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Ashiana Ispat (BOM:513401) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2025)


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What is Ashiana Ispat Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashiana Ispat Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ashiana Ispat'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.

Ashiana Ispat Cyclically Adjusted PB Ratio Chart

Ashiana Ispat 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 - 0.16 0.32 0.50 0.65

Ashiana Ispat Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 0.65 - 0.87 -

Competitive Comparison of Ashiana Ispat's Cyclically Adjusted PB Ratio

For the Steel subindustry, Ashiana Ispat'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.


Ashiana Ispat's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashiana Ispat's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ashiana Ispat 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.

Ashiana Ispat's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Ashiana Ispat Quarterly Data

Book Value per Share CPI Adj_Book
201503 50.563 97.163 82.390
201506 0.000 99.841 0.000
201509 51.004 101.753 79.360
201512 0.000 102.901 0.000
201603 51.789 102.518 79.980
201606 0.000 105.961 0.000
201609 52.436 105.961 78.348
201612 0.000 105.196 0.000
201703 58.542 105.196 88.107
201706 0.000 107.109 0.000
201709 79.378 109.021 115.274
201712 0.000 109.404 0.000
201803 49.434 109.786 71.289
201806 0.000 111.317 0.000
201809 52.885 115.142 72.718
201812 0.000 115.142 0.000
201903 54.690 118.202 73.253
201906 0.000 120.880 0.000
201909 55.297 123.175 71.076
201912 0.000 126.235 0.000
202003 39.846 124.705 50.588
202006 0.000 127.000 0.000
202009 40.257 130.118 48.983
202012 0.000 130.889 0.000
202103 41.294 131.771 49.615
202106 0.000 134.084 0.000
202109 42.335 135.847 49.339
202112 0.000 138.161 0.000
202203 42.867 138.822 48.889
202206 0.000 142.347 0.000
202209 45.705 144.661 50.021
202212 0.000 145.763 0.000
202303 46.630 146.865 50.268
202306 0.000 150.280 0.000
202309 47.166 151.492 49.293
202312 0.000 152.924 0.000
202403 48.580 153.035 50.259
202406 0.000 155.789 0.000
202409 46.421 157.882 46.551
202412 0.000 158.323 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.


Ashiana Ispat  (BOM:513401) 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.


Ashiana Ispat Cyclically Adjusted PB Ratio Related Terms

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Ashiana Ispat Business Description

Industry
Traded in Other Exchanges
N/A
Address
908 - 910, Pearl Best Height - II, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Ashiana Ispat Ltd is a steel company. It is engaged in the manufacturing of value-added steel for domestic construction, engineering, automotive, and infrastructure sectors. It manufactures thermo-mechanically treated bars (TMT) and cold twisted deformed bars (CTD).

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