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Zodiac Energy (NSE:ZODIACSMN) Cyclically Adjusted PB Ratio : 41.99 (As of May. 01, 2024)


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What is Zodiac Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Zodiac Energy's current share price is ₹530.70. Zodiac Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹12.64. Zodiac Energy's Cyclically Adjusted PB Ratio for today is 41.99.

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

NSE:ZODIACSMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.98   Med: 9.87   Max: 43.73
Current: 43.73

During the past 11 years, Zodiac Energy's highest Cyclically Adjusted PB Ratio was 43.73. The lowest was 6.98. And the median was 9.87.

NSE:ZODIACSMN's Cyclically Adjusted PB Ratio is ranked worse than
99.11% of 677 companies
in the Semiconductors industry
Industry Median: 2.46 vs NSE:ZODIACSMN: 43.73

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.

Zodiac Energy's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹24.636. 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 ₹12.64 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zodiac Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zodiac Energy'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.

Zodiac Energy Cyclically Adjusted PB Ratio Chart

Zodiac Energy 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 - - - 9.24 6.98

Zodiac Energy Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 - 6.98 - - -

Competitive Comparison of Zodiac Energy's Cyclically Adjusted PB Ratio

For the Solar subindustry, Zodiac Energy'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.


Zodiac Energy's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Zodiac Energy 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.

Zodiac Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=530.70/12.64
=41.99

* 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.

Zodiac Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Zodiac Energy's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=24.636/146.8646*146.8646
=24.636

Current CPI (Mar23) = 146.8646.

Zodiac Energy Annual Data

Book Value per Share CPI Adj_Book
201403 0.807 91.425 1.296
201503 0.804 97.163 1.215
201603 0.879 102.518 1.259
201703 1.076 105.196 1.502
201803 11.876 109.786 15.887
201903 13.995 118.202 17.389
202003 15.708 124.705 18.499
202103 18.728 131.771 20.873
202203 22.491 138.822 23.794
202303 24.636 146.865 24.636

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.


Zodiac Energy  (NSE:ZODIACSMN) 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.


Zodiac Energy Cyclically Adjusted PB Ratio Related Terms

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


Zodiac Energy (NSE:ZODIACSMN) Business Description

Traded in Other Exchanges
Address
Drive-In-Road, 4-5-6 Upper Ground Floor, Milestone Building, Near Khodiyar Restaurant, Near Drive-In Cinema, Thaltej, Ahmedabad, GJ, IND, 380054
Zodiac Energy Ltd operates as an energy solution provider company in India. It installs power generation plants. It is engaged in the design, supply, installation, testing, commissioning, operation, and maintenance of solar power equipment. Its products include solar photovoltaic rooftop solutions, Concentrating Solar Power Systems, solar photovoltaic solar pumping solutions, solar thermal solar water heater solutions, and many more. The company primarily operates in the segment of sale of solar-based power plants and related items. The company's services include Building Integrated Photovoltaics (BIPV) systems, emerging technologies, and co-generation power plants.

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