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Sharda Ispat (BOM:513548) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2025)


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What is Sharda Ispat Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharda Ispat Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sharda 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.

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Sharda Ispat Cyclically Adjusted PB Ratio Chart

Sharda 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 - 2.04 2.14 1.73 6.53

Sharda 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 - 6.53 - 8.90 -

Competitive Comparison of Sharda Ispat's Cyclically Adjusted PB Ratio

For the Steel subindustry, Sharda 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.


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

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

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


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Sharda 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.

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

For example, Sharda 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.

Sharda Ispat Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.920 97.163 14.535
201506 0.000 99.841 0.000
201509 9.093 101.753 14.148
201512 0.000 102.901 0.000
201603 11.412 102.518 17.624
201606 0.000 105.961 0.000
201609 12.227 105.961 18.269
201612 0.000 105.196 0.000
201703 15.483 105.196 23.302
201706 0.000 107.109 0.000
201709 19.247 109.021 27.951
201712 0.000 109.404 0.000
201803 23.849 109.786 34.393
201806 0.000 111.317 0.000
201809 30.107 115.142 41.398
201812 0.000 115.142 0.000
201903 37.327 118.202 49.997
201906 0.000 120.880 0.000
201909 40.564 123.175 52.139
201912 0.000 126.235 0.000
202003 44.496 124.705 56.491
202006 0.000 127.000 0.000
202009 45.692 130.118 55.596
202012 0.000 130.889 0.000
202103 54.441 131.771 65.411
202106 0.000 134.084 0.000
202109 59.641 135.847 69.509
202112 0.000 138.161 0.000
202203 63.743 138.822 72.697
202206 0.000 142.347 0.000
202209 66.517 144.661 72.799
202212 0.000 145.763 0.000
202303 72.543 146.865 78.203
202306 0.000 150.280 0.000
202309 87.655 151.492 91.607
202312 0.000 152.924 0.000
202403 101.788 153.035 105.305
202406 0.000 155.789 0.000
202409 108.819 157.882 109.123
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.


Sharda Ispat  (BOM:513548) 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.


Sharda Ispat Cyclically Adjusted PB Ratio Related Terms

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Sharda Ispat Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hill Road, DA-Rock, Plot No. 230, 6th Floor, Shivaji Nagar, Nagpur, MH, IND, 440010
Sharda Ispat Ltd is engaged in the iron and steel business. It manufactures alloy, carbon, and spring steel rolled products to the various automobile OEM component manufacturer, as well as forging and bright bar industries. Its product offerings comprise Flats, Round Bars, and Square Bars. The majority of revenue comes from India.

Sharda Ispat Headlines

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