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Value Industries (NSE:VALUEIND) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Value Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Value Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Value Industries'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.

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Value Industries Cyclically Adjusted PB Ratio Chart

Value Industries Annual Data
Trend Dec14 Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Value Industries Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Value Industries's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Value Industries'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.


Value Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Value Industries 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.

Value Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Value Industries's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-364.381/146.8646*146.8646
=-364.381

Current CPI (Mar. 2023) = 146.8646.

Value Industries Quarterly Data

Book Value per Share CPI Adj_Book
201306 90.643 88.365 150.651
201309 0.000 91.042 0.000
201312 82.431 91.425 132.417
201403 0.000 91.425 0.000
201406 76.316 94.103 119.105
201409 0.000 96.780 0.000
201412 71.216 96.780 108.071
201503 0.000 97.163 0.000
201506 68.377 99.841 100.582
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 112.255 102.518 160.813
201606 0.000 105.961 0.000
201609 57.028 105.961 79.042
201612 0.000 105.196 0.000
201703 96.801 105.196 135.144
201706 0.000 107.109 0.000
201709 71.914 109.021 96.877
201712 0.000 109.404 0.000
201803 -65.214 109.786 -87.239
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -135.811 118.202 -168.743
201906 0.000 120.880 0.000
201909 -150.887 123.175 -179.906
201912 0.000 126.235 0.000
202003 -189.649 124.705 -223.349
202006 0.000 127.000 0.000
202009 -204.639 130.118 -230.977
202012 0.000 130.889 0.000
202103 -250.220 131.771 -278.882
202106 0.000 134.084 0.000
202109 -185.287 135.847 -200.314
202112 0.000 138.161 0.000
202203 -304.949 138.822 -322.617
202206 0.000 142.347 0.000
202209 -332.297 144.661 -337.359
202212 0.000 145.763 0.000
202303 -364.381 146.865 -364.381

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.


Value Industries  (NSE:VALUEIND) 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.


Value Industries Cyclically Adjusted PB Ratio Related Terms

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Value Industries (NSE:VALUEIND) Business Description

Traded in Other Exchanges
N/A
Address
171-C, Jamanalal Bajaj Marg,, Plot-224, C Wing, Floor-17, Mittal Court, Nariman Point, Mumbai, MH, IND, 400021
Value Industries Ltd is engaged in manufacturing, wholesale and trading of consumer electronics and home appliances. The company is engaged in the business of manufacturing and trading of consumer electronics goods including washing machines, air conditioners, refrigerators, and other home appliances.

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