GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » The Shipping Corp of India Ltd (BOM:523598) » Definitions » Cyclically Adjusted PB Ratio

The Shipping of India (BOM:523598) Cyclically Adjusted PB Ratio : 1.22 (As of Jun. 07, 2024)


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

What is The Shipping of India Cyclically Adjusted PB Ratio?

As of today (2024-06-07), The Shipping of India's current share price is ₹246.25. The Shipping of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹201.13. The Shipping of India's Cyclically Adjusted PB Ratio for today is 1.22.

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

BOM:523598' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.38   Max: 1.31
Current: 1.22

During the past years, The Shipping of India's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.26. And the median was 0.38.

BOM:523598's Cyclically Adjusted PB Ratio is ranked better than
51.94% of 722 companies
in the Transportation industry
Industry Median: 1.255 vs BOM:523598: 1.22

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.

The Shipping of India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹161.862. 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 ₹201.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Shipping of India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Shipping of India'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.

The Shipping of India Cyclically Adjusted PB Ratio Chart

The Shipping of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.30 0.32 0.47 1.04

The Shipping of India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.47 - 0.73 - 1.04

Competitive Comparison of The Shipping of India's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, The Shipping of India'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.


The Shipping of India's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, The Shipping of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Shipping of India 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.

The Shipping of India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=246.25/201.13
=1.22

* 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.

The Shipping of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Shipping of India's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=161.862/153.0345*153.0345
=161.862

Current CPI (Mar. 2024) = 153.0345.

The Shipping of India Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 142.039 85.687 253.678
201306 0.000 88.365 0.000
201309 137.256 91.042 230.716
201312 0.000 91.425 0.000
201403 136.106 91.425 227.825
201406 0.000 94.103 0.000
201409 137.427 96.780 217.307
201412 0.000 96.780 0.000
201503 128.627 97.163 202.591
201506 0.000 99.841 0.000
201509 147.230 101.753 221.430
201512 0.000 102.901 0.000
201603 143.757 102.518 214.594
201703 148.006 105.196 215.313
201803 155.330 109.786 216.519
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 154.213 118.202 199.657
201906 0.000 120.880 0.000
201909 152.229 123.175 189.132
201912 0.000 126.235 0.000
202003 160.663 124.705 197.161
202006 0.000 127.000 0.000
202009 170.107 130.118 200.067
202012 0.000 130.889 0.000
202103 175.345 131.771 203.641
202106 0.000 134.084 0.000
202109 184.226 135.847 207.534
202112 0.000 138.161 0.000
202203 128.257 138.822 141.388
202206 0.000 142.347 0.000
202209 201.829 144.661 213.511
202212 0.000 145.763 0.000
202303 148.183 146.865 154.408
202306 0.000 150.280 0.000
202309 152.771 151.492 154.327
202312 0.000 152.924 0.000
202403 161.862 153.035 161.862

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.


The Shipping of India  (BOM:523598) 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.


The Shipping of India Cyclically Adjusted PB Ratio Related Terms

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


The Shipping of India (BOM:523598) Business Description

Traded in Other Exchanges
Address
245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the others segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.

The Shipping of India (BOM:523598) Headlines

No Headlines