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Quasar India (BOM:538452) Cyclically Adjusted PB Ratio : 0.89 (As of Jun. 20, 2024)


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What is Quasar India Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Quasar India's current share price is ₹12.35. Quasar India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹13.87. Quasar India's Cyclically Adjusted PB Ratio for today is 0.89.

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

BOM:538452' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.61   Max: 2.73
Current: 0.9

During the past years, Quasar India's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 0.90. And the median was 1.61.

BOM:538452's Cyclically Adjusted PB Ratio is ranked worse than
52.23% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs BOM:538452: 0.90

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.

Quasar India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹14.856. 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 ₹13.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quasar India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quasar India'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.

Quasar India Cyclically Adjusted PB Ratio Chart

Quasar India 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 - - - 1.16 0.99

Quasar India 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 1.16 - 1.91 - 0.99

Competitive Comparison of Quasar India's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Quasar India'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.


Quasar India's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quasar India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Quasar India 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.

Quasar India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.35/13.87
=0.89

* 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.

Quasar India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Quasar India's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.856/153.0345*153.0345
=14.856

Current CPI (Mar. 2024) = 153.0345.

Quasar India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 10.177 96.780 16.092
201412 0.000 96.780 0.000
201503 10.288 97.163 16.204
201506 0.000 99.841 0.000
201509 10.404 101.753 15.647
201512 0.000 102.901 0.000
201603 10.422 102.518 15.557
201606 0.000 105.961 0.000
201609 10.468 105.961 15.118
201612 0.000 105.196 0.000
201703 10.442 105.196 15.191
201706 0.000 107.109 0.000
201709 10.626 109.021 14.916
201712 0.000 109.404 0.000
201803 10.417 109.786 14.521
201806 0.000 111.317 0.000
201809 10.805 115.142 14.361
201812 0.000 115.142 0.000
201903 10.434 118.202 13.509
201906 0.000 120.880 0.000
201909 10.440 123.175 12.971
201912 0.000 126.235 0.000
202003 10.332 124.705 12.679
202006 0.000 127.000 0.000
202009 10.678 130.118 12.559
202012 0.000 130.889 0.000
202103 10.308 131.771 11.971
202106 0.000 134.084 0.000
202109 10.484 135.847 11.810
202112 0.000 138.161 0.000
202203 9.967 138.822 10.987
202206 0.000 142.347 0.000
202209 10.608 144.661 11.222
202212 0.000 145.763 0.000
202303 11.859 146.865 12.357
202306 0.000 150.280 0.000
202309 14.692 151.492 14.842
202312 0.000 152.924 0.000
202403 14.856 153.035 14.856

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.


Quasar India  (BOM:538452) 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.


Quasar India Cyclically Adjusted PB Ratio Related Terms

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


Quasar India (BOM:538452) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 3, Sector-14, Rohini, 305, Third Floor, Aggarwal Plaza, New Delhi, IND, 110085
Quasar India Ltd is a trading company engaged in single-segment Agriculture Trading. It generates revenue through Agriculture Trading Sales.

Quasar India (BOM:538452) Headlines

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