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Rajesh Exports (NSE:RAJESHEXPO) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


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What is Rajesh Exports Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rajesh Exports Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rajesh Exports'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.

Rajesh Exports Cyclically Adjusted PB Ratio Chart

Rajesh Exports 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 - - 2.12 2.48 1.89

Rajesh Exports Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.89 - 1.89 1.43 -

Competitive Comparison of Rajesh Exports's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Rajesh Exports'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.


Rajesh Exports's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rajesh Exports's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rajesh Exports 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.

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

For example, Rajesh Exports'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Rajesh Exports Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 91.042 0.000
201312 0.000 91.425 0.000
201403 92.884 91.425 155.365
201406 0.000 94.103 0.000
201409 102.303 96.780 161.651
201412 0.000 96.780 0.000
201503 113.854 97.163 179.194
201506 0.000 99.841 0.000
201509 148.071 101.753 222.535
201512 0.000 102.901 0.000
201603 162.000 102.518 241.652
201606 0.000 105.961 0.000
201609 182.477 105.961 263.353
201612 0.000 105.196 0.000
201703 199.286 105.196 289.704
201706 0.000 107.109 0.000
201709 220.691 109.021 309.563
201712 0.000 109.404 0.000
201803 242.994 109.786 338.473
201806 0.000 111.317 0.000
201809 288.552 115.142 383.237
201903 299.399 118.202 387.348
201906 0.000 120.880 0.000
201909 321.066 123.175 398.610
201912 0.000 126.235 0.000
202003 356.767 124.705 437.499
202006 0.000 127.000 0.000
202009 366.195 130.118 430.380
202012 0.000 130.889 0.000
202103 380.051 131.771 441.063
202106 0.000 134.084 0.000
202109 401.883 135.847 452.404
202112 0.000 138.161 0.000
202203 421.518 138.822 464.339
202206 0.000 142.347 0.000
202209 455.643 144.661 481.670
202212 0.000 145.763 0.000
202303 498.667 146.865 519.242
202309 515.549 151.492 520.423
202312 0.000 152.924 0.000

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.


Rajesh Exports  (NSE:RAJESHEXPO) 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.


Rajesh Exports Cyclically Adjusted PB Ratio Related Terms

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Rajesh Exports (NSE:RAJESHEXPO) Business Description

Traded in Other Exchanges
Address
Number 1, Brunton Road (Off M.G. Road), Opposite Old Passport Office, Bengaluru, KA, IND, 560 001
Rajesh Exports Ltd is a gold refiner and Manufacturer of all kind of Gold products. The Company export its products to various countries around the world and it also sell its products in whole sale and retail in India and also through its own retail showrooms under the brand name of SHUBH Jewellers. Rajesh Exports Ltd has setup various manufacturing facilities in India and other countries.

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