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Vascon Engineers (BOM:533156) Cyclically Adjusted PB Ratio : 0.96 (As of Jun. 06, 2024)


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What is Vascon Engineers Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Vascon Engineers's current share price is ₹63.07. Vascon Engineers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹65.63. Vascon Engineers's Cyclically Adjusted PB Ratio for today is 0.96.

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

BOM:533156' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.48   Max: 1.24
Current: 0.96

During the past years, Vascon Engineers's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.23. And the median was 0.48.

BOM:533156's Cyclically Adjusted PB Ratio is ranked better than
56.61% of 1249 companies
in the Construction industry
Industry Median: 1.13 vs BOM:533156: 0.96

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.

Vascon Engineers's adjusted book value per share data for the three months ended in Mar. 2024 was ₹44.327. 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 ₹65.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vascon Engineers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vascon Engineers'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.

Vascon Engineers Cyclically Adjusted PB Ratio Chart

Vascon Engineers 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 - - 0.27 0.35 0.93

Vascon Engineers 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 0.35 - 0.89 - 0.93

Competitive Comparison of Vascon Engineers's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Vascon Engineers'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.


Vascon Engineers's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vascon Engineers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vascon Engineers 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.

Vascon Engineers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.07/65.63
=0.96

* 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.

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

For example, Vascon Engineers'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)
=44.327/153.0345*153.0345
=44.327

Current CPI (Mar. 2024) = 153.0345.

Vascon Engineers Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 78.893 85.687 140.901
201306 0.000 88.365 0.000
201309 77.232 91.042 129.820
201312 0.000 91.425 0.000
201403 72.950 91.425 122.110
201406 0.000 94.103 0.000
201409 70.076 96.780 110.808
201412 0.000 96.780 0.000
201503 56.157 97.163 88.449
201506 0.000 99.841 0.000
201509 38.480 101.753 57.873
201512 0.000 102.901 0.000
201603 38.816 102.518 57.943
201703 37.826 105.196 55.028
201803 38.364 109.786 53.477
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 38.748 118.202 50.166
201906 0.000 120.880 0.000
201909 39.396 123.175 48.946
201912 0.000 126.235 0.000
202003 41.221 124.705 50.585
202006 0.000 127.000 0.000
202009 38.571 130.118 45.364
202012 0.000 130.889 0.000
202103 38.386 131.771 44.580
202106 0.000 134.084 0.000
202109 37.716 135.847 42.488
202112 0.000 138.161 0.000
202203 37.335 138.822 41.157
202206 0.000 142.347 0.000
202209 38.945 144.661 41.199
202212 0.000 145.763 0.000
202303 41.956 146.865 43.719
202306 0.000 150.280 0.000
202309 43.240 151.492 43.680
202312 0.000 152.924 0.000
202403 44.327 153.035 44.327

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.


Vascon Engineers  (BOM:533156) 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.


Vascon Engineers Cyclically Adjusted PB Ratio Related Terms

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


Vascon Engineers (BOM:533156) Business Description

Traded in Other Exchanges
Address
Pune - Nagar Road, Vascon Weikfield Chambers, Behind Hotel Novotel, Opposite Hyatt Hotel, Pune, MH, IND, 411014
Vascon Engineers Ltd is a construction company that is engaged in developing, constructing, and managing different engineering, procurement, and construction (EPC), real estate development and Manufacturing and BMS. The EPC operations of the company, which is the key revenue driver, focus on the residential, commercial, industrial, institutional, hospital, and hospitality sectors. The real estate operations include residential projects like GoodLife, Vista Phase 2, Forest Edge, among others; and commercial projects like Platinum Square Phase 2, Almonte, Phoenix IT Park among others.

Vascon Engineers (BOM:533156) Headlines

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