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Shri Keshav Cements & Infra (BOM:530977) Cyclically Adjusted PB Ratio : 5.94 (As of Jun. 21, 2024)


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What is Shri Keshav Cements & Infra Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Shri Keshav Cements & Infra's current share price is ₹196.35. Shri Keshav Cements & Infra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹33.04. Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio for today is 5.94.

The historical rank and industry rank for Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:530977' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 4.03   Max: 7.71
Current: 6.04

During the past years, Shri Keshav Cements & Infra's highest Cyclically Adjusted PB Ratio was 7.71. The lowest was 1.19. And the median was 4.03.

BOM:530977's Cyclically Adjusted PB Ratio is ranked worse than
89.72% of 321 companies
in the Building Materials industry
Industry Median: 1.08 vs BOM:530977: 6.04

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.

Shri Keshav Cements & Infra's adjusted book value per share data for the three months ended in Mar. 2024 was ₹58.514. 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 ₹33.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shri Keshav Cements & Infra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shri Keshav Cements & Infra'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.

Shri Keshav Cements & Infra Cyclically Adjusted PB Ratio Chart

Shri Keshav Cements & Infra 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 - 1.24 2.38 4.14 6.61

Shri Keshav Cements & Infra 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 4.14 - 4.64 - 6.61

Competitive Comparison of Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Shri Keshav Cements & Infra'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.


Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio falls into.



Shri Keshav Cements & Infra 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.

Shri Keshav Cements & Infra's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=196.35/33.04
=5.94

* 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.

Shri Keshav Cements & Infra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shri Keshav Cements & Infra'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)
=58.514/153.0345*153.0345
=58.514

Current CPI (Mar. 2024) = 153.0345.

Shri Keshav Cements & Infra Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 29.412 96.780 46.508
201503 29.402 97.163 46.309
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 23.806 102.518 35.536
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 45.642 105.196 66.398
201706 0.000 107.109 0.000
201709 41.532 109.021 58.299
201712 0.000 109.404 0.000
201803 36.452 109.786 50.812
201806 0.000 111.317 0.000
201809 7.629 115.142 10.140
201812 0.000 115.142 0.000
201903 1.109 118.202 1.436
201906 0.000 120.880 0.000
201909 -0.521 123.175 -0.647
201912 0.000 126.235 0.000
202003 17.564 124.705 21.554
202006 0.000 127.000 0.000
202009 13.360 130.118 15.713
202012 0.000 130.889 0.000
202103 10.540 131.771 12.241
202106 0.000 134.084 0.000
202109 14.600 135.847 16.447
202112 0.000 138.161 0.000
202203 18.080 138.822 19.931
202206 0.000 142.347 0.000
202209 41.098 144.661 43.477
202212 0.000 145.763 0.000
202303 40.532 146.865 42.235
202306 0.000 150.280 0.000
202309 49.332 151.492 49.834
202312 0.000 152.924 0.000
202403 58.514 153.035 58.514

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.


Shri Keshav Cements & Infra  (BOM:530977) 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.


Shri Keshav Cements & Infra Cyclically Adjusted PB Ratio Related Terms

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Shri Keshav Cements & Infra (BOM:530977) Business Description

Traded in Other Exchanges
N/A
Address
215/2, Jyoti Tower, Karbhar Galli, Nazar Camp, 6th Cross, Madhavpur Vadgaon, Belgaum, KA, IND, 590005
Shri Keshav Cements & Infra Ltd is an Indian cement and cement products manufacturing company. It is engaged in the manufacture and sale of cement in Karnataka, Goa, and Maharashtra. Its segments include manufacturing and trading in cement, trading in coal, dealers of petrol and diesel, and solar energy generation and sale. The company generates a majority of its revenue from manufacturing and trading in the cement segment.

Shri Keshav Cements & Infra (BOM:530977) Headlines

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