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Equinox India Developments (LUX:INBRS) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 25, 2024)


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What is Equinox India Developments Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Equinox India Developments's current share price is $1.87. Equinox India Developments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.20. Equinox India Developments's Cyclically Adjusted PB Ratio for today is 1.56.

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

LUX:INBRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.67   Max: 1.56
Current: 1.56

During the past years, Equinox India Developments's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.25. And the median was 0.67.

LUX:INBRS's Cyclically Adjusted PB Ratio is ranked worse than
79.46% of 1417 companies
in the Real Estate industry
Industry Median: 0.69 vs LUX:INBRS: 1.56

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.

Equinox India Developments's adjusted book value per share data for the three months ended in Mar. 2024 was $0.613. 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 $1.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinox India Developments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Equinox India Developments'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.

Equinox India Developments Cyclically Adjusted PB Ratio Chart

Equinox India Developments 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 - 0.48 0.79 0.42 1.16

Equinox India Developments 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 0.42 - 0.76 - 1.16

Competitive Comparison of Equinox India Developments's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Equinox India Developments'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.


Equinox India Developments's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Equinox India Developments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Equinox India Developments's Cyclically Adjusted PB Ratio falls into.



Equinox India Developments 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.

Equinox India Developments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.87/1.2
=1.56

* 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.

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

For example, Equinox India Developments'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)
=0.613/153.0345*153.0345
=0.613

Current CPI (Mar. 2024) = 153.0345.

Equinox India Developments Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 2.689 96.780 4.252
201412 0.000 96.780 0.000
201503 1.178 97.163 1.855
201506 0.000 99.841 0.000
201509 2.467 101.753 3.710
201512 0.000 102.901 0.000
201603 1.293 102.518 1.930
201606 0.000 105.961 0.000
201609 1.323 105.961 1.911
201612 0.000 105.196 0.000
201703 0.185 105.196 0.269
201706 0.000 107.109 0.000
201709 1.695 109.021 2.379
201712 0.000 109.404 0.000
201803 0.954 109.786 1.330
201806 0.000 111.317 0.000
201809 1.032 115.142 1.372
201812 0.000 115.142 0.000
201903 0.942 118.202 1.220
201906 0.000 120.880 0.000
201909 0.963 123.175 1.196
201912 0.000 126.235 0.000
202003 0.924 124.705 1.134
202006 0.000 127.000 0.000
202009 0.868 130.118 1.021
202012 0.000 130.889 0.000
202103 0.930 131.771 1.080
202106 0.000 134.084 0.000
202109 0.923 135.847 1.040
202112 0.895 138.161 0.991
202203 0.866 138.822 0.955
202206 0.000 142.347 0.000
202209 0.884 144.661 0.935
202212 0.000 145.763 0.000
202303 0.726 146.865 0.756
202306 0.000 150.280 0.000
202309 0.583 151.492 0.589
202312 0.000 152.924 0.000
202403 0.613 153.035 0.613

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.


Equinox India Developments  (LUX:INBRS) 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.


Equinox India Developments Cyclically Adjusted PB Ratio Related Terms

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


Equinox India Developments (LUX:INBRS) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Equinox India Developments (LUX:INBRS) Headlines

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