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Aarvi Encon (NSE:AARVI) Cyclically Adjusted PB Ratio : 2.77 (As of May. 29, 2024)


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What is Aarvi Encon Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Aarvi Encon's current share price is ₹138.60. Aarvi Encon's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹49.99. Aarvi Encon's Cyclically Adjusted PB Ratio for today is 2.77.

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

NSE:AARVI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 2.55   Max: 2.85
Current: 2.8

During the past 11 years, Aarvi Encon's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 2.06. And the median was 2.55.

NSE:AARVI's Cyclically Adjusted PB Ratio is ranked worse than
69.98% of 663 companies
in the Business Services industry
Industry Median: 1.6 vs NSE:AARVI: 2.80

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.

Aarvi Encon's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹73.092. 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 ₹49.99 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aarvi Encon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aarvi Encon'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.

Aarvi Encon Cyclically Adjusted PB Ratio Chart

Aarvi Encon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.73 2.07

Aarvi Encon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 2.07 - - -

Competitive Comparison of Aarvi Encon's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Aarvi Encon'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.


Aarvi Encon's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aarvi Encon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aarvi Encon 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.

Aarvi Encon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.60/49.99
=2.77

* 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.

Aarvi Encon's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Aarvi Encon'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)
=73.092/146.8646*146.8646
=73.092

Current CPI (Mar23) = 146.8646.

Aarvi Encon Annual Data

Book Value per Share CPI Adj_Book
201403 16.067 91.425 25.810
201503 19.912 97.163 30.098
201603 20.530 102.518 29.411
201703 24.052 105.196 33.579
201803 42.032 109.786 56.227
201903 47.470 118.202 58.981
202003 51.626 124.705 60.800
202103 57.543 131.771 64.134
202203 64.048 138.822 67.759
202303 73.092 146.865 73.092

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.


Aarvi Encon  (NSE:AARVI) 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.


Aarvi Encon Cyclically Adjusted PB Ratio Related Terms

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


Aarvi Encon (NSE:AARVI) Business Description

Traded in Other Exchanges
N/A
Address
G.K. Road, Marathon Innova, B1 Wing, 603, Marathon NextGen Complex, Opposite Peninsula Corporate Park, Lower Parel (West), Mumbai, MH, IND, 400013
Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.

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