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Dhenu Buildcon Infra (BOM:501945) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is Dhenu Buildcon Infra Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhenu Buildcon Infra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dhenu Buildcon Infra'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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Dhenu Buildcon Infra Cyclically Adjusted PB Ratio Chart

Dhenu Buildcon Infra 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 - - 0.44 0.38 0.40

Dhenu Buildcon Infra 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 - 0.40 - 0.43 -

Competitive Comparison of Dhenu Buildcon Infra's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Dhenu Buildcon Infra'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.


Dhenu Buildcon Infra's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Dhenu Buildcon Infra's Cyclically Adjusted PB Ratio falls into.



Dhenu Buildcon Infra 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.

Dhenu Buildcon Infra's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dhenu Buildcon Infra'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.

Dhenu Buildcon Infra Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.612 91.425 9.407
201406 0.000 94.103 0.000
201409 5.631 96.780 8.917
201412 0.000 96.780 0.000
201503 5.613 97.163 8.853
201506 0.000 99.841 0.000
201509 5.622 101.753 8.468
201512 0.000 102.901 0.000
201603 3.834 102.518 5.731
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 5.047 105.196 7.353
201706 0.000 107.109 0.000
201709 2.556 109.021 3.593
201712 0.000 109.404 0.000
201803 2.555 109.786 3.567
201806 0.000 111.317 0.000
201809 2.438 115.142 3.245
201812 0.000 115.142 0.000
201903 2.272 118.202 2.946
201906 0.000 120.880 0.000
201909 2.240 123.175 2.787
201912 0.000 126.235 0.000
202003 2.276 124.705 2.797
202006 0.000 127.000 0.000
202009 2.242 130.118 2.641
202012 0.000 130.889 0.000
202103 1.860 131.771 2.163
202106 0.000 134.084 0.000
202109 1.849 135.847 2.086
202112 0.000 138.161 0.000
202203 1.631 138.822 1.801
202206 0.000 142.347 0.000
202209 1.617 144.661 1.713
202212 0.000 145.763 0.000
202303 1.657 146.865 1.729
202306 0.000 150.280 0.000
202309 1.624 151.492 1.643
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.


Dhenu Buildcon Infra  (BOM:501945) 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.


Dhenu Buildcon Infra Cyclically Adjusted PB Ratio Related Terms

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Dhenu Buildcon Infra (BOM:501945) Business Description

Traded in Other Exchanges
N/A
Address
Vahatuk Nagar, Office Number 4, Building Number 4, Amboli, Andheri (West), Mumbai, MH, IND, 400058
Dhenu Buildcon Infra Ltd is a non-banking financial company (NBFC). The firm is engaged in the business of trading and dealing in textile and textile-related goods and products. It is engaged in the wholesale of textiles, fabrics, yarn, and articles of clothing.

Dhenu Buildcon Infra (BOM:501945) Headlines

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