GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ducon Infratechnologies Ltd (NSE:DUCON) » Definitions » Cyclically Adjusted PB Ratio

Ducon Infratechnologies (NSE:DUCON) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ducon Infratechnologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ducon Infratechnologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ducon Infratechnologies'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.

Ducon Infratechnologies Cyclically Adjusted PB Ratio Chart

Ducon Infratechnologies 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 - - 0.93 3.18 0.87

Ducon Infratechnologies 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 - 0.87 - 1.10 -

Competitive Comparison of Ducon Infratechnologies's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Ducon Infratechnologies'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.


Ducon Infratechnologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ducon Infratechnologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ducon Infratechnologies 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.

Ducon Infratechnologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ducon Infratechnologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Ducon Infratechnologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.006 91.425 5.028
201406 0.000 94.103 0.000
201409 3.012 96.780 4.759
201412 0.000 96.780 0.000
201503 2.991 97.163 4.708
201506 0.000 99.841 0.000
201509 3.000 101.753 4.509
201512 0.000 102.901 0.000
201603 3.035 102.518 4.527
201606 0.000 105.961 0.000
201609 3.084 105.961 4.451
201612 0.000 105.196 0.000
201703 8.110 105.196 11.790
201706 0.000 107.109 0.000
201709 2.659 109.021 3.730
201712 2.681 109.404 3.747
201803 8.374 109.786 11.664
201806 0.000 111.317 0.000
201809 6.679 115.142 8.871
201812 0.000 115.142 0.000
201903 6.824 118.202 8.829
201906 0.000 120.880 0.000
201909 6.865 123.175 8.523
201912 0.000 126.235 0.000
202003 6.897 124.705 8.458
202006 0.000 127.000 0.000
202009 4.098 130.118 4.816
202012 0.000 130.889 0.000
202103 7.496 131.771 8.699
202106 0.000 134.084 0.000
202109 7.528 135.847 8.474
202112 0.000 138.161 0.000
202203 6.635 138.822 7.309
202206 0.000 142.347 0.000
202209 5.837 144.661 6.170
202212 0.000 145.763 0.000
202303 4.708 146.865 4.902
202306 0.000 150.280 0.000
202309 4.762 151.492 4.807
202312 0.000 152.924 0.000

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.


Ducon Infratechnologies  (NSE:DUCON) 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.


Ducon Infratechnologies Cyclically Adjusted PB Ratio Related Terms

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


Ducon Infratechnologies (NSE:DUCON) Business Description

Traded in Other Exchanges
Address
Road No.1, MIDC Wagle Industrial Estate, Ducon House, Plot No. A/4, Thane (West), Thane, MH, IND, 400604
Ducon Infratechnologies Ltd is an India-based diversified technology company. It is engaged in the business of Heavy Engineering and Clean Technology. In addition, it is also involved in the installation of industrial machinery and equipment. The company offers its services in the digital and infrastructure business sectors. Its product categories consist of servers, storage, networking, security and surveillance, and energy management systems.

Ducon Infratechnologies (NSE:DUCON) Headlines

No Headlines