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Lakshmi Electrical Control Systems (BOM:504258) Cyclically Adjusted PB Ratio : 1.48 (As of Dec. 15, 2024)


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What is Lakshmi Electrical Control Systems Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Lakshmi Electrical Control Systems's current share price is ₹1303.40. Lakshmi Electrical Control Systems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹882.61. Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio for today is 1.48.

The historical rank and industry rank for Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:504258' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.35   Max: 2.62
Current: 1.48

During the past years, Lakshmi Electrical Control Systems's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 0.49. And the median was 1.35.

BOM:504258's Cyclically Adjusted PB Ratio is ranked better than
64.28% of 2024 companies
in the Industrial Products industry
Industry Median: 2.205 vs BOM:504258: 1.48

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.

Lakshmi Electrical Control Systems's adjusted book value per share data for the three months ended in Sep. 2024 was ₹1,224.359. 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 ₹882.61 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lakshmi Electrical Control Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lakshmi Electrical Control Systems'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.

Lakshmi Electrical Control Systems Cyclically Adjusted PB Ratio Chart

Lakshmi Electrical Control Systems 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 - 0.50 0.89 1.02 1.96

Lakshmi Electrical Control Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.94 - 1.96 - 1.60

Competitive Comparison of Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Lakshmi Electrical Control Systems'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.


Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio falls into.



Lakshmi Electrical Control Systems 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.

Lakshmi Electrical Control Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1303.40/882.61
=1.48

* 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.

Lakshmi Electrical Control Systems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Lakshmi Electrical Control Systems's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1224.359/157.8822*157.8822
=1,224.359

Current CPI (Sep. 2024) = 157.8822.

Lakshmi Electrical Control Systems Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 345.627 97.163 561.617
201506 0.000 99.841 0.000
201509 361.763 101.753 561.318
201512 0.000 102.901 0.000
201603 500.788 102.518 771.233
201606 0.000 105.961 0.000
201609 392.272 105.961 584.486
201612 0.000 105.196 0.000
201703 559.738 105.196 840.076
201706 0.000 107.109 0.000
201709 626.020 109.021 906.587
201712 0.000 109.404 0.000
201803 688.384 109.786 989.955
201806 0.000 111.317 0.000
201809 678.251 115.142 930.016
201812 0.000 115.142 0.000
201903 694.677 118.202 927.878
201906 0.000 120.880 0.000
201909 599.922 123.175 768.963
201912 0.000 126.235 0.000
202003 545.318 124.705 690.397
202006 0.000 127.000 0.000
202009 586.511 130.118 711.660
202012 0.000 130.889 0.000
202103 716.841 131.771 858.891
202106 0.000 134.084 0.000
202109 783.775 135.847 910.908
202112 0.000 138.161 0.000
202203 866.452 138.822 985.417
202206 0.000 142.347 0.000
202209 985.614 144.661 1,075.693
202212 0.000 145.763 0.000
202303 943.770 146.865 1,014.570
202306 0.000 150.280 0.000
202309 1,109.690 151.492 1,156.499
202312 0.000 152.924 0.000
202403 1,145.332 153.035 1,181.613
202406 0.000 155.789 0.000
202409 1,224.359 157.882 1,224.359

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.


Lakshmi Electrical Control Systems  (BOM:504258) 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.


Lakshmi Electrical Control Systems Cyclically Adjusted PB Ratio Related Terms

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


Lakshmi Electrical Control Systems Business Description

Traded in Other Exchanges
N/A
Address
Arasur, Coimbatore, TN, IND, 641 407
Lakshmi Electrical Control Systems Ltd is engaged in the manufacturing and selling of control panels and plastic components. The company's operating segment includes Electricals, Plastics, and Wind power generation. It generates maximum revenue from the Electricals segment. The company manufactures control panels for various industrial applications such as Textile Machinery, Machine Tools, Automatic Power Factor Correction (APFC), Energy Saver, Compressors, Variable Frequency Drive (VFD) Panels, Motor Control Center (MCC), Medium Voltage (MV) and Low Voltage (LV) Control Panels and others.

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