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Mphasis (BOM:526299) Cyclically Adjusted PB Ratio : 6.05 (As of Jun. 07, 2024)


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What is Mphasis Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Mphasis's current share price is ₹2436.95. Mphasis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹402.60. Mphasis's Cyclically Adjusted PB Ratio for today is 6.05.

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

BOM:526299' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.37   Med: 5.48   Max: 9.59
Current: 5.68

During the past years, Mphasis's highest Cyclically Adjusted PB Ratio was 9.59. The lowest was 2.37. And the median was 5.48.

BOM:526299's Cyclically Adjusted PB Ratio is ranked worse than
79.52% of 1416 companies
in the Software industry
Industry Median: 2.54 vs BOM:526299: 5.68

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.

Mphasis's adjusted book value per share data for the three months ended in Mar. 2024 was ₹465.384. 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 ₹402.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mphasis Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mphasis'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.

Mphasis Cyclically Adjusted PB Ratio Chart

Mphasis 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 2.35 5.35 9.41 4.70 5.93

Mphasis 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 4.70 - 6.01 - 5.93

Competitive Comparison of Mphasis's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Mphasis'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.


Mphasis's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Mphasis 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.

Mphasis's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2436.95/402.6
=6.05

* 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.

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

For example, Mphasis'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)
=465.384/153.0345*153.0345
=465.384

Current CPI (Mar. 2024) = 153.0345.

Mphasis Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 262.679 96.780 415.363
201412 0.000 96.780 0.000
201503 262.660 97.163 413.697
201506 0.000 99.841 0.000
201509 282.020 101.753 424.151
201512 0.000 102.901 0.000
201603 278.563 102.518 415.826
201606 0.000 105.961 0.000
201609 318.708 105.961 460.295
201612 0.000 105.196 0.000
201703 292.391 105.196 425.358
201706 0.000 107.109 0.000
201709 259.973 109.021 364.927
201712 0.000 109.404 0.000
201803 283.648 109.786 395.385
201806 0.000 111.317 0.000
201809 287.390 115.142 381.969
201812 0.000 115.142 0.000
201903 281.916 118.202 364.992
201906 0.000 120.880 0.000
201909 275.355 123.175 342.105
201912 0.000 126.235 0.000
202003 312.519 124.705 383.514
202006 0.000 127.000 0.000
202009 312.078 130.118 367.042
202012 0.000 130.889 0.000
202103 348.944 131.771 405.254
202106 0.000 134.084 0.000
202109 323.401 135.847 364.318
202112 0.000 138.161 0.000
202203 369.673 138.822 407.520
202206 0.000 142.347 0.000
202209 370.845 144.661 392.311
202212 0.000 145.763 0.000
202303 421.170 146.865 438.864
202306 0.000 150.280 0.000
202309 419.464 151.492 423.735
202312 0.000 152.924 0.000
202403 465.384 153.035 465.384

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.


Mphasis  (BOM:526299) 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.


Mphasis Cyclically Adjusted PB Ratio Related Terms

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


Mphasis (BOM:526299) Business Description

Industry
Traded in Other Exchanges
Address
Marathalli Outer Ring Road, Bagmane World Technology Center, Doddanakhundi Village, Mahadevapura, Bengaluru, KA, IND, 560 048
Mphasis Ltd is an IT solutions provider which offers application development and integration, business process outsourcing, and infrastructure services such as architecture guidance. The company was formed after the merger of the U.S.-based IT consulting company Mphasis and the Indian IT services company BFL Software. Mphasis serves clients in the financial services, healthcare, telecom, retail, logistics, and technology industries. Mphasis has more than 30 offices globally, with delivery centers in India, Sri Lanka, China, Australia, Japan, North America, and Europe. The company operates through four primary segments: banking and financial services, insurance, technology media and telecom, logistics and transportation, and others.

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