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Tandlianwala Sugar Mills (KAR:TSML) Cyclically Adjusted PB Ratio : 0.83 (As of May. 22, 2024)


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What is Tandlianwala Sugar Mills Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Tandlianwala Sugar Mills's current share price is ₨65.73. Tandlianwala Sugar Mills's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₨79.15. Tandlianwala Sugar Mills's Cyclically Adjusted PB Ratio for today is 0.83.

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

KAR:TSML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.92   Max: 1.44
Current: 0.83

During the past years, Tandlianwala Sugar Mills's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.78. And the median was 0.92.

KAR:TSML's Cyclically Adjusted PB Ratio is ranked better than
70.12% of 1265 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs KAR:TSML: 0.83

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.

Tandlianwala Sugar Mills's adjusted book value per share data for the three months ended in Dec. 2023 was ₨109.871. 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 ₨79.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tandlianwala Sugar Mills Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tandlianwala Sugar Mills'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.

Tandlianwala Sugar Mills Cyclically Adjusted PB Ratio Chart

Tandlianwala Sugar Mills Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.86

Tandlianwala Sugar Mills 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 1.17 1.40 1.12 0.86 0.96

Competitive Comparison of Tandlianwala Sugar Mills's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Tandlianwala Sugar Mills'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.


Tandlianwala Sugar Mills's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tandlianwala Sugar Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tandlianwala Sugar Mills 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.

Tandlianwala Sugar Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.73/79.15
=0.83

* 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.

Tandlianwala Sugar Mills's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tandlianwala Sugar Mills's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=109.871/129.4194*129.4194
=109.871

Current CPI (Dec. 2023) = 129.4194.

Tandlianwala Sugar Mills Quarterly Data

Book Value per Share CPI Adj_Book
201403 28.668 99.695 37.216
201406 28.865 100.560 37.149
201409 37.667 100.428 48.541
201412 29.352 99.070 38.344
201503 30.663 99.621 39.835
201506 34.158 100.684 43.907
201509 41.429 100.392 53.408
201512 42.451 99.792 55.054
201603 45.168 100.470 58.182
201606 0.000 101.688 0.000
201609 48.679 101.861 61.849
201612 50.937 101.863 64.717
201703 52.400 102.862 65.929
201706 50.494 103.349 63.231
201709 52.504 104.136 65.252
201712 54.098 104.011 67.313
201803 51.365 105.290 63.137
201806 54.556 106.317 66.411
201809 59.073 106.507 71.781
201812 65.917 105.998 80.482
201903 83.652 107.251 100.943
201906 84.746 108.070 101.488
201909 84.933 108.329 101.468
201912 86.185 108.420 102.878
202003 82.417 108.902 97.945
202006 80.777 108.767 96.114
202009 83.651 109.815 98.585
202012 86.828 109.897 102.253
202103 75.686 111.754 87.650
202106 77.223 114.631 87.185
202109 89.728 115.734 100.338
202112 91.499 117.630 100.670
202203 95.466 121.301 101.855
202206 96.348 125.017 99.741
202209 94.014 125.227 97.162
202212 96.571 125.222 99.808
202303 104.903 127.348 106.609
202306 105.484 128.729 106.050
202309 107.031 129.860 106.668
202312 109.871 129.419 109.871

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.


Tandlianwala Sugar Mills  (KAR:TSML) 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.


Tandlianwala Sugar Mills Cyclically Adjusted PB Ratio Related Terms

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Tandlianwala Sugar Mills (KAR:TSML) Business Description

Traded in Other Exchanges
N/A
Address
66-L, Gulberg-II, Lahore, PB, PAK, 54660
Tandlianwala Sugar Mills Ltd is engaged in the production and sale of white crystalline Sugar, Ethanol, and Carbon Dioxide.

Tandlianwala Sugar Mills (KAR:TSML) Headlines

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