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Birlasoft (BOM:532400) Cyclically Adjusted PB Ratio : 6.17 (As of May. 28, 2024)


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What is Birlasoft Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Birlasoft's current share price is ₹635.45. Birlasoft's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹103.00. Birlasoft's Cyclically Adjusted PB Ratio for today is 6.17.

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

BOM:532400' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 3.4   Max: 7.27
Current: 6

During the past years, Birlasoft's highest Cyclically Adjusted PB Ratio was 7.27. The lowest was 0.75. And the median was 3.40.

BOM:532400's Cyclically Adjusted PB Ratio is ranked worse than
80.32% of 1357 companies
in the Software industry
Industry Median: 2.6 vs BOM:532400: 6.00

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.

Birlasoft's adjusted book value per share data for the three months ended in Mar. 2024 was ₹110.336. 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 ₹103.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Birlasoft Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Birlasoft'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.

Birlasoft Cyclically Adjusted PB Ratio Chart

Birlasoft 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 0.79 2.94 4.83 2.64 7.21

Birlasoft 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 2.64 - 4.73 - 7.21

Competitive Comparison of Birlasoft's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Birlasoft'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.


Birlasoft's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Birlasoft 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.

Birlasoft's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=635.45/103
=6.17

* 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.

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

For example, Birlasoft'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)
=110.336/153.0345*153.0345
=110.336

Current CPI (Mar. 2024) = 153.0345.

Birlasoft Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 60.517 96.780 95.693
201412 0.000 96.780 0.000
201503 68.039 97.163 107.163
201506 0.000 99.841 0.000
201509 72.445 101.753 108.956
201512 0.000 102.901 0.000
201603 70.149 102.518 104.715
201606 0.000 105.961 0.000
201609 78.327 105.961 113.124
201612 0.000 105.196 0.000
201703 84.087 105.196 122.326
201706 83.313 107.109 119.036
201709 84.325 109.021 118.368
201712 0.000 109.404 0.000
201803 91.996 109.786 128.236
201806 0.000 111.317 0.000
201809 101.117 115.142 134.394
201812 0.000 115.142 0.000
201903 62.505 118.202 80.924
201906 0.000 120.880 0.000
201909 63.470 123.175 78.856
201912 0.000 126.235 0.000
202003 68.390 124.705 83.926
202006 0.000 127.000 0.000
202009 72.400 130.118 85.151
202012 0.000 130.889 0.000
202103 78.617 131.771 91.304
202106 0.000 134.084 0.000
202109 84.298 135.847 94.963
202112 0.000 138.161 0.000
202203 92.541 138.822 102.015
202206 0.000 142.347 0.000
202209 85.769 144.661 90.734
202212 0.000 145.763 0.000
202303 89.139 146.865 92.884
202306 0.000 150.280 0.000
202309 98.922 151.492 99.929
202312 0.000 152.924 0.000
202403 110.336 153.035 110.336

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.


Birlasoft  (BOM:532400) 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.


Birlasoft Cyclically Adjusted PB Ratio Related Terms

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


Birlasoft (BOM:532400) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 35 and 36, MIDC, Phase I, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411057
Birlasoft Ltd is engaged in providing software and IT-enabled services globally. It provides software development, IT consulting, and Product Engineering solutions to its clients in Automotive and Transportation, Manufacturing, and Energy and utility verticals. The company derives its revenue from the United States of America followed by the United Kingdom and Europe; and the Rest of the world. Its segment comprises Banking, Financial Services, and Insurance; Manufacturing; Energy and Utilities; and Life Sciences.

Birlasoft (BOM:532400) Headlines

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