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Servotech Power Systems (NSE:EQSERVOTECH) Cyclically Adjusted PB Ratio : 33.56 (As of Jun. 17, 2024)


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What is Servotech Power Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Servotech Power Systems's current share price is ₹86.24. Servotech Power Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹2.57. Servotech Power Systems's Cyclically Adjusted PB Ratio for today is 33.56.

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

NSE:EQSERVOTECH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.43   Med: 15.35   Max: 46.76
Current: 33.59

During the past 12 years, Servotech Power Systems's highest Cyclically Adjusted PB Ratio was 46.76. The lowest was 4.43. And the median was 15.35.

NSE:EQSERVOTECH's Cyclically Adjusted PB Ratio is ranked worse than
99.13% of 2185 companies
in the Industrial Products industry
Industry Median: 1.84 vs NSE:EQSERVOTECH: 33.59

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.

Servotech Power Systems's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹6.671. 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 ₹2.57 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Servotech Power Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Servotech Power Systems'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.

Servotech Power Systems Cyclically Adjusted PB Ratio Chart

Servotech Power Systems 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 - - 6.41 9.67 30.23

Servotech Power Systems Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 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 9.67 - - - 30.23

Competitive Comparison of Servotech Power Systems's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Servotech Power Systems'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.


Servotech Power Systems's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Servotech Power Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Servotech Power Systems's Cyclically Adjusted PB Ratio falls into.



Servotech Power Systems 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.

Servotech Power Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.24/2.57
=33.56

* 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.

Servotech Power Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Servotech Power Systems's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=6.671/153.0345*153.0345
=6.671

Current CPI (Mar24) = 153.0345.

Servotech Power Systems Annual Data

Book Value per Share CPI Adj_Book
201503 0.311 97.163 0.490
201603 0.444 102.518 0.663
201703 0.730 105.196 1.062
201803 1.803 109.786 2.513
201903 1.967 118.202 2.547
202003 2.012 124.705 2.469
202103 2.154 131.771 2.502
202203 2.479 138.822 2.733
202303 3.861 146.865 4.023
202403 6.671 153.035 6.671

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.


Servotech Power Systems  (NSE:EQSERVOTECH) 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.


Servotech Power Systems Cyclically Adjusted PB Ratio Related Terms

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


Servotech Power Systems (NSE:EQSERVOTECH) Business Description

Traded in Other Exchanges
N/A
Address
806, 8th Floor, Crown Heights, Sector 10, Rohini, Hotel Charted Accountants Crown Plaza, New Delhi, IND, 110085
Servotech Power Systems Ltd is an Indian company in the business line of manufacturing, trading and exporting LED, UPS, Solar Products & Flameproof LED Lights. The firm is engaged in the production, development, and marketing of both indoor and outdoor LED lighting products, solar products and Ultraviolet C products. The product portfolio of the company includes LED tube lights and bulbs, street lights, floodlights, canopy lights, yard lights, FLP tubes, hoarding lights, system controllers, UPS, solar charge controllers, solar rooftops, UV Disinfection Lamp, UV Disinfection Handheld, UV Disinfection Truck, Sterilization Box, UVC RoboTruk and UVLEN based on far UVC technology and others. Substantial revenue is derived from domestic sales.

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