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Elecon Engineering Co (BOM:505700) Cyclically Adjusted PB Ratio : 12.57 (As of Jun. 04, 2025)


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What is Elecon Engineering Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Elecon Engineering Co's current share price is ₹689.50. Elecon Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹54.86. Elecon Engineering Co's Cyclically Adjusted PB Ratio for today is 12.57.

The historical rank and industry rank for Elecon Engineering Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:505700' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.84   Med: 9.42   Max: 13.33
Current: 12.75

During the past years, Elecon Engineering Co's highest Cyclically Adjusted PB Ratio was 13.33. The lowest was 3.84. And the median was 9.42.

BOM:505700's Cyclically Adjusted PB Ratio is ranked worse than
96.11% of 2159 companies
in the Industrial Products industry
Industry Median: 2.04 vs BOM:505700: 12.75

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.

Elecon Engineering Co's adjusted book value per share data for the three months ended in Mar. 2025 was ₹89.068. 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 ₹54.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elecon Engineering Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co Cyclically Adjusted PB Ratio Chart

Elecon Engineering Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.22 9.58 8.19

Elecon Engineering Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.58 - 13.22 - 8.19

Competitive Comparison of Elecon Engineering Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.


Elecon Engineering Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Elecon Engineering Co 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.

Elecon Engineering Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=689.50/54.86
=12.57

* 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.

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

For example, Elecon Engineering Co'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)
=89.068/157.5517*157.5517
=89.068

Current CPI (Mar. 2025) = 157.5517.

Elecon Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 32.326 102.518 49.679
201606 0.000 105.961 0.000
201609 34.710 105.961 51.610
201612 0.000 105.196 0.000
201703 31.633 105.196 47.377
201706 0.000 107.109 0.000
201709 29.523 109.021 42.665
201712 0.000 109.404 0.000
201803 31.590 109.786 45.334
201806 0.000 111.317 0.000
201809 34.234 115.142 46.843
201812 0.000 115.142 0.000
201903 34.227 118.202 45.621
201906 0.000 120.880 0.000
201909 34.414 123.175 44.019
201912 0.000 126.235 0.000
202003 38.066 124.705 48.092
202006 0.000 127.000 0.000
202009 38.172 130.118 46.220
202012 0.000 130.889 0.000
202103 40.965 131.771 48.980
202106 0.000 134.084 0.000
202109 43.556 135.847 50.515
202112 0.000 138.161 0.000
202203 46.802 138.822 53.117
202206 0.000 142.347 0.000
202209 50.444 144.661 54.939
202212 0.000 145.763 0.000
202303 57.001 146.865 61.149
202306 0.000 150.280 0.000
202309 63.045 151.492 65.567
202312 0.000 152.924 0.000
202403 71.480 153.035 73.590
202406 0.000 155.789 0.000
202409 78.182 157.882 78.018
202412 0.000 158.323 0.000
202503 89.068 157.552 89.068

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.


Elecon Engineering Co  (BOM:505700) 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.


Elecon Engineering Co Cyclically Adjusted PB Ratio Related Terms

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


Elecon Engineering Co Business Description

Traded in Other Exchanges
Address
Anand Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.

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