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Garden Reach Shipbuilders & Engineers (BOM:542011) Cyclically Adjusted PB Ratio : 8.00 (As of May. 14, 2024)


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What is Garden Reach Shipbuilders & Engineers Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Garden Reach Shipbuilders & Engineers's current share price is ₹984.35. Garden Reach Shipbuilders & Engineers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹123.02. Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio for today is 8.00.

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

BOM:542011' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 3.21   Max: 7.42
Current: 7.42

During the past 11 years, Garden Reach Shipbuilders & Engineers's highest Cyclically Adjusted PB Ratio was 7.42. The lowest was 1.90. And the median was 3.21.

BOM:542011's Cyclically Adjusted PB Ratio is ranked worse than
85.29% of 204 companies
in the Aerospace & Defense industry
Industry Median: 2.49 vs BOM:542011: 7.42

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.

Garden Reach Shipbuilders & Engineers's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹123.421. 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 ₹123.02 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Garden Reach Shipbuilders & Engineers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Garden Reach Shipbuilders & 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.

Garden Reach Shipbuilders & Engineers Cyclically Adjusted PB Ratio Chart

Garden Reach Shipbuilders & Engineers 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 - - - 1.94 3.70

Garden Reach Shipbuilders & Engineers 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 - 3.70 - - -

Competitive Comparison of Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & 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.


Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio falls into.



Garden Reach Shipbuilders & 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.

Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=984.35/123.02
=8.00

* 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.

Garden Reach Shipbuilders & Engineers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Garden Reach Shipbuilders & Engineers's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=123.421/146.8646*146.8646
=123.421

Current CPI (Mar23) = 146.8646.

Garden Reach Shipbuilders & Engineers Annual Data

Book Value per Share CPI Adj_Book
201403 83.361 91.425 133.911
201503 87.892 97.163 132.851
201603 99.226 102.518 142.148
201703 94.555 105.196 132.009
201803 89.290 109.786 119.446
201903 90.641 118.202 112.620
202003 90.809 124.705 106.945
202103 99.266 131.771 110.637
202203 109.810 138.822 116.172
202303 123.421 146.865 123.421

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.


Garden Reach Shipbuilders & Engineers  (BOM:542011) 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.


Garden Reach Shipbuilders & Engineers Cyclically Adjusted PB Ratio Related Terms

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


Garden Reach Shipbuilders & Engineers (BOM:542011) Business Description

Traded in Other Exchanges
Address
61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700 024
Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.

Garden Reach Shipbuilders & Engineers (BOM:542011) Headlines

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