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Vodafone Idea (NSE:IDEA) Cyclically Adjusted PB Ratio : 0.67 (As of May. 30, 2024)


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What is Vodafone Idea Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Vodafone Idea's current share price is ₹14.80. Vodafone Idea's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹22.00. Vodafone Idea's Cyclically Adjusted PB Ratio for today is 0.67.

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

NSE:IDEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.28   Max: 0.69
Current: 0.67

During the past years, Vodafone Idea's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.08. And the median was 0.28.

NSE:IDEA's Cyclically Adjusted PB Ratio is ranked better than
74.05% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.51 vs NSE:IDEA: 0.67

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.

Vodafone Idea's adjusted book value per share data for the three months ended in Mar. 2024 was ₹-20.784. 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 ₹22.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vodafone Idea Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vodafone Idea'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.

Vodafone Idea Cyclically Adjusted PB Ratio Chart

Vodafone Idea 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 0.08 0.25 0.30 0.21 0.60

Vodafone Idea 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 0.21 - 0.46 - 0.60

Competitive Comparison of Vodafone Idea's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Vodafone Idea'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.


Vodafone Idea's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vodafone Idea 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.

Vodafone Idea's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.80/22
=0.67

* 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.

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

For example, Vodafone Idea'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)
=-20.784/153.0345*153.0345
=-20.784

Current CPI (Mar. 2024) = 153.0345.

Vodafone Idea Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 36.320 96.780 57.431
201412 0.000 96.780 0.000
201503 35.379 97.163 55.723
201506 0.000 99.841 0.000
201509 41.560 101.753 62.505
201512 0.000 102.901 0.000
201603 39.507 102.518 58.974
201606 0.000 105.961 0.000
201609 39.588 105.961 57.175
201612 0.000 105.196 0.000
201703 41.434 105.196 60.276
201706 0.000 107.109 0.000
201709 38.179 109.021 53.592
201712 0.000 109.404 0.000
201803 37.773 109.786 52.653
201806 0.000 111.317 0.000
201809 48.084 115.142 63.908
201812 0.000 115.142 0.000
201903 41.233 118.202 53.384
201906 0.000 120.880 0.000
201909 8.376 123.175 10.406
201912 0.000 126.235 0.000
202003 2.081 124.705 2.554
202006 0.000 127.000 0.000
202009 -9.292 130.118 -10.929
202012 0.000 130.889 0.000
202103 -13.303 131.771 -15.450
202106 0.000 134.084 0.000
202109 -18.335 135.847 -20.655
202112 0.000 138.161 0.000
202203 -19.292 138.822 -21.267
202206 0.000 142.347 0.000
202209 -23.792 144.661 -25.169
202212 0.000 145.763 0.000
202303 -15.275 146.865 -15.917
202306 0.000 150.280 0.000
202309 -18.682 151.492 -18.872
202312 0.000 152.924 0.000
202403 -20.784 153.035 -20.784

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.


Vodafone Idea  (NSE:IDEA) 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.


Vodafone Idea Cyclically Adjusted PB Ratio Related Terms

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


Vodafone Idea (NSE:IDEA) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, Birla Centurion, 10th Floor, Plot No. 794, B Wing, Century Mills Compound, Worli, Mumbai, MH, IND, 400 030
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.

Vodafone Idea (NSE:IDEA) Headlines