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Assam Entrade (BOM:542911) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 20, 2024)


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What is Assam Entrade Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Assam Entrade's current share price is ₹334.25. Assam Entrade's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹465.03. Assam Entrade's Cyclically Adjusted PB Ratio for today is 0.72.

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

BOM:542911' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.83   Max: 1.37
Current: 0.76

During the past 12 years, Assam Entrade's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.66. And the median was 0.83.

BOM:542911's Cyclically Adjusted PB Ratio is ranked better than
67.82% of 637 companies
in the Capital Markets industry
Industry Median: 1.16 vs BOM:542911: 0.76

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.

Assam Entrade's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹432.185. 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 ₹465.03 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assam Entrade Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Assam Entrade'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.

Assam Entrade Cyclically Adjusted PB Ratio Chart

Assam Entrade 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 - - 1.15 0.66 1.37

Assam Entrade 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 0.66 - - - 1.37

Competitive Comparison of Assam Entrade's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Assam Entrade'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.


Assam Entrade's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Assam Entrade's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Assam Entrade 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.

Assam Entrade's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=334.25/465.03
=0.72

* 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.

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

For example, Assam Entrade'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)
=432.185/153.0345*153.0345
=432.185

Current CPI (Mar24) = 153.0345.

Assam Entrade Annual Data

Book Value per Share CPI Adj_Book
201503 316.036 97.163 497.766
201603 323.477 102.518 482.871
201703 328.065 105.196 477.254
201803 338.381 109.786 471.679
201903 353.165 118.202 457.237
202003 387.102 124.705 475.040
202103 396.907 131.771 460.956
202203 412.470 138.822 454.699
202303 422.807 146.865 440.569
202403 432.185 153.035 432.185

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.


Assam Entrade  (BOM:542911) 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.


Assam Entrade Cyclically Adjusted PB Ratio Related Terms

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


Assam Entrade (BOM:542911) Business Description

Traded in Other Exchanges
N/A
Address
26/49, Birhana Road, Kanpur, UP, IND, 208 001
Assam Entrade Ltd is a non-banking financial company. The company is engaged in the business of loans and advances, and dealing in shares, securities, debentures/bonds, and/or any other instruments, trading in mutual funds units.

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