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Jaiprakash Associates (BOM:532532) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2025)


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What is Jaiprakash Associates Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaiprakash Associates Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jaiprakash Associates'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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Jaiprakash Associates Cyclically Adjusted PB Ratio Chart

Jaiprakash Associates Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Jaiprakash Associates Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Jaiprakash Associates's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Jaiprakash Associates'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.


Jaiprakash Associates's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jaiprakash Associates's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Jaiprakash Associates 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.

Jaiprakash Associates's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Jaiprakash Associates's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Jaiprakash Associates Quarterly Data

Book Value per Share CPI Adj_Book
200603 16.156 45.521 56.191
200703 17.810 48.581 58.041
200803 28.323 52.407 85.565
200903 37.148 56.615 103.884
201003 41.655 65.030 101.413
201103 52.224 70.768 116.836
201203 55.610 76.889 114.508
201303 56.568 85.687 104.520
201403 46.281 91.425 80.146
201503 57.171 97.163 93.158
201603 51.457 102.518 79.467
201703 15.664 105.196 23.575
201803 19.118 109.786 27.570
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 4.493 118.202 6.018
201906 0.000 120.880 0.000
201909 -0.436 123.175 -0.560
201912 0.000 126.235 0.000
202003 8.970 124.705 11.388
202006 0.000 127.000 0.000
202009 5.751 130.118 6.998
202012 0.000 130.889 0.000
202103 6.391 131.771 7.679
202106 0.000 134.084 0.000
202109 3.951 135.847 4.605
202112 0.000 138.161 0.000
202203 0.345 138.822 0.393
202206 0.000 142.347 0.000
202209 -2.547 144.661 -2.788
202212 0.000 145.763 0.000
202303 -5.098 146.865 -5.496
202306 0.000 150.280 0.000
202309 -6.836 151.492 -7.144
202312 0.000 152.924 0.000
202403 -10.569 153.035 -10.934
202406 0.000 155.789 0.000
202409 -15.933 157.882 -15.977
202412 0.000 158.323 0.000

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.


Jaiprakash Associates  (BOM:532532) 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.


Jaiprakash Associates Cyclically Adjusted PB Ratio Related Terms

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Jaiprakash Associates Business Description

Traded in Other Exchanges
Address
Site-IV Industrial Area, 64/4, Sahibabad, Ghaziabad, UP, IND, 201010
Jaiprakash Associates Ltd is a Conglomerate that is engaged in segments namely: Construction; Cement; Hotel / Hospitality & Golf Course; Real Estate; Power; Investments and Others. It derives maximum revenue from Construction segment, that involves Civil Engineering Construction/EPC Contracts / Expressways.

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