GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jahangir Siddiqui & Co Ltd (KAR:JSCL) » Definitions » Cyclically Adjusted PB Ratio

Jahangir Siddiqui (KAR:JSCL) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 23, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Jahangir Siddiqui Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Jahangir Siddiqui's current share price is ₨17.52. Jahangir Siddiqui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨44.45. Jahangir Siddiqui's Cyclically Adjusted PB Ratio for today is 0.39.

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

KAR:JSCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.3   Max: 0.41
Current: 0.39

During the past years, Jahangir Siddiqui's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.21. And the median was 0.30.

KAR:JSCL's Cyclically Adjusted PB Ratio is ranked better than
87.08% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs KAR:JSCL: 0.39

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.

Jahangir Siddiqui's adjusted book value per share data for the three months ended in Mar. 2024 was ₨49.298. 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 ₨44.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jahangir Siddiqui Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jahangir Siddiqui'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.

Jahangir Siddiqui Cyclically Adjusted PB Ratio Chart

Jahangir Siddiqui Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.25 0.33

Jahangir Siddiqui 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 0.24 0.22 0.29 0.33 0.33

Competitive Comparison of Jahangir Siddiqui's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Jahangir Siddiqui'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.


Jahangir Siddiqui's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jahangir Siddiqui's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jahangir Siddiqui 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.

Jahangir Siddiqui's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.52/44.45
=0.39

* 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.

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

For example, Jahangir Siddiqui'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)
=49.298/131.7762*131.7762
=49.298

Current CPI (Mar. 2024) = 131.7762.

Jahangir Siddiqui Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.834 100.560 32.543
201409 24.350 100.428 31.951
201412 29.253 99.070 38.910
201503 29.450 99.621 38.956
201506 33.216 100.684 43.473
201509 31.531 100.392 41.388
201512 33.380 99.792 44.078
201603 32.978 100.470 43.254
201606 34.673 101.688 44.932
201609 37.285 101.861 48.235
201612 40.043 101.863 51.802
201703 43.095 102.862 55.209
201706 40.329 103.349 51.422
201709 38.869 104.136 49.186
201712 36.782 104.011 46.601
201803 38.260 105.290 47.885
201806 37.910 106.317 46.988
201809 32.860 106.507 40.656
201812 30.685 105.998 38.147
201903 31.312 107.251 38.472
201906 30.169 108.070 36.787
201909 28.645 108.329 34.845
201912 33.580 108.420 40.814
202003 29.195 108.902 35.327
202006 34.641 108.767 41.969
202009 38.260 109.815 45.911
202012 42.917 109.897 51.461
202103 49.244 111.754 58.067
202106 51.323 114.631 58.999
202109 48.037 115.734 54.695
202112 42.835 117.630 47.987
202203 40.771 121.301 44.292
202206 38.388 125.017 40.464
202209 40.632 125.227 42.757
202212 39.093 125.222 41.139
202303 39.075 127.348 40.434
202306 39.944 128.729 40.890
202309 47.923 129.860 48.630
202312 48.245 129.419 49.124
202403 49.298 131.776 49.298

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.


Jahangir Siddiqui  (KAR:JSCL) 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.


Jahangir Siddiqui Cyclically Adjusted PB Ratio Related Terms

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


Jahangir Siddiqui (KAR:JSCL) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Haroon Road, 20th Floor, The Centre Plot No. 28, SB-5, Saddar, Karachi, PAK, 74400
Jahangir Siddiqui & Co Ltd offers banking services. The company operates through a various business segment that is Capital Market and Brokerage, which is engaged in trading of equity securities, maintaining strategic and trading portfolios and earning share brokerage and money market, forex and commodity brokerage; Banking, which provides investment and commercial banking; Investment Advisor, which provides investment advisory and asset management services to different mutual funds and unit trusts; Energy Infrastructure and petroleum segment engaged into investment in the oil marketing sector and storage of petroleum, Liquified Petroleum gas and allied products; and Others. The Banking segment generates maximum revenue for the company.

Jahangir Siddiqui (KAR:JSCL) Headlines

No Headlines