GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adhbhut Infrastructure Ltd (BOM:539189) » Definitions » Cyclically Adjusted PB Ratio

Adhbhut Infrastructure (BOM:539189) Cyclically Adjusted PB Ratio : 2.36 (As of Jun. 19, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Adhbhut Infrastructure Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Adhbhut Infrastructure's current share price is ₹31.95. Adhbhut Infrastructure's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹13.54. Adhbhut Infrastructure's Cyclically Adjusted PB Ratio for today is 2.36.

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

BOM:539189' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 12.17   Max: 20.88
Current: 2.29

During the past 11 years, Adhbhut Infrastructure's highest Cyclically Adjusted PB Ratio was 20.88. The lowest was 1.82. And the median was 12.17.

BOM:539189's Cyclically Adjusted PB Ratio is ranked worse than
86.4% of 1412 companies
in the Real Estate industry
Industry Median: 0.695 vs BOM:539189: 2.29

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.

Adhbhut Infrastructure's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹-5.572. 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 ₹13.54 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adhbhut Infrastructure Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adhbhut Infrastructure'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.

Adhbhut Infrastructure Cyclically Adjusted PB Ratio Chart

Adhbhut Infrastructure Annual Data
Trend Jun15 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 - - - 11.52 2.27

Adhbhut Infrastructure 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 11.52 - - - 2.27

Competitive Comparison of Adhbhut Infrastructure's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Adhbhut Infrastructure'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.


Adhbhut Infrastructure's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Adhbhut Infrastructure 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.

Adhbhut Infrastructure's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.95/13.54
=2.36

* 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.

Adhbhut Infrastructure's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Adhbhut Infrastructure'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)
=-5.572/153.0345*153.0345
=-5.572

Current CPI (Mar24) = 153.0345.

Adhbhut Infrastructure Annual Data

Book Value per Share CPI Adj_Book
201506 19.098 99.841 29.273
201603 17.550 102.518 26.198
201703 17.196 105.196 25.016
201803 17.071 109.786 23.796
201903 16.909 118.202 21.892
202003 8.742 124.705 10.728
202103 5.207 131.771 6.047
202203 4.244 138.822 4.679
202303 -6.365 146.865 -6.632
202403 -5.572 153.035 -5.572

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.


Adhbhut Infrastructure  (BOM:539189) 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.


Adhbhut Infrastructure Cyclically Adjusted PB Ratio Related Terms

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


Adhbhut Infrastructure (BOM:539189) Business Description

Traded in Other Exchanges
N/A
Address
DSC-260, South Court, DLF Saket, South Delhi, New Delhi, IND, 110017
Adhbhut Infrastructure Ltd is an Indian firm engaged in real estate development and operations in the residential, commercial, and retail sectors. It operates in a single segment which is Real Estate.

Adhbhut Infrastructure (BOM:539189) Headlines

No Headlines