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Blue Dart Express (BOM:526612) Cyclically Adjusted PB Ratio : 21.07 (As of May. 15, 2024)


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What is Blue Dart Express Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Blue Dart Express's current share price is ₹7113.90. Blue Dart Express's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹337.67. Blue Dart Express's Cyclically Adjusted PB Ratio for today is 21.07.

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

BOM:526612' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.9   Med: 17.95   Max: 25.45
Current: 20.8

During the past 13 years, Blue Dart Express's highest Cyclically Adjusted PB Ratio was 25.45. The lowest was 6.90. And the median was 17.95.

BOM:526612's Cyclically Adjusted PB Ratio is ranked worse than
99.29% of 701 companies
in the Transportation industry
Industry Median: 1.25 vs BOM:526612: 20.80

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.

Blue Dart Express's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹576.229. 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 ₹337.67 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blue Dart Express Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blue Dart Express'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.

Blue Dart Express Cyclically Adjusted PB Ratio Chart

Blue Dart Express 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 7.50 19.09 22.86 19.89 18.30

Blue Dart Express Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 19.89 - - - 18.30

Competitive Comparison of Blue Dart Express's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Blue Dart Express'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.


Blue Dart Express's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Blue Dart Express's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Blue Dart Express's Cyclically Adjusted PB Ratio falls into.



Blue Dart Express 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.

Blue Dart Express's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7113.90/337.67
=21.07

* 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.

Blue Dart Express's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Blue Dart Express's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=576.229/153.2548*153.2548
=576.229

Current CPI (Mar24) = 153.2548.

Blue Dart Express Annual Data

Book Value per Share CPI Adj_Book
201503 126.063 97.163 198.839
201603 160.950 102.518 240.604
201703 181.002 105.196 263.693
201803 224.129 109.786 312.870
201903 243.477 118.202 315.680
202003 206.858 124.705 254.216
202103 249.478 131.771 290.154
202203 367.496 138.822 405.704
202303 497.119 146.865 518.749
202403 576.229 153.255 576.229

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.


Blue Dart Express  (BOM:526612) 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.


Blue Dart Express Cyclically Adjusted PB Ratio Related Terms

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


Blue Dart Express (BOM:526612) Business Description

Traded in Other Exchanges
Address
Sahar Airport Road, Blue Dart Centre, Andheri (East), Mumbai, MH, IND, 400 099
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.

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