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Cochin Shipyard (BOM:540678) Cyclically Adjusted PB Ratio : 11.77 (As of Sep. 21, 2024)


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What is Cochin Shipyard Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Cochin Shipyard's current share price is ₹1846.55. Cochin Shipyard's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹156.90. Cochin Shipyard's Cyclically Adjusted PB Ratio for today is 11.77.

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

BOM:540678' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.7   Max: 14.1
Current: 11.58

During the past 13 years, Cochin Shipyard's highest Cyclically Adjusted PB Ratio was 14.10. The lowest was 1.18. And the median was 1.70.

BOM:540678's Cyclically Adjusted PB Ratio is ranked worse than
91.26% of 183 companies
in the Aerospace & Defense industry
Industry Median: 2.45 vs BOM:540678: 11.58

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.

Cochin Shipyard's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹190.182. 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 ₹156.90 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cochin Shipyard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard Cyclically Adjusted PB Ratio Chart

Cochin Shipyard 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 - 1.66 1.15 1.66 5.56

Cochin Shipyard Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 5.56 -

Competitive Comparison of Cochin Shipyard's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cochin Shipyard 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.

Cochin Shipyard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1846.55/156.9
=11.77

* 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.

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

For example, Cochin Shipyard'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)
=190.182/153.0345*153.0345
=190.182

Current CPI (Mar24) = 153.0345.

Cochin Shipyard Annual Data

Book Value per Share CPI Adj_Book
201503 68.998 97.163 108.674
201603 80.073 102.518 119.529
201703 74.708 105.196 108.682
201803 119.743 109.786 166.913
201903 126.525 118.202 163.810
202003 141.511 124.705 173.658
202103 153.316 131.771 178.057
202203 166.990 138.822 184.087
202303 168.300 146.865 175.370
202403 190.182 153.035 190.182

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.


Cochin Shipyard  (BOM:540678) 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.


Cochin Shipyard Cyclically Adjusted PB Ratio Related Terms

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


Cochin Shipyard Business Description

Traded in Other Exchanges
Address
Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard Headlines

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