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Indowind Energy (BOM:532894) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 14, 2024)


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What is Indowind Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Indowind Energy's current share price is ₹25.07. Indowind Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹27.00. Indowind Energy's Cyclically Adjusted PB Ratio for today is 0.93.

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

BOM:532894' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.79   Max: 0.93
Current: 0.83

During the past years, Indowind Energy's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.50. And the median was 0.79.

BOM:532894's Cyclically Adjusted PB Ratio is ranked better than
61.45% of 275 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.25 vs BOM:532894: 0.83

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.

Indowind Energy's adjusted book value per share data for the three months ended in Mar. 2024 was ₹22.096. 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 ₹27.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indowind Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indowind Energy'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.

Indowind Energy Cyclically Adjusted PB Ratio Chart

Indowind Energy 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 - - - - 0.73

Indowind Energy 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 - - 0.50 - 0.73

Competitive Comparison of Indowind Energy's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Indowind Energy'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.


Indowind Energy's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Indowind Energy 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.

Indowind Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.07/27
=0.93

* 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.

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

For example, Indowind Energy'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)
=22.096/153.0345*153.0345
=22.096

Current CPI (Mar. 2024) = 153.0345.

Indowind Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 17.774 96.780 28.105
201412 0.000 96.780 0.000
201503 17.736 97.163 27.935
201506 0.000 99.841 0.000
201509 17.795 101.753 26.763
201512 0.000 102.901 0.000
201603 24.448 102.518 36.495
201606 0.000 105.961 0.000
201609 18.055 105.961 26.076
201612 0.000 105.196 0.000
201703 18.036 105.196 26.238
201706 0.000 107.109 0.000
201709 23.501 109.021 32.989
201712 0.000 109.404 0.000
201803 22.028 109.786 30.705
201806 0.000 111.317 0.000
201809 21.282 115.142 28.286
201812 0.000 115.142 0.000
201903 20.820 118.202 26.955
201906 0.000 120.880 0.000
201909 20.945 123.175 26.022
201912 0.000 126.235 0.000
202003 20.826 124.705 25.557
202006 0.000 127.000 0.000
202009 20.659 130.118 24.298
202012 0.000 130.889 0.000
202103 23.757 131.771 27.591
202106 0.000 134.084 0.000
202109 23.901 135.847 26.925
202112 0.000 138.161 0.000
202203 23.938 138.822 26.389
202206 0.000 142.347 0.000
202209 24.590 144.661 26.013
202212 0.000 145.763 0.000
202303 21.441 146.865 22.342
202306 0.000 150.280 0.000
202309 22.035 151.492 22.259
202312 0.000 152.924 0.000
202403 22.096 153.035 22.096

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.


Indowind Energy  (BOM:532894) 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.


Indowind Energy Cyclically Adjusted PB Ratio Related Terms

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


Indowind Energy (BOM:532894) Business Description

Traded in Other Exchanges
Address
114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600034
Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.

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