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Fraser and Co (BOM:539032) Cyclically Adjusted PB Ratio : 0.61 (As of Jun. 15, 2024)


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What is Fraser and Co Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Fraser and Co's current share price is ₹4.77. Fraser and Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹7.76. Fraser and Co's Cyclically Adjusted PB Ratio for today is 0.61.

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

BOM:539032' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.67   Max: 0.68
Current: 0.62

During the past years, Fraser and Co's highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.62. And the median was 0.67.

BOM:539032's Cyclically Adjusted PB Ratio is ranked better than
72.26% of 1276 companies
in the Construction industry
Industry Median: 1.08 vs BOM:539032: 0.62

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.

Fraser and Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₹8.550. 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 ₹7.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraser and Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fraser and Co'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.

Fraser and Co Cyclically Adjusted PB Ratio Chart

Fraser and Co 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 - - - - 0.62

Fraser and Co 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 - - - - 0.62

Competitive Comparison of Fraser and Co's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Fraser and Co'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.


Fraser and Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Fraser and Co's Cyclically Adjusted PB Ratio falls into.



Fraser and Co 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.

Fraser and Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.77/7.76
=0.61

* 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.

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

For example, Fraser and Co'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)
=8.55/153.0345*153.0345
=8.550

Current CPI (Mar. 2024) = 153.0345.

Fraser and Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 4.106 97.163 6.467
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 4.176 102.518 6.234
201606 0.000 105.961 0.000
201609 4.179 105.961 6.036
201612 0.000 105.196 0.000
201703 4.107 105.196 5.975
201706 0.000 107.109 0.000
201709 3.962 109.021 5.562
201712 0.000 109.404 0.000
201803 3.888 109.786 5.420
201806 0.000 111.317 0.000
201809 3.933 115.142 5.227
201812 0.000 115.142 0.000
201903 5.824 118.202 7.540
201906 0.000 120.880 0.000
201909 6.829 123.175 8.484
201912 0.000 126.235 0.000
202003 6.705 124.705 8.228
202006 0.000 127.000 0.000
202009 6.825 130.118 8.027
202012 0.000 130.889 0.000
202103 8.000 131.771 9.291
202106 0.000 134.084 0.000
202109 8.852 135.847 9.972
202112 0.000 138.161 0.000
202203 9.427 138.822 10.392
202206 0.000 142.347 0.000
202209 9.667 144.661 10.227
202212 0.000 145.763 0.000
202303 9.849 146.865 10.263
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 8.550 153.035 8.550

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.


Fraser and Co  (BOM:539032) 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.


Fraser and Co Cyclically Adjusted PB Ratio Related Terms

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


Fraser and Co (BOM:539032) Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 75, Building No. 75, B Wing, Evershine Helio CHS Ltd, Emp, Thakur Village, Kandivali (East), Mumbai, MH, IND, 400101
Fraser and Co Ltd is an Indian firm engaged in the supply of construction and real estate related materials. The company trades in LED Lights, Safety equipment, Solar panels, and Hardware used at construction sites. It serves BMC offices; Government offices, schools and colleges. Substantial revenue accrues from domestic sales.

Fraser and Co (BOM:539032) Headlines

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