MPS Infotecnics (BOM:532411) Cyclically Adjusted PB Ratio : 0.29 (As of Jun. 20, 2024)

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What is MPS Infotecnics Cyclically Adjusted PB Ratio?

As of today (2024-06-20), MPS Infotecnics's current share price is ₹0.43. MPS Infotecnics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹1.47. MPS Infotecnics's Cyclically Adjusted PB Ratio for today is 0.29.

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

BOM:532411' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 0.53
Current: 0.31

During the past years, MPS Infotecnics's highest Cyclically Adjusted PB Ratio was 0.53. The lowest was 0.07. And the median was 0.10.

BOM:532411's Cyclically Adjusted PB Ratio is ranked better than
92.77% of 1425 companies
in the Software industry
Industry Median: 2.52 vs BOM:532411: 0.31

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.

MPS Infotecnics's adjusted book value per share data for the three months ended in Mar. 2024 was ₹1.143. 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 ₹1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

MPS Infotecnics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MPS Infotecnics'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.

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MPS Infotecnics Cyclically Adjusted PB Ratio Chart

MPS Infotecnics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted PB Ratio

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0.08

0.09

0.77

0.27

0.32

MPS Infotecnics 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															0.27	-	0.32	-	0.32

Competitive Comparison of MPS Infotecnics's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, MPS Infotecnics'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.

MPS Infotecnics's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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

MPS Infotecnics 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.

MPS Infotecnics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.43	/	1.47
	=	0.29

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

For example, MPS Infotecnics'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)
	=	1.143	/	153.0345	*	153.0345
	=	1.143

Current CPI (Mar. 2024) = 153.0345.

MPS Infotecnics Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	0.000	94.103	0.000
201409	0.000	96.780	0.000
201412	0.000	96.780	0.000
201503	1.181	97.163	1.860
201506	0.000	99.841	0.000
201509	0.000	101.753	0.000
201512	0.000	102.901	0.000
201603	1.182	102.518	1.764
201606	0.000	105.961	0.000
201609	1.182	105.961	1.707
201612	0.000	105.196	0.000
201703	1.179	105.196	1.715
201706	0.000	107.109	0.000
201709	1.169	109.021	1.641
201712	0.000	109.404	0.000
201803	1.216	109.786	1.695
201806	0.000	111.317	0.000
201809	1.208	115.142	1.606
201812	0.000	115.142	0.000
201903	1.194	118.202	1.546
201906	0.000	120.880	0.000
201909	1.181	123.175	1.467
201912	0.000	126.235	0.000
202003	1.187	124.705	1.457
202006	0.000	127.000	0.000
202009	1.179	130.118	1.387
202012	0.000	130.889	0.000
202103	1.172	131.771	1.361
202106	0.000	134.084	0.000
202109	1.165	135.847	1.312
202112	0.000	138.161	0.000
202203	1.162	138.822	1.281
202206	0.000	142.347	0.000
202209	1.157	144.661	1.224
202212	0.000	145.763	0.000
202303	1.152	146.865	1.200
202306	0.000	150.280	0.000
202309	1.148	151.492	1.160
202312	0.000	152.924	0.000
202403	1.143	153.035	1.143

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.

MPS Infotecnics (BOM:532411) 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.

MPS Infotecnics Cyclically Adjusted PB Ratio Related Terms

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

MPS Infotecnics (BOM:532411) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MPS Infotecnics Ltd (BOM:532411) » Definitions » Cyclically Adjusted PB Ratio

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VISESHINFO:India

Address

19, Barakhamba Road, 703, Arunachal Building, Connaught Place, New Delhi, IND, 110001

Website

https://www.mpsinfotec.com

MPS Infotecnics Ltd is operating in India. It is engaged in IT Solutions & Products, IT Enabled Services and Telecommunication. IT Solutions & Products, which comprise of Computer Hardware and peripherals, System Integration and Networking Solutions (Including Hardware), Enterprise Software, Trading of UID Kit. IT Enabled Services comprising of domain registration, web hosting, value-added services, site builder tool, site design, consulting services, and infrastructure services. Telecommunication comprising of VAS & Bill Payments, Trading in Air time and other mobile application.

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