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Kerala Ayurveda (BOM:530163) Cyclically Adjusted PB Ratio : 111.90 (As of Jun. 09, 2024)


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What is Kerala Ayurveda Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kerala Ayurveda's current share price is ₹290.95. Kerala Ayurveda's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹2.60. Kerala Ayurveda's Cyclically Adjusted PB Ratio for today is 111.90.

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

BOM:530163' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 32.07   Med: 148.92   Max: 298.15
Current: 111.8

During the past 13 years, Kerala Ayurveda's highest Cyclically Adjusted PB Ratio was 298.15. The lowest was 32.07. And the median was 148.92.

BOM:530163's Cyclically Adjusted PB Ratio is ranked worse than
99.73% of 742 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs BOM:530163: 111.80

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.

Kerala Ayurveda's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹5.282. 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 ₹2.60 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kerala Ayurveda Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kerala Ayurveda'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.

Kerala Ayurveda Cyclically Adjusted PB Ratio Chart

Kerala Ayurveda Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 290.42 32.04

Kerala Ayurveda Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 32.04 - - -

Competitive Comparison of Kerala Ayurveda's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Kerala Ayurveda'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.


Kerala Ayurveda's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kerala Ayurveda's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kerala Ayurveda 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.

Kerala Ayurveda's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=290.95/2.6
=111.90

* 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.

Kerala Ayurveda's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Kerala Ayurveda's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=5.282/146.8646*146.8646
=5.282

Current CPI (Mar23) = 146.8646.

Kerala Ayurveda Annual Data

Book Value per Share CPI Adj_Book
201403 -9.737 91.425 -15.641
201503 -8.440 97.163 -12.757
201603 4.861 102.518 6.964
201703 6.602 105.196 9.217
201803 7.487 109.786 10.016
201903 3.530 118.202 4.386
202003 7.508 124.705 8.842
202103 3.224 131.771 3.593
202203 5.788 138.822 6.123
202303 5.282 146.865 5.282

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.


Kerala Ayurveda  (BOM:530163) 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.


Kerala Ayurveda Cyclically Adjusted PB Ratio Related Terms

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


Kerala Ayurveda (BOM:530163) Business Description

Traded in Other Exchanges
N/A
Address
!" Main Road, Banaswadi, 807-2C HRBR Layout, Bangalore, KA, IND, 560043
Kerala Ayurveda Ltd is engaged in producing and selling ayurvedic products and providing healthcare services. The company offers ayurvedic medicine products for diabetes and heart health, skin and hair care, kids health, women care, men's care, gastro care, respiratory and allergy, general health care, massage oils, renal care, and joint care. It provides services through wellness, resorts, hospitals, clinics, academies and other services. It generates a majority of its revenue from the sale of products. The company mainly operates in India.

Kerala Ayurveda (BOM:530163) Headlines

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