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Escorts Kubota (NSE:ESCORTS) Cyclically Adjusted PB Ratio : 9.58 (As of May. 24, 2024)


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What is Escorts Kubota Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Escorts Kubota's current share price is ₹3811.05. Escorts Kubota's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹397.87. Escorts Kubota's Cyclically Adjusted PB Ratio for today is 9.58.

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

NSE:ESCORTS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.59   Med: 5.33   Max: 9.55
Current: 9.55

During the past 13 years, Escorts Kubota's highest Cyclically Adjusted PB Ratio was 9.55. The lowest was 2.59. And the median was 5.33.

NSE:ESCORTS's Cyclically Adjusted PB Ratio is ranked worse than
94.51% of 164 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.855 vs NSE:ESCORTS: 9.55

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.

Escorts Kubota's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹846.194. 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 ₹397.87 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Escorts Kubota Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Escorts Kubota'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.

Escorts Kubota Cyclically Adjusted PB Ratio Chart

Escorts Kubota 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 3.12 5.57 6.24 5.80 6.98

Escorts Kubota Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 5.80 - - - 6.98

Competitive Comparison of Escorts Kubota's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Escorts Kubota'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.


Escorts Kubota's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Escorts Kubota's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Escorts Kubota 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.

Escorts Kubota's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3811.05/397.87
=9.58

* 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.

Escorts Kubota's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Escorts Kubota'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)
=846.194/153.0345*153.0345
=846.194

Current CPI (Mar24) = 153.0345.

Escorts Kubota Annual Data

Book Value per Share CPI Adj_Book
201503 114.356 97.163 180.114
201603 119.637 102.518 178.588
201703 132.238 105.196 192.374
201803 180.714 109.786 251.903
201903 218.107 118.202 282.380
202003 254.322 124.705 312.097
202103 372.762 131.771 432.915
202203 586.589 138.822 646.645
202303 630.887 146.865 657.391
202403 846.194 153.035 846.194

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.


Escorts Kubota  (NSE:ESCORTS) 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.


Escorts Kubota Cyclically Adjusted PB Ratio Related Terms

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


Escorts Kubota (NSE:ESCORTS) Business Description

Traded in Other Exchanges
Address
15/5, Mathura Road, Faridabad, HR, IND, 121 003
Escorts Kubota Ltd is an Indian company manufacturing agricultural tractors and construction equipment. It manufactures engines for agricultural tractors, earth moving and material handling equipment, round and flat tubes, heating elements, and other machines. The company's operating segments include Agri machinery products, Construction equipment, Railway equipment, and Others. It generates maximum revenue from the Agri machinery products segment. Geographically, it derives a majority of its revenue from India. The company also trades in oils and lubricants, compressor accessories and spares, and others.

Escorts Kubota (NSE:ESCORTS) Headlines

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