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Vedavaag Systems (BOM:533056) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Vedavaag Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vedavaag Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vedavaag Systems'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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Vedavaag Systems Cyclically Adjusted PB Ratio Chart

Vedavaag Systems 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 - 0.59 1.16 0.71 0.85

Vedavaag Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 0.90 - 0.85 -

Competitive Comparison of Vedavaag Systems's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Vedavaag Systems'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.


Vedavaag Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Vedavaag Systems 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.

Vedavaag Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Vedavaag Systems's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Vedavaag Systems Quarterly Data

Book Value per Share CPI Adj_Book
201409 35.664 96.780 57.409
201412 0.000 96.780 0.000
201503 24.144 97.163 38.712
201506 0.000 99.841 0.000
201509 25.980 101.753 39.777
201512 0.000 102.901 0.000
201603 27.379 102.518 41.606
201606 0.000 105.961 0.000
201609 28.989 105.961 42.621
201612 0.000 105.196 0.000
201703 40.824 105.196 60.458
201706 0.000 107.109 0.000
201709 45.187 109.021 64.571
201712 0.000 109.404 0.000
201803 48.956 109.786 69.469
201806 0.000 111.317 0.000
201809 44.881 115.142 60.725
201812 0.000 115.142 0.000
201903 46.102 118.202 60.762
201906 0.000 120.880 0.000
201909 47.872 123.175 60.547
201912 0.000 126.235 0.000
202003 47.827 124.705 59.748
202006 0.000 127.000 0.000
202009 45.988 130.118 55.061
202012 0.000 130.889 0.000
202103 50.274 131.771 59.438
202106 0.000 134.084 0.000
202109 52.307 135.847 59.985
202112 0.000 138.161 0.000
202203 52.966 138.822 59.440
202206 0.000 142.347 0.000
202209 55.427 144.661 59.691
202212 0.000 145.763 0.000
202303 55.479 146.865 58.850
202306 0.000 150.280 0.000
202309 57.433 151.492 59.062
202312 0.000 152.924 0.000
202403 58.228 153.035 59.276
202406 0.000 155.789 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.


Vedavaag Systems  (BOM:533056) 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.


Vedavaag Systems Cyclically Adjusted PB Ratio Related Terms

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Vedavaag Systems Business Description

Traded in Other Exchanges
N/A
Address
1-90-8/13, B Block, 103, West Block, Sirisai Orchid, 1st Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500081
Vedavaag Systems Ltd is an India based company engaged in providing information technology sales and services. The company is focusing on three key areas - E-Governance and Citizen Services, Banking, Finance and Insurance Services, and Infra services for Telecom. The company's business verticals include E-Governance Solutions Financial Inclusion System Integrator, Rural Healthcare, and Rural Retail.

Vedavaag Systems Headlines

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