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Omni AX's Software (BOM:532340) Cyclically Adjusted PB Ratio : 0.44 (As of Jan. 19, 2025)


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What is Omni AX's Software Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Omni AX's Software's current share price is ₹4.00. Omni AX's Software's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹9.02. Omni AX's Software's Cyclically Adjusted PB Ratio for today is 0.44.

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

BOM:532340' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.37   Max: 0.47
Current: 0.44

During the past years, Omni AX's Software's highest Cyclically Adjusted PB Ratio was 0.47. The lowest was 0.25. And the median was 0.37.

BOM:532340's Cyclically Adjusted PB Ratio is ranked better than
89.18% of 1349 companies
in the Software industry
Industry Median: 2.71 vs BOM:532340: 0.44

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.

Omni AX's Software's adjusted book value per share data for the three months ended in Sep. 2024 was ₹6.697. 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 ₹9.02 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Omni AX's Software Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Omni AX's Software'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.

Omni AX's Software Cyclically Adjusted PB Ratio Chart

Omni AX's Software 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 - 0.17 0.44 0.25 0.34

Omni AX's Software Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.39 - 0.34 - 0.39

Competitive Comparison of Omni AX's Software's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Omni AX's Software'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.


Omni AX's Software's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Omni AX's Software's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Omni AX's Software 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.

Omni AX's Software's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.00/9.02
=0.44

* 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.

Omni AX's Software's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Omni AX's Software's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.697/157.8822*157.8822
=6.697

Current CPI (Sep. 2024) = 157.8822.

Omni AX's Software Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 7.346 97.163 11.937
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 7.319 102.518 11.272
201606 0.000 105.961 0.000
201609 7.286 105.961 10.856
201612 0.000 105.196 0.000
201703 7.255 105.196 10.889
201706 0.000 107.109 0.000
201709 7.210 109.021 10.441
201712 0.000 109.404 0.000
201803 7.221 109.786 10.384
201806 0.000 111.317 0.000
201809 7.210 115.142 9.886
201812 0.000 115.142 0.000
201903 7.172 118.202 9.580
201906 0.000 120.880 0.000
201909 7.114 123.175 9.119
201912 0.000 126.235 0.000
202003 7.074 124.705 8.956
202006 0.000 127.000 0.000
202009 7.016 130.118 8.513
202012 0.000 130.889 0.000
202103 6.979 131.771 8.362
202106 0.000 134.084 0.000
202109 6.917 135.847 8.039
202112 0.000 138.161 0.000
202203 6.881 138.822 7.826
202206 0.000 142.347 0.000
202209 6.808 144.661 7.430
202212 0.000 145.763 0.000
202303 6.791 146.865 7.300
202306 0.000 150.280 0.000
202309 6.734 151.492 7.018
202312 0.000 152.924 0.000
202403 6.735 153.035 6.948
202406 0.000 155.789 0.000
202409 6.697 157.882 6.697

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.


Omni AX's Software  (BOM:532340) 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.


Omni AX's Software Cyclically Adjusted PB Ratio Related Terms

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


Omni AX's Software Business Description

Traded in Other Exchanges
N/A
Address
Dr. Ranga Road, New No.32, Old No. 106, 1st Floor, Mylapore, Chennai, TN, IND, 600004
Omni AX's Software Ltd is an India-based software service provider engaged in the development of computer software. The company provides services to large houses that offer technology and other research and development services globally. It also provides offshore outsourcing, software development outsourcing, custom application development, outsourced product development, e-commerce, and wireless/mobile solutions to help businesses succeed.

Omni AX's Software Headlines

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