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Indiabulls Real Estate (BOM:532832) Cyclically Adjusted PB Ratio : 1.37 (As of May. 28, 2024)


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What is Indiabulls Real Estate Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Indiabulls Real Estate's current share price is ₹137.60. Indiabulls Real Estate's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹100.15. Indiabulls Real Estate's Cyclically Adjusted PB Ratio for today is 1.37.

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

BOM:532832' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.67   Max: 1.38
Current: 1.38

During the past years, Indiabulls Real Estate's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.25. And the median was 0.67.

BOM:532832's Cyclically Adjusted PB Ratio is ranked worse than
75.47% of 1341 companies
in the Real Estate industry
Industry Median: 0.69 vs BOM:532832: 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.

Indiabulls Real Estate's adjusted book value per share data for the three months ended in Mar. 2024 was ₹50.888. 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 ₹100.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indiabulls Real Estate Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indiabulls Real Estate'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.

Indiabulls Real Estate Cyclically Adjusted PB Ratio Chart

Indiabulls Real Estate 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 - 0.48 0.79 0.42 1.16

Indiabulls Real Estate 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 0.42 - 0.76 - 1.16

Competitive Comparison of Indiabulls Real Estate's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Indiabulls Real Estate'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.


Indiabulls Real Estate's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Indiabulls Real Estate's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indiabulls Real Estate 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.

Indiabulls Real Estate's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=137.60/100.15
=1.37

* 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.

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

For example, Indiabulls Real Estate'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)
=50.888/153.0345*153.0345
=50.888

Current CPI (Mar. 2024) = 153.0345.

Indiabulls Real Estate Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 163.767 96.780 258.957
201412 0.000 96.780 0.000
201503 73.590 97.163 115.906
201506 0.000 99.841 0.000
201509 163.232 101.753 245.497
201512 0.000 102.901 0.000
201603 86.494 102.518 129.114
201606 0.000 105.961 0.000
201609 88.234 105.961 127.432
201612 0.000 105.196 0.000
201703 12.173 105.196 17.709
201706 0.000 107.109 0.000
201709 109.317 109.021 153.449
201712 0.000 109.404 0.000
201803 62.044 109.786 86.485
201806 0.000 111.317 0.000
201809 74.592 115.142 99.140
201812 0.000 115.142 0.000
201903 65.459 118.202 84.749
201906 0.000 120.880 0.000
201909 68.645 123.175 85.286
201912 0.000 126.235 0.000
202003 68.907 124.705 84.561
202006 0.000 127.000 0.000
202009 63.802 130.118 75.039
202012 0.000 130.889 0.000
202103 67.707 131.771 78.633
202106 0.000 134.084 0.000
202109 68.003 135.847 76.607
202112 67.509 138.161 74.777
202203 66.002 138.822 72.759
202206 0.000 142.347 0.000
202209 70.977 144.661 75.085
202212 0.000 145.763 0.000
202303 59.708 146.865 62.216
202306 0.000 150.280 0.000
202309 48.411 151.492 48.904
202312 0.000 152.924 0.000
202403 50.888 153.035 50.888

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.


Indiabulls Real Estate  (BOM:532832) 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.


Indiabulls Real Estate Cyclically Adjusted PB Ratio Related Terms

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


Indiabulls Real Estate (BOM:532832) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

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