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GlobalSpace Technologies (BOM:540654) Cyclically Adjusted PB Ratio : 1.43 (As of Jun. 19, 2024)


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What is GlobalSpace Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-19), GlobalSpace Technologies's current share price is ₹18.26. GlobalSpace Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹12.74. GlobalSpace Technologies's Cyclically Adjusted PB Ratio for today is 1.43.

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

BOM:540654' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.64   Max: 3.02
Current: 1.45

During the past 12 years, GlobalSpace Technologies's highest Cyclically Adjusted PB Ratio was 3.02. The lowest was 1.32. And the median was 1.64.

BOM:540654's Cyclically Adjusted PB Ratio is ranked better than
68.91% of 1425 companies
in the Software industry
Industry Median: 2.5 vs BOM:540654: 1.45

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.

GlobalSpace Technologies's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹16.412. 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 ₹12.74 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlobalSpace Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GlobalSpace Technologies'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.

GlobalSpace Technologies Cyclically Adjusted PB Ratio Chart

GlobalSpace Technologies 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 - - 2.66 1.32 1.45

GlobalSpace Technologies Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 1.32 - 1.45

Competitive Comparison of GlobalSpace Technologies's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, GlobalSpace Technologies'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.


GlobalSpace Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, GlobalSpace Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GlobalSpace Technologies 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.

GlobalSpace Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.26/12.74
=1.43

* 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.

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

For example, GlobalSpace Technologies'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)
=16.412/153.0345*153.0345
=16.412

Current CPI (Mar24) = 153.0345.

GlobalSpace Technologies Annual Data

Book Value per Share CPI Adj_Book
201503 1.915 97.163 3.016
201603 2.909 102.518 4.342
201703 4.284 105.196 6.232
201803 13.455 109.786 18.755
201903 10.956 118.202 14.185
202003 12.275 124.705 15.064
202103 15.111 131.771 17.549
202203 14.743 138.822 16.252
202303 14.950 146.865 15.578
202403 16.412 153.035 16.412

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.


GlobalSpace Technologies  (BOM:540654) 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.


GlobalSpace Technologies Cyclically Adjusted PB Ratio Related Terms

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


GlobalSpace Technologies (BOM:540654) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 605, A-1, B-Wing, Rupa Solitaire Building, 6th Floor, Sec-1, Millennium Business Park, MIDC, Mahape, Navi Mumbai, MH, IND, 400710
GlobalSpace Technologies Ltd is a software product company and an enterprise mobility solutions provider. The company provides technology-enabled business enhancement solutions. It serves pharma; BSFI; Education and other enterprises, Mobiles development, Website development, ERP software development, etc. The company generates revenue from the sale of products including accessories, Software, Professional fees, and others.

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