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State Trading of India (BOM:512531) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


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What is State Trading of India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


State Trading of India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for State Trading of India'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.

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State Trading of India Cyclically Adjusted PB Ratio Chart

State Trading of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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State Trading of India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of State Trading of India's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, State Trading of India'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.


State Trading of India's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, State Trading of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where State Trading of India's Cyclically Adjusted PB Ratio falls into.



State Trading of India 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.

State Trading of India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, State Trading of India'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)
=-772.21/153.0345*153.0345
=-772.210

Current CPI (Mar24) = 153.0345.

State Trading of India Annual Data

Book Value per Share CPI Adj_Book
201503 -303.778 97.163 -478.460
201603 -381.548 102.518 -569.557
201703 -502.612 105.196 -731.178
201803 -605.310 109.786 -843.759
201903 -752.210 118.202 -973.875
202003 -771.083 124.705 -946.251
202103 -778.904 131.771 -904.597
202203 -792.446 138.822 -873.577
202303 -783.711 146.865 -816.635
202403 -772.210 153.035 -772.210

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.


State Trading of India  (BOM:512531) 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.


State Trading of India Cyclically Adjusted PB Ratio Related Terms

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State Trading of India (BOM:512531) Business Description

Traded in Other Exchanges
Address
Tolstoy Marg, Jawahar Vyapar Bhawan, New Delhi, IND, 110 001
State Trading Corp of India Ltd is an India-based company. It has identified its operating segments as Exports, Imports, and Domestic. The company also undertakes import and export of bulk commodities such as rice, wheat, sugar, pulses, edible oils, fertilizers, coal, and bullion, among others; and import of mass consumption items like wheat, sugar, and pulses, among others. Geographically all the business activity is primarily functioned through the region of India and derives the majority of revenue from the imports segment.

State Trading of India (BOM:512531) Headlines

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