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Nyssa (BOM:504378) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Nyssa Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nyssa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nyssa'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.

Nyssa Cyclically Adjusted PB Ratio Chart

Nyssa Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.30 0.74 0.39

Nyssa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.39 - 0.58 -

Competitive Comparison of Nyssa's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Nyssa'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.


Nyssa's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nyssa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nyssa 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.

Nyssa's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nyssa's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Nyssa Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.223 91.425 10.409
201406 0.000 94.103 0.000
201409 6.826 96.780 10.786
201412 0.000 96.780 0.000
201503 0.000 97.163 0.000
201506 0.000 99.841 0.000
201509 7.614 101.753 11.443
201512 0.000 102.901 0.000
201603 7.358 102.518 10.976
201606 0.000 105.961 0.000
201609 7.776 105.961 11.222
201612 0.000 105.196 0.000
201703 7.599 105.196 11.047
201706 0.000 107.109 0.000
201709 7.622 109.021 10.691
201712 0.000 109.404 0.000
201803 7.731 109.786 10.769
201806 0.000 111.317 0.000
201809 7.790 115.142 10.346
201812 0.000 115.142 0.000
201903 7.985 118.202 10.331
201906 0.000 120.880 0.000
201909 7.947 123.175 9.866
201912 0.000 126.235 0.000
202003 8.046 124.705 9.867
202006 0.000 127.000 0.000
202009 8.158 130.118 9.588
202012 0.000 130.889 0.000
202103 8.237 131.771 9.559
202106 0.000 134.084 0.000
202109 8.466 135.847 9.530
202112 0.000 138.161 0.000
202203 8.975 138.822 9.887
202206 0.000 142.347 0.000
202209 9.598 144.661 10.146
202212 0.000 145.763 0.000
202303 9.268 146.865 9.650
202306 0.000 150.280 0.000
202309 10.150 151.492 10.246
202312 0.000 152.924 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.


Nyssa  (BOM:504378) 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.


Nyssa Cyclically Adjusted PB Ratio Related Terms

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Nyssa (BOM:504378) Business Description

Traded in Other Exchanges
N/A
Address
Station Road, Office No. 002, Gulmohar Complex, Opposite Anupam Cinema, Goregaon (East), Mumbai, MH, IND, 400063
Nyssa Corp Ltd is engaged in the business of trading of shares, investment activities, and construction business. The company operates in two segments, Realty and Investment. It is also involved in the leasing of immovable properties. The firm focuses on residential cum commercial projects. It generates revenue from the sale of shares.

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