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Thomas Cook India (NSE:THOMASCOOK) Cyclically Adjusted PB Ratio : 1.96 (As of May. 21, 2024)


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What is Thomas Cook India Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Thomas Cook India's current share price is ₹213.75. Thomas Cook India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹109.12. Thomas Cook India's Cyclically Adjusted PB Ratio for today is 1.96.

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

NSE:THOMASCOOK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.65   Max: 1.96
Current: 1.96

During the past years, Thomas Cook India's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.29. And the median was 0.65.

NSE:THOMASCOOK's Cyclically Adjusted PB Ratio is ranked worse than
61.18% of 595 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs NSE:THOMASCOOK: 1.96

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.

Thomas Cook India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹44.216. 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 ₹109.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomas Cook India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thomas Cook India'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.

Thomas Cook India Cyclically Adjusted PB Ratio Chart

Thomas Cook India 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 0.29 0.53 0.67 0.53 1.52

Thomas Cook India 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 0.53 - 1.11 - 1.52

Competitive Comparison of Thomas Cook India's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Thomas Cook India'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.


Thomas Cook India's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thomas Cook India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thomas Cook India 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.

Thomas Cook India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=213.75/109.12
=1.96

* 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.

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

For example, Thomas Cook India'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)
=44.216/153.0345*153.0345
=44.216

Current CPI (Mar. 2024) = 153.0345.

Thomas Cook India Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 91.425 0.000
201406 49.091 94.103 79.834
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201506 0.000 99.841 0.000
201509 37.798 101.753 56.847
201512 0.000 102.901 0.000
201603 34.100 102.518 50.903
201606 0.000 105.961 0.000
201609 41.429 105.961 59.834
201612 0.000 105.196 0.000
201703 54.158 105.196 78.787
201706 0.000 107.109 0.000
201709 55.192 109.021 77.474
201712 0.000 109.404 0.000
201803 234.231 109.786 326.501
201806 0.000 111.317 0.000
201809 240.086 115.142 319.097
201812 0.000 115.142 0.000
201903 239.889 118.202 310.581
201906 0.000 120.880 0.000
201909 240.061 123.175 298.255
201912 0.000 126.235 0.000
202003 44.874 124.705 55.068
202006 0.000 127.000 0.000
202009 39.673 130.118 46.660
202012 0.000 130.889 0.000
202103 51.000 131.771 59.230
202106 0.000 134.084 0.000
202109 47.325 135.847 53.313
202112 0.000 138.161 0.000
202203 35.861 138.822 39.532
202206 0.000 142.347 0.000
202209 36.845 144.661 38.978
202212 0.000 145.763 0.000
202303 36.915 146.865 38.466
202306 0.000 150.280 0.000
202309 39.247 151.492 39.647
202312 0.000 152.924 0.000
202403 44.216 153.035 44.216

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.


Thomas Cook India  (NSE:THOMASCOOK) 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.


Thomas Cook India Cyclically Adjusted PB Ratio Related Terms

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Thomas Cook India (NSE:THOMASCOOK) Business Description

Traded in Other Exchanges
Address
N.M. Joshi Marg, 11th Floor, Marathon Futurex, Lower Parel (East), Mumbai, MH, IND, 400013
Thomas Cook India Ltd is a travel and tourism company domiciled in India. The company's segment includes Financial Services; Travel and related services; Leisure Hospitality and Resorts business and Digiphoto imaging services. It generates maximum revenue from the Travel and related services segment. Travel and related services include tour operations, travel management, visa services and travel insurance and related services.

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