GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Yatra Online Inc (FRA:26Y) » Definitions » Cyclically Adjusted PB Ratio

Yatra Online (FRA:26Y) Cyclically Adjusted PB Ratio : 0.31 (As of Jun. 16, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Yatra Online Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Yatra Online's current share price is €1.07. Yatra Online's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.48. Yatra Online's Cyclically Adjusted PB Ratio for today is 0.31.

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

FRA:26Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.43   Max: 0.5
Current: 0.31

During the past years, Yatra Online's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.31. And the median was 0.43.

FRA:26Y's Cyclically Adjusted PB Ratio is ranked better than
84.38% of 621 companies
in the Travel & Leisure industry
Industry Median: 1.36 vs FRA:26Y: 0.31

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.

Yatra Online's adjusted book value per share data for the three months ended in Mar. 2024 was €0.976. 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 €3.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yatra Online Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yatra Online'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.

Yatra Online Cyclically Adjusted PB Ratio Chart

Yatra Online Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.42

Yatra Online 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 - - - 0.44 0.42

Competitive Comparison of Yatra Online's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Yatra Online'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.


Yatra Online's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yatra Online's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yatra Online 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.

Yatra Online's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.07/3.48
=0.31

* 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.

Yatra Online's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yatra Online's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.976/153.0345*153.0345
=0.976

Current CPI (Mar. 2024) = 153.0345.

Yatra Online Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.001 94.103 0.002
201409 7.615 96.780 12.041
201412 7.948 96.780 12.568
201503 8.959 97.163 14.111
201506 8.619 99.841 13.211
201509 8.587 101.753 12.915
201512 8.872 102.901 13.194
201603 8.613 102.518 12.857
201606 8.603 105.961 12.425
201609 8.352 105.961 12.062
201612 1.175 105.196 1.709
201703 1.454 105.196 2.115
201706 0.078 107.109 0.111
201709 -0.184 109.021 -0.258
201712 0.015 109.404 0.021
201803 -0.089 109.786 -0.124
201806 0.939 111.317 1.291
201809 0.857 115.142 1.139
201812 0.918 115.142 1.220
201903 0.708 118.202 0.917
201906 0.550 120.880 0.696
201909 0.436 123.175 0.542
201912 0.503 126.235 0.610
202003 0.416 124.705 0.511
202006 0.427 127.000 0.515
202009 0.367 130.118 0.432
202012 0.312 130.889 0.365
202103 0.222 131.771 0.258
202106 0.204 134.084 0.233
202109 0.198 135.847 0.223
202112 0.185 138.161 0.205
202203 0.175 138.822 0.193
202206 0.175 142.347 0.188
202209 0.170 144.661 0.180
202212 0.120 145.763 0.126
202303 0.130 146.865 0.135
202306 0.125 150.280 0.127
202309 1.005 151.492 1.015
202312 0.974 152.924 0.975
202403 0.976 153.035 0.976

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.


Yatra Online  (FRA:26Y) 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.


Yatra Online Cyclically Adjusted PB Ratio Related Terms

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


Yatra Online (FRA:26Y) Business Description

Traded in Other Exchanges
Address
Gulf Adiba, Plot No. 272, 4th Floor, Udyog Vihar, Phase-II, Sector-20, Gurugram, HR, IND, 122008
Yatra Online Inc is an Indian consumer travel platform provider and online travel agent. The company is organized into the following business segments; Air Ticketing, Hotels and Packages, and Others. It mainly provides travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services. It also involves hosting advertisements on its internet websites, the sale of rail and bus tickets, and facilitating website access to travel insurance companies. Some of its applications include Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay.

Yatra Online (FRA:26Y) Headlines

No Headlines