GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TVS Motor Co Ltd (NSE:TVSMOTOR) » Definitions » Cyclically Adjusted PB Ratio

TVS Motor Co (NSE:TVSMOTOR) Cyclically Adjusted PB Ratio : 27.44 (As of Jun. 24, 2024)


View and export this data going back to 2000. Start your Free Trial

What is TVS Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-06-24), TVS Motor Co's current share price is ₹2435.40. TVS Motor Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹88.74. TVS Motor Co's Cyclically Adjusted PB Ratio for today is 27.44.

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

NSE:TVSMOTOR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.5   Med: 11.77   Max: 28.21
Current: 27.44

During the past 13 years, TVS Motor Co's highest Cyclically Adjusted PB Ratio was 28.21. The lowest was 5.50. And the median was 11.77.

NSE:TVSMOTOR's Cyclically Adjusted PB Ratio is ranked worse than
98.41% of 1008 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs NSE:TVSMOTOR: 27.44

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.

TVS Motor Co's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹142.785. 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 ₹88.74 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


TVS Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TVS Motor Co'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.

TVS Motor Co Cyclically Adjusted PB Ratio Chart

TVS Motor Co 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 6.46 10.85 9.88 14.30 24.25

TVS Motor Co 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 14.30 - - - 24.25

Competitive Comparison of TVS Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, TVS Motor Co'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.


TVS Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where TVS Motor Co's Cyclically Adjusted PB Ratio falls into.



TVS Motor Co 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.

TVS Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2435.40/88.74
=27.44

* 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.

TVS Motor Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, TVS Motor Co's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=142.785/153.0345*153.0345
=142.785

Current CPI (Mar24) = 153.0345.

TVS Motor Co Annual Data

Book Value per Share CPI Adj_Book
201503 33.830 97.163 53.283
201603 38.277 102.518 57.138
201703 46.645 105.196 67.857
201803 56.352 109.786 78.551
201903 66.728 118.202 86.392
202003 69.084 124.705 84.778
202103 80.545 131.771 93.543
202203 92.603 138.822 102.084
202303 115.874 146.865 120.742
202403 142.785 153.035 142.785

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.


TVS Motor Co  (NSE:TVSMOTOR) 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.


TVS Motor Co Cyclically Adjusted PB Ratio Related Terms

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


TVS Motor Co (NSE:TVSMOTOR) Business Description

Traded in Other Exchanges
Address
No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600 006
TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's operating divisions are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts division.

TVS Motor Co (NSE:TVSMOTOR) Headlines

No Headlines