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Alacrity Securities (BOM:535916) Cyclically Adjusted PB Ratio : 5.94 (As of Jun. 09, 2024)


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What is Alacrity Securities Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Alacrity Securities's current share price is ₹89.48. Alacrity Securities's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹15.07. Alacrity Securities's Cyclically Adjusted PB Ratio for today is 5.94.

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

BOM:535916' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.21   Max: 6.66
Current: 5.94

During the past 11 years, Alacrity Securities's highest Cyclically Adjusted PB Ratio was 6.66. The lowest was 0.74. And the median was 1.21.

BOM:535916's Cyclically Adjusted PB Ratio is ranked worse than
87.84% of 584 companies
in the Capital Markets industry
Industry Median: 1.18 vs BOM:535916: 5.94

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.

Alacrity Securities's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹21.372. 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 ₹15.07 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alacrity Securities Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alacrity Securities'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.

Alacrity Securities Cyclically Adjusted PB Ratio Chart

Alacrity Securities 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 - - - 0.92 4.18

Alacrity Securities Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - - 0.92 - 4.18

Competitive Comparison of Alacrity Securities's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Alacrity Securities'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.


Alacrity Securities's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alacrity Securities's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alacrity Securities 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.

Alacrity Securities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=89.48/15.07
=5.94

* 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.

Alacrity Securities's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Alacrity Securities's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=21.372/153.0345*153.0345
=21.372

Current CPI (Mar24) = 153.0345.

Alacrity Securities Annual Data

Book Value per Share CPI Adj_Book
201503 12.734 97.163 20.056
201603 12.012 102.518 17.931
201703 12.240 105.196 17.806
201803 12.569 109.786 17.520
201903 10.675 118.202 13.821
202003 7.455 124.705 9.149
202103 8.414 131.771 9.772
202203 10.069 138.822 11.100
202303 11.670 146.865 12.160
202403 21.372 153.035 21.372

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.


Alacrity Securities  (BOM:535916) 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.


Alacrity Securities Cyclically Adjusted PB Ratio Related Terms

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


Alacrity Securities (BOM:535916) Business Description

Traded in Other Exchanges
N/A
Address
Bhogilal Phadia Road, 101-102/8, Hari Darshan Building, Near SVP Primary School, Kandivali (West), Mumbai, MH, IND, 400067
Alacrity Securities Ltd provides financial services. The company's services include equity services including equity broking and portfolio management services. It has an Equity and Futures and Options Segment providing services to HNI Clients and small Investors.

Alacrity Securities (BOM:535916) Headlines

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