GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Indo Borax & Chemicals Ltd (BOM:524342) » Definitions » Cyclically Adjusted PB Ratio

Indo Borax & Chemicals (BOM:524342) Cyclically Adjusted PB Ratio : 2.79 (As of Jun. 08, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Indo Borax & Chemicals Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Indo Borax & Chemicals's current share price is ₹161.15. Indo Borax & Chemicals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹57.71. Indo Borax & Chemicals's Cyclically Adjusted PB Ratio for today is 2.79.

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

BOM:524342' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.28   Max: 3.89
Current: 2.71

During the past 13 years, Indo Borax & Chemicals's highest Cyclically Adjusted PB Ratio was 3.89. The lowest was 0.50. And the median was 2.28.

BOM:524342's Cyclically Adjusted PB Ratio is ranked worse than
67.89% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs BOM:524342: 2.71

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.

Indo Borax & Chemicals's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹91.433. 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 ₹57.71 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indo Borax & Chemicals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals Cyclically Adjusted PB Ratio Chart

Indo Borax & Chemicals 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 0.49 1.79 3.38 2.04 2.80

Indo Borax & Chemicals 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 2.04 - - - 2.80

Competitive Comparison of Indo Borax & Chemicals's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Indo Borax & Chemicals'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.


Indo Borax & Chemicals's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Indo Borax & Chemicals's Cyclically Adjusted PB Ratio falls into.



Indo Borax & Chemicals 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.

Indo Borax & Chemicals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=161.15/57.71
=2.79

* 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.

Indo Borax & Chemicals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Indo Borax & Chemicals'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)
=91.433/153.0345*153.0345
=91.433

Current CPI (Mar24) = 153.0345.

Indo Borax & Chemicals Annual Data

Book Value per Share CPI Adj_Book
201503 24.442 97.163 38.497
201603 27.134 102.518 40.504
201703 29.473 105.196 42.876
201803 32.575 109.786 45.407
201903 37.833 118.202 48.982
202003 43.110 124.705 52.903
202103 53.851 131.771 62.541
202203 64.554 138.822 71.163
202303 79.480 146.865 82.819
202403 91.433 153.035 91.433

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.


Indo Borax & Chemicals  (BOM:524342) 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.


Indo Borax & Chemicals Cyclically Adjusted PB Ratio Related Terms

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


Indo Borax & Chemicals (BOM:524342) Business Description

Traded in Other Exchanges
Address
Linking Road, 302, Link Rose, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.

Indo Borax & Chemicals (BOM:524342) Headlines

No Headlines