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Housing Development & Infrastructure (Housing Development & Infrastructure) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Housing Development & Infrastructure Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Housing Development & Infrastructure Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Housing Development & 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.

Housing Development & Infrastructure Cyclically Adjusted PB Ratio Chart

Housing Development & Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.01 0.02

Housing Development & Infrastructure Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 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 - 0.01 0.01 - 0.02

Competitive Comparison of Housing Development & Infrastructure's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Housing Development & 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.


Housing Development & Infrastructure's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Housing Development & Infrastructure's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Housing Development & Infrastructure's Cyclically Adjusted PB Ratio falls into.



Housing Development & 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.

Housing Development & Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Housing Development & Infrastructure'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)
=-6.089/153.0345*153.0345
=-6.089

Current CPI (Mar. 2024) = 153.0345.

Housing Development & Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201203 48.867 76.889 97.262
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 45.532 85.687 81.319
201306 0.000 88.365 0.000
201309 39.154 91.042 65.815
201312 0.000 91.425 0.000
201403 41.348 91.425 69.212
201406 0.000 94.103 0.000
201409 41.940 96.780 66.318
201412 0.000 96.780 0.000
201503 41.300 97.163 65.049
201506 0.000 99.841 0.000
201509 39.665 101.753 59.655
201512 0.000 102.901 0.000
201603 39.752 102.518 59.340
201606 0.000 105.961 0.000
201609 39.578 105.961 57.161
201612 0.000 105.196 0.000
201703 40.185 105.196 58.459
201706 0.000 107.109 0.000
201709 41.255 109.021 57.910
201712 0.000 109.404 0.000
201803 41.143 109.786 57.350
201806 0.000 111.317 0.000
201809 37.899 115.142 50.371
201812 0.000 115.142 0.000
201903 37.691 118.202 48.798
201906 0.000 120.880 0.000
202103 0.000 131.771 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 -6.548 138.822 -7.218
202209 -6.227 144.661 -6.587
202212 0.000 145.763 0.000
202303 -6.117 146.865 -6.374
202309 -6.068 151.492 -6.130
202312 0.000 152.924 0.000
202403 -6.089 153.035 -6.089

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.


Housing Development & Infrastructure  (GREY:HSDVY) 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.


Housing Development & Infrastructure Cyclically Adjusted PB Ratio Related Terms

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Housing Development & Infrastructure (Housing Development & Infrastructure) Business Description

Traded in Other Exchanges
Address
Anant Kanekar Marg, Station Road, 9-01, HDIL Towers, Bandra (East), Mumbai, MH, IND, 400051
Housing Development & Infrastructure Ltd is a real estate company. The company is engaged in constructing residential and commercial properties. The company also focuses on slum rehabilitation and building shopping malls.

Housing Development & Infrastructure (Housing Development & Infrastructure) Headlines