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Marvel Decor (NSE:MDL) Cyclically Adjusted PB Ratio : 4.97 (As of May. 29, 2024)


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What is Marvel Decor Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Marvel Decor's current share price is ₹118.00. Marvel Decor's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹23.72. Marvel Decor's Cyclically Adjusted PB Ratio for today is 4.97.

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

NSE:MDL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.85   Max: 5.23
Current: 5.23

During the past 11 years, Marvel Decor's highest Cyclically Adjusted PB Ratio was 5.23. The lowest was 1.26. And the median was 1.85.

NSE:MDL's Cyclically Adjusted PB Ratio is ranked worse than
86.82% of 296 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs NSE:MDL: 5.23

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.

Marvel Decor's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹27.933. 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 ₹23.72 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marvel Decor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marvel Decor'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.

Marvel Decor Cyclically Adjusted PB Ratio Chart

Marvel Decor 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 - - - 1.49 1.69

Marvel Decor Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.49 - 1.69 -

Competitive Comparison of Marvel Decor's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Marvel Decor'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.


Marvel Decor's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Marvel Decor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marvel Decor 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.

Marvel Decor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=118.00/23.72
=4.97

* 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.

Marvel Decor's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Marvel Decor'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)
=27.933/146.8646*146.8646
=27.933

Current CPI (Mar23) = 146.8646.

Marvel Decor Annual Data

Book Value per Share CPI Adj_Book
201403 5.382 91.425 8.646
201503 6.136 97.163 9.275
201603 6.627 102.518 9.494
201703 23.450 105.196 32.739
201803 23.243 109.786 31.093
201903 24.948 118.202 30.998
202003 25.662 124.705 30.222
202103 25.724 131.771 28.671
202203 26.596 138.822 28.137
202303 27.933 146.865 27.933

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.


Marvel Decor  (NSE:MDL) 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.


Marvel Decor Cyclically Adjusted PB Ratio Related Terms

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


Marvel Decor (NSE:MDL) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 210-211, GIDC Phase II, Dared, Jamnagar, GJ, IND, 361004
Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. It is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others. The Company' business is geographically segmented covers the following countries such as UK, UAE, USA, Canada, Malta, Ireland, Australia, Ghana, New Zealand, Mexico, Nigeria, Kenya, Israel, etc.

Marvel Decor (NSE:MDL) Headlines

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