Destiny Logistics & Infra (NSE:DESTINY) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)

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What is Destiny Logistics & Infra Cyclically Adjusted PB Ratio?

Destiny Logistics & Infra does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

Destiny Logistics & Infra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Destiny Logistics & Infra'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.

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Destiny Logistics & Infra Cyclically Adjusted PB Ratio Chart

Destiny Logistics & Infra Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cyclically Adjusted PB Ratio

Destiny Logistics & Infra Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
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Competitive Comparison of Destiny Logistics & Infra's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Destiny Logistics & Infra'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.

Destiny Logistics & Infra's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Destiny Logistics & Infra's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Destiny Logistics & Infra's Cyclically Adjusted PB Ratio falls into.

Destiny Logistics & Infra 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.

Destiny Logistics & Infra does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Destiny Logistics & Infra (NSE:DESTINY) 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.

Destiny Logistics & Infra Cyclically Adjusted PB Ratio Related Terms

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Destiny Logistics & Infra (NSE:DESTINY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Destiny Logistics & Infra Ltd (NSE:DESTINY) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

ECO Centre, Block - EM-4 Sector- V, Unit No. 708, 7th Floor, Salt Lake, Kolkata, WB, IND, 700091

Website

https://www.destinyinfra.in

Destiny Logistics & Infra Ltd provide logistics, manpower and infrastructural services. It offers land-based transportation through third-party service providers. It provides a wide range of services such as packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, particularly, in the state of West Bengal. The company operates in Transport and Construction services, out of which the majority is from the Construction services.

Destiny Logistics & Infra (NSE:DESTINY) Headlines

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