Kretto Syscon (BOM:531328) Cyclically Adjusted PB Ratio : 0.95 (As of Jun. 20, 2024)

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What is Kretto Syscon Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Kretto Syscon's current share price is ₹1.18. Kretto Syscon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹1.24. Kretto Syscon's Cyclically Adjusted PB Ratio for today is 0.95.

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

BOM:531328' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.65 Max: 1.09
Current: 0.95

During the past years, Kretto Syscon's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.58. And the median was 0.65.

BOM:531328's Cyclically Adjusted PB Ratio is ranked better than
55.68% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs BOM:531328: 0.95

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.

Kretto Syscon's adjusted book value per share data for the three months ended in Mar. 2024 was ₹1.066. 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 ₹1.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Kretto Syscon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kretto Syscon'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.

Kretto Syscon Cyclically Adjusted PB Ratio Chart

Kretto Syscon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted PB Ratio

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0.57

0.92

0.44

0.65

Kretto Syscon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	0.44	-	-	0.65

Competitive Comparison of Kretto Syscon's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, Kretto Syscon'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.

Kretto Syscon's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kretto Syscon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Kretto Syscon 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.

Kretto Syscon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	1.18	/	1.24
	=	0.95

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

For example, Kretto Syscon'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)
	=	1.066	/	153.0345	*	153.0345
	=	1.066

Current CPI (Mar. 2024) = 153.0345.

Kretto Syscon Quarterly Data

	Book Value per Share	CPI	Adj_Book
201403	-0.004	91.425	-0.007
201406	0.000	94.103	0.000
201409	0.000	96.780	0.000
201412	0.000	96.780	0.000
201503	1.024	97.163	1.613
201506	0.000	99.841	0.000
201509	0.995	101.753	1.496
201512	0.000	102.901	0.000
201603	1.002	102.518	1.496
201606	0.000	105.961	0.000
201609	1.006	105.961	1.453
201612	0.974	105.196	1.417
201703	0.979	105.196	1.424
201706	0.000	107.109	0.000
201709	0.979	109.021	1.374
201712	0.000	109.404	0.000
201803	0.992	109.786	1.383
201806	0.000	111.317	0.000
201809	0.992	115.142	1.318
201812	0.000	115.142	0.000
201903	1.009	118.202	1.306
201906	0.000	120.880	0.000
201909	1.015	123.175	1.261
201912	0.000	126.235	0.000
202003	1.012	124.705	1.242
202006	0.000	127.000	0.000
202009	1.017	130.118	1.196
202012	0.000	130.889	0.000
202103	1.027	131.771	1.193
202106	0.000	134.084	0.000
202109	1.030	135.847	1.160
202112	0.000	138.161	0.000
202203	1.038	138.822	1.144
202206	0.000	142.347	0.000
202209	1.042	144.661	1.102
202212	0.000	145.763	0.000
202303	1.050	146.865	1.094
202306	0.000	150.280	0.000
202312	0.000	152.924	0.000
202403	1.066	153.035	1.066

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.

Kretto Syscon (BOM:531328) 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.

Kretto Syscon Cyclically Adjusted PB Ratio Related Terms

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

Kretto Syscon (BOM:531328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kretto Syscon Ltd (BOM:531328) » Definitions » Cyclically Adjusted PB Ratio

Traded in Other Exchanges

N/A

Address

S.G. Highway, A-401, Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, Ahmedabad, GJ, IND, 380054

Website

https://www.krettosysconltd.com

Kretto Syscon Ltd is an India-based company. It develops, provides, undertakes, design, import, export, distribute and deal in Systems and application software for microprocessor-based information systems, offshore software development projects, internet service provider, and solutions in all areas of application.

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