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Prakash Steelage (NSE:PRAKASHSTL) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2025)


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What is Prakash Steelage Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prakash Steelage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prakash Steelage'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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Prakash Steelage Cyclically Adjusted PB Ratio Chart

Prakash Steelage Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
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Prakash Steelage Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Prakash Steelage's Cyclically Adjusted PB Ratio

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Prakash Steelage's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Prakash Steelage 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.

Prakash Steelage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Prakash Steelage's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.509/157.5517*157.5517
=0.509

Current CPI (Mar. 2025) = 157.5517.

Prakash Steelage Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 10.535 91.425 18.155
201406 0.000 94.103 0.000
201409 11.081 96.780 18.039
201412 0.000 96.780 0.000
201503 11.286 97.163 18.300
201603 6.315 102.518 9.705
201703 -2.337 105.196 -3.500
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 -16.101 109.786 -23.106
201806 0.000 111.317 0.000
201809 -16.129 115.142 -22.070
201812 0.000 115.142 0.000
201903 -15.320 118.202 -20.420
201906 0.000 120.880 0.000
201909 -15.296 123.175 -19.565
201912 0.000 126.235 0.000
202003 -15.334 124.705 -19.373
202006 0.000 127.000 0.000
202009 -15.330 130.118 -18.562
202012 0.000 130.889 0.000
202103 -12.438 131.771 -14.872
202106 0.000 134.084 0.000
202109 -12.442 135.847 -14.430
202112 0.000 138.161 0.000
202203 -3.101 138.822 -3.519
202206 0.000 142.347 0.000
202209 -2.968 144.661 -3.232
202212 0.000 145.763 0.000
202303 -2.866 146.865 -3.075
202306 0.000 150.280 0.000
202309 -1.620 151.492 -1.685
202312 0.000 152.924 0.000
202403 0.441 153.035 0.454
202406 0.000 155.789 0.000
202409 0.461 157.882 0.460
202412 0.000 158.323 0.000
202503 0.509 157.552 0.509

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.


Prakash Steelage  (NSE:PRAKASHSTL) 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.


Prakash Steelage Cyclically Adjusted PB Ratio Related Terms

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Prakash Steelage Business Description

Traded in Other Exchanges
Address
28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.

Prakash Steelage Headlines

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