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Astra Microwave Products (BOM:532493) Cyclically Adjusted PB Ratio : 13.02 (As of Jun. 14, 2024)


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What is Astra Microwave Products Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Astra Microwave Products's current share price is ₹927.35. Astra Microwave Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹71.25. Astra Microwave Products's Cyclically Adjusted PB Ratio for today is 13.02.

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

BOM:532493' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.69   Med: 5.53   Max: 12.12
Current: 11.3

During the past years, Astra Microwave Products's highest Cyclically Adjusted PB Ratio was 12.12. The lowest was 3.69. And the median was 5.53.

BOM:532493's Cyclically Adjusted PB Ratio is ranked worse than
96.79% of 1902 companies
in the Hardware industry
Industry Median: 1.66 vs BOM:532493: 11.30

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.

Astra Microwave Products's adjusted book value per share data for the three months ended in Mar. 2024 was ₹101.763. 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 ₹71.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astra Microwave Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Astra Microwave Products'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.

Astra Microwave Products Cyclically Adjusted PB Ratio Chart

Astra Microwave Products 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 - - 4.32 3.69 8.36

Astra Microwave Products 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 3.69 - 6.36 - 8.36

Competitive Comparison of Astra Microwave Products's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Astra Microwave Products'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.


Astra Microwave Products's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Astra Microwave Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Astra Microwave Products's Cyclically Adjusted PB Ratio falls into.



Astra Microwave Products 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.

Astra Microwave Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=927.35/71.25
=13.02

* 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.

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

For example, Astra Microwave Products'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)
=101.763/153.0345*153.0345
=101.763

Current CPI (Mar. 2024) = 153.0345.

Astra Microwave Products Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 24.550 85.687 43.846
201306 0.000 88.365 0.000
201309 26.232 91.042 44.094
201312 0.000 91.425 0.000
201403 29.476 91.425 49.339
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 35.664 97.163 56.172
201506 0.000 99.841 0.000
201603 46.765 102.518 69.809
201703 51.950 105.196 75.575
201803 57.849 109.786 80.637
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 57.679 118.202 74.676
201906 0.000 120.880 0.000
201909 58.681 123.175 72.906
201912 0.000 126.235 0.000
202003 62.365 124.705 76.533
202006 0.000 127.000 0.000
202009 60.236 130.118 70.845
202012 0.000 130.889 0.000
202103 64.507 131.771 74.917
202106 0.000 134.084 0.000
202109 65.180 135.847 73.427
202112 0.000 138.161 0.000
202203 67.611 138.822 74.533
202206 0.000 142.347 0.000
202209 69.621 144.661 73.651
202212 0.000 145.763 0.000
202303 74.196 146.865 77.313
202306 0.000 150.280 0.000
202309 91.578 151.492 92.510
202312 0.000 152.924 0.000
202403 101.763 153.035 101.763

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.


Astra Microwave Products  (BOM:532493) 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.


Astra Microwave Products Cyclically Adjusted PB Ratio Related Terms

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


Astra Microwave Products (BOM:532493) Business Description

Traded in Other Exchanges
Address
Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

Astra Microwave Products (BOM:532493) Headlines

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