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Vardhman Textiles (NSE:VTL) Cyclically Adjusted PB Ratio : 1.81 (As of Jun. 02, 2025)


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What is Vardhman Textiles Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Vardhman Textiles's current share price is ₹493.20. Vardhman Textiles's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹271.90. Vardhman Textiles's Cyclically Adjusted PB Ratio for today is 1.81.

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

NSE:VTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.74   Max: 2.64
Current: 1.81

During the past years, Vardhman Textiles's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 1.34. And the median was 1.74.

NSE:VTL's Cyclically Adjusted PB Ratio is ranked worse than
68.45% of 729 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs NSE:VTL: 1.81

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.

Vardhman Textiles's adjusted book value per share data for the three months ended in Mar. 2025 was ₹342.216. 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 ₹271.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vardhman Textiles Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vardhman Textiles'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.

Vardhman Textiles Cyclically Adjusted PB Ratio Chart

Vardhman Textiles Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.35 1.34 1.75 1.45

Vardhman Textiles Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.75 - 1.78 - 1.45

Competitive Comparison of Vardhman Textiles's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Vardhman Textiles'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.


Vardhman Textiles's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Textiles's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Vardhman Textiles 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.

Vardhman Textiles's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=493.20/271.90
=1.81

* 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.

Vardhman Textiles's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Vardhman Textiles's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=342.216/157.5517*157.5517
=342.216

Current CPI (Mar. 2025) = 157.5517.

Vardhman Textiles Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 113.383 101.753 175.559
201512 0.000 102.901 0.000
201603 127.960 102.518 196.651
201606 0.000 105.961 0.000
201609 166.762 105.961 247.955
201612 0.000 105.196 0.000
201703 155.658 105.196 233.128
201706 0.000 107.109 0.000
201709 158.368 109.021 228.865
201712 0.000 109.404 0.000
201803 172.502 109.786 247.553
201806 0.000 111.317 0.000
201809 181.222 115.142 247.971
201812 0.000 115.142 0.000
201903 198.018 118.202 263.938
201906 0.000 120.880 0.000
201909 198.486 123.175 253.881
201912 0.000 126.235 0.000
202003 214.027 124.705 270.400
202006 0.000 127.000 0.000
202009 210.196 130.118 254.513
202012 0.000 130.889 0.000
202103 228.726 131.771 273.477
202106 0.000 134.084 0.000
202109 253.199 135.847 293.653
202112 0.000 138.161 0.000
202203 266.692 138.822 302.674
202206 0.000 142.347 0.000
202209 285.030 144.661 310.429
202212 0.000 145.763 0.000
202303 296.183 146.865 317.736
202306 0.000 150.280 0.000
202309 305.557 151.492 317.779
202312 0.000 152.924 0.000
202403 314.693 153.035 323.982
202406 0.000 155.789 0.000
202409 325.947 157.882 325.265
202412 0.000 158.323 0.000
202503 342.216 157.552 342.216

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.


Vardhman Textiles  (NSE:VTL) 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.


Vardhman Textiles Cyclically Adjusted PB Ratio Related Terms

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


Vardhman Textiles Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company is based in India and generates about a quarter of revenue internationally. The company's largest revenue segment is textiles, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. Vardhman Textiles provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, the company offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries.

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