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Housing & Urban Development (NSE:HUDCO) Cyclically Adjusted PB Ratio : 3.44 (As of Jun. 07, 2024)


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What is Housing & Urban Development Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Housing & Urban Development's current share price is ₹249.65. Housing & Urban Development's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹72.54. Housing & Urban Development's Cyclically Adjusted PB Ratio for today is 3.44.

The historical rank and industry rank for Housing & Urban Development's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:HUDCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.8   Max: 3.77
Current: 3.77

During the past 13 years, Housing & Urban Development's highest Cyclically Adjusted PB Ratio was 3.77. The lowest was 0.51. And the median was 0.80.

NSE:HUDCO's Cyclically Adjusted PB Ratio is ranked worse than
86.32% of 351 companies
in the Credit Services industry
Industry Median: 0.93 vs NSE:HUDCO: 3.77

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.

Housing & Urban Development's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹82.984. 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 ₹72.54 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Housing & Urban Development Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Housing & Urban Development'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.

Housing & Urban Development Cyclically Adjusted PB Ratio Chart

Housing & Urban Development 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 - 0.77 0.53 0.64 2.58

Housing & Urban Development 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 0.64 - - - 2.58

Competitive Comparison of Housing & Urban Development's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Housing & Urban Development'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.


Housing & Urban Development's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Housing & Urban Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Housing & Urban Development's Cyclically Adjusted PB Ratio falls into.



Housing & Urban Development 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.

Housing & Urban Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=249.65/72.54
=3.44

* 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.

Housing & Urban Development's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Housing & Urban Development'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)
=82.984/153.0345*153.0345
=82.984

Current CPI (Mar24) = 153.0345.

Housing & Urban Development Annual Data

Book Value per Share CPI Adj_Book
201503 38.865 97.163 61.214
201603 42.188 102.518 62.976
201703 45.323 105.196 65.934
201803 49.664 109.786 69.228
201903 54.724 118.202 70.850
202003 61.655 124.705 75.661
202103 65.878 131.771 76.509
202203 72.265 138.822 79.664
202303 77.144 146.865 80.385
202403 82.984 153.035 82.984

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.


Housing & Urban Development  (NSE:HUDCO) 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.


Housing & Urban Development Cyclically Adjusted PB Ratio Related Terms

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


Housing & Urban Development (NSE:HUDCO) Business Description

Traded in Other Exchanges
Address
India Habitat Centre, Lodhi Road, HUDCO Bhawan, Core-7-A, New Delhi, IND, 110 003
Housing & Urban Development Corp Ltd is engaged in providing long-term finance for the construction of houses for residential purposes or finances or undertaking housing and urban infrastructure development programs. The company provides loans for projects like water supply, roads and transport, power, social infrastructure, sewerage, drainage, solid waste management, and others.

Housing & Urban Development (NSE:HUDCO) Headlines

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