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Titan Co (Titan Co) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Titan Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Titan 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.

Titan Co Cyclically Adjusted PB Ratio Chart

Titan 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 - - - 41.96 49.54

Titan 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 41.96 - 45.28 - 49.54

Competitive Comparison of Titan Co's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Titan 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.


Titan Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Titan 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.

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

For example, Titan Co'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)
=2.547/153.0345*153.0345
=2.547

Current CPI (Mar. 2024) = 153.0345.

Titan Co Quarterly Data

Book Value per Share CPI Adj_Book
200903 0.246 56.615 0.665
201003 0.363 65.030 0.854
201103 0.519 70.768 1.122
201203 0.653 76.889 1.300
201303 0.815 85.687 1.456
201403 0.932 91.425 1.560
201503 1.112 97.163 1.751
201603 1.181 102.518 1.763
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 1.449 105.196 2.108
201706 0.000 107.109 0.000
201709 1.552 109.021 2.179
201712 0.000 109.404 0.000
201803 1.763 109.786 2.457
201806 0.000 111.317 0.000
201809 1.679 115.142 2.232
201812 0.000 115.142 0.000
201903 1.966 118.202 2.545
201906 0.000 120.880 0.000
201909 1.915 123.175 2.379
201912 0.000 126.235 0.000
202003 2.014 124.705 2.472
202006 0.000 127.000 0.000
202009 1.948 130.118 2.291
202012 0.000 130.889 0.000
202103 2.317 131.771 2.691
202106 0.000 134.084 0.000
202109 2.377 135.847 2.678
202112 0.000 138.161 0.000
202203 2.748 138.822 3.029
202206 0.000 142.347 0.000
202209 2.868 144.661 3.034
202212 0.000 145.763 0.000
202303 3.242 146.865 3.378
202306 0.000 150.280 0.000
202309 3.362 151.492 3.396
202312 0.000 152.924 0.000
202403 2.547 153.035 2.547

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.


Titan Co  (GREY:TQTQY) 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.


Titan Co Cyclically Adjusted PB Ratio Related Terms

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


Titan Co (Titan Co) Business Description

Traded in Other Exchanges
Address
Off Hosur Main Road, INTEGRITY No. 193, Electronics City P.O., Veerasandra, Bangalore, KA, IND, 560100
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.

Titan Co (Titan Co) Headlines

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