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Ghandhara Industries (KAR:GHNI) Cyclically Adjusted PB Ratio : 2.05 (As of Jun. 08, 2024)


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What is Ghandhara Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Ghandhara Industries's current share price is ₨265.94. Ghandhara Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨129.82. Ghandhara Industries's Cyclically Adjusted PB Ratio for today is 2.05.

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

KAR:GHNI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.06   Max: 2.23
Current: 2.23

During the past years, Ghandhara Industries's highest Cyclically Adjusted PB Ratio was 2.23. The lowest was 0.60. And the median was 1.06.

KAR:GHNI's Cyclically Adjusted PB Ratio is ranked worse than
67.4% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs KAR:GHNI: 2.23

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.

Ghandhara Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₨200.076. 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 ₨129.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ghandhara Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ghandhara Industries'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.

Ghandhara Industries Cyclically Adjusted PB Ratio Chart

Ghandhara Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.66

Ghandhara Industries 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 0.74 0.66 0.89 1.34 1.23

Competitive Comparison of Ghandhara Industries's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Ghandhara Industries'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.


Ghandhara Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghandhara Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ghandhara Industries 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.

Ghandhara Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=265.94/129.82
=2.05

* 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.

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

For example, Ghandhara Industries'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)
=200.076/131.7762*131.7762
=200.076

Current CPI (Mar. 2024) = 131.7762.

Ghandhara Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 47.413 100.560 62.131
201409 47.990 100.428 62.970
201412 48.296 99.070 64.240
201503 48.984 99.621 64.795
201506 52.792 100.684 69.095
201509 55.752 100.392 73.181
201512 58.440 99.792 77.170
201603 62.370 100.470 81.804
201606 72.956 101.688 94.543
201609 77.171 101.861 99.835
201612 77.978 101.863 100.877
201703 82.688 102.862 105.931
201706 86.606 103.349 110.428
201709 89.851 104.136 113.700
201712 100.421 104.011 127.228
201803 108.733 105.290 136.086
201806 110.891 106.317 137.446
201809 118.000 106.507 145.996
201812 112.064 105.998 139.318
201903 112.339 107.251 138.028
201906 109.117 108.070 133.053
201909 109.439 108.329 133.126
201912 106.651 108.420 129.626
202003 98.221 108.902 118.852
202006 119.122 108.767 144.321
202009 115.727 109.815 138.871
202012 119.238 109.897 142.977
202103 128.830 111.754 151.911
202106 133.213 114.631 153.137
202109 143.869 115.734 163.811
202112 155.701 117.630 174.426
202203 161.132 121.301 175.047
202206 149.943 125.017 158.050
202209 151.848 125.227 159.790
202212 152.451 125.222 160.431
202303 156.094 127.348 161.522
202306 192.968 128.729 197.536
202309 194.414 129.860 197.284
202312 190.557 129.419 194.027
202403 200.076 131.776 200.076

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.


Ghandhara Industries  (KAR:GHNI) 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.


Ghandhara Industries Cyclically Adjusted PB Ratio Related Terms

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


Ghandhara Industries (KAR:GHNI) Business Description

Traded in Other Exchanges
N/A
Address
F-3, Hub Chowki Road, S.I.T.E, P.O. Box No. 2706, Karachi, SD, PAK, 75730
Ghandhara Industries Ltd is a Pakistan based company. It is engaged in the manufacturing, assembly and marketing of Isuzu DMAX Pickups, ISUZU Trucks, Bus Chassis and fabrication of Bus and Load bodies. Its products include Rigid Truck & Prime Mover, Hi- spark single cab, Microbus, Pickup, cross crew cab, lander single cab, Light Commercial Vehicles and others.

Ghandhara Industries (KAR:GHNI) Headlines

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