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P.M. Telelinnks (BOM:513403) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is P.M. Telelinnks Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


P.M. Telelinnks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for P.M. Telelinnks'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.

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P.M. Telelinnks Cyclically Adjusted PB Ratio Chart

P.M. Telelinnks 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 - - - 0.43 0.61

P.M. Telelinnks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.65 - 0.61 - -

Competitive Comparison of P.M. Telelinnks's Cyclically Adjusted PB Ratio

For the Steel subindustry, P.M. Telelinnks'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.


P.M. Telelinnks's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, P.M. Telelinnks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



P.M. Telelinnks 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.

P.M. Telelinnks's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, P.M. Telelinnks'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)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

P.M. Telelinnks Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 11.920 91.425 19.981
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 11.920 96.780 18.876
201503 11.549 97.163 18.216
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 5.873 102.518 8.780
201606 0.000 105.961 0.000
201609 5.936 105.961 8.585
201612 0.000 105.196 0.000
201703 6.048 105.196 8.811
201706 0.000 107.109 0.000
201709 5.991 109.021 8.422
201712 0.000 109.404 0.000
201803 6.111 109.786 8.531
201806 0.000 111.317 0.000
201809 6.252 115.142 8.321
201812 0.000 115.142 0.000
201903 6.240 118.202 8.090
201906 0.000 120.880 0.000
201909 6.477 123.175 8.059
201912 0.000 126.235 0.000
202003 6.374 124.705 7.833
202006 0.000 127.000 0.000
202009 6.095 130.118 7.179
202012 0.000 130.889 0.000
202103 5.979 131.771 6.954
202106 0.000 134.084 0.000
202109 6.441 135.847 7.266
202112 0.000 138.161 0.000
202203 8.228 138.822 9.083
202206 0.000 142.347 0.000
202209 8.291 144.661 8.784
202212 0.000 145.763 0.000
202303 8.391 146.865 8.756
202306 0.000 150.280 0.000
202312 0.000 153.255 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.


P.M. Telelinnks  (BOM:513403) 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.


P.M. Telelinnks Cyclically Adjusted PB Ratio Related Terms

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P.M. Telelinnks (BOM:513403) Business Description

Traded in Other Exchanges
N/A
Address
1-7-241/11/D, S.D. Road, Ramalaya, 3rd Floor, Secunderabad, Hyderabad, TG, IND, 500003
P.M. Telelinnks Ltd is an Indian company which is engaged in the business of manufacturing of Cold Roll Steel. The principal business activity of the company includes trading activities of Iron and Steel such as TMT Bars, Rebars, Tower Parts, etc.

P.M. Telelinnks (BOM:513403) Headlines

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