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Dhanada (BOM:531198) Cyclically Adjusted PB Ratio : 0.53 (As of Jun. 05, 2024)


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What is Dhanada Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Dhanada's current share price is ₹2.30. Dhanada's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was ₹4.35. Dhanada's Cyclically Adjusted PB Ratio for today is 0.53.

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

BOM:531198's Cyclically Adjusted PB Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.385
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Dhanada's adjusted book value per share data for the three months ended in Sep. 2022 was ₹-0.672. 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 ₹4.35 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhanada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dhanada'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.

Dhanada Cyclically Adjusted PB Ratio Chart

Dhanada Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.20

Dhanada Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.18 - 1.20 - 0.91

Competitive Comparison of Dhanada's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Dhanada'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.


Dhanada's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dhanada's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dhanada 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.

Dhanada's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.30/4.35
=0.53

* 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.

Dhanada's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Dhanada's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.672/144.6611*144.6611
=-0.672

Current CPI (Sep. 2022) = 144.6611.

Dhanada Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 5.893 85.687 9.949
201306 0.000 88.365 0.000
201309 5.718 91.042 9.086
201312 0.000 91.425 0.000
201403 5.790 91.425 9.161
201406 0.000 94.103 0.000
201409 5.676 96.780 8.484
201412 0.000 96.780 0.000
201503 4.796 97.163 7.141
201506 0.000 99.841 0.000
201509 4.578 101.753 6.508
201512 0.000 102.901 0.000
201603 4.019 102.518 5.671
201606 0.000 105.961 0.000
201609 3.718 105.961 5.076
201612 0.000 105.196 0.000
201703 3.348 105.196 4.604
201706 0.000 107.109 0.000
201709 3.166 109.021 4.201
201712 0.000 109.404 0.000
201803 2.850 109.786 3.755
201806 0.000 111.317 0.000
201809 2.628 115.142 3.302
201812 0.000 115.142 0.000
201903 2.554 118.202 3.126
201906 0.000 120.880 0.000
201909 2.264 123.175 2.659
201912 0.000 126.235 0.000
202003 1.960 124.705 2.274
202006 0.000 127.000 0.000
202009 1.417 130.118 1.575
202012 0.000 130.889 0.000
202103 0.903 131.771 0.991
202106 0.000 134.084 0.000
202109 0.260 135.847 0.277
202112 0.000 138.161 0.000
202203 -0.224 138.822 -0.233
202206 0.000 142.347 0.000
202209 -0.672 144.661 -0.672

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.


Dhanada  (BOM:531198) 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.


Dhanada Cyclically Adjusted PB Ratio Related Terms

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


Dhanada (BOM:531198) Business Description

Traded in Other Exchanges
N/A
Address
5B/14, Laxminarayan Nagar, S. No. 11/12, Part Erandawane, Pune, MH, IND, 411004
Dhanada Corp Ltd is in the business of hospitality and hotel industries. Principally, it is engaged in the services of short-term accommodation and food and beverages. The company's single segment includes Hospitality. It operates VITS Aurangabad, a five-star hotel with over 100 guest rooms located in Aurangabad, central Maharashtra, India. It also provides training and e-learning services to undergraduates and postgraduates in the field of finance, marketing, human resource, operation and other critical verticals.

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