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iStreet Network (BOM:524622) Cyclically Adjusted PB Ratio : 14.59 (As of Jun. 04, 2024)


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What is iStreet Network Cyclically Adjusted PB Ratio?

As of today (2024-06-04), iStreet Network's current share price is ₹4.67. iStreet Network's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹0.32. iStreet Network's Cyclically Adjusted PB Ratio for today is 14.59.

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

BOM:524622' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.27   Max: 14.01
Current: 14.01

During the past years, iStreet Network's highest Cyclically Adjusted PB Ratio was 14.01. The lowest was 2.12. And the median was 3.27.

BOM:524622's Cyclically Adjusted PB Ratio is ranked worse than
95.61% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs BOM:524622: 14.01

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.

iStreet Network's adjusted book value per share data for the three months ended in Mar. 2024 was ₹-0.828. 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 ₹0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


iStreet Network Cyclically Adjusted PB Ratio Historical Data

The historical data trend for iStreet Network'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.

iStreet Network Cyclically Adjusted PB Ratio Chart

iStreet Network 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 - 1.43 3.58 3.19 7.11

iStreet Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 3.19 4.03 - 7.11

Competitive Comparison of iStreet Network's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, iStreet Network'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.


iStreet Network's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, iStreet Network's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



iStreet Network 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.

iStreet Network's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.67/0.32
=14.59

* 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.

iStreet Network's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, iStreet Network'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)
=-0.828/153.0345*153.0345
=-0.828

Current CPI (Mar. 2024) = 153.0345.

iStreet Network Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.347 91.425 3.929
201406 0.000 94.103 0.000
201409 3.243 96.780 5.128
201412 0.000 96.780 0.000
201503 2.456 97.163 3.868
201506 0.000 99.841 0.000
201509 2.119 101.753 3.187
201512 0.000 102.901 0.000
201603 1.722 102.518 2.571
201606 0.000 105.961 0.000
201609 1.120 105.961 1.618
201612 0.000 105.196 0.000
201703 0.221 105.196 0.322
201706 0.000 107.109 0.000
201709 -0.686 109.021 -0.963
201712 0.000 109.404 0.000
201803 -0.762 109.786 -1.062
201806 0.000 111.317 0.000
201809 -0.798 115.142 -1.061
201812 0.000 115.142 0.000
201903 -0.922 118.202 -1.194
201906 0.000 120.880 0.000
201909 -0.972 123.175 -1.208
201912 0.000 126.235 0.000
202003 -0.933 124.705 -1.145
202006 0.000 127.000 0.000
202009 -0.935 130.118 -1.100
202012 0.000 130.889 0.000
202103 -0.986 131.771 -1.145
202106 0.000 134.084 0.000
202109 -1.013 135.847 -1.141
202112 0.000 138.161 0.000
202203 -0.655 138.822 -0.722
202206 0.000 142.347 0.000
202209 -0.734 144.661 -0.776
202212 0.000 145.763 0.000
202303 -0.768 146.865 -0.800
202309 -0.798 151.492 -0.806
202312 0.000 152.924 0.000
202403 -0.828 153.035 -0.828

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.


iStreet Network  (BOM:524622) 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.


iStreet Network Cyclically Adjusted PB Ratio Related Terms

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


iStreet Network (BOM:524622) Business Description

Traded in Other Exchanges
N/A
Address
Linking Road, Unit No. 107, Sonal Industrial Estate, Kanchpada, Malad (West), Mumbai, MH, IND, 400064
iStreet Network Ltd is engaged in the digital marketing and e-commerce business. It sells products and services through its internet retail stores, iStreet Bazaar, through its platform and network stores, offers products and brands to customers in smaller towns and villages. The company operates in only one segment - Internet and Retail Catalogue.

iStreet Network (BOM:524622) Headlines

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