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International Conveyors (NSE:INTLCONV) Cyclically Adjusted PB Ratio : 2.79 (As of Jun. 09, 2024)


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What is International Conveyors Cyclically Adjusted PB Ratio?

As of today (2024-06-09), International Conveyors's current share price is ₹79.75. International Conveyors's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹28.58. International Conveyors's Cyclically Adjusted PB Ratio for today is 2.79.

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

NSE:INTLCONV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.35   Max: 3.9
Current: 2.77

During the past 13 years, International Conveyors's highest Cyclically Adjusted PB Ratio was 3.90. The lowest was 1.01. And the median was 2.35.

NSE:INTLCONV's Cyclically Adjusted PB Ratio is ranked worse than
65.85% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs NSE:INTLCONV: 2.77

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.

International Conveyors's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹43.068. 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 ₹28.58 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Conveyors Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Conveyors'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.

International Conveyors Cyclically Adjusted PB Ratio Chart

International Conveyors 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 1.09 2.18 3.70 1.91 2.78

International Conveyors 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 1.91 - - - 2.78

Competitive Comparison of International Conveyors's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, International Conveyors'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.


International Conveyors's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Conveyors's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



International Conveyors 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.

International Conveyors's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.75/28.58
=2.79

* 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.

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

For example, International Conveyors'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)
=43.068/153.0345*153.0345
=43.068

Current CPI (Mar24) = 153.0345.

International Conveyors Annual Data

Book Value per Share CPI Adj_Book
201503 11.013 97.163 17.346
201603 14.031 102.518 20.945
201703 18.369 105.196 26.722
201803 22.155 109.786 30.883
201903 21.731 118.202 28.135
202003 18.119 124.705 22.235
202103 22.815 131.771 26.497
202203 32.042 138.822 35.322
202303 33.223 146.865 34.619
202403 43.068 153.035 43.068

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.


International Conveyors  (NSE:INTLCONV) 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.


International Conveyors Cyclically Adjusted PB Ratio Related Terms

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


International Conveyors (NSE:INTLCONV) Business Description

Traded in Other Exchanges
Address
10, Middleton Row, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

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