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J. Taparia Projects (BOM:538539) Cyclically Adjusted PB Ratio : 1.44 (As of Jun. 21, 2024)


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What is J. Taparia Projects Cyclically Adjusted PB Ratio?

As of today (2024-06-21), J. Taparia Projects's current share price is ₹26.94. J. Taparia Projects's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹18.67. J. Taparia Projects's Cyclically Adjusted PB Ratio for today is 1.44.

The historical rank and industry rank for J. Taparia Projects's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:538539' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.63   Max: 1.71
Current: 1.47

During the past 11 years, J. Taparia Projects's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.47. And the median was 0.63.

BOM:538539's Cyclically Adjusted PB Ratio is ranked better than
53.77% of 690 companies
in the Business Services industry
Industry Median: 1.555 vs BOM:538539: 1.47

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.

J. Taparia Projects's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹5.932. 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 ₹18.67 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


J. Taparia Projects Cyclically Adjusted PB Ratio Historical Data

The historical data trend for J. Taparia 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.

J. Taparia Projects Cyclically Adjusted PB Ratio Chart

J. Taparia Projects 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 - - - 0.47 1.57

J. Taparia Projects 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 0.47 - - - 1.57

Competitive Comparison of J. Taparia Projects's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, J. Taparia 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.


J. Taparia Projects's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, J. Taparia Projects's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



J. Taparia 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.

J. Taparia Projects's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.94/18.67
=1.44

* 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.

J. Taparia Projects's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, J. Taparia Projects'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)
=5.932/153.0345*153.0345
=5.932

Current CPI (Mar24) = 153.0345.

J. Taparia Projects Annual Data

Book Value per Share CPI Adj_Book
201503 18.524 97.163 29.176
201603 19.429 102.518 29.003
201703 10.316 105.196 15.007
201803 10.591 109.786 14.763
201903 10.195 118.202 13.199
202003 9.690 124.705 11.891
202103 9.546 131.771 11.086
202203 33.630 138.822 37.073
202303 18.783 146.865 19.572
202403 5.932 153.035 5.932

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.


J. Taparia Projects  (BOM:538539) 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.


J. Taparia Projects Cyclically Adjusted PB Ratio Related Terms

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J. Taparia Projects (BOM:538539) Business Description

Traded in Other Exchanges
N/A
Address
1 Mall Road (Khudiram Bose Sarani), 3rd Floor, Kolkata, WB, IND, 700080
J. Taparia Projects Ltd is engaged in providing services for Projects of all kinds and to undertake projects feasible to the company. The company earns revenue through business services. The company operates only in India.

J. Taparia Projects (BOM:538539) Headlines

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