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Hayleys Fabric (COL:MGT.N0000) Cyclically Adjusted PB Ratio : 3.70 (As of Jun. 25, 2024)


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What is Hayleys Fabric Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Hayleys Fabric's current share price is රු47.40. Hayleys Fabric's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු12.81. Hayleys Fabric's Cyclically Adjusted PB Ratio for today is 3.70.

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

COL:MGT.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.07   Med: 3.18   Max: 4.36
Current: 3.64

During the past years, Hayleys Fabric's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 2.07. And the median was 3.18.

COL:MGT.N0000's Cyclically Adjusted PB Ratio is ranked worse than
84.39% of 865 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs COL:MGT.N0000: 3.64

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 Fabric's adjusted book value per share data for the three months ended in Mar. 2024 was රු24.071. 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 රු12.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hayleys Fabric Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hayleys Fabric'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 Fabric Cyclically Adjusted PB Ratio Chart

Hayleys Fabric 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 - - - 2.34 3.21

Hayleys Fabric 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 2.34 2.07 4.07 3.34 3.21

Competitive Comparison of Hayleys Fabric's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Hayleys Fabric'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 Fabric's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hayleys Fabric's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.40/12.81
=3.70

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

For example, Hayleys Fabric'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)
=24.071/131.7762*131.7762
=24.071

Current CPI (Mar. 2024) = 131.7762.

Hayleys Fabric Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 4.680 100.428 6.141
201412 4.749 99.070 6.317
201503 4.963 99.621 6.565
201506 5.084 100.684 6.654
201509 5.534 100.392 7.264
201512 5.866 99.792 7.746
201603 5.983 100.470 7.847
201606 6.090 101.688 7.892
201609 6.146 101.861 7.951
201612 6.316 101.863 8.171
201703 6.412 102.862 8.214
201706 6.408 103.349 8.171
201709 6.443 104.136 8.153
201712 6.430 104.011 8.146
201803 6.382 105.290 7.987
201806 6.557 106.317 8.127
201809 6.996 106.507 8.656
201812 7.884 105.998 9.801
201903 7.655 107.251 9.406
201906 8.127 108.070 9.910
201909 8.460 108.329 10.291
201912 8.443 108.420 10.262
202003 8.169 108.902 9.885
202006 8.477 108.767 10.270
202009 8.792 109.815 10.550
202012 9.275 109.897 11.122
202103 9.916 111.754 11.693
202106 10.572 114.631 12.153
202109 11.119 115.734 12.660
202112 11.825 117.630 13.247
202203 18.520 121.301 20.119
202206 28.666 125.017 30.216
202209 29.036 125.227 30.555
202212 24.904 125.222 26.208
202303 22.302 127.348 23.078
202306 22.517 128.729 23.050
202309 24.534 129.860 24.896
202312 25.614 129.419 26.080
202403 24.071 131.776 24.071

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 Fabric  (COL:MGT.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 Fabric Cyclically Adjusted PB Ratio Related Terms

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


Hayleys Fabric (COL:MGT.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Narthupana Estate, Neboda, LKA
Hayleys Fabric PLC is engaged in manufacturing, distribution, and trading of Fabric materials and related products. In addition, the company also provides services like circular knitting of fabric, fabric dyeing and finishing, fabric printing, brushing, and sueding. The company product portfolio includes products like diversified weft knit, polyester fabrics, nylon fabric, and various other fabric products. The company possesses market recognition under the brand name INNO. Most of its revenue comes from the Sri Lankan market.

Hayleys Fabric (COL:MGT.N0000) Headlines

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