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Future Market Networks (BOM:533296) Cyclically Adjusted PB Ratio : 0.24 (As of Jun. 20, 2024)


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What is Future Market Networks Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Future Market Networks's current share price is ₹6.86. Future Market Networks's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹29.09. Future Market Networks's Cyclically Adjusted PB Ratio for today is 0.24.

The historical rank and industry rank for Future Market Networks's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:533296' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.2   Max: 0.38
Current: 0.24

During the past 13 years, Future Market Networks's highest Cyclically Adjusted PB Ratio was 0.38. The lowest was 0.10. And the median was 0.20.

BOM:533296's Cyclically Adjusted PB Ratio is ranked better than
79.69% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs BOM:533296: 0.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Future Market Networks's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹3.879. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹29.09 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Future Market Networks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Future Market Networks'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.

Future Market Networks Cyclically Adjusted PB Ratio Chart

Future Market Networks 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 0.11 0.24 0.20 0.12 0.20

Future Market Networks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.12 - - - 0.20

Competitive Comparison of Future Market Networks's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Future Market Networks'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.


Future Market Networks's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Future Market Networks 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.

Future Market Networks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.86/29.09
=0.24

* 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.

Future Market Networks's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Future Market Networks's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.879/153.0345*153.0345
=3.879

Current CPI (Mar24) = 153.0345.

Future Market Networks Annual Data

Book Value per Share CPI Adj_Book
201503 16.340 97.163 25.736
201603 35.592 102.518 53.130
201703 34.400 105.196 50.044
201803 31.782 109.786 44.302
201903 31.864 118.202 41.254
202003 29.577 124.705 36.296
202103 19.229 131.771 22.332
202203 7.268 138.822 8.012
202303 5.704 146.865 5.944
202403 3.879 153.035 3.879

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.


Future Market Networks  (BOM:533296) 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.


Future Market Networks Cyclically Adjusted PB Ratio Related Terms

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


Future Market Networks (BOM:533296) Business Description

Traded in Other Exchanges
Address
Off Jogeshwari Vikhroli Link Road, Knowledge House, Shyam Nagar, Jogeshwari (East), Mumbai, MH, IND, 400060
Future Market Networks Ltd is engaged in the business of building capacity and enabling the infrastructure for future markets. The company operates in one business segment that is Mall Management. The company has various businesses that are the Retail market, which manages and operates the shopping infrastructure; the Trade market, which provides a marketplace for buyers and sellers; and Infra logistic market, which creates a logistics market. The company also focuses on project management consultancy. Rental income generates maximum revenue for the company.

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