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Vaibhav Global (NSE:VAIBHAVGBL) Cyclically Adjusted PB Ratio : 6.13 (As of Jun. 20, 2024)


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What is Vaibhav Global Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Vaibhav Global's current share price is ₹325.60. Vaibhav Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹53.15. Vaibhav Global's Cyclically Adjusted PB Ratio for today is 6.13.

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

NSE:VAIBHAVGBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.83   Med: 7.73   Max: 12.07
Current: 6.25

During the past years, Vaibhav Global's highest Cyclically Adjusted PB Ratio was 12.07. The lowest was 5.83. And the median was 7.73.

NSE:VAIBHAVGBL's Cyclically Adjusted PB Ratio is ranked worse than
89.77% of 772 companies
in the Retail - Cyclical industry
Industry Median: 1.13 vs NSE:VAIBHAVGBL: 6.25

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.

Vaibhav Global's adjusted book value per share data for the three months ended in Mar. 2024 was ₹75.976. 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 ₹53.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vaibhav Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vaibhav Global'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.

Vaibhav Global Cyclically Adjusted PB Ratio Chart

Vaibhav Global 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 - - 8.97 5.83 6.85

Vaibhav Global 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 5.83 - 8.76 - 6.85

Competitive Comparison of Vaibhav Global's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Vaibhav Global'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.


Vaibhav Global's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Vaibhav Global 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.

Vaibhav Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=325.60/53.15
=6.13

* 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.

Vaibhav Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vaibhav Global's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=75.976/153.0345*153.0345
=75.976

Current CPI (Mar. 2024) = 153.0345.

Vaibhav Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 23.567 96.780 37.265
201412 0.000 96.780 0.000
201503 20.241 97.163 31.880
201506 23.421 99.841 35.899
201509 24.202 101.753 36.399
201512 22.039 102.901 32.776
201603 23.293 102.518 34.771
201606 0.000 105.961 0.000
201609 23.492 105.961 33.928
201612 0.000 105.196 0.000
201703 26.694 105.196 38.833
201706 0.000 107.109 0.000
201709 28.961 109.021 40.653
201712 0.000 109.404 0.000
201803 33.768 109.786 47.070
201806 0.000 111.317 0.000
201809 38.995 115.142 51.828
201812 0.000 115.142 0.000
201903 42.659 118.202 55.230
201906 0.000 120.880 0.000
201909 44.859 123.175 55.734
201912 0.000 126.235 0.000
202003 46.557 124.705 57.133
202006 0.000 127.000 0.000
202009 51.989 130.118 61.145
202012 0.000 130.889 0.000
202103 59.246 131.771 68.807
202106 0.000 134.084 0.000
202109 65.447 135.847 73.727
202112 0.000 138.161 0.000
202203 68.790 138.822 75.833
202206 0.000 142.347 0.000
202209 69.743 144.661 73.780
202212 0.000 145.763 0.000
202303 72.858 146.865 75.919
202306 0.000 150.280 0.000
202309 73.978 151.492 74.731
202312 0.000 152.924 0.000
202403 75.976 153.035 75.976

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.


Vaibhav Global  (NSE:VAIBHAVGBL) 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.


Vaibhav Global Cyclically Adjusted PB Ratio Related Terms

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


Vaibhav Global (NSE:VAIBHAVGBL) Business Description

Traded in Other Exchanges
Address
E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, and Other Countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing/ trading and retail of fashion and lifestyle products.

Vaibhav Global (NSE:VAIBHAVGBL) Headlines

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