/term/cyclically-adjusted-pb-ratio/COL:HAYL.N0000 Hayleys (COL:HAYL.N0000) Cyclically Adjusted PB Ratio
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Hayleys (COL:HAYL.N0000) Cyclically Adjusted PB Ratio : 1.43 (As of Jun. 20, 2024)


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What is Hayleys Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Hayleys's current share price is රු105.00. Hayleys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු73.48. Hayleys's Cyclically Adjusted PB Ratio for today is 1.43.

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

COL:HAYL.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.2   Max: 2.03
Current: 1.43

During the past years, Hayleys's highest Cyclically Adjusted PB Ratio was 2.03. The lowest was 1.02. And the median was 1.20.

COL:HAYL.N0000's Cyclically Adjusted PB Ratio is ranked worse than
62.33% of 454 companies
in the Conglomerates industry
Industry Median: 0.98 vs COL:HAYL.N0000: 1.43

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.

Hayleys's adjusted book value per share data for the three months ended in Mar. 2024 was රු106.884. 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 රු73.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hayleys Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hayleys'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.

Hayleys Cyclically Adjusted PB Ratio Chart

Hayleys 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 - - - 1.09 1.12

Hayleys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only 1.09 1.14 1.33 1.01 1.12

Competitive Comparison of Hayleys's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Hayleys'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.


Hayleys's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hayleys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hayleys 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.

Hayleys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.00/73.48
=1.43

* 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.

Hayleys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hayleys's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=106.884/131.7762*131.7762
=106.884

Current CPI (Mar. 2024) = 131.7762.

Hayleys Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 32.513 100.428 42.662
201412 33.437 99.070 44.476
201503 39.015 99.621 51.608
201506 38.878 100.684 50.884
201509 39.830 100.392 52.282
201512 39.946 99.792 52.749
201603 41.461 100.470 54.380
201606 40.904 101.688 53.007
201609 41.617 101.861 53.839
201612 49.746 101.863 64.355
201703 54.488 102.862 69.804
201706 53.617 103.349 68.365
201709 53.858 104.136 68.153
201712 51.633 104.011 65.416
201803 52.866 105.290 66.165
201806 51.797 106.317 64.201
201809 51.795 106.507 64.084
201812 52.502 105.998 65.270
201903 53.656 107.251 65.926
201906 51.706 108.070 63.049
201909 51.469 108.329 62.609
201912 52.300 108.420 63.567
202003 52.939 108.902 64.059
202006 52.845 108.767 64.024
202009 54.839 109.815 65.806
202012 58.928 109.897 70.660
202103 63.491 111.754 74.866
202106 66.006 114.631 75.878
202109 69.393 115.734 79.012
202112 75.274 117.630 84.327
202203 89.853 121.301 97.612
202206 105.674 125.017 111.388
202209 110.271 125.227 116.038
202212 111.038 125.222 116.850
202303 105.240 127.348 108.900
202306 103.979 128.729 106.441
202309 104.364 129.860 105.904
202312 108.159 129.419 110.129
202403 106.884 131.776 106.884

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.


Hayleys  (COL:HAYL.N0000) 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.


Hayleys Cyclically Adjusted PB Ratio Related Terms

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


Hayleys (COL:HAYL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 400, Deans Road, P.O. Box 70, Hayley Building, Colombo, LKA, 10
Hayleys PLC is a holding company engaged in the provision of management services. The company operates through the following segments: Eco Solutions, Hand Protection, Purification Products, Textiles, Construction Materials, Agriculture, Plantations, Consumer and Retail, Leisure, Industry Inputs, Power and Energy, Transportation and Logistics, and Others. Geographically, it derives revenue from Asia, Australia, Europe, the United States, Africa, and others.

Hayleys (COL:HAYL.N0000) Headlines

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