GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » India Power Corp Ltd (NSE:DPSCLTD) » Definitions » Cyclically Adjusted PB Ratio

India Power (NSE:DPSCLTD) Cyclically Adjusted PB Ratio : 0.88 (As of Jun. 10, 2024)


View and export this data going back to 2008. Start your Free Trial

What is India Power Cyclically Adjusted PB Ratio?

As of today (2024-06-10), India Power's current share price is ₹17.20. India Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹19.55. India Power's Cyclically Adjusted PB Ratio for today is 0.88.

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

NSE:DPSCLTD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 0.89   Max: 0.93
Current: 0.88

During the past years, India Power's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.86. And the median was 0.89.

NSE:DPSCLTD's Cyclically Adjusted PB Ratio is ranked better than
69.96% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs NSE:DPSCLTD: 0.88

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.

India Power's adjusted book value per share data for the three months ended in Mar. 2024 was ₹10.437. 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 ₹19.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Power Cyclically Adjusted PB Ratio Historical Data

The historical data trend for India Power'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.

India Power Cyclically Adjusted PB Ratio Chart

India Power 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 - - - - 0.79

India Power 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 - - - - 0.79

Competitive Comparison of India Power's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, India Power'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.


India Power's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, India Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



India Power 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.

India Power's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.20/19.55
=0.88

* 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.

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

For example, India Power'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)
=10.437/153.0345*153.0345
=10.437

Current CPI (Mar. 2024) = 153.0345.

India Power Quarterly Data

Book Value per Share CPI Adj_Book
201003 1.079 65.030 2.539
201103 1.133 70.768 2.450
201112 0.000 75.359 0.000
201203 1.301 76.889 2.589
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 10.027 85.687 17.908
201306 0.000 88.365 0.000
201309 10.194 91.042 17.135
201312 0.000 91.425 0.000
201403 10.310 91.425 17.258
201503 10.752 97.163 16.935
201603 11.112 102.518 16.587
201703 51.391 105.196 74.761
201803 51.620 109.786 71.955
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 11.909 118.202 15.418
201906 0.000 120.880 0.000
201909 11.938 123.175 14.832
201912 0.000 126.235 0.000
202003 16.610 124.705 20.383
202006 0.000 127.000 0.000
202009 16.640 130.118 19.571
202012 0.000 130.889 0.000
202103 16.843 131.771 19.561
202106 0.000 134.084 0.000
202109 16.869 135.847 19.003
202112 0.000 138.161 0.000
202203 14.052 138.822 15.491
202206 0.000 142.347 0.000
202209 13.810 144.661 14.609
202212 0.000 145.763 0.000
202303 10.328 146.865 10.762
202306 0.000 150.280 0.000
202309 10.361 151.492 10.466
202312 0.000 152.924 0.000
202403 10.437 153.035 10.437

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.


India Power  (NSE:DPSCLTD) 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.


India Power Cyclically Adjusted PB Ratio Related Terms

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


India Power (NSE:DPSCLTD) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. X1 - 2 and 3, Block - EP, Sector - V, Salt Lake City, Kolkata, WB, IND, 700 091
India Power Corp Ltd is an India based power generation and utility company. It is involved in the renewable and conventional modes of power generation, distribution, and power trading. Along with conventional modes of power generation, it harnesses wind and solar energies to increase power generation capacity. The company's business segments are Regulated operation and Non-Regulated operations.

India Power (NSE:DPSCLTD) Headlines

No Headlines