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Mahanagar Telephone Nigam (STU:MTN1) Cyclically Adjusted PB Ratio : (As of Oct. 09, 2024)


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What is Mahanagar Telephone Nigam Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahanagar Telephone Nigam Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mahanagar Telephone Nigam'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.

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Mahanagar Telephone Nigam Cyclically Adjusted PB Ratio Chart

Mahanagar Telephone Nigam 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 0.07 0.42 - - -

Mahanagar Telephone Nigam Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Mahanagar Telephone Nigam's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Mahanagar Telephone Nigam'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.


Mahanagar Telephone Nigam's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Mahanagar Telephone Nigam's Cyclically Adjusted PB Ratio falls into.



Mahanagar Telephone Nigam 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.

Mahanagar Telephone Nigam's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Mahanagar Telephone Nigam's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Mahanagar Telephone Nigam Quarterly Data

Book Value per Share CPI Adj_Book
201003 3.123 65.030 7.482
201009 5.590 68.473 12.718
201103 1.400 70.768 3.082
201106 0.000 72.298 0.000
201109 0.000 75.359 0.000
201112 0.000 75.359 0.000
201203 1.209 76.889 2.450
201206 0.000 79.567 0.000
201209 0.176 82.244 0.333
201303 -1.256 85.687 -2.284
201403 1.899 91.425 3.236
201503 0.723 97.163 1.159
201603 -0.173 102.518 -0.263
201703 -1.519 105.196 -2.250
201803 -2.506 109.786 -3.556
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -3.933 118.202 -5.184
201906 0.000 120.880 0.000
201909 -4.759 123.175 -6.019
201912 0.000 126.235 0.000
202003 -5.234 124.705 -6.539
202006 0.000 127.000 0.000
202009 -5.428 130.118 -6.499
202012 0.000 130.889 0.000
202103 -5.876 131.771 -6.947
202106 0.000 134.084 0.000
202109 -6.375 135.847 -7.311
202112 0.000 138.161 0.000
202203 -7.063 138.822 -7.926
202206 0.000 142.347 0.000
202209 -8.012 144.661 -8.628
202212 0.000 145.763 0.000
202303 -7.517 146.865 -7.974
202306 0.000 150.280 0.000
202309 -7.967 151.492 -8.193
202312 0.000 152.924 0.000
202403 -8.318 153.035 -8.468
202406 0.000 155.789 0.000

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.


Mahanagar Telephone Nigam  (STU:MTN1) 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.


Mahanagar Telephone Nigam Cyclically Adjusted PB Ratio Related Terms

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Mahanagar Telephone Nigam Business Description

Traded in Other Exchanges
Address
Lodhi Road, 5th Floor, 9, CGO Complex, Mahanagar Doorsanchar Sadan, New Delhi, IND, 110 003
Mahanagar Telephone Nigam Ltd is an India-based company that provides telecommunications services. The company's operating segment includes the Basic and Cellular segments. It generates maximum revenue from the Basic segment. The company offers various telecom services, including fixed telephone service, GSM (including 3G services), Internet, Broadband, ISDN, and Leased Line services.

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