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ARSS Infrastructure Projects (BOM:533163) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is ARSS Infrastructure Projects Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ARSS Infrastructure Projects Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ARSS Infrastructure Projects'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.

ARSS Infrastructure Projects Cyclically Adjusted PB Ratio Chart

ARSS Infrastructure Projects Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.08 0.12 0.16

ARSS Infrastructure Projects Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.16 - 0.14 -

Competitive Comparison of ARSS Infrastructure Projects's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, ARSS Infrastructure Projects'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.


ARSS Infrastructure Projects's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



ARSS Infrastructure Projects 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.

ARSS Infrastructure Projects's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ARSS Infrastructure Projects's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

ARSS Infrastructure Projects Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201309 222.939 91.042 374.472
201312 0.000 91.425 0.000
201403 249.864 91.425 417.942
201406 0.000 94.103 0.000
201409 252.102 96.780 398.351
201412 0.000 96.780 0.000
201503 254.055 97.163 399.856
201506 0.000 99.841 0.000
201509 254.878 101.753 383.054
201512 0.000 102.901 0.000
201603 244.745 102.518 365.081
201606 0.000 105.961 0.000
201609 181.743 105.961 262.294
201612 0.000 105.196 0.000
201703 34.689 105.196 50.428
201706 0.000 107.109 0.000
201803 14.161 109.786 19.725
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 8.988 118.202 11.628
201906 0.000 120.880 0.000
201909 7.345 123.175 9.119
201912 0.000 126.235 0.000
202003 12.995 124.705 15.936
202006 0.000 127.000 0.000
202009 10.450 130.118 12.282
202012 0.000 130.889 0.000
202103 -9.853 131.771 -11.435
202106 0.000 134.084 0.000
202109 -25.652 135.847 -28.877
202112 0.000 138.161 0.000
202203 -58.411 138.822 -64.345
202206 0.000 142.347 0.000
202209 -57.014 144.661 -60.271
202212 0.000 145.763 0.000
202303 -55.809 146.865 -58.112
202306 0.000 150.280 0.000
202309 -61.909 151.492 -62.494
202312 0.000 152.924 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.


ARSS Infrastructure Projects  (BOM:533163) 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.


ARSS Infrastructure Projects Cyclically Adjusted PB Ratio Related Terms

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ARSS Infrastructure Projects (BOM:533163) Business Description

Traded in Other Exchanges
Address
ARSS Mall, Plot No-40, Community Centre, Block-A, Paschim Vihar, Opposite to Jwalaheri Market, New Delhi, IND, 110063
ARSS Infrastructure Projects Ltd is a construction company based in India. The company is engaged in the execution of contracts for various infrastructure projects including road work, bridgework, railway tracks, and irrigation projects.

ARSS Infrastructure Projects (BOM:533163) Headlines

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