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Unitech (BOM:507878) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 05, 2024)


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What is Unitech Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Unitech's current share price is ₹9.48. Unitech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹29.76. Unitech's Cyclically Adjusted PB Ratio for today is 0.32.

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

BOM:507878' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.2   Max: 0.44
Current: 0.33

During the past years, Unitech's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.06. And the median was 0.20.

BOM:507878's Cyclically Adjusted PB Ratio is ranked better than
72.38% of 1376 companies
in the Real Estate industry
Industry Median: 0.71 vs BOM:507878: 0.33

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.

Unitech's adjusted book value per share data for the three months ended in Mar. 2024 was ₹-16.033. 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 ₹29.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unitech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Unitech'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.

Unitech Cyclically Adjusted PB Ratio Chart

Unitech 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 - - - - 0.38

Unitech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - - 0.08 - 0.38

Competitive Comparison of Unitech's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Unitech'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.


Unitech's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Unitech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Unitech 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.

Unitech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.48/29.76
=0.32

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-16.033/153.0345*153.0345
=-16.033

Current CPI (Mar. 2024) = 153.0345.

Unitech Quarterly Data

Book Value per Share CPI Adj_Book
201303 43.537 85.687 77.756
201403 44.185 91.425 73.960
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 37.161 97.163 58.530
201506 0.000 99.841 0.000
201509 40.663 101.753 61.156
201512 0.000 102.901 0.000
201603 35.192 102.518 52.533
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 35.210 105.196 51.222
201709 34.553 109.021 48.502
201712 0.000 109.404 0.000
201803 27.574 109.786 38.436
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 23.850 118.202 30.878
201906 0.000 120.880 0.000
201909 22.909 123.175 28.462
201912 0.000 126.235 0.000
202003 17.628 124.705 21.633
202006 0.000 127.000 0.000
202009 13.679 130.118 16.088
202012 0.000 130.889 0.000
202103 11.603 131.771 13.475
202106 0.000 134.084 0.000
202109 9.672 135.847 10.896
202112 0.000 138.161 0.000
202203 7.652 138.822 8.435
202206 0.000 142.347 0.000
202209 0.873 144.661 0.924
202212 0.000 145.763 0.000
202303 -3.266 146.865 -3.403
202309 -7.963 151.492 -8.044
202312 0.000 152.924 0.000
202403 -16.033 153.035 -16.033

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.


Unitech  (BOM:507878) 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.


Unitech Cyclically Adjusted PB Ratio Related Terms

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


Unitech (BOM:507878) Business Description

Industry
Traded in Other Exchanges
Address
South City-I, 13th Floor, Signature Towers, Tower-B, Gurgaon, HR, IND, 122007
Unitech Ltd is engaged in the business of Real Estate Development and related activities, including construction, consultancy, and rentals, among others. The Company's operations are majorly within India. The Company is a Real Estate Developer in India and also has an interest in the business of Power Transmission and Hospitality, among others.

Unitech (BOM:507878) Headlines

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