vs BOM:541701: 3.09

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.

Supershakti Metaliks's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹217.133. 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 ₹119.72 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Supershakti Metaliks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Supershakti Metaliks'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.

Supershakti Metaliks Cyclically Adjusted PB Ratio Chart

Supershakti Metaliks 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 - - - 3.99 4.80

Supershakti Metaliks Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - - 3.99 - 4.80

Competitive Comparison of Supershakti Metaliks's Cyclically Adjusted PB Ratio

For the Steel subindustry, Supershakti Metaliks'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.


Supershakti Metaliks's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Supershakti Metaliks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Supershakti Metaliks 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.

Supershakti Metaliks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=370.05/119.72
=3.09

* 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.

Supershakti Metaliks's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Supershakti Metaliks's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=217.133/153.0345*153.0345
=217.133

Current CPI (Mar24) = 153.0345.

Supershakti Metaliks Annual Data

Book Value per Share CPI Adj_Book
201503 0.006 97.163 0.009
201603 36.131 102.518 53.935
201703 36.633 105.196 53.292
201803 47.374 109.786 66.036
201903 88.393 118.202 114.441
202003 119.167 124.705 146.238
202103 138.255 131.771 160.565
202203 155.150 138.822 171.034
202303 205.855 146.865 214.503
202403 217.133 153.035 217.133

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.


Supershakti Metaliks  (BOM:541701) 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.


Supershakti Metaliks Cyclically Adjusted PB Ratio Related Terms

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


Supershakti Metaliks Business Description

Traded in Other Exchanges
N/A
Address
39 Shakespeare Sarani, Premlata Building, 3rd Floor, Kolkata, WB, IND, 700 017
Supershakti Metaliks Ltd is a steel products manufacturer. The company operates mainly in one business segment namely Iron and Steel Product. The company's products include Wire rods, HP wire, Binding wire, and Billet wire. The company sells its products in India and also exports it to other countries, of which prime revenue is generated from the sales made in India.

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