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Twentyfirst Century Management Services (BOM:526921) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


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What is Twentyfirst Century Management Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Twentyfirst Century Management Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Twentyfirst Century Management Services'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.

Twentyfirst Century Management Services Cyclically Adjusted PB Ratio Chart

Twentyfirst Century Management Services 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 - - 0.46 0.38 0.80

Twentyfirst Century Management Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 0.36 - 0.80 -

Competitive Comparison of Twentyfirst Century Management Services's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Twentyfirst Century Management Services'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.


Twentyfirst Century Management Services's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Twentyfirst Century Management Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Twentyfirst Century Management Services's Cyclically Adjusted PB Ratio falls into.



Twentyfirst Century Management Services 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.

Twentyfirst Century Management Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Twentyfirst Century Management Services's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Twentyfirst Century Management Services Quarterly Data

Book Value per Share CPI Adj_Book
201409 50.145 96.780 80.719
201412 0.000 96.780 0.000
201503 51.996 97.163 83.369
201506 0.000 99.841 0.000
201509 57.042 101.753 87.334
201512 0.000 102.901 0.000
201603 45.253 102.518 68.767
201606 0.000 105.961 0.000
201609 55.045 105.961 80.930
201612 0.000 105.196 0.000
201703 50.748 105.196 75.155
201706 0.000 107.109 0.000
201709 40.450 109.021 57.802
201712 0.000 109.404 0.000
201803 57.884 109.786 82.138
201806 0.000 111.317 0.000
201809 45.209 115.142 61.169
201812 0.000 115.142 0.000
201903 47.708 118.202 62.879
201906 0.000 120.880 0.000
201909 42.756 123.175 54.077
201912 0.000 126.235 0.000
202003 17.432 124.705 21.777
202006 0.000 127.000 0.000
202009 15.996 130.118 19.152
202012 0.000 130.889 0.000
202103 22.337 131.771 26.408
202106 0.000 134.084 0.000
202109 60.181 135.847 69.015
202112 0.000 138.161 0.000
202203 29.030 138.822 32.578
202206 0.000 142.347 0.000
202209 28.449 144.661 30.637
202212 0.000 145.763 0.000
202303 19.714 146.865 20.912
202306 0.000 150.280 0.000
202309 23.548 151.492 24.216
202312 0.000 152.924 0.000
202403 50.730 153.035 51.643
202406 0.000 155.789 0.000

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.


Twentyfirst Century Management Services  (BOM:526921) 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.


Twentyfirst Century Management Services Cyclically Adjusted PB Ratio Related Terms

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Twentyfirst Century Management Services Business Description

Traded in Other Exchanges
Address
Zakaria Bunder Road, 1st Flooor, 2B, Grease House, Sewree (West), Mumbai, MH, IND, 400015
Twentyfirst Century Management Services Ltd is engaged in the capital markets business sector. The company is engaged in investments and trading in Capital Market and Futures & Options segment. It invests in shares and trades in shares and derivatives. The company has one business segment which is Capital Market Operations. It operates its business in the Indian market.

Twentyfirst Century Management Services Headlines

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