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Gujarat Petrosynthese (BOM:506858) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 10, 2024)


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What is Gujarat Petrosynthese Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Gujarat Petrosynthese's current share price is ₹65.72. Gujarat Petrosynthese's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹62.96. Gujarat Petrosynthese's Cyclically Adjusted PB Ratio for today is 1.04.

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

BOM:506858' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.62   Max: 1.48
Current: 1.04

During the past 13 years, Gujarat Petrosynthese's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.11. And the median was 0.62.

BOM:506858's Cyclically Adjusted PB Ratio is ranked better than
70.05% of 1202 companies
in the Chemicals industry
Industry Median: 1.66 vs BOM:506858: 1.04

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.

Gujarat Petrosynthese's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹81.187. 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 ₹62.96 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Petrosynthese Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gujarat Petrosynthese'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.

Gujarat Petrosynthese Cyclically Adjusted PB Ratio Chart

Gujarat Petrosynthese 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 0.11 0.62 0.75 0.51 0.77

Gujarat Petrosynthese 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 0.51 - - - 0.77

Competitive Comparison of Gujarat Petrosynthese's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Gujarat Petrosynthese'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.


Gujarat Petrosynthese's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Gujarat Petrosynthese 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.

Gujarat Petrosynthese's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.72/62.96
=1.04

* 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.

Gujarat Petrosynthese's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Gujarat Petrosynthese'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)
=81.187/153.0345*153.0345
=81.187

Current CPI (Mar24) = 153.0345.

Gujarat Petrosynthese Annual Data

Book Value per Share CPI Adj_Book
201503 25.019 97.163 39.406
201603 21.342 102.518 31.858
201703 22.992 105.196 33.448
201803 22.127 109.786 30.843
201903 63.368 118.202 82.042
202003 64.325 124.705 78.938
202103 74.274 131.771 86.260
202203 76.086 138.822 83.876
202303 78.407 146.865 81.701
202403 81.187 153.035 81.187

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.


Gujarat Petrosynthese  (BOM:506858) 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.


Gujarat Petrosynthese Cyclically Adjusted PB Ratio Related Terms

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


Gujarat Petrosynthese (BOM:506858) Business Description

Traded in Other Exchanges
N/A
Address
City of Joy J.S.D Road, Ecstasy, 718, 7th Floor, Mulund (West), Mumbai, MH, IND, 400080
Gujarat Petrosynthese Ltd is engaged in the business of manufacturing and selling polybutenes and its byproducts. The company offers polymer blends and alloys, specialty grade compounds, engineering plastics. It serves electrical and electronics, automobile, textile, telecommunication, consumer goods, and light industries. The company products include Modified ABS - Synolac, Modified PC - Synonate, Modified POM - Synol, Modified SAN - Synsan, Modified PC/PO - Synofin, Modified PC/ABS - Synonate, Modified PC/PBT - Synolate, Modified PP/EPDM - Synofin and others.

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