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Indian Hotels Co (Indian Hotels Co) Cyclically Adjusted PB Ratio : (As of May. 12, 2024)


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What is Indian Hotels Co 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


Indian Hotels Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indian Hotels Co'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.

Indian Hotels Co Cyclically Adjusted PB Ratio Chart

Indian Hotels Co 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 - 2.44 5.91 7.82 13.05

Indian Hotels Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 - 7.82 9.42 - 13.05

Competitive Comparison of Indian Hotels Co's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Indian Hotels Co'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.


Indian Hotels Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Indian Hotels Co's Cyclically Adjusted PB Ratio falls into.



Indian Hotels Co 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.

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

For example, Indian Hotels Co'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)
=0.968/153.2548*153.2548
=0.968

Current CPI (Mar. 2024) = 153.2548.

Indian Hotels Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.536 91.425 0.898
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 0.504 97.163 0.795
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 0.390 102.518 0.583
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 0.387 105.196 0.564
201706 0.000 107.109 0.000
201709 0.369 109.021 0.519
201712 0.000 109.404 0.000
201803 0.541 109.786 0.755
201806 0.000 111.317 0.000
201809 0.489 115.142 0.651
201812 0.000 115.142 0.000
201903 0.532 118.202 0.690
201906 0.000 120.880 0.000
201909 0.484 123.175 0.602
201912 0.000 126.235 0.000
202003 0.496 124.705 0.610
202006 0.000 127.000 0.000
202009 0.426 130.118 0.502
202012 0.000 130.889 0.000
202103 0.426 131.771 0.495
202106 0.000 134.084 0.000
202109 0.375 135.847 0.423
202112 0.593 138.161 0.658
202203 0.787 138.822 0.869
202206 0.000 142.347 0.000
202209 0.761 144.661 0.806
202212 0.000 145.763 0.000
202303 0.824 146.865 0.860
202309 0.847 151.492 0.857
202312 0.000 153.255 0.000
202403 0.968 153.255 0.968

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.


Indian Hotels Co  (GREY:IDHUY) 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.


Indian Hotels Co Cyclically Adjusted PB Ratio Related Terms

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Indian Hotels Co (Indian Hotels Co) Business Description

Traded in Other Exchanges
Address
Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021
Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (Indian Hotels Co) Headlines

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