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BCPL Railway Infrastructure (BOM:542057) Cyclically Adjusted PB Ratio : 2.17 (As of Jun. 12, 2024)


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What is BCPL Railway Infrastructure Cyclically Adjusted PB Ratio?

As of today (2024-06-12), BCPL Railway Infrastructure's current share price is ₹92.07. BCPL Railway Infrastructure's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹42.42. BCPL Railway Infrastructure's Cyclically Adjusted PB Ratio for today is 2.17.

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

BOM:542057' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.27   Max: 2.65
Current: 1.97

During the past 11 years, BCPL Railway Infrastructure's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 0.98. And the median was 1.27.

BOM:542057's Cyclically Adjusted PB Ratio is ranked worse than
71.36% of 1271 companies
in the Construction industry
Industry Median: 1.09 vs BOM:542057: 1.97

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.

BCPL Railway Infrastructure's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹53.255. 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 ₹42.42 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCPL Railway Infrastructure Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BCPL Railway 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.

BCPL Railway Infrastructure Cyclically Adjusted PB Ratio Chart

BCPL Railway Infrastructure 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 - - - 0.98 2.23

BCPL Railway Infrastructure Quarterly Data
Mar19 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 0.98 - - - 2.23

Competitive Comparison of BCPL Railway Infrastructure's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, BCPL Railway 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.


BCPL Railway Infrastructure's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



BCPL Railway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=92.07/42.42
=2.17

* 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.

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

For example, BCPL Railway 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)
=53.255/153.0345*153.0345
=53.255

Current CPI (Mar24) = 153.0345.

BCPL Railway Infrastructure Annual Data

Book Value per Share CPI Adj_Book
201503 18.593 97.163 29.285
201603 19.168 102.518 28.613
201703 19.929 105.196 28.992
201803 29.833 109.786 41.585
201903 33.988 118.202 44.004
202003 37.526 124.705 46.051
202103 42.156 131.771 48.959
202203 46.102 138.822 50.822
202303 50.482 146.865 52.603
202403 53.255 153.035 53.255

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.


BCPL Railway Infrastructure  (BOM:542057) 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.


BCPL Railway Infrastructure Cyclically Adjusted PB Ratio Related Terms

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BCPL Railway Infrastructure (BOM:542057) Business Description

Traded in Other Exchanges
N/A
Address
112, Raja Ram Mohan Roy Sarani, Ground Floor, Kolkata, WB, IND, 700 009
BCPL Railway Infrastructure Ltd is engaged in the field of Railway Infrastructure development, involving design, drawing, supply, erection, and commissioning of single-phase traction overhead equipment. The company is primarily engaged in Engineering, Procurement, and Construction business (EPC) relating to Railway Overhead Electrification projects and systems and related activities for power transmission, distribution. Its segment includes Railway Overhead Electrification and Merchant Exports. The company generates maximum revenue from the Railway Overhead Electrification segment.

BCPL Railway Infrastructure (BOM:542057) Headlines

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