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RailTel of India (BOM:543265) Cyclically Adjusted PB Ratio : 7.21 (As of Jun. 08, 2024)


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What is RailTel of India Cyclically Adjusted PB Ratio?

As of today (2024-06-08), RailTel of India's current share price is ₹378.70. RailTel of India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹52.55. RailTel of India's Cyclically Adjusted PB Ratio for today is 7.21.

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

BOM:543265' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.87   Med: 7.51   Max: 8.15
Current: 7.86

During the past 10 years, RailTel of India's highest Cyclically Adjusted PB Ratio was 8.15. The lowest was 6.87. And the median was 7.51.

BOM:543265's Cyclically Adjusted PB Ratio is ranked worse than
95.47% of 287 companies
in the Telecommunication Services industry
Industry Median: 1.49 vs BOM:543265: 7.86

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.

RailTel of India's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹56.934. 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 ₹52.55 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


RailTel of India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RailTel of India'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.

RailTel of India Cyclically Adjusted PB Ratio Chart

RailTel of India 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 - - - - 6.92

RailTel of India Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 6.92

Competitive Comparison of RailTel of India's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, RailTel of India'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.


RailTel of India's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, RailTel of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RailTel of India 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.

RailTel of India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=378.70/52.55
=7.21

* 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.

RailTel of India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, RailTel of India's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=56.934/153.0345*153.0345
=56.934

Current CPI (Mar24) = 153.0345.

RailTel of India Annual Data

Book Value per Share CPI Adj_Book
201503 31.520 97.163 49.645
201603 33.803 102.518 50.460
201703 36.121 105.196 52.547
201803 39.040 109.786 54.419
201903 40.165 118.202 52.001
202003 42.666 124.705 52.358
202103 44.022 131.771 51.126
202203 47.570 138.822 52.440
202303 51.377 146.865 53.535
202403 56.934 153.035 56.934

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.


RailTel of India  (BOM:543265) 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.


RailTel of India Cyclically Adjusted PB Ratio Related Terms

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RailTel of India (BOM:543265) Business Description

Traded in Other Exchanges
Address
Tower-2, East Kidwai Nagar, Plate - A, 6th Floor, Office Block, South Delhi, New Delhi, IND, 110023
RailTel Corporation of India Ltd is a neutral telecom infrastructure provider in the country. It owns a pan-India optic fiber network on an exclusive Right of Way along the Railway track. The company's operating segment includes Telecom Services and Project Work services. It generates maximum revenue from the Telecom Services segment. The telecom services segment of the company provides services such as Managed Data Services; Leased Lines; Virtual Private Networks; Internet Leased Lines; Data Centre; Tower collocation and others; and the project work services involve the following projects; National Optical Fiber Networks, Telecom and IT services related projects, and Enterprise specific IT & ITES Projects.

RailTel of India (BOM:543265) Headlines

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