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Yatra Online (Yatra Online) Cyclically Adjusted PB Ratio : 0.35 (As of Apr. 28, 2024)


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What is Yatra Online Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Yatra Online's current share price is $1.30. Yatra Online's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.74. Yatra Online's Cyclically Adjusted PB Ratio for today is 0.35.

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

YTRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.43   Max: 0.5
Current: 0.35

During the past years, Yatra Online's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.35. And the median was 0.43.

YTRA's Cyclically Adjusted PB Ratio is ranked better than
83.62% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.365 vs YTRA: 0.35

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.

Yatra Online's adjusted book value per share data for the three months ended in Dec. 2023 was $1.062. 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 $3.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yatra Online Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yatra Online'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.

Yatra Online Cyclically Adjusted PB Ratio Chart

Yatra Online Annual Data
Trend Dec13 Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Yatra Online 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 - - - - 0.44

Competitive Comparison of Yatra Online's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Yatra Online'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.


Yatra Online's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Yatra Online 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.

Yatra Online's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.30/3.74
=0.35

* 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.

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

For example, Yatra Online'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)
=1.062/153.2548*153.2548
=1.062

Current CPI (Dec. 2023) = 153.2548.

Yatra Online Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.004 91.425 0.007
201406 0.001 94.103 0.002
201409 9.813 96.780 15.539
201412 9.801 96.780 15.520
201503 9.695 97.163 15.292
201506 9.674 99.841 14.850
201509 9.637 101.753 14.515
201512 9.664 102.901 14.393
201603 9.591 102.518 14.338
201606 9.667 105.961 13.982
201609 9.374 105.961 13.558
201612 1.239 105.196 1.805
201703 1.555 105.196 2.265
201706 0.088 107.109 0.126
201709 -0.219 109.021 -0.308
201712 0.018 109.404 0.025
201803 -0.110 109.786 -0.154
201806 1.097 111.317 1.510
201809 1.000 115.142 1.331
201812 1.044 115.142 1.390
201903 0.800 118.202 1.037
201906 0.621 120.880 0.787
201909 0.480 123.175 0.597
201912 0.559 126.235 0.679
202003 0.460 124.705 0.565
202006 0.480 127.000 0.579
202009 0.432 130.118 0.509
202012 0.379 130.889 0.444
202103 0.265 131.771 0.308
202106 0.246 134.084 0.281
202109 0.233 135.847 0.263
202112 0.209 138.161 0.232
202203 0.193 138.822 0.213
202206 0.185 142.347 0.199
202209 0.168 144.661 0.178
202212 0.128 145.763 0.135
202303 0.139 146.865 0.145
202306 0.136 150.280 0.139
202309 1.072 151.492 1.084
202312 1.062 153.255 1.062

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.


Yatra Online  (NAS:YTRA) 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.


Yatra Online Cyclically Adjusted PB Ratio Related Terms

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


Yatra Online (Yatra Online) Business Description

Traded in Other Exchanges
Address
Gulf Adiba, Plot No. 272, 4th Floor, Udyog Vihar, Phase-II, Sector-20, Gurugram, HR, IND, 122008
Yatra Online Inc is an Indian consumer travel platform provider and online travel agent. The company is organized into the following business segments; Air Ticketing, Hotels and Packages, and Others. It mainly provides travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services. It also involves hosting advertisements on its internet websites, the sale of rail and bus tickets, and facilitating website access to travel insurance companies. Some of its applications include Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay.
Executives
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Mihi Llc 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Corporate Holdings Pty. Ltd 10 percent owner LEVEL 6, 50 MARTIN PLACE, SYDNEY C3 NSW 2000