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Aarti Industries (BOM:524208) Cyclically Adjusted PB Ratio : 6.53 (As of Jun. 08, 2024)


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What is Aarti Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Aarti Industries's current share price is ₹634.60. Aarti Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹97.11. Aarti Industries's Cyclically Adjusted PB Ratio for today is 6.53.

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

BOM:524208' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.95   Med: 9.72   Max: 15.8
Current: 6.29

During the past 13 years, Aarti Industries's highest Cyclically Adjusted PB Ratio was 15.80. The lowest was 5.95. And the median was 9.72.

BOM:524208's Cyclically Adjusted PB Ratio is ranked worse than
89.27% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs BOM:524208: 6.29

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.

Aarti Industries's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹145.929. 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 ₹97.11 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aarti Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aarti Industries'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.

Aarti Industries Cyclically Adjusted PB Ratio Chart

Aarti Industries 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 7.64 11.46 13.73 6.23 6.86

Aarti Industries 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 6.23 - - - 6.86

Competitive Comparison of Aarti Industries's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Aarti Industries'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.


Aarti Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Aarti Industries 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.

Aarti Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=634.60/97.11
=6.53

* 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.

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

For example, Aarti Industries'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)
=145.929/153.0345*153.0345
=145.929

Current CPI (Mar24) = 153.0345.

Aarti Industries Annual Data

Book Value per Share CPI Adj_Book
201503 30.183 97.163 47.539
201603 34.124 102.518 50.939
201703 41.478 105.196 60.340
201803 48.537 109.786 67.657
201903 75.886 118.202 98.248
202003 85.482 124.705 104.901
202103 100.517 131.771 116.738
202203 124.597 138.822 137.353
202303 135.725 146.865 141.427
202403 145.929 153.035 145.929

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.


Aarti Industries  (BOM:524208) 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.


Aarti Industries Cyclically Adjusted PB Ratio Related Terms

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Aarti Industries (BOM:524208) Business Description

Traded in Other Exchanges
Address
Mulund Goregaon Link Road, L.B.S. Marg, 71, Udyog Kshetra, 2nd Floor, Mulund (West), Mumbai, MH, IND, 400080
Aarti Industries Ltd manufactures and sells chemicals and chemical-based products in two segments based on the product type. The Specialty chemical segment, which generates the majority of revenue, sells benzene-based chemicals, which are used in agricultural products, dyes and pigments, and flavors and fragrances. The Pharmaceuticals segment sells drugs used to treat diarrhea, inflammation, asthma, as well as antibiotics and antidiabetics. More revenue comes from India than any other country or region.

Aarti Industries (BOM:524208) Headlines

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