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Nelco (BOM:504112) Cyclically Adjusted PB Ratio : (As of Jan. 18, 2025)


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What is Nelco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nelco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nelco'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.

Nelco Cyclically Adjusted PB Ratio Chart

Nelco Annual Data
Trend Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 34.11 20.97 22.82

Nelco Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 22.82 - 30.35 -

Competitive Comparison of Nelco's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Nelco'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.


Nelco's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nelco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nelco 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.

Nelco's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Nelco's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/159.2043*159.2043
=0.000

Current CPI (Dec. 2024) = 159.2043.

Nelco Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.287 97.163 5.386
201506 0.000 99.841 0.000
201509 3.282 101.753 5.135
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 9.584 105.196 14.504
201706 0.000 107.109 0.000
201709 11.627 109.021 16.979
201712 0.000 109.404 0.000
201803 14.799 109.786 21.460
201806 0.000 111.317 0.000
201809 20.878 115.142 28.868
201812 0.000 115.142 0.000
201903 24.471 118.202 32.960
201906 0.000 120.880 0.000
201909 24.713 123.175 31.942
201912 0.000 126.235 0.000
202003 28.876 124.705 36.864
202006 0.000 127.000 0.000
202009 29.467 130.118 36.054
202012 0.000 130.889 0.000
202103 33.311 131.771 40.246
202106 0.000 134.084 0.000
202109 35.243 135.847 41.303
202112 0.000 138.161 0.000
202203 39.027 138.822 44.757
202206 0.000 142.347 0.000
202209 41.050 144.661 45.177
202212 0.000 145.763 0.000
202303 45.820 146.865 49.670
202306 0.000 150.280 0.000
202309 48.649 151.492 51.126
202312 0.000 152.924 0.000
202403 54.158 153.035 56.341
202406 0.000 155.789 0.000
202409 55.670 157.882 56.136
202412 0.000 159.204 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.


Nelco  (BOM:504112) 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.


Nelco Cyclically Adjusted PB Ratio Related Terms

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


Nelco Business Description

Industry
Traded in Other Exchanges
Address
Plot No. EL-6, TTC Industrial Area, MIDC, Electronics Zone, Mahape, Navi Mumbai, MH, IND, 400710
Nelco Ltd provides solutions for the management of network connectivity, networking services, and turnkey communication systems supply and integration. It provides satellite communication services to companies in various segments such as Banking: Bank branches, ATMS, Managed service providers, Oil, Energy and Gas, WiFi on aircrafts and Maritime communication, Telecommunication, and Manufacturing companies. The company has one segment: Network Systems products and services.

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