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Lex Nimble Solutions (BOM:541196) Cyclically Adjusted PB Ratio : 2.11 (As of May. 24, 2024)


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What is Lex Nimble Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Lex Nimble Solutions's current share price is ₹76.50. Lex Nimble Solutions's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹36.30. Lex Nimble Solutions's Cyclically Adjusted PB Ratio for today is 2.11.

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

BOM:541196' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.47   Max: 2.11
Current: 2.11

During the past 11 years, Lex Nimble Solutions's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 1.10. And the median was 1.47.

BOM:541196's Cyclically Adjusted PB Ratio is ranked better than
57.77% of 1352 companies
in the Software industry
Industry Median: 2.615 vs BOM:541196: 2.11

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.

Lex Nimble Solutions's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹34.551. 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 ₹36.30 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lex Nimble Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lex Nimble Solutions'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.

Lex Nimble Solutions Cyclically Adjusted PB Ratio Chart

Lex Nimble Solutions 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 - - - 1.37 1.23

Lex Nimble Solutions Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.37 - 1.23 -

Competitive Comparison of Lex Nimble Solutions's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Lex Nimble Solutions'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.


Lex Nimble Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Lex Nimble Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lex Nimble Solutions 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.

Lex Nimble Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=76.50/36.3
=2.11

* 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.

Lex Nimble Solutions's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Lex Nimble Solutions'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)
=34.551/146.8646*146.8646
=34.551

Current CPI (Mar23) = 146.8646.

Lex Nimble Solutions Annual Data

Book Value per Share CPI Adj_Book
201403 4.590 91.425 7.373
201503 11.137 97.163 16.834
201603 11.412 102.518 16.348
201703 94.809 105.196 132.363
201803 12.072 109.786 16.149
201903 27.863 118.202 34.619
202003 30.047 124.705 35.386
202103 31.297 131.771 34.882
202203 32.635 138.822 34.526
202303 34.551 146.865 34.551

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.


Lex Nimble Solutions  (BOM:541196) 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.


Lex Nimble Solutions Cyclically Adjusted PB Ratio Related Terms

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


Lex Nimble Solutions (BOM:541196) Business Description

Traded in Other Exchanges
N/A
Address
Quardant 3, Module A1, Cyber Towers, 10th Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500 081
Lex Nimble Solutions Ltd is engaged in IT consulting, support and solutions and appraisal advisory, certification, training and related services on quality models. The company's business segments are Software services and Consulting services. It derives key revenue from the Consulting services segment which covers IT staffing, Support Services and Payroll and accounting Service; and Quality Certification, Consulting and Training. Geographically, the group has customers located within India and other countries.

Lex Nimble Solutions (BOM:541196) Headlines

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