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Johnson Controls - Hitachi Air Conditioning India (BOM:523398) Cyclically Adjusted PB Ratio : 6.49 (As of Jun. 04, 2025)


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What is Johnson Controls - Hitachi Air Conditioning India Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Johnson Controls - Hitachi Air Conditioning India's current share price is ₹1716.30. Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹264.41. Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio for today is 6.49.

The historical rank and industry rank for Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:523398' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.31   Med: 8.23   Max: 15.13
Current: 6.33

During the past years, Johnson Controls - Hitachi Air Conditioning India's highest Cyclically Adjusted PB Ratio was 15.13. The lowest was 4.31. And the median was 8.23.

BOM:523398's Cyclically Adjusted PB Ratio is ranked worse than
91.9% of 321 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.27 vs BOM:523398: 6.33

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.

Johnson Controls - Hitachi Air Conditioning India's adjusted book value per share data for the three months ended in Mar. 2025 was ₹235.732. 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 ₹264.41 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Controls - Hitachi Air Conditioning India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Johnson Controls - Hitachi Air Conditioning India'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.

Johnson Controls - Hitachi Air Conditioning India Cyclically Adjusted PB Ratio Chart

Johnson Controls - Hitachi Air Conditioning India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.73 8.30 4.31 3.77 6.69

Johnson Controls - Hitachi Air Conditioning India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.77 - 8.89 - 6.69

Competitive Comparison of Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Johnson Controls - Hitachi Air Conditioning India'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.


Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio falls into.


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Johnson Controls - Hitachi Air Conditioning India 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.

Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1716.30/264.41
=6.49

* 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.

Johnson Controls - Hitachi Air Conditioning India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Johnson Controls - Hitachi Air Conditioning India's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=235.732/157.5517*157.5517
=235.732

Current CPI (Mar. 2025) = 157.5517.

Johnson Controls - Hitachi Air Conditioning India Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 128.233 101.753 198.552
201512 0.000 102.901 0.000
201603 133.868 102.518 205.730
201606 0.000 105.961 0.000
201609 155.055 105.961 230.549
201612 0.000 105.196 0.000
201703 161.903 105.196 242.482
201706 0.000 107.109 0.000
201709 182.753 109.021 264.105
201712 0.000 109.404 0.000
201803 196.830 109.786 282.466
201806 0.000 111.317 0.000
201809 213.464 115.142 292.088
201812 0.000 115.142 0.000
201903 225.439 118.202 300.488
201906 0.000 120.880 0.000
201909 246.718 123.175 315.574
201912 0.000 126.235 0.000
202003 253.216 124.705 319.912
202006 0.000 127.000 0.000
202009 237.678 130.118 287.790
202012 0.000 130.889 0.000
202103 265.474 131.771 317.415
202106 0.000 134.084 0.000
202109 258.332 135.847 299.607
202112 0.000 138.161 0.000
202203 272.101 138.822 308.813
202206 0.000 142.347 0.000
202209 252.231 144.661 274.707
202212 0.000 145.763 0.000
202303 242.422 146.865 260.063
202306 0.000 150.280 0.000
202309 206.833 151.492 215.106
202312 0.000 152.924 0.000
202403 214.398 153.035 220.726
202406 0.000 155.789 0.000
202409 216.682 157.882 216.228
202412 0.000 158.323 0.000
202503 235.732 157.552 235.732

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.


Johnson Controls - Hitachi Air Conditioning India  (BOM:523398) 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.


Johnson Controls - Hitachi Air Conditioning India Cyclically Adjusted PB Ratio Related Terms

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Johnson Controls - Hitachi Air Conditioning India Business Description

Traded in Other Exchanges
Address
Hitachi Complex, Karan Nagar Kadi District, Mehsana, GJ, IND, 384 440
Johnson Controls - Hitachi Air Conditioning India Ltd is a manufacturer and trader of home appliances. The company produces air conditioners, refrigerators, air purifiers, washing machines, chillers, telecom cooling units, variable refrigerant flow systems, and centrifugal chillers. The company has a network of showrooms and service centres across India, which include dealers and franchisees, in addition to a sales network. The company generates the majority of revenue domestically.

Johnson Controls - Hitachi Air Conditioning India Headlines

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