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Tarmat (BOM:532869) Cyclically Adjusted PB Ratio : (As of May. 06, 2025)


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What is Tarmat Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tarmat Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tarmat'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.

Tarmat Cyclically Adjusted PB Ratio Chart

Tarmat 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 - - 0.63 1.12 1.43

Tarmat Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 1.43 - 1.30 -

Competitive Comparison of Tarmat's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Tarmat'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.


Tarmat's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Tarmat 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.

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

For example, Tarmat'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.

Tarmat Quarterly Data

Book Value per Share CPI Adj_Book
201309 67.103 91.042 116.692
201312 0.000 91.425 0.000
201403 52.988 91.425 91.761
201406 0.000 94.103 0.000
201409 44.300 96.780 72.470
201412 39.087 96.780 63.942
201503 33.967 97.163 55.348
201506 0.000 99.841 0.000
201509 28.930 101.753 45.014
201512 0.000 102.901 0.000
201603 34.615 102.518 53.457
201606 0.000 105.961 0.000
201703 34.647 105.196 52.145
201803 35.778 109.786 51.595
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 36.305 118.202 48.628
201906 0.000 120.880 0.000
201909 36.786 123.175 47.283
201912 0.000 126.235 0.000
202003 42.117 124.705 53.471
202006 0.000 127.000 0.000
202009 43.457 130.118 52.877
202012 0.000 130.889 0.000
202103 45.977 131.771 55.242
202106 0.000 134.084 0.000
202109 47.719 135.847 55.614
202112 0.000 138.161 0.000
202203 59.224 138.822 67.544
202206 0.000 142.347 0.000
202209 59.050 144.661 64.627
202212 0.000 145.763 0.000
202303 61.331 146.865 66.116
202306 0.000 150.280 0.000
202309 61.829 151.492 64.617
202312 0.000 152.924 0.000
202403 60.822 153.035 62.924
202406 0.000 155.789 0.000
202409 71.662 157.882 71.862
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.


Tarmat  (BOM:532869) 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.


Tarmat Cyclically Adjusted PB Ratio Related Terms

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Tarmat Business Description

Industry
Traded in Other Exchanges
Address
General A. K. Vaidya Marg, Off. Film City Road, Near Wageshwari Mandir, Malad (East), Mumbai, MH, IND, 400097
Tarmat Ltd is an infrastructure construction company that is involved in the construction of airports, highways, railways, and real estate. The company's main business activities include the construction and maintenance of roads, railbeds, bridges, tunnels, and pipelines. Additionally, the company is focused on real estate development and construction activities related to railways. All of the company's operations are mainly conducted in India.

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