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Raunaq International (BOM:537840) Cyclically Adjusted PB Ratio : 0.37 (As of May. 22, 2024)


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What is Raunaq International Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Raunaq International's current share price is ₹41.44. Raunaq International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹113.19. Raunaq International's Cyclically Adjusted PB Ratio for today is 0.37.

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

BOM:537840' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.17   Max: 0.37
Current: 0.37

During the past 11 years, Raunaq International's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.15. And the median was 0.17.

BOM:537840's Cyclically Adjusted PB Ratio is ranked better than
85.22% of 1204 companies
in the Construction industry
Industry Median: 1.12 vs BOM:537840: 0.37

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.

Raunaq International's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹22.632. 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 ₹113.19 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raunaq International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Raunaq International'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.

Raunaq International Cyclically Adjusted PB Ratio Chart

Raunaq International 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 - - - 0.16 0.22

Raunaq International 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 - 0.22 - - -

Competitive Comparison of Raunaq International's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Raunaq International'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.


Raunaq International's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raunaq International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Raunaq International 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.

Raunaq International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.44/113.19
=0.37

* 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.

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

For example, Raunaq International'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)
=22.632/146.8646*146.8646
=22.632

Current CPI (Mar23) = 146.8646.

Raunaq International Annual Data

Book Value per Share CPI Adj_Book
201403 101.071 91.425 162.360
201503 106.542 97.163 161.041
201603 125.082 102.518 179.189
201703 126.957 105.196 177.245
201803 123.150 109.786 164.741
201903 109.835 118.202 136.469
202003 45.037 124.705 53.040
202103 39.464 131.771 43.985
202203 29.523 138.822 31.233
202303 22.632 146.865 22.632

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.


Raunaq International  (BOM:537840) 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.


Raunaq International Cyclically Adjusted PB Ratio Related Terms

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Raunaq International (BOM:537840) Business Description

Traded in Other Exchanges
N/A
Address
20 k.M. Mathura Road, P.O. Box 353, P.O. Amar Nagar, Faridabad, HR, IND, 121 003
Raunaq International Ltd formerly Raunaq EPC International Ltd is engaged in the engineering contracting business. Its services include Detailed Engineering; Procurement, Inspection and Supply; Quality Assurance; Testing and Commissioning, and others.

Raunaq International (BOM:537840) Headlines

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