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Sylph Technologies (BOM:511447) Cyclically Adjusted PB Ratio : 1.35 (As of Jun. 06, 2024)


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What is Sylph Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Sylph Technologies's current share price is ₹1.92. Sylph Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹1.42. Sylph Technologies's Cyclically Adjusted PB Ratio for today is 1.35.

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

BOM:511447' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.12   Max: 2.64
Current: 1.43

During the past years, Sylph Technologies's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 1.43. And the median was 2.12.

BOM:511447's Cyclically Adjusted PB Ratio is ranked better than
69.65% of 1407 companies
in the Software industry
Industry Median: 2.57 vs BOM:511447: 1.43

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.

Sylph Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was ₹2.258. 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 ₹1.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sylph Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sylph Technologies'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.

Sylph Technologies Cyclically Adjusted PB Ratio Chart

Sylph Technologies 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 - - - - 1.90

Sylph Technologies 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 - - 2.51 - 1.90

Competitive Comparison of Sylph Technologies's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Sylph Technologies'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.


Sylph Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sylph Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sylph Technologies 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.

Sylph Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.92/1.42
=1.35

* 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.

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

For example, Sylph Technologies'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)
=2.258/153.0345*153.0345
=2.258

Current CPI (Mar. 2024) = 153.0345.

Sylph Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201006 1.074 66.560 2.469
201106 1.033 72.298 2.187
201112 0.000 75.359 0.000
201203 0.000 76.889 0.000
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 0.823 85.687 1.470
201306 0.000 88.365 0.000
201309 1.059 91.042 1.780
201312 0.000 91.425 0.000
201403 1.045 91.425 1.749
201503 1.703 97.163 2.682
201603 0.858 102.518 1.281
201703 0.851 105.196 1.238
201803 0.862 109.786 1.202
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.865 118.202 1.120
201906 0.000 120.880 0.000
201909 0.863 123.175 1.072
201912 0.000 126.235 0.000
202003 0.862 124.705 1.058
202006 0.000 127.000 0.000
202009 0.868 130.118 1.021
202012 0.000 130.889 0.000
202103 0.862 131.771 1.001
202106 0.000 134.084 0.000
202109 0.877 135.847 0.988
202112 0.000 138.161 0.000
202203 0.900 138.822 0.992
202206 0.000 142.347 0.000
202209 0.919 144.661 0.972
202212 0.000 145.763 0.000
202303 0.942 146.865 0.982
202306 0.000 150.280 0.000
202309 0.947 151.492 0.957
202312 0.000 152.924 0.000
202403 2.258 153.035 2.258

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.


Sylph Technologies  (BOM:511447) 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.


Sylph Technologies Cyclically Adjusted PB Ratio Related Terms

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


Sylph Technologies (BOM:511447) Business Description

Traded in Other Exchanges
N/A
Address
51 M G Road, 201 E Johari Palace, Tukoganj, Indore, MP, IND, 452001
Sylph Technologies Ltd is an India-based company. It is engaged in providing offshore outsourcing, software development outsourcing, custom application development, outsourced product development, e-commerce, and wireless and mobile solutions. The operating segment of the company is Information Technology, Education, Printing and Publishing Newspapers, and Trading of Solar Power Plant. The firm is also engaged in providing BPO Service & KPO Service and providing services in the field of Accounting, Income tax, Service Tax, VAT, CST, GST, Custom Duty and other duties and taxes, Auditing, Corporate Services, Company law matters, Financial & Legal Consultancy and Tax Management.

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