GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Constronics Infra Ltd (BOM:523844) » Definitions » Cyclically Adjusted PB Ratio

Constronics Infra (BOM:523844) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Constronics Infra Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Constronics Infra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Constronics Infra'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.

Constronics Infra Cyclically Adjusted PB Ratio Chart

Constronics Infra 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 - - 6.48 12.84 9.09

Constronics Infra 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 - 9.09 - 24.74 -

Competitive Comparison of Constronics Infra's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Constronics Infra'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.


Constronics Infra's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Constronics Infra's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Constronics Infra 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.

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

For example, Constronics Infra'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.

Constronics Infra Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.174 91.425 1.968
201406 0.000 94.103 0.000
201409 1.107 96.780 1.753
201412 0.000 96.780 0.000
201503 1.054 97.163 1.662
201506 0.000 99.841 0.000
201509 0.987 101.753 1.487
201512 0.000 102.901 0.000
201603 0.338 102.518 0.505
201606 0.000 105.961 0.000
201609 0.859 105.961 1.242
201612 0.000 105.196 0.000
201703 0.212 105.196 0.309
201706 0.000 107.109 0.000
201709 0.715 109.021 1.005
201712 0.000 109.404 0.000
201803 0.034 109.786 0.047
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 0.002 118.202 0.003
201906 0.000 120.880 0.000
201909 0.046 123.175 0.057
201912 0.000 126.235 0.000
202003 0.132 124.705 0.162
202006 0.000 127.000 0.000
202009 0.046 130.118 0.054
202012 0.000 130.889 0.000
202103 0.024 131.771 0.028
202106 0.000 134.084 0.000
202109 0.024 135.847 0.027
202112 0.000 138.161 0.000
202203 0.266 138.822 0.294
202206 0.000 142.347 0.000
202209 0.279 144.661 0.296
202212 0.000 145.763 0.000
202303 0.345 146.865 0.360
202306 0.000 150.280 0.000
202309 0.392 151.492 0.397
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.


Constronics Infra  (BOM:523844) 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.


Constronics Infra Cyclically Adjusted PB Ratio Related Terms

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


Constronics Infra (BOM:523844) Business Description

Traded in Other Exchanges
N/A
Address
Sai Baba Colony, No. 3/2, Third Floor, Narasimmapuram, Mylapore, Chennai, TN, IND, 600 004
Constronics Infra Ltd is engaged in the business of trading in construction and building materials such as gravel, blue metals, M-sand, ready mixed concrete, solid blocks, crushed stone, and other allied products. The company operates in only one segment namely the Trading of Building Materials.

Constronics Infra (BOM:523844) Headlines

No Headlines