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Sobha (BOM:532784) Cyclically Adjusted PB Ratio : (As of May. 31, 2025)


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What is Sobha Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sobha Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sobha'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.

Sobha Cyclically Adjusted PB Ratio Chart

Sobha Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 2.27 1.34 4.43 -

Sobha Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.43 - 5.97 - -

Competitive Comparison of Sobha's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Sobha'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.


Sobha's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sobha's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Sobha 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.

Sobha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Sobha's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=407.854/157.5517*157.5517
=407.854

Current CPI (Mar. 2025) = 157.5517.

Sobha Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 249.863 101.753 386.880
201512 0.000 102.901 0.000
201603 254.620 102.518 391.304
201606 0.000 105.961 0.000
201609 258.542 105.961 384.422
201612 0.000 105.196 0.000
201703 267.324 105.196 400.370
201706 0.000 107.109 0.000
201709 274.231 109.021 396.303
201712 277.595 109.404 399.762
201803 284.311 109.786 408.008
201806 212.101 111.317 300.197
201809 210.038 115.142 287.401
201812 217.182 115.142 297.176
201903 228.800 118.202 304.968
201906 238.140 120.880 310.386
201909 236.775 123.175 302.856
201912 244.329 126.235 304.942
202003 249.543 124.705 315.271
202006 0.000 127.000 0.000
202009 245.150 130.118 296.837
202012 247.295 130.889 297.670
202103 249.188 131.771 297.942
202106 250.344 134.084 294.159
202109 251.617 135.847 291.819
202112 0.000 138.161 0.000
202203 248.693 138.822 282.247
202206 0.000 142.347 0.000
202209 250.488 144.661 272.809
202212 0.000 145.763 0.000
202303 256.058 146.865 274.691
202306 0.000 150.280 0.000
202309 255.747 151.492 265.977
202312 0.000 152.924 0.000
202403 258.050 153.035 265.667
202406 0.000 155.789 0.000
202409 327.817 157.882 327.131
202412 0.000 158.323 0.000
202503 407.854 157.552 407.854

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.


Sobha  (BOM:532784) 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.


Sobha Cyclically Adjusted PB Ratio Related Terms

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


Sobha Business Description

Industry
Traded in Other Exchanges
Address
Sarjapur - Marathahalli Outer Ring Road, Devarabisanahalli, Bellandur Post, Bangalore, KA, IND, 560103
Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The Real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The Contractual and Manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works, and concrete products. It generates maximum revenue from the Real Estate segment.

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