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SPML Infra (BOM:500402) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is SPML Infra Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SPML Infra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SPML Infra'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.

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SPML Infra Cyclically Adjusted PB Ratio Chart

SPML Infra Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
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SPML Infra Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of SPML Infra's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, SPML Infra'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.


SPML Infra's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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SPML Infra 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.

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

For example, SPML Infra'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)
=107.712/157.5517*157.5517
=107.712

Current CPI (Mar. 2025) = 157.5517.

SPML Infra Quarterly Data

Book Value per Share CPI Adj_Book
200903 90.633 56.615 252.221
201003 101.572 65.030 246.083
201103 126.251 70.768 281.073
201203 128.409 76.889 263.121
201206 0.000 79.567 0.000
201209 240.169 82.244 460.081
201212 0.000 83.774 0.000
201303 128.828 85.687 236.875
201403 125.108 91.425 215.597
201503 128.756 97.163 208.781
201603 110.903 102.518 170.437
201703 103.796 105.196 155.455
201803 126.854 109.786 182.045
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 114.634 118.202 152.796
201906 0.000 120.880 0.000
201909 120.063 123.175 153.571
201912 0.000 126.235 0.000
202003 104.861 124.705 132.481
202006 0.000 127.000 0.000
202009 92.547 130.118 112.059
202012 0.000 130.889 0.000
202103 71.501 131.771 85.490
202106 0.000 134.084 0.000
202109 75.577 135.847 87.652
202112 0.000 138.161 0.000
202203 72.493 138.822 82.274
202206 0.000 142.347 0.000
202209 68.354 144.661 74.445
202212 0.000 145.763 0.000
202303 71.482 146.865 76.684
202306 0.000 150.280 0.000
202309 69.289 151.492 72.061
202312 0.000 152.924 0.000
202403 93.977 153.035 96.751
202406 0.000 155.789 0.000
202409 96.660 157.882 96.458
202412 0.000 158.323 0.000
202503 107.712 157.552 107.712

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.


SPML Infra  (BOM:500402) 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.


SPML Infra Cyclically Adjusted PB Ratio Related Terms

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


SPML Infra Business Description

Industry
Traded in Other Exchanges
Address
22, Camac Street, Block A, 3rd Floor, Kolkata, WB, IND, 700016
SPML Infra Ltd is an Indian-based infrastructure development company. It is engaged in providing infrastructure solutions for water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructures. The company's operating segment includes Construction, Hydro Power Generation, Waste Management, and Others. Geographically, it operates only in India.

SPML Infra Headlines

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