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Eldeco Housing and Industries (BOM:523329) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Eldeco Housing and Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eldeco Housing and Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eldeco Housing and Industries'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.

Eldeco Housing and Industries Cyclically Adjusted PB Ratio Chart

Eldeco Housing and Industries 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 - - - - 2.81

Eldeco Housing and Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 2.81 - 3.22 -

Competitive Comparison of Eldeco Housing and Industries's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Eldeco Housing and Industries'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.


Eldeco Housing and Industries's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eldeco Housing and Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eldeco Housing and Industries's Cyclically Adjusted PB Ratio falls into.



Eldeco Housing and Industries 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.

Eldeco Housing and Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Eldeco Housing and Industries'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Eldeco Housing and Industries Quarterly Data

Book Value per Share CPI Adj_Book
201103 54.528 70.768 117.831
201203 58.226 76.889 115.806
201303 64.821 85.687 115.685
201403 79.226 91.425 132.519
201406 0.000 94.103 0.000
201503 89.747 97.163 141.252
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201603 107.694 102.518 160.645
201606 0.000 105.961 0.000
201609 119.565 105.961 172.558
201612 0.000 105.196 0.000
201703 125.833 105.196 182.924
201706 0.000 107.109 0.000
201709 133.671 109.021 187.500
201712 0.000 109.404 0.000
201803 150.498 109.786 209.633
201806 0.000 111.317 0.000
201809 165.595 115.142 219.933
201812 0.000 115.142 0.000
201903 183.046 118.202 236.816
201906 0.000 120.880 0.000
201909 196.287 123.175 243.694
201912 0.000 126.235 0.000
202003 214.286 124.705 262.776
202006 0.000 127.000 0.000
202009 237.702 130.118 279.365
202012 0.000 130.889 0.000
202103 269.501 131.771 312.765
202106 0.000 134.084 0.000
202109 283.265 135.847 318.874
202112 0.000 138.161 0.000
202203 313.201 138.822 345.018
202206 0.000 142.347 0.000
202209 332.518 144.661 351.512
202212 0.000 145.763 0.000
202303 350.385 146.865 364.842
202306 0.000 150.280 0.000
202309 364.700 151.492 368.148
202312 0.000 152.924 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.


Eldeco Housing and Industries  (BOM:523329) 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.


Eldeco Housing and Industries Cyclically Adjusted PB Ratio Related Terms

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Eldeco Housing and Industries (BOM:523329) Business Description

Traded in Other Exchanges
Address
Eldeco Corporate Chamber-1, 2nd Floor, Vibhuti Khand (Opposite Mandi Parishad), Gomti Nagar, Lucknow, UP, IND, 226010
Eldeco Housing and Industries Ltd provides real estate infrastructure services. The company's core business activities are categorized into a key segment, Real Estate which promotes, constructs, develops, and sells townships, residential, commercial property, and developed plots. Geographically the company generates the majority of its revenue within India.

Eldeco Housing and Industries (BOM:523329) Headlines

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