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Premier Capital Services (BOM:511016) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


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What is Premier Capital Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Capital Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Premier Capital Services'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.

Premier Capital Services Cyclically Adjusted PB Ratio Chart

Premier Capital Services 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 - - 43.31 0.97 0.68

Premier Capital Services 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 - 0.68 - 0.56 -

Competitive Comparison of Premier Capital Services's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Premier Capital Services'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.


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

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

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



Premier Capital Services 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.

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

For example, Premier Capital Services'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.

Premier Capital Services Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.396 91.425 10.698
201406 0.000 94.103 0.000
201409 6.402 96.780 10.116
201412 0.000 96.780 0.000
201503 5.883 97.163 9.259
201506 0.000 99.841 0.000
201509 5.872 101.753 8.825
201512 0.000 102.901 0.000
201603 5.688 102.518 8.485
201606 0.000 105.961 0.000
201609 5.841 105.961 8.430
201612 0.000 105.196 0.000
201703 5.579 105.196 8.110
201706 0.000 107.109 0.000
201709 5.823 109.021 8.168
201712 0.000 109.404 0.000
201803 5.548 109.786 7.728
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 5.462 118.202 7.066
201906 0.000 120.880 0.000
201909 5.445 123.175 6.760
201912 0.000 126.235 0.000
202003 5.418 124.705 6.644
202006 0.000 127.000 0.000
202009 5.410 130.118 6.358
202012 0.000 130.889 0.000
202103 5.302 131.771 6.153
202106 0.000 134.084 0.000
202109 5.307 135.847 5.974
202112 0.000 138.161 0.000
202203 5.270 138.822 5.805
202206 0.000 142.347 0.000
202209 5.259 144.661 5.559
202212 0.000 145.763 0.000
202303 5.240 146.865 5.456
202306 0.000 150.280 0.000
202309 5.225 151.492 5.274
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.


Premier Capital Services  (BOM:511016) 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.


Premier Capital Services Cyclically Adjusted PB Ratio Related Terms

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Premier Capital Services (BOM:511016) Business Description

Traded in Other Exchanges
N/A
Address
5/5-A, Navratan Bagh, Off. Geeta Bhawan Square, Behind Vishesh Hospital, Indore, MP, IND, 452001
Premier Capital Services Ltd is engaged in the business of Manufacturer, Trader, and financer of dairy products such as ghee, skimmed milk powder, liquid milk, butter, cheese, etc. The Company has only one geographical segment which is India.

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