GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Asahi Infrastructure and Projects Ltd (BOM:512535) » Definitions » Cyclically Adjusted PB Ratio

Asahi Infrastructure and Projects (BOM:512535) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Asahi Infrastructure and Projects Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Infrastructure and Projects Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asahi Infrastructure and Projects'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.

Asahi Infrastructure and Projects Cyclically Adjusted PB Ratio Chart

Asahi Infrastructure and Projects Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Asahi Infrastructure and Projects Quarterly Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Sep17 Dec17
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 - - - - -

Competitive Comparison of Asahi Infrastructure and Projects's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Asahi Infrastructure and Projects'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.


Asahi Infrastructure and Projects's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asahi Infrastructure and Projects's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Infrastructure and Projects's Cyclically Adjusted PB Ratio falls into.



Asahi Infrastructure and Projects 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.

Asahi Infrastructure and Projects's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar17 is calculated as:

For example, Asahi Infrastructure and Projects's adjusted Book Value per Share data for the fiscal year that ended in Mar17 was:

Adj_Book=Book Value per Share/CPI of Mar17 (Change)*Current CPI (Mar17)
=17.927/105.1960*105.1960
=17.927

Current CPI (Mar17) = 105.1960.

Asahi Infrastructure and Projects Annual Data

Book Value per Share CPI Adj_Book
200803 0.000 52.407 0.000
200903 13.364 56.615 24.832
201003 10.084 65.030 16.312
201103 32.187 70.768 47.846
201203 35.445 76.889 48.494
201303 12.914 85.687 15.854
201403 13.172 91.425 15.156
201503 15.497 97.163 16.778
201603 17.872 102.518 18.339
201703 17.927 105.196 17.927

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.


Asahi Infrastructure and Projects  (BOM:512535) 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.


Asahi Infrastructure and Projects Cyclically Adjusted PB Ratio Related Terms

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


Asahi Infrastructure and Projects (BOM:512535) Business Description

Traded in Other Exchanges
N/A
Address
Carter Road no.7,Opp. Railway Station, Room No.302 3rd Floor Yashwant Shopping Center, Borivali (East), Mumbai, MH, IND, 400066
Asahi Infrastructure and Projects Ltd is an Indian company engaged in construction activities. The company provides low-cost affordable housing for the poor and lower middle class.

Asahi Infrastructure and Projects (BOM:512535) Headlines

No Headlines