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Rane Engine Valve (NSE:RANEENGINE) Cyclically Adjusted PB Ratio : 2.01 (As of Dec. 15, 2024)


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What is Rane Engine Valve Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Rane Engine Valve's current share price is ₹439.80. Rane Engine Valve's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹218.71. Rane Engine Valve's Cyclically Adjusted PB Ratio for today is 2.01.

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

NSE:RANEENGINE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.14   Max: 2.31
Current: 2.01

During the past years, Rane Engine Valve's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.62. And the median was 1.14.

NSE:RANEENGINE's Cyclically Adjusted PB Ratio is ranked worse than
56.22% of 893 companies
in the Vehicles & Parts industry
Industry Median: 1.62 vs NSE:RANEENGINE: 2.01

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.

Rane Engine Valve's adjusted book value per share data for the three months ended in Sep. 2024 was ₹171.927. 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 ₹218.71 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rane Engine Valve Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rane Engine Valve'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.

Rane Engine Valve Cyclically Adjusted PB Ratio Chart

Rane Engine Valve 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 0.57 1.11 1.05 0.99 1.45

Rane Engine Valve Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.46 - 1.45 - 2.28

Competitive Comparison of Rane Engine Valve's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Rane Engine Valve'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.


Rane Engine Valve's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Rane Engine Valve's Cyclically Adjusted PB Ratio falls into.



Rane Engine Valve 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.

Rane Engine Valve's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=439.80/218.71
=2.01

* 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.

Rane Engine Valve's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Rane Engine Valve's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=171.927/157.8822*157.8822
=171.927

Current CPI (Sep. 2024) = 157.8822.

Rane Engine Valve Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 224.268 97.163 364.418
201506 0.000 99.841 0.000
201509 175.720 101.753 272.650
201512 0.000 102.901 0.000
201603 153.341 102.518 236.151
201606 0.000 105.961 0.000
201609 241.519 105.961 359.864
201612 0.000 105.196 0.000
201703 2.381 105.196 3.573
201706 0.000 107.109 0.000
201709 227.137 109.021 328.934
201712 0.000 109.404 0.000
201803 209.823 109.786 301.743
201806 0.000 111.317 0.000
201809 196.780 115.142 269.824
201812 0.000 115.142 0.000
201903 189.478 118.202 253.085
201906 0.000 120.880 0.000
201909 177.843 123.175 227.954
201912 0.000 126.235 0.000
202003 165.203 124.705 209.154
202006 0.000 127.000 0.000
202009 135.476 130.118 164.384
202012 0.000 130.889 0.000
202103 156.512 131.771 187.526
202106 0.000 134.084 0.000
202109 143.444 135.847 166.711
202112 0.000 138.161 0.000
202203 144.605 138.822 164.459
202206 0.000 142.347 0.000
202209 140.244 144.661 153.061
202212 0.000 145.763 0.000
202303 148.472 146.865 159.610
202306 0.000 150.280 0.000
202309 155.520 151.492 162.080
202312 0.000 152.924 0.000
202403 166.992 153.035 172.282
202406 0.000 155.789 0.000
202409 171.927 157.882 171.927

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.


Rane Engine Valve  (NSE:RANEENGINE) 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.


Rane Engine Valve Cyclically Adjusted PB Ratio Related Terms

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


Rane Engine Valve Business Description

Traded in Other Exchanges
Address
Jawaharlal Nehru Road, 2nd Floor, ESPEE IT PARK, Developed Plot No: 5 (NP), Ekkatuthangal, Guindy, Chennai, TN, IND, 600 032
Rane Engine Valve Ltd is an India-based company, which is engaged in the manufacturing and marketing of auto components for the transportation industry. The company manufactures components for the internal combustion engine industry applicable for stationary and transportation engine applications. It offers engine valves, valve guides, and tappets for passenger cars, commercial vehicles, farm tractors, stationary engines, locomotive and marine engines, and two and three-wheelers.

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