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Simplex Infrastructures (BOM:523838) Cyclically Adjusted PB Ratio : 0.37 (As of May. 12, 2024)


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What is Simplex Infrastructures Cyclically Adjusted PB Ratio?

As of today (2024-05-12), Simplex Infrastructures's current share price is ₹125.90. Simplex Infrastructures's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹338.54. Simplex Infrastructures's Cyclically Adjusted PB Ratio for today is 0.37.

The historical rank and industry rank for Simplex Infrastructures's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:523838' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.11   Max: 0.5
Current: 0.37

During the past 13 years, Simplex Infrastructures's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.05. And the median was 0.11.

BOM:523838's Cyclically Adjusted PB Ratio is ranked better than
83.25% of 1182 companies
in the Construction industry
Industry Median: 1.12 vs BOM:523838: 0.37

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.

Simplex Infrastructures's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹52.626. 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 ₹338.54 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Simplex Infrastructures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Simplex Infrastructures'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.

Simplex Infrastructures Cyclically Adjusted PB Ratio Chart

Simplex Infrastructures 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 0.51 0.05 0.08 0.13 0.10

Simplex Infrastructures 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 - 0.10 - - -

Competitive Comparison of Simplex Infrastructures's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Simplex Infrastructures'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.


Simplex Infrastructures's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Simplex Infrastructures 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.

Simplex Infrastructures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.90/338.54
=0.37

* 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.

Simplex Infrastructures's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Simplex Infrastructures's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=52.626/146.8646*146.8646
=52.626

Current CPI (Mar23) = 146.8646.

Simplex Infrastructures Annual Data

Book Value per Share CPI Adj_Book
201403 289.109 91.425 464.424
201503 259.279 97.163 391.908
201603 285.000 102.518 408.282
201703 309.755 105.196 432.450
201803 329.574 109.786 440.881
201903 358.038 118.202 444.858
202003 309.168 124.705 364.106
202103 221.687 131.771 247.081
202203 131.143 138.822 138.741
202303 52.626 146.865 52.626

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.


Simplex Infrastructures  (BOM:523838) 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.


Simplex Infrastructures Cyclically Adjusted PB Ratio Related Terms

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Simplex Infrastructures (BOM:523838) Business Description

Traded in Other Exchanges
Address
27, Shakespeare Sarani, Simplex House, Kolkata, WB, IND, 700017
Simplex Infrastructures Ltd is an India-based diversified company involved in the construction business. It is engaged in executing projects in several sectors like Transport, Energy and Power, Mining, Buildings, Marine, and Real Estate. The company's business segment includes construction/project activities. Other services comprise oil drilling services, real estate, and hire of plant and equipment. The company generates its revenue from operations in India.

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