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MVL (BOM:532991) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is MVL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MVL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MVL'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.

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MVL Cyclically Adjusted PB Ratio Chart

MVL Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PB Ratio
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MVL Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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Competitive Comparison of MVL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, MVL'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.


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

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

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



MVL 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.

MVL's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar18 is calculated as:

For example, MVL's adjusted Book Value per Share data for the fiscal year that ended in Mar18 was:

Adj_Book=Book Value per Share/CPI of Mar18 (Change)*Current CPI (Mar18)
=2.705/109.7864*109.7864
=2.705

Current CPI (Mar18) = 109.7864.

MVL Annual Data

Book Value per Share CPI Adj_Book
200812 1.649 56.232 3.219
200912 2.269 64.648 3.853
201012 2.558 70.768 3.968
201112 2.523 75.359 3.676
201303 2.684 85.687 3.439
201403 2.821 91.425 3.388
201503 2.828 97.163 3.195
201603 2.756 102.518 2.951
201703 2.722 105.196 2.841
201803 2.705 109.786 2.705

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.


MVL  (BOM:532991) 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.


MVL Cyclically Adjusted PB Ratio Related Terms

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MVL (BOM:532991) Business Description

Industry
Traded in Other Exchanges
N/A
Address
MVL iPark, 6th Floor,Near Red Cross Society, Chandan Nagar, Sector-15 (II), Gurgaon, HR, IND, 122001
MVL Ltd operates as a diversified real estate company in India. The firm engages in the development of real estate properties. Its developments involve residential, commercial, township, and retail sectors. Its projects include MVL Residential, MVL Coral, MVL IndiHomes, MVL Rivercity, and MVL iPark.

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