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Maruti Infrastructure (BOM:531540) Cyclically Adjusted PB Ratio : 9.88 (As of Jun. 21, 2024)


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What is Maruti Infrastructure Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Maruti Infrastructure's current share price is ₹214.45. Maruti Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹21.71. Maruti Infrastructure's Cyclically Adjusted PB Ratio for today is 9.88.

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

BOM:531540' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.79   Max: 9.94
Current: 9.57

During the past years, Maruti Infrastructure's highest Cyclically Adjusted PB Ratio was 9.94. The lowest was 0.79. And the median was 2.79.

BOM:531540's Cyclically Adjusted PB Ratio is ranked worse than
96.16% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs BOM:531540: 9.57

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.

Maruti Infrastructure's adjusted book value per share data for the three months ended in Mar. 2024 was ₹20.314. 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 ₹21.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruti Infrastructure Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maruti Infrastructure'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.

Maruti Infrastructure Cyclically Adjusted PB Ratio Chart

Maruti Infrastructure 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 2.84 3.73 7.51

Maruti Infrastructure 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 3.73 - 6.36 - 7.51

Competitive Comparison of Maruti Infrastructure's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Maruti Infrastructure'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.


Maruti Infrastructure's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Maruti Infrastructure 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.

Maruti Infrastructure's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=214.45/21.71
=9.88

* 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.

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

For example, Maruti Infrastructure'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)
=20.314/153.0345*153.0345
=20.314

Current CPI (Mar. 2024) = 153.0345.

Maruti Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 15.234 96.780 24.089
201412 0.000 96.780 0.000
201503 15.568 97.163 24.520
201506 0.000 99.841 0.000
201509 15.676 101.753 23.576
201512 0.000 102.901 0.000
201603 15.873 102.518 23.694
201606 0.000 105.961 0.000
201609 16.203 105.961 23.401
201612 0.000 105.196 0.000
201703 16.161 105.196 23.510
201706 0.000 107.109 0.000
201709 16.214 109.021 22.760
201712 0.000 109.404 0.000
201803 16.576 109.786 23.106
201806 0.000 111.317 0.000
201809 16.105 115.142 21.405
201812 0.000 115.142 0.000
201903 16.748 118.202 21.683
201906 0.000 120.880 0.000
201909 16.462 123.175 20.453
201912 0.000 126.235 0.000
202003 17.259 124.705 21.180
202006 0.000 127.000 0.000
202009 16.741 130.118 19.689
202012 0.000 130.889 0.000
202103 17.827 131.771 20.704
202106 0.000 134.084 0.000
202109 17.654 135.847 19.888
202112 0.000 138.161 0.000
202203 18.240 138.822 20.107
202206 0.000 142.347 0.000
202209 18.373 144.661 19.436
202212 0.000 145.763 0.000
202303 19.150 146.865 19.955
202306 0.000 150.280 0.000
202309 20.429 151.492 20.637
202312 0.000 152.924 0.000
202403 20.314 153.035 20.314

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.


Maruti Infrastructure  (BOM:531540) 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.


Maruti Infrastructure Cyclically Adjusted PB Ratio Related Terms

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


Maruti Infrastructure (BOM:531540) Business Description

Traded in Other Exchanges
N/A
Address
S. G. Highway, 802, Surmount Building, Near Iscon Temple, Opposite Iscon Mega Mall, Ahmedabad, GJ, IND, 380 015
Maruti Infrastructure Ltd is engaged in the development and construction of infrastructure projects. The company's projects include Aaron Elegance; Ward Office Building and others. It generates revenue from the Development of Real Estate projects with the construction and Development of Infrastructure Projects.

Maruti Infrastructure (BOM:531540) Headlines

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