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Corporate Courier and Cargo (BOM:526737) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Corporate Courier and Cargo Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporate Courier and Cargo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Corporate Courier and Cargo'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.

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Corporate Courier and Cargo Cyclically Adjusted PB Ratio Chart

Corporate Courier and Cargo Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
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Corporate Courier and Cargo Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Corporate Courier and Cargo's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Corporate Courier and Cargo'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.


Corporate Courier and Cargo's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Corporate Courier and Cargo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Corporate Courier and Cargo's Cyclically Adjusted PB Ratio falls into.



Corporate Courier and Cargo 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.

Corporate Courier and Cargo's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Corporate Courier and Cargo's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.735/145.7628*145.7628
=0.735

Current CPI (Dec. 2022) = 145.7628.

Corporate Courier and Cargo Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 -1.902 85.687 -3.236
201306 0.000 88.365 0.000
201309 0.000 91.042 0.000
201312 0.000 91.425 0.000
201403 -1.908 91.425 -3.042
201406 0.000 94.103 0.000
201409 -1.955 96.780 -2.944
201412 -1.980 96.780 -2.982
201503 -1.987 97.163 -2.981
201506 0.000 99.841 0.000
201509 -2.052 101.753 -2.940
201512 0.000 102.901 0.000
201603 -2.285 102.518 -3.249
201609 -2.486 105.961 -3.420
201612 -2.458 105.196 -3.406
201703 -2.148 105.196 -2.976
201706 0.693 107.109 0.943
201709 0.832 109.021 1.112
201712 0.926 109.404 1.234
201803 0.918 109.786 1.219
201806 1.104 111.317 1.446
201809 0.228 115.142 0.289
201812 0.000 115.142 0.000
201903 0.497 118.202 0.613
201906 0.527 120.880 0.635
201909 0.591 123.175 0.699
201912 0.611 126.235 0.706
202003 0.495 124.705 0.579
202006 0.551 127.000 0.632
202009 0.783 130.118 0.877
202012 0.779 130.889 0.868
202103 0.868 131.771 0.960
202106 0.873 134.084 0.949
202109 1.021 135.847 1.096
202112 1.215 138.161 1.282
202203 0.796 138.822 0.836
202206 0.781 142.347 0.800
202209 0.751 144.661 0.757
202212 0.735 145.763 0.735

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.


Corporate Courier and Cargo  (BOM:526737) 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.


Corporate Courier and Cargo Cyclically Adjusted PB Ratio Related Terms

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Corporate Courier and Cargo (BOM:526737) Business Description

Traded in Other Exchanges
N/A
Address
19, Parsi Panchayat Road, Andheri (East), Mumbai, MH, IND, 400069
Corporate Courier and Cargo Ltd are engaged in providing real estate services. The company also provides logistics services and provides infrastructure services. It generates maximum revenue from logistics services. Geographically, the company operates within India.

Corporate Courier and Cargo (BOM:526737) Headlines

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