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Sarthak Global (BOM:530993) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 10, 2024)


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What is Sarthak Global Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Sarthak Global's current share price is ₹14.37. Sarthak Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹19.94. Sarthak Global's Cyclically Adjusted PB Ratio for today is 0.72.

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

BOM:530993' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.26   Max: 0.72
Current: 0.72

During the past years, Sarthak Global's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.19. And the median was 0.26.

BOM:530993's Cyclically Adjusted PB Ratio is ranked better than
71.58% of 584 companies
in the Capital Markets industry
Industry Median: 1.18 vs BOM:530993: 0.72

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.

Sarthak Global's adjusted book value per share data for the three months ended in Mar. 2024 was ₹5.540. 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 ₹19.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sarthak Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sarthak Global'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.

Sarthak Global Cyclically Adjusted PB Ratio Chart

Sarthak Global 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 - 0.20 0.24 0.45 0.69

Sarthak Global 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 - 0.54 - 0.69

Competitive Comparison of Sarthak Global's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Sarthak Global'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.


Sarthak Global's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Sarthak Global 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.

Sarthak Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.37/19.94
=0.72

* 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.

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

For example, Sarthak Global'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)
=5.54/153.0345*153.0345
=5.540

Current CPI (Mar. 2024) = 153.0345.

Sarthak Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 17.825 96.780 28.186
201412 0.000 96.780 0.000
201503 17.752 97.163 27.960
201506 0.000 99.841 0.000
201509 17.752 101.753 26.699
201512 0.000 102.901 0.000
201603 17.533 102.518 26.172
201606 0.000 105.961 0.000
201609 17.533 105.961 25.322
201612 0.000 105.196 0.000
201703 17.579 105.196 25.573
201706 0.000 107.109 0.000
201709 17.351 109.021 24.356
201712 0.000 109.404 0.000
201803 18.394 109.786 25.640
201806 0.000 111.317 0.000
201809 18.394 115.142 24.447
201812 0.000 115.142 0.000
201903 18.575 118.202 24.049
201906 0.000 120.880 0.000
201909 18.723 123.175 23.262
201912 0.000 126.235 0.000
202003 18.885 124.705 23.175
202006 0.000 127.000 0.000
202009 19.102 130.118 22.466
202012 0.000 130.889 0.000
202103 19.063 131.771 22.139
202106 0.000 134.084 0.000
202109 19.283 135.847 21.723
202112 0.000 138.161 0.000
202203 5.289 138.822 5.830
202206 0.000 142.347 0.000
202209 5.457 144.661 5.773
202212 0.000 145.763 0.000
202303 5.477 146.865 5.707
202306 0.000 150.280 0.000
202309 4.823 151.492 4.872
202312 0.000 152.924 0.000
202403 5.540 153.035 5.540

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.


Sarthak Global  (BOM:530993) 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.


Sarthak Global Cyclically Adjusted PB Ratio Related Terms

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


Sarthak Global (BOM:530993) Business Description

Traded in Other Exchanges
N/A
Address
R.N.T. Marg, 170/10, Film Colony, Indore, MP, IND, 452001
Sarthak Global Ltd is engaged in fund activities. It operates in two segments including the Trading of Commodities and Share Transfer Agent. The company also operates in the short-term money market and offers inter-corporate deposits and unsecured advances. Its service offering includes registrar and shares transfer agent services and generates the majority of the revenue from Sales of Commodities.

Sarthak Global (BOM:530993) Headlines

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