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Conart Engineers (BOM:522231) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2025)


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What is Conart Engineers Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Conart Engineers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Conart Engineers'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.

Conart Engineers Cyclically Adjusted PB Ratio Chart

Conart Engineers 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 - 0.39 0.47 0.51 1.17

Conart Engineers 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 - 1.17 - 1.95 -

Competitive Comparison of Conart Engineers's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Conart Engineers'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.


Conart Engineers's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Conart Engineers 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.

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

For example, Conart Engineers'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.

Conart Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201503 22.569 97.163 36.775
201506 0.000 99.841 0.000
201509 23.497 101.753 36.560
201512 0.000 102.901 0.000
201603 24.427 102.518 37.724
201606 0.000 105.961 0.000
201609 25.844 105.961 38.615
201612 0.000 105.196 0.000
201703 26.597 105.196 40.029
201706 0.000 107.109 0.000
201709 27.237 109.021 39.554
201712 0.000 109.404 0.000
201803 28.322 109.786 40.843
201806 0.000 111.317 0.000
201809 29.614 115.142 40.720
201812 0.000 115.142 0.000
201903 31.117 118.202 41.679
201906 0.000 120.880 0.000
201909 32.479 123.175 41.747
201912 0.000 126.235 0.000
202003 32.723 124.705 41.544
202006 0.000 127.000 0.000
202009 33.499 130.118 40.760
202012 0.000 130.889 0.000
202103 34.018 131.771 40.873
202106 0.000 134.084 0.000
202109 35.103 135.847 40.911
202112 0.000 138.161 0.000
202203 36.717 138.822 41.875
202206 0.000 142.347 0.000
202209 38.005 144.661 41.594
202212 0.000 145.763 0.000
202303 40.253 146.865 43.394
202306 0.000 150.280 0.000
202309 41.989 151.492 43.882
202312 0.000 152.924 0.000
202403 46.223 153.035 47.820
202406 0.000 155.789 0.000
202409 48.894 157.882 49.030
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.


Conart Engineers  (BOM:522231) 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.


Conart Engineers Cyclically Adjusted PB Ratio Related Terms

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Conart Engineers Business Description

Traded in Other Exchanges
N/A
Address
3rd Road Old Khar, 17, Ground Floor, Jay Bharat Society, Near Solanki Palace, Khar (West), Mumbai, MH, IND, 400052
Conart Engineers Ltd is a building and civil construction firm in India. It is engaged in providing general contracting and project management services for industrial, commercial, and residential construction projects. It provides services to sectors like Heavy Machinery, Pharmaceuticals, Chemicals, Textiles, and Education. Services such as General Contracting, Design Built, and Turnkey Services include cost monitoring and control, schedule development and control, safety assurance, project accounting, change management, quality control, field engineering and site management, and subcontractor management.

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