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Asian Hotels (West) (BOM:533221) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Asian Hotels (West) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Hotels (West) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asian Hotels (West)'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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Asian Hotels (West) Cyclically Adjusted PB Ratio Chart

Asian Hotels (West) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PB Ratio
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Asian Hotels (West) Quarterly Data
Jun13 Mar14 Mar15 Mar16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of Asian Hotels (West)'s Cyclically Adjusted PB Ratio

For the Lodging subindustry, Asian Hotels (West)'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.


Asian Hotels (West)'s Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asian Hotels (West)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Hotels (West)'s Cyclically Adjusted PB Ratio falls into.



Asian Hotels (West) 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.

Asian Hotels (West)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Asian Hotels (West)'s adjusted Book Value per Share data for the fiscal year that ended in Mar20 was:

Adj_Book=Book Value per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=95.119/124.7051*124.7051
=95.119

Current CPI (Mar20) = 124.7051.

Asian Hotels (West) Annual Data

Book Value per Share CPI Adj_Book
201103 262.389 70.768 462.372
201203 272.661 76.889 442.226
201303 268.002 85.687 390.038
201403 260.952 91.425 355.943
201503 197.692 97.163 253.731
201603 141.384 102.518 171.982
201703 118.383 105.196 140.338
201803 109.397 109.786 124.263
201903 104.578 118.202 110.331
202003 95.119 124.705 95.119

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.


Asian Hotels (West)  (BOM:533221) 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.


Asian Hotels (West) Cyclically Adjusted PB Ratio Related Terms

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Asian Hotels (West) (BOM:533221) Business Description

Traded in Other Exchanges
N/A
Address
Aria Tower, J.W Marriott, 6th Floor, New Delhi Aero City, Asset Area 4, Hospitality District, Near IGI Airport, New Delhi, IND, 110037
Asian Hotels (West) Ltd is an Indian-based company involved in hotel business sector. The company operates in one business segment that is Hotel Business. Their property consists of Hotel Hyatt Regency in Mumbai and JW Marriott Hotel in New Delhi. The company offers Rooms, Wines and Liquor, Food, Beverages, Smokes, and Banquets out of which sale of rooms generate maximum revenue for the company. They also offer ayurvedic services, body scrubs, and eye treatment in their hotels.

Asian Hotels (West) (BOM:533221) Headlines

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