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Sagardeep Alloys (NSE:SAGARDEEP) Cyclically Adjusted PB Ratio : 1.64 (As of Apr. 27, 2024)


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What is Sagardeep Alloys Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Sagardeep Alloys's current share price is ₹26.55. Sagardeep Alloys's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹16.14. Sagardeep Alloys's Cyclically Adjusted PB Ratio for today is 1.64.

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

NSE:SAGARDEEP's Cyclically Adjusted PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.855
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Sagardeep Alloys's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹15.758. 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 ₹16.14 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sagardeep Alloys Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sagardeep Alloys'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.

Sagardeep Alloys Cyclically Adjusted PB Ratio Chart

Sagardeep Alloys Annual Data
Trend Mar11 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 - - - - 1.25

Sagardeep Alloys Quarterly Data
Sep16 Mar17 Mar18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 - - - - 1.25

Competitive Comparison of Sagardeep Alloys's Cyclically Adjusted PB Ratio

For the Copper subindustry, Sagardeep Alloys'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.


Sagardeep Alloys's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sagardeep Alloys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sagardeep Alloys 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.

Sagardeep Alloys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.55/16.14
=1.64

* 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.

Sagardeep Alloys's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Sagardeep Alloys's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=15.758/146.8646*146.8646
=15.758

Current CPI (Mar23) = 146.8646.

Sagardeep Alloys Annual Data

Book Value per Share CPI Adj_Book
201103 3.085 70.768 6.402
201503 9.797 97.163 14.808
201603 9.977 102.518 14.293
201703 14.418 105.196 20.129
201803 14.715 109.786 19.685
201903 14.881 118.202 18.489
202003 15.901 124.705 18.727
202103 15.105 131.771 16.835
202203 15.426 138.822 16.320
202303 15.758 146.865 15.758

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.


Sagardeep Alloys  (NSE:SAGARDEEP) 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.


Sagardeep Alloys Cyclically Adjusted PB Ratio Related Terms

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


Sagardeep Alloys (NSE:SAGARDEEP) Business Description

Traded in Other Exchanges
N/A
Address
Khatraj Road, Plot number 2070, Rajnagar Patia, Santej, Santej Kalol, Gandhinagar, GJ, IND, 382721
Sagardeep Alloys Ltd manufactures basic precious and non-ferrous alloys. It is also a wholesaler of metal and metal ores. It is engaged in the manufacturing and trading of copper and brass products such as pipes and tubes and the trading of stainless steel, copper, brass, and other metal product. Its product offering consists of Gilding Metal, Commercial Bronze, Red Brass, Low Brass, Cartridge Brass, Yellow Brass, Muntz Metal, Cupro Nickel Tubes and Pipe, Cupro Nickel Rods, Stainless Steel Scrap Grades, Stainless Steel Pipes and Tubes, Stainless Steel Sheets / Plates, Stainless Steel Coils, Stainless Steel Bars, Copper Pipes and Tubes, Copper Flats, Copper Coils, Copper Rod, Copper Anodes / Nuggets, Copper Plates, Oxygen Free Copper.

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