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Energy Development Co (BOM:532219) Cyclically Adjusted PB Ratio : 0.78 (As of Sep. 22, 2024)


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What is Energy Development Co Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Energy Development Co's current share price is ₹24.61. Energy Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹31.45. Energy Development Co's Cyclically Adjusted PB Ratio for today is 0.78.

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

BOM:532219' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.34   Max: 0.89
Current: 0.78

During the past 13 years, Energy Development Co's highest Cyclically Adjusted PB Ratio was 0.89. The lowest was 0.08. And the median was 0.34.

BOM:532219's Cyclically Adjusted PB Ratio is ranked better than
73.39% of 436 companies
in the Utilities - Regulated industry
Industry Median: 1.475 vs BOM:532219: 0.78

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.

Energy Development Co's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹21.304. 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 ₹31.45 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Energy Development Co'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.

Energy Development Co Cyclically Adjusted PB Ratio Chart

Energy Development Co 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 0.09 0.20 0.54 0.45 0.70

Energy Development Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 0.70 -

Competitive Comparison of Energy Development Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Energy Development Co'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.


Energy Development Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energy Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Energy Development Co 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.

Energy Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.61/31.45
=0.78

* 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.

Energy Development Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Energy Development Co's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=21.304/153.0345*153.0345
=21.304

Current CPI (Mar24) = 153.0345.

Energy Development Co Annual Data

Book Value per Share CPI Adj_Book
201503 38.066 97.163 59.955
201603 29.911 102.518 44.650
201703 25.869 105.196 37.633
201803 22.834 109.786 31.829
201903 21.063 118.202 27.270
202003 19.809 124.705 24.309
202103 18.826 131.771 21.864
202203 20.868 138.822 23.004
202303 21.768 146.865 22.682
202403 21.304 153.035 21.304

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.


Energy Development Co  (BOM:532219) 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.


Energy Development Co Cyclically Adjusted PB Ratio Related Terms

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


Energy Development Co Business Description

Traded in Other Exchanges
Address
1A, Elgin Road, EDCL HOUSE, Kolkata, WB, IND, 700 020
Energy Development Co Ltd is engaged in the generation and sale of bulk power to various electricity boards; construction development, implementation, operation, and maintenance of projects and consultancies and trading of power equipment, and metals. The company's operating segment includes the generation division, contract division, and trading division. It generates maximum revenue from the generating division segment.

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