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Daulat Securities (BOM:530171) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Daulat Securities Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daulat Securities Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daulat Securities'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.

Daulat Securities Cyclically Adjusted PB Ratio Chart

Daulat Securities 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 - 0.22 0.97 0.60 -

Daulat Securities 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 0.60 0.67 0.63 0.78 -

Competitive Comparison of Daulat Securities's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Daulat Securities'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.


Daulat Securities's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Daulat Securities 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.

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

For example, Daulat Securities'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)
=41.907/153.0345*153.0345
=41.907

Current CPI (Mar. 2024) = 153.0345.

Daulat Securities Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 22.646 96.780 35.809
201503 22.906 97.163 36.078
201506 23.198 99.841 35.558
201509 0.000 101.753 0.000
201512 23.068 102.901 34.307
201603 20.212 102.518 30.172
201606 0.000 105.961 0.000
201609 24.190 105.961 34.936
201612 24.510 105.196 35.656
201703 24.193 105.196 35.195
201706 24.834 107.109 35.482
201709 24.976 109.021 35.059
201712 25.452 109.404 35.602
201803 25.203 109.786 35.131
201806 24.863 111.317 34.181
201809 25.203 115.142 33.497
201812 23.439 115.142 31.153
201903 24.942 118.202 32.292
201906 24.251 120.880 30.702
201909 23.873 123.175 29.660
201912 23.783 126.235 28.832
202003 22.363 124.705 27.443
202006 23.328 127.000 28.110
202009 23.845 130.118 28.045
202012 24.884 130.889 29.094
202103 26.780 131.771 31.102
202106 30.416 134.084 34.715
202109 32.020 135.847 36.071
202112 32.291 138.161 35.767
202203 29.843 138.822 32.898
202206 30.406 142.347 32.689
202209 32.255 144.661 34.122
202212 33.461 145.763 35.130
202303 32.286 146.865 33.642
202306 33.741 150.280 34.359
202309 35.721 151.492 36.085
202312 39.038 152.924 39.066
202403 41.907 153.035 41.907

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.


Daulat Securities  (BOM:530171) 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.


Daulat Securities Cyclically Adjusted PB Ratio Related Terms

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Daulat Securities (BOM:530171) Business Description

Traded in Other Exchanges
N/A
Address
86, Canning Street, 3rd Floor, Kolkata, WB, IND, 700001
Daulat Securities Ltd is engaged in stock broking operations and Depository Participants.. It deals in the buying, selling, trading, transferring and inter-mediation of financial instruments.

Daulat Securities (BOM:530171) Headlines

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