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PTC India (BOM:532524) Cyclically Adjusted PB Ratio : 1.38 (As of May. 26, 2024)


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What is PTC India Cyclically Adjusted PB Ratio?

As of today (2024-05-26), PTC India's current share price is ₹232.20. PTC India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹168.59. PTC India's Cyclically Adjusted PB Ratio for today is 1.38.

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

BOM:532524' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.54   Max: 1.38
Current: 1.38

During the past 13 years, PTC India's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.24. And the median was 0.54.

BOM:532524's Cyclically Adjusted PB Ratio is ranked worse than
54.37% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.22 vs BOM:532524: 1.38

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.

PTC India's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹169.547. 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 ₹168.59 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTC India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PTC 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.

PTC India Cyclically Adjusted PB Ratio Chart

PTC India 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 0.55 0.27 0.52 0.52 0.50

PTC India 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 - 0.50 - - -

Competitive Comparison of PTC India's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, PTC 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.


PTC India's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PTC India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PTC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=232.20/168.59
=1.38

* 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.

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

For example, PTC India'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)
=169.547/146.8646*146.8646
=169.547

Current CPI (Mar23) = 146.8646.

PTC India Annual Data

Book Value per Share CPI Adj_Book
201403 98.273 91.425 157.865
201503 111.548 97.163 168.608
201603 119.979 102.518 171.878
201703 130.237 105.196 181.824
201803 125.639 109.786 168.071
201903 133.845 118.202 166.301
202003 141.464 124.705 166.601
202103 149.321 131.771 166.425
202203 159.572 138.822 168.817
202303 169.547 146.865 169.547

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.


PTC India  (BOM:532524) 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.


PTC India Cyclically Adjusted PB Ratio Related Terms

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


PTC India (BOM:532524) Business Description

Traded in Other Exchanges
Address
15 Bhikaji Cama Place, 2nd Floor, NBCC Tower, New Delhi, IND, 110 066
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources and fuel related infrastructure. The company derives the majority of its revenue from India.

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