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Best Eastern Hotels (BOM:508664) Cyclically Adjusted PB Ratio : (As of Oct. 31, 2024)


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What is Best Eastern Hotels Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Eastern Hotels Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Best Eastern Hotels'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.

Best Eastern Hotels Cyclically Adjusted PB Ratio Chart

Best Eastern Hotels 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 - - 8.30 13.84 6.05

Best Eastern Hotels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 7.36 - 6.05 -

Competitive Comparison of Best Eastern Hotels's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Best Eastern Hotels'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.


Best Eastern Hotels's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Best Eastern Hotels's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Best Eastern Hotels 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.

Best Eastern Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Best Eastern Hotels's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Best Eastern Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.637 96.780 4.245
201412 0.000 96.780 0.000
201503 2.471 97.163 3.962
201506 0.000 99.841 0.000
201509 2.523 101.753 3.863
201512 0.000 102.901 0.000
201603 1.911 102.518 2.904
201606 0.000 105.961 0.000
201609 2.652 105.961 3.899
201612 0.000 105.196 0.000
201703 2.711 105.196 4.015
201706 0.000 107.109 0.000
201709 2.618 109.021 3.741
201712 0.000 109.404 0.000
201803 2.149 109.786 3.049
201806 0.000 111.317 0.000
201809 2.127 115.142 2.878
201812 0.000 115.142 0.000
201903 2.109 118.202 2.780
201906 0.000 120.880 0.000
201909 2.039 123.175 2.579
201912 0.000 126.235 0.000
202003 1.901 124.705 2.375
202006 0.000 127.000 0.000
202009 1.407 130.118 1.685
202012 0.000 130.889 0.000
202103 1.561 131.771 1.846
202106 0.000 134.084 0.000
202109 1.242 135.847 1.424
202112 0.000 138.161 0.000
202203 1.435 138.822 1.610
202206 0.000 142.347 0.000
202209 1.567 144.661 1.688
202212 0.000 145.763 0.000
202303 1.294 146.865 1.373
202306 0.000 150.280 0.000
202309 1.646 151.492 1.693
202312 0.000 152.924 0.000
202403 1.374 153.035 1.399
202406 0.000 155.789 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.


Best Eastern Hotels  (BOM:508664) 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.


Best Eastern Hotels Cyclically Adjusted PB Ratio Related Terms

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Best Eastern Hotels Business Description

Traded in Other Exchanges
N/A
Address
293/297, Dr. Cawasji Hormasji Street, 401, Chartered House, Near Marine Lines Church, Mumbai, MH, IND, 400 002
Best Eastern Hotels Ltd is engaged in the business of hospitality and managing the resort. The company operates a hotel, Usha Ascot that provides various facilities, such as cuisine, including Indian, Chinese, and Continental food; a swimming pool with a sunken bar and an open restaurant; a permit room; a health club with a steam room; sauna, Jacuzzi and massage facility; indoor recreation, including table tennis, and in-house laundry and bakery. Its conference and banquet facilities include Mel Milap Hall and The Brain Stromer. Its accommodation facilities include Luxury Villa, Ascot Villa, Executive Deluxe, and Deluxe Room. The company generates the majority of its revenue from the sale of room services.

Best Eastern Hotels Headlines

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