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Gujarat Industries Power Co (BOM:517300) Cyclically Adjusted PB Ratio : 1.25 (As of Jun. 19, 2024)


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What is Gujarat Industries Power Co Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Gujarat Industries Power Co's current share price is ₹264.35. Gujarat Industries Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹210.75. Gujarat Industries Power Co's Cyclically Adjusted PB Ratio for today is 1.25.

The historical rank and industry rank for Gujarat Industries Power Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:517300' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.84   Max: 1.11
Current: 1.11

During the past years, Gujarat Industries Power Co's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.69. And the median was 0.84.

BOM:517300's Cyclically Adjusted PB Ratio is ranked better than
59.39% of 458 companies
in the Utilities - Regulated industry
Industry Median: 1.37 vs BOM:517300: 1.11

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gujarat Industries Power Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₹218.545. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹210.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Industries Power Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gujarat Industries Power Co'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.

Gujarat Industries Power Co Cyclically Adjusted PB Ratio Chart

Gujarat Industries Power Co 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 - - - - 0.77

Gujarat Industries Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.66 - 0.77

Competitive Comparison of Gujarat Industries Power Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.


Gujarat Industries Power Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Industries Power Co's Cyclically Adjusted PB Ratio falls into.



Gujarat Industries Power Co 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.

Gujarat Industries Power Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=264.35/210.75
=1.25

* 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.

Gujarat Industries Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gujarat Industries Power Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=218.545/153.0345*153.0345
=218.545

Current CPI (Mar. 2024) = 153.0345.

Gujarat Industries Power Co Quarterly Data

Book Value per Share CPI Adj_Book
200803 75.173 52.407 219.515
200903 78.240 56.615 211.490
201003 82.385 65.030 193.875
201103 90.252 70.768 195.168
201112 0.000 75.359 0.000
201203 95.172 76.889 189.424
201206 0.000 79.567 0.000
201212 0.000 83.774 0.000
201303 106.715 85.687 190.590
201306 0.000 88.365 0.000
201403 116.086 91.425 194.314
201406 0.000 94.103 0.000
201503 125.033 97.163 196.931
201603 134.437 102.518 200.681
201703 147.841 105.196 215.073
201803 157.400 109.786 219.405
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 169.965 118.202 220.051
201906 0.000 120.880 0.000
201909 175.550 123.175 218.106
201912 0.000 126.235 0.000
202003 181.689 124.705 222.963
202006 0.000 127.000 0.000
202009 189.784 130.118 223.209
202012 0.000 130.889 0.000
202103 188.759 131.771 219.219
202106 0.000 134.084 0.000
202109 194.556 135.847 219.171
202112 0.000 138.161 0.000
202203 201.282 138.822 221.889
202206 0.000 142.347 0.000
202209 204.401 144.661 216.232
202212 0.000 145.763 0.000
202303 208.547 146.865 217.308
202306 0.000 150.280 0.000
202309 211.173 151.492 213.323
202312 0.000 152.924 0.000
202403 218.545 153.035 218.545

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.


Gujarat Industries Power Co  (BOM:517300) 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.


Gujarat Industries Power Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Gujarat Industries Power Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gujarat Industries Power Co (BOM:517300) Business Description

Traded in Other Exchanges
Address
P.O. Ranoli, Vadodara, GJ, IND, 391 350
Gujarat Industries Power Co Ltd is engaged in the business of electrical power generation. Its power generation plants include gas-based power plants, thermal power plants, and solar power plants. The company generates a majority of its revenue from the sale of electrical energy within the domestic market.

Gujarat Industries Power Co (BOM:517300) Headlines

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