GURUFOCUS.COM » STOCK LIST » Technology » Software » 3i Infotech Ltd (BOM:532628) » Definitions » Cyclically Adjusted PB Ratio

3i Infotech (BOM:532628) Cyclically Adjusted PB Ratio : 1.85 (As of Jun. 10, 2024)


View and export this data going back to 2005. Start your Free Trial

What is 3i Infotech Cyclically Adjusted PB Ratio?

As of today (2024-06-10), 3i Infotech's current share price is ₹37.87. 3i Infotech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹20.50. 3i Infotech's Cyclically Adjusted PB Ratio for today is 1.85.

The historical rank and industry rank for 3i Infotech's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532628' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.77   Max: 2.18
Current: 1.85

During the past years, 3i Infotech's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.03. And the median was 0.77.

BOM:532628's Cyclically Adjusted PB Ratio is ranked better than
60.06% of 1422 companies
in the Software industry
Industry Median: 2.5 vs BOM:532628: 1.85

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.

3i Infotech's adjusted book value per share data for the three months ended in Mar. 2024 was ₹17.376. 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 ₹20.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


3i Infotech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 3i Infotech'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.

3i Infotech Cyclically Adjusted PB Ratio Chart

3i Infotech 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 0.03 0.44 0.83 0.70 1.93

3i Infotech 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 0.70 - 1.44 - 1.93

Competitive Comparison of 3i Infotech's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, 3i Infotech'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.


3i Infotech's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, 3i Infotech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 3i Infotech's Cyclically Adjusted PB Ratio falls into.



3i Infotech 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.

3i Infotech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.87/20.5
=1.85

* 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.

3i Infotech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, 3i Infotech'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)
=17.376/153.0345*153.0345
=17.376

Current CPI (Mar. 2024) = 153.0345.

3i Infotech Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 42.376 96.780 67.007
201412 0.000 96.780 0.000
201503 -57.713 97.163 -90.900
201506 0.000 99.841 0.000
201509 -84.575 101.753 -127.199
201512 0.000 102.901 0.000
201603 48.319 102.518 72.128
201606 0.000 105.961 0.000
201609 10.919 105.961 15.770
201612 0.000 105.196 0.000
201703 14.992 105.196 21.810
201706 0.000 107.109 0.000
201709 15.435 109.021 21.666
201712 0.000 109.404 0.000
201803 15.586 109.786 21.726
201806 0.000 111.317 0.000
201809 16.568 115.142 22.020
201812 0.000 115.142 0.000
201903 19.993 118.202 25.885
201906 0.000 120.880 0.000
201909 20.532 123.175 25.509
201912 0.000 126.235 0.000
202003 24.215 124.705 29.716
202006 0.000 127.000 0.000
202009 25.839 130.118 30.390
202012 0.000 130.889 0.000
202103 46.571 131.771 54.086
202106 0.000 134.084 0.000
202109 44.169 135.847 49.757
202112 0.000 138.161 0.000
202203 41.897 138.822 46.186
202206 0.000 142.347 0.000
202209 39.445 144.661 41.728
202212 0.000 145.763 0.000
202303 38.157 146.865 39.760
202306 0.000 150.280 0.000
202309 25.231 151.492 25.488
202312 0.000 152.924 0.000
202403 17.376 153.035 17.376

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.


3i Infotech  (BOM:532628) 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.


3i Infotech Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of 3i Infotech's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


3i Infotech (BOM:532628) Business Description

Industry
Traded in Other Exchanges
Address
International Infotech Park, Tower No. 5, 3rd to 6th Floors, Vashi, Navi Mumbai, MH, IND, 400703
3i Infotech Ltd is an information technology company. It provides a set of Internet protocol (IP)-based software solutions with a range of IT services. The firm operates through two segments: IT Solutions and Transaction Services. The IT Solutions segment includes the sale of IT products developed by the company and provides IT services to various companies on an outsourcing business model. It includes packaged applications for the banking, insurance, capital markets, asset and wealth management (BFSI) space, and an enterprise resource planning (ERP) suite. The Transaction Services segment covers the management of back-office operations for BFSI clients. Through transaction service offerings, the firm provides clients with services, such as human resources and payroll management services.

3i Infotech (BOM:532628) Headlines

No Headlines