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VKJ Infradevelopers (BOM:536128) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 09, 2024)


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What is VKJ Infradevelopers Cyclically Adjusted PB Ratio?

As of today (2024-06-09), VKJ Infradevelopers's current share price is ₹0.39. VKJ Infradevelopers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar22 was ₹1.37. VKJ Infradevelopers's Cyclically Adjusted PB Ratio for today is 0.28.

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

BOM:536128's Cyclically Adjusted PB Ratio is not ranked *
in the Construction industry.
Industry Median: 1.12
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

VKJ Infradevelopers's adjusted book value per share data of for the fiscal year that ended in Mar22 was ₹1.098. 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 ₹1.37 for the trailing ten years ended in Mar22.

Shiller PE for Stocks: The True Measure of Stock Valuation


VKJ Infradevelopers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VKJ Infradevelopers'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.

VKJ Infradevelopers Cyclically Adjusted PB Ratio Chart

VKJ Infradevelopers Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.38

VKJ Infradevelopers Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - 0.38 - - -

Competitive Comparison of VKJ Infradevelopers's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, VKJ Infradevelopers'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.


VKJ Infradevelopers's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, VKJ Infradevelopers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



VKJ Infradevelopers 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.

VKJ Infradevelopers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.39/1.37
=0.28

* 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.

VKJ Infradevelopers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar22 is calculated as:

For example, VKJ Infradevelopers's adjusted Book Value per Share data for the fiscal year that ended in Mar22 was:

Adj_Book=Book Value per Share/CPI of Mar22 (Change)*Current CPI (Mar22)
=1.098/138.8218*138.8218
=1.098

Current CPI (Mar22) = 138.8218.

VKJ Infradevelopers Annual Data

Book Value per Share CPI Adj_Book
201303 0.860 85.687 1.393
201403 1.085 91.425 1.647
201503 1.089 97.163 1.556
201603 1.093 102.518 1.480
201703 1.094 105.196 1.444
201803 1.096 109.786 1.386
201903 1.096 118.202 1.287
202003 1.097 124.705 1.221
202103 1.097 131.771 1.156
202203 1.098 138.822 1.098

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.


VKJ Infradevelopers  (BOM:536128) 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.


VKJ Infradevelopers Cyclically Adjusted PB Ratio Related Terms

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VKJ Infradevelopers (BOM:536128) Business Description

Traded in Other Exchanges
N/A
Address
Subhash Chowk, Near Hira Sweets, Vikas Marg, B-32, U/G/F/B/S Office No. 1, 1st Floor, Laxmi Nagar, Delhi, IND, 110092
VKJ Infradevelopers Ltd is an Indian company engaged in the business of land development, civil construction and trading in construction materials, site development, landfilling, fencing walls, mainly soils, and sands.

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