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A F Enterprises (BOM:538351) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is A F Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


A F Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A F Enterprises'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.

A F Enterprises Cyclically Adjusted PB Ratio Chart

A F Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.13

A F Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.13 - 0.37 -

Competitive Comparison of A F Enterprises's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, A F Enterprises'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.


A F Enterprises's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, A F Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where A F Enterprises's Cyclically Adjusted PB Ratio falls into.



A F Enterprises 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.

A F Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, A F Enterprises's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

A F Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.061 91.425 11.836
201406 0.000 94.103 0.000
201409 7.096 96.780 11.237
201412 0.000 96.780 0.000
201503 7.146 97.163 11.271
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 7.234 102.518 10.814
201606 0.000 105.961 0.000
201609 6.706 105.961 9.699
201612 0.000 105.196 0.000
201703 10.315 105.196 15.027
201706 0.000 107.109 0.000
201709 5.356 109.021 7.529
201712 0.000 109.404 0.000
201803 4.306 109.786 6.011
201806 0.000 111.317 0.000
201809 5.921 115.142 7.881
201812 0.000 115.142 0.000
201903 5.575 118.202 7.228
201906 0.000 120.880 0.000
201909 16.537 123.175 20.575
201912 0.000 126.235 0.000
202003 9.905 124.705 12.173
202006 0.000 127.000 0.000
202009 5.244 130.118 6.176
202012 0.000 130.889 0.000
202103 11.296 131.771 13.138
202106 0.000 134.084 0.000
202109 11.086 135.847 12.507
202112 0.000 138.161 0.000
202203 14.326 138.822 15.815
202206 0.000 142.347 0.000
202209 25.848 144.661 27.384
202212 0.000 145.763 0.000
202303 23.473 146.865 24.494
202306 0.000 150.280 0.000
202309 23.341 151.492 23.613
202312 0.000 153.255 0.000

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.


A F Enterprises  (BOM:538351) 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.


A F Enterprises Cyclically Adjusted PB Ratio Related Terms

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A F Enterprises (BOM:538351) Business Description

Traded in Other Exchanges
N/A
Address
Main Mathura Road, Plot No. 8, Sector-5, Ballabgarh, Faridabad, HR, IND, 121006
A F Enterprises Ltd is an Indian based company engaged in the manufacturing of plastic molded components. The company also provides IT services such as GIS consulting, GIS development, and Map making services. The company operates in five business segments that include Shares & securities, Rough emeralds, Fabrics, Glasses, software services, and plastic molded components. The majority of revenue is generated from software services.

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