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Berger Paints India (BOM:509480) Cyclically Adjusted PB Ratio : 16.84 (As of Jun. 08, 2024)


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What is Berger Paints India Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Berger Paints India's current share price is ₹482.55. Berger Paints India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹28.65. Berger Paints India's Cyclically Adjusted PB Ratio for today is 16.84.

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

BOM:509480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 16.04   Med: 25.35   Max: 37.89
Current: 16.04

During the past years, Berger Paints India's highest Cyclically Adjusted PB Ratio was 37.89. The lowest was 16.04. And the median was 25.35.

BOM:509480's Cyclically Adjusted PB Ratio is ranked worse than
97.59% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs BOM:509480: 16.04

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.

Berger Paints India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹46.140. 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 ₹28.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berger Paints India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Berger Paints India'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.

Berger Paints India Cyclically Adjusted PB Ratio Chart

Berger Paints India 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 28.05 35.13 26.93 19.56 19.99

Berger Paints India 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 19.56 - 21.17 - 19.99

Competitive Comparison of Berger Paints India's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Berger Paints India'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.


Berger Paints India's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Berger Paints India 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.

Berger Paints India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=482.55/28.65
=16.84

* 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.

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

For example, Berger Paints India'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)
=46.14/153.0345*153.0345
=46.140

Current CPI (Mar. 2024) = 153.0345.

Berger Paints India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 10.694 96.780 16.910
201412 0.000 96.780 0.000
201503 11.282 97.163 17.769
201506 0.000 99.841 0.000
201509 12.154 101.753 18.279
201512 0.000 102.901 0.000
201603 13.408 102.518 20.015
201606 0.000 105.961 0.000
201609 14.184 105.961 20.485
201612 0.000 105.196 0.000
201703 16.320 105.196 23.742
201706 0.000 107.109 0.000
201709 16.658 109.021 23.383
201712 0.000 109.404 0.000
201803 18.631 109.786 25.970
201806 0.000 111.317 0.000
201809 19.118 115.142 25.410
201812 0.000 115.142 0.000
201903 20.970 118.202 27.150
201906 0.000 120.880 0.000
201909 21.939 123.175 27.257
201912 0.000 126.235 0.000
202003 22.825 124.705 28.010
202006 0.000 127.000 0.000
202009 24.605 130.118 28.938
202012 0.000 130.889 0.000
202103 28.972 131.771 33.647
202106 0.000 134.084 0.000
202109 29.697 135.847 33.454
202112 0.000 138.161 0.000
202203 33.691 138.822 37.140
202206 0.000 142.347 0.000
202209 35.175 144.661 37.211
202212 0.000 145.763 0.000
202303 38.553 146.865 40.173
202306 0.000 150.280 0.000
202309 41.537 151.492 41.960
202312 0.000 152.924 0.000
202403 46.140 153.035 46.140

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.


Berger Paints India  (BOM:509480) 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.


Berger Paints India Cyclically Adjusted PB Ratio Related Terms

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


Berger Paints India (BOM:509480) Business Description

Traded in Other Exchanges
Address
129, Park Street, Berger House, Kolkata, WB, IND, 700 017
Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. Nearly all revenue comes from India.

Berger Paints India (BOM:509480) Headlines

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