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Electrosteel Castings (BOM:500128) Cyclically Adjusted PB Ratio : 1.06 (As of Jun. 04, 2025)


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What is Electrosteel Castings Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Electrosteel Castings's current share price is ₹105.90. Electrosteel Castings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹99.88. Electrosteel Castings's Cyclically Adjusted PB Ratio for today is 1.06.

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

BOM:500128' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.4   Max: 1.98
Current: 1.03

During the past years, Electrosteel Castings's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.89. And the median was 1.40.

BOM:500128's Cyclically Adjusted PB Ratio is ranked better than
52.53% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs BOM:500128: 1.03

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.

Electrosteel Castings's adjusted book value per share data for the three months ended in Mar. 2025 was ₹93.525. 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 ₹99.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrosteel Castings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electrosteel Castings'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.

Electrosteel Castings Cyclically Adjusted PB Ratio Chart

Electrosteel Castings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.98

Electrosteel Castings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 2.07 - 0.98

Competitive Comparison of Electrosteel Castings's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Electrosteel Castings'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.


Electrosteel Castings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Electrosteel Castings 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.

Electrosteel Castings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.90/99.88
=1.06

* 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.

Electrosteel Castings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Electrosteel Castings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=93.525/157.5517*157.5517
=93.525

Current CPI (Mar. 2025) = 157.5517.

Electrosteel Castings Quarterly Data

Book Value per Share CPI Adj_Book
200703 39.604 48.581 128.438
200803 42.573 52.407 127.988
200903 49.942 56.615 138.983
201003 49.599 65.030 120.166
201103 53.455 70.768 119.007
201203 52.120 76.889 106.798
201303 68.118 85.687 125.248
201403 64.048 91.425 110.373
201503 71.495 97.163 115.931
201603 69.773 102.518 107.228
201703 66.813 105.196 100.066
201803 69.440 109.786 99.652
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 65.001 118.202 86.640
201906 0.000 120.880 0.000
201909 67.825 123.175 86.754
201912 0.000 126.235 0.000
202003 66.523 124.705 84.045
202006 0.000 127.000 0.000
202009 63.363 130.118 76.722
202012 0.000 130.889 0.000
202103 86.060 131.771 102.898
202106 0.000 134.084 0.000
202109 68.129 135.847 79.014
202112 0.000 138.161 0.000
202203 69.005 138.822 78.315
202206 0.000 142.347 0.000
202209 70.931 144.661 77.252
202212 0.000 145.763 0.000
202303 73.707 146.865 79.071
202306 0.000 150.280 0.000
202309 76.902 151.492 79.978
202312 0.000 152.924 0.000
202403 82.708 153.035 85.149
202406 0.000 155.789 0.000
202409 87.956 157.882 87.772
202412 0.000 158.323 0.000
202503 93.525 157.552 93.525

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.


Electrosteel Castings  (BOM:500128) 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.


Electrosteel Castings Cyclically Adjusted PB Ratio Related Terms

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


Electrosteel Castings Business Description

Traded in Other Exchanges
Address
19, Camac Street, G.K. Tower, Kolkata, WB, IND, 700017
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes which includes DI pipes, Electrolock pipes, and DI flanged pipes among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.

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