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Jet Airways (India) (BOM:532617) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Jet Airways (India) Cyclically Adjusted PB Ratio?

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Jet Airways (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jet Airways (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.

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Jet Airways (India) Cyclically Adjusted PB Ratio Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Jet Airways (India)'s Cyclically Adjusted PB Ratio

For the Airlines subindustry, Jet Airways (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.


Jet Airways (India)'s Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Cyclically Adjusted PB Ratio falls into.



Jet Airways (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.

Jet Airways (India)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Jet Airways (India)'s adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-1541.106/146.8646*146.8646
=-1,541.106

Current CPI (Mar23) = 146.8646.

Jet Airways (India) Annual Data

Book Value per Share CPI Adj_Book
201403 -367.515 91.425 -590.375
201503 -556.776 97.163 -841.583
201603 -699.562 102.518 -1,002.171
201703 -572.652 105.196 -799.482
201803 -637.517 109.786 -852.826
201903 -1,117.581 118.202 -1,388.580
202003 -1,371.503 124.705 -1,615.213
202103 -1,384.887 131.771 -1,543.524
202203 -1,452.894 138.822 -1,537.069
202303 -1,541.106 146.865 -1,541.106

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.


Jet Airways (India)  (BOM:532617) 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.


Jet Airways (India) Cyclically Adjusted PB Ratio Related Terms

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Jet Airways (India) (BOM:532617) Business Description

Traded in Other Exchanges
Address
252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

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