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Deltron (BOM:504256) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Deltron Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deltron Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deltron'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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Deltron Cyclically Adjusted PB Ratio Chart

Deltron Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted PB Ratio
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Deltron Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Deltron's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Deltron'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.


Deltron's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Deltron 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.

Deltron's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar19 is calculated as:

For example, Deltron's adjusted Book Value per Share data for the fiscal year that ended in Mar19 was:

Adj_Book=Book Value per Share/CPI of Mar19 (Change)*Current CPI (Mar19)
=30.326/118.2021*118.2021
=30.326

Current CPI (Mar19) = 118.2021.

Deltron Annual Data

Book Value per Share CPI Adj_Book
201003 23.396 65.030 42.526
201103 23.781 70.768 39.721
201203 23.684 76.889 36.410
201303 24.078 85.687 33.215
201403 24.246 91.425 31.347
201503 24.997 97.163 30.410
201603 27.526 102.518 31.737
201703 27.943 105.196 31.398
201803 27.919 109.786 30.059
201903 30.326 118.202 30.326

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.


Deltron  (BOM:504256) 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.


Deltron Cyclically Adjusted PB Ratio Related Terms

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


Deltron (BOM:504256) Business Description

Industry
Traded in Other Exchanges
N/A
Address
C-120, Naraina Industrial Area, New Delhi, IND, 110 028
Deltron Ltd is engaged in the trading of a variety of goods including Electrical/ Electronic Goods, Mechanical Goods, Equipment, Tools, and others. It derives revenue from the sale of Industrial Products. The company products include Jacks and Spares.

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