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ITD Cementation India (BOM:509496) Cyclically Adjusted PB Ratio : 6.41 (As of Jun. 04, 2024)


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What is ITD Cementation India Cyclically Adjusted PB Ratio?

As of today (2024-06-04), ITD Cementation India's current share price is ₹421.70. ITD Cementation India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹65.75. ITD Cementation India's Cyclically Adjusted PB Ratio for today is 6.41.

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

BOM:509496' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.1   Max: 6.11
Current: 6.11

During the past years, ITD Cementation India's highest Cyclically Adjusted PB Ratio was 6.11. The lowest was 0.95. And the median was 2.10.

BOM:509496's Cyclically Adjusted PB Ratio is ranked worse than
92.66% of 1239 companies
in the Construction industry
Industry Median: 1.13 vs BOM:509496: 6.11

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.

ITD Cementation India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹86.950. 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 ₹65.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITD Cementation India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ITD Cementation India'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.

ITD Cementation India Cyclically Adjusted PB Ratio Chart

ITD Cementation India Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.04 1.71 5.08

ITD Cementation India 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 1.71 - 3.39 - 5.08

Competitive Comparison of ITD Cementation India's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, ITD Cementation India'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.


ITD Cementation India's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ITD Cementation India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ITD Cementation India's Cyclically Adjusted PB Ratio falls into.



ITD Cementation India 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.

ITD Cementation India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=421.70/65.75
=6.41

* 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.

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

For example, ITD Cementation India'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)
=86.95/153.0345*153.0345
=86.950

Current CPI (Mar. 2024) = 153.0345.

ITD Cementation India Quarterly Data

Book Value per Share CPI Adj_Book
201312 35.465 91.425 59.364
201403 0.000 91.425 0.000
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 36.596 96.780 57.868
201503 0.000 97.163 0.000
201506 30.550 99.841 46.827
201509 0.000 101.753 0.000
201512 32.393 102.901 48.175
201603 0.000 102.518 0.000
201606 34.574 105.961 49.934
201609 0.000 105.961 0.000
201612 35.578 105.196 51.757
201703 0.000 105.196 0.000
201706 37.332 107.109 53.339
201709 0.000 109.021 0.000
201712 39.784 109.404 55.650
201803 0.000 109.786 0.000
201806 58.047 111.317 79.801
201809 0.000 115.142 0.000
201906 0.000 120.880 0.000
201909 61.139 123.175 75.960
201912 0.000 126.235 0.000
202003 61.273 124.705 75.192
202006 0.000 127.000 0.000
202009 57.071 130.118 67.122
202012 0.000 130.889 0.000
202103 62.035 131.771 72.046
202106 0.000 134.084 0.000
202109 63.891 135.847 71.975
202112 0.000 138.161 0.000
202203 65.847 138.822 72.588
202206 0.000 142.347 0.000
202209 67.698 144.661 71.617
202212 0.000 145.763 0.000
202303 72.037 146.865 75.063
202306 0.000 150.280 0.000
202309 77.167 151.492 77.953
202312 0.000 152.924 0.000
202403 86.950 153.035 86.950

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.


ITD Cementation India  (BOM:509496) 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.


ITD Cementation India Cyclically Adjusted PB Ratio Related Terms

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


ITD Cementation India (BOM:509496) Business Description

Traded in Other Exchanges
Address
Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072
ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports, and construction of ship lift and among others.

ITD Cementation India (BOM:509496) Headlines

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