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Amal (BOM:506597) Cyclically Adjusted PB Ratio : 23.17 (As of Jun. 02, 2024)


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What is Amal Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Amal's current share price is ₹366.30. Amal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹15.81. Amal's Cyclically Adjusted PB Ratio for today is 23.17.

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

BOM:506597' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 23.06   Med: 38.33   Max: 606.69
Current: 23.17

During the past years, Amal's highest Cyclically Adjusted PB Ratio was 606.69. The lowest was 23.06. And the median was 38.33.

BOM:506597's Cyclically Adjusted PB Ratio is ranked worse than
98.8% of 1170 companies
in the Chemicals industry
Industry Median: 1.72 vs BOM:506597: 23.17

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.

Amal's adjusted book value per share data for the three months ended in Mar. 2024 was ₹56.536. 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 ₹15.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amal'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.

Amal Cyclically Adjusted PB Ratio Chart

Amal 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 - - 599.99 27.26 22.30

Amal 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 27.26 - 26.17 - 22.30

Competitive Comparison of Amal's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Amal'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.


Amal's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Amal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amal 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.

Amal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=366.30/15.81
=23.17

* 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.

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

For example, Amal'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)
=56.536/153.0345*153.0345
=56.536

Current CPI (Mar. 2024) = 153.0345.

Amal Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 -20.284 96.780 -32.074
201412 0.000 96.780 0.000
201503 -14.708 97.163 -23.166
201506 0.000 99.841 0.000
201509 -18.048 101.753 -27.144
201512 0.000 102.901 0.000
201603 -12.945 102.518 -19.324
201606 0.000 105.961 0.000
201609 -22.229 105.961 -32.104
201612 0.000 105.196 0.000
201703 -1.442 105.196 -2.098
201706 0.000 107.109 0.000
201709 4.458 109.021 6.258
201712 0.000 109.404 0.000
201803 8.275 109.786 11.535
201806 0.000 111.317 0.000
201809 13.569 115.142 18.034
201812 0.000 115.142 0.000
201903 15.732 118.202 20.368
201906 0.000 120.880 0.000
201909 20.884 123.175 25.947
201912 0.000 126.235 0.000
202003 24.585 124.705 30.170
202006 0.000 127.000 0.000
202009 26.843 130.118 31.571
202012 0.000 130.889 0.000
202103 32.990 131.771 38.314
202106 0.000 134.084 0.000
202109 31.113 135.847 35.049
202112 0.000 138.161 0.000
202203 34.040 138.822 37.525
202206 0.000 142.347 0.000
202209 26.537 144.661 28.073
202212 0.000 145.763 0.000
202303 55.310 146.865 57.634
202306 0.000 150.280 0.000
202309 54.566 151.492 55.122
202312 0.000 152.924 0.000
202403 56.536 153.035 56.536

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.


Amal  (BOM:506597) 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.


Amal Cyclically Adjusted PB Ratio Related Terms

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


Amal (BOM:506597) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atul, Valsad, GJ, IND, 396 020
Amal Ltd is engaged in manufacturing and marketing bulk chemicals. The company produces Sulphuric Acid and Oleum and their downstream products such as Sulphur Dioxide and Sulphur Trioxide. Its product is used in Dyestuff, Textile, Electroplating, Breweries and Food Industries.

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