GURUFOCUS.COM » STOCK LIST » Technology » Software » Vakrangee Ltd (NSE:VAKRANGEE) » Definitions » Cyclically Adjusted PB Ratio

Vakrangee (NSE:VAKRANGEE) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Vakrangee Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vakrangee Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vakrangee'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.

Vakrangee Cyclically Adjusted PB Ratio Chart

Vakrangee Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.09 1.56 0.62

Vakrangee Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.62 - 0.74 -

Competitive Comparison of Vakrangee's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Vakrangee'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.


Vakrangee's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Vakrangee's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vakrangee 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.

Vakrangee's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Vakrangee's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

Vakrangee Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.741 91.425 12.976
201406 0.000 94.103 0.000
201409 8.905 96.780 14.101
201412 0.000 96.780 0.000
201503 11.982 97.163 18.899
201506 0.000 99.841 0.000
201509 13.126 101.753 19.770
201512 0.000 102.901 0.000
201603 14.958 102.518 22.361
201606 0.000 105.961 0.000
201609 16.655 105.961 24.089
201612 0.000 105.196 0.000
201703 19.403 105.196 28.267
201706 0.000 107.109 0.000
201709 21.623 109.021 30.396
201712 0.000 109.404 0.000
201803 24.484 109.786 34.178
201806 0.000 111.317 0.000
201809 24.422 115.142 32.506
201812 0.000 115.142 0.000
201903 24.577 118.202 31.865
201906 0.000 120.880 0.000
201909 24.563 123.175 30.561
201912 0.000 126.235 0.000
202003 24.894 124.705 30.593
202006 0.000 127.000 0.000
202009 24.889 130.118 29.315
202012 0.000 130.889 0.000
202103 25.147 131.771 29.247
202106 0.000 134.084 0.000
202109 25.486 135.847 28.752
202112 0.000 138.161 0.000
202203 25.934 138.822 28.630
202206 0.000 142.347 0.000
202209 25.973 144.661 27.516
202212 0.000 145.763 0.000
202303 1.169 146.865 1.220
202306 0.000 150.280 0.000
202309 1.126 151.492 1.139
202312 0.000 153.255 0.000

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.


Vakrangee  (NSE:VAKRANGEE) 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.


Vakrangee Cyclically Adjusted PB Ratio Related Terms

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


Vakrangee (NSE:VAKRANGEE) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 93, Road No. 16, Vakrangee Corporate House, M.I.D.C. Marol, Andheri (East), Mumbai, MH, IND, 400093
Vakrangee Ltd is an India-based provider of technology solutions. Vakrangee Kendra offers banking, financial services, and insurance (BFSI) services including data verification, e-commerce services, direct benefit transfer, and pension transactions. The firm operates in India.

Vakrangee (NSE:VAKRANGEE) Headlines

No Headlines