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Maharashtra Scooters (BOM:500266) Cyclically Adjusted PB Ratio : 0.65 (As of Jun. 12, 2024)


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What is Maharashtra Scooters Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Maharashtra Scooters's current share price is ₹7800.05. Maharashtra Scooters's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹12,055.70. Maharashtra Scooters's Cyclically Adjusted PB Ratio for today is 0.65.

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

BOM:500266' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.62   Max: 0.82
Current: 0.64

During the past years, Maharashtra Scooters's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.45. And the median was 0.62.

BOM:500266's Cyclically Adjusted PB Ratio is ranked better than
75.27% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs BOM:500266: 0.64

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.

Maharashtra Scooters's adjusted book value per share data for the three months ended in Mar. 2024 was ₹23,639.580. 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 ₹12,055.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maharashtra Scooters Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maharashtra Scooters'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.

Maharashtra Scooters Cyclically Adjusted PB Ratio Chart

Maharashtra Scooters 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 - - 0.51 0.45 0.59

Maharashtra Scooters 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 0.45 - 0.71 - 0.59

Competitive Comparison of Maharashtra Scooters's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Maharashtra Scooters'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.


Maharashtra Scooters's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Maharashtra Scooters's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maharashtra Scooters 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.

Maharashtra Scooters's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7800.05/12055.7
=0.65

* 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.

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

For example, Maharashtra Scooters'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)
=23639.58/153.0345*153.0345
=23,639.580

Current CPI (Mar. 2024) = 153.0345.

Maharashtra Scooters Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 251.439 96.780 397.589
201412 0.000 96.780 0.000
201503 220.727 97.163 347.652
201506 0.000 99.841 0.000
201509 265.536 101.753 399.360
201512 0.000 102.901 0.000
201603 3,706.504 102.518 5,532.895
201606 0.000 105.961 0.000
201609 281.968 105.961 407.233
201612 0.000 105.196 0.000
201703 5,733.414 105.196 8,340.718
201706 0.000 107.109 0.000
201709 7,568.031 109.021 10,623.326
201712 0.000 109.404 0.000
201803 7,197.093 109.786 10,032.240
201806 0.000 111.317 0.000
201809 8,146.588 115.142 10,827.588
201812 0.000 115.142 0.000
201903 9,907.789 118.202 12,827.467
201906 0.000 120.880 0.000
201909 11,915.003 123.175 14,803.382
201912 0.000 126.235 0.000
202003 7,184.410 124.705 8,816.501
202006 0.000 127.000 0.000
202009 9,675.358 130.118 11,379.400
202012 0.000 130.889 0.000
202103 14,213.086 131.771 16,506.673
202106 0.000 134.084 0.000
202109 20,838.178 135.847 23,474.645
202112 0.000 138.161 0.000
202203 19,996.282 138.822 22,043.519
202206 0.000 142.347 0.000
202209 20,309.837 144.661 21,485.429
202212 0.000 145.763 0.000
202303 16,662.418 146.865 17,362.420
202306 0.000 150.280 0.000
202309 21,644.961 151.492 21,865.351
202312 0.000 152.924 0.000
202403 23,639.580 153.035 23,639.580

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.


Maharashtra Scooters  (BOM:500266) 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.


Maharashtra Scooters Cyclically Adjusted PB Ratio Related Terms

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


Maharashtra Scooters (BOM:500266) Business Description

Traded in Other Exchanges
Address
3rd Floor, Panchshil Tech Park, Viman Nagar, Pune, MH, IND, 411 014
Maharashtra Scooters Ltd is an Indian-based auto parts manufacturer. The company's operating segment includes Manufacturing and Investments. It generates maximum revenue from the Investments segment. The company manufacture casting dies, fixtures, and die-casting components as well as includes treasury management of surplus funds invested by the company.

Maharashtra Scooters (BOM:500266) Headlines

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