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Hatsun Agro Product (BOM:531531) Cyclically Adjusted PB Ratio : 24.41 (As of Jun. 05, 2024)


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What is Hatsun Agro Product Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Hatsun Agro Product's current share price is ₹996.65. Hatsun Agro Product's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹40.83. Hatsun Agro Product's Cyclically Adjusted PB Ratio for today is 24.41.

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

BOM:531531' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 24.42   Med: 29.91   Max: 55.81
Current: 24.63

During the past years, Hatsun Agro Product's highest Cyclically Adjusted PB Ratio was 55.81. The lowest was 24.42. And the median was 29.91.

BOM:531531's Cyclically Adjusted PB Ratio is ranked worse than
97.9% of 1335 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs BOM:531531: 24.63

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.

Hatsun Agro Product's adjusted book value per share data for the three months ended in Mar. 2024 was ₹70.584. 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 ₹40.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hatsun Agro Product Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hatsun Agro Product'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.

Hatsun Agro Product Cyclically Adjusted PB Ratio Chart

Hatsun Agro Product 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 - - 37.18 24.95 24.69

Hatsun Agro Product 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 24.95 - 30.43 - 24.69

Competitive Comparison of Hatsun Agro Product's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Hatsun Agro Product'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.


Hatsun Agro Product's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hatsun Agro Product's Cyclically Adjusted PB Ratio falls into.



Hatsun Agro Product 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.

Hatsun Agro Product's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=996.65/40.83
=24.41

* 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.

Hatsun Agro Product's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hatsun Agro Product'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)
=70.584/153.0345*153.0345
=70.584

Current CPI (Mar. 2024) = 153.0345.

Hatsun Agro Product Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 9.346 96.780 14.778
201412 0.000 96.780 0.000
201503 10.569 97.163 16.646
201506 0.000 99.841 0.000
201509 12.516 101.753 18.824
201512 0.000 102.901 0.000
201603 11.009 102.518 16.434
201606 0.000 105.961 0.000
201609 13.055 105.961 18.855
201612 0.000 105.196 0.000
201703 16.638 105.196 24.204
201706 0.000 107.109 0.000
201709 16.664 109.021 23.391
201712 0.000 109.404 0.000
201803 17.446 109.786 24.318
201806 0.000 111.317 0.000
201809 36.665 115.142 48.731
201812 0.000 115.142 0.000
201903 36.644 118.202 47.442
201906 0.000 120.880 0.000
201909 36.600 123.175 45.472
201912 0.000 126.235 0.000
202003 41.189 124.705 50.546
202006 0.000 127.000 0.000
202009 40.870 130.118 48.068
202012 0.000 130.889 0.000
202103 46.520 131.771 54.027
202106 0.000 134.084 0.000
202109 47.037 135.847 52.988
202112 0.000 138.161 0.000
202203 50.494 138.822 55.664
202206 0.000 142.347 0.000
202209 48.905 144.661 51.736
202212 0.000 145.763 0.000
202303 64.638 146.865 67.353
202306 0.000 150.280 0.000
202309 65.780 151.492 66.450
202312 0.000 152.924 0.000
202403 70.584 153.035 70.584

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.


Hatsun Agro Product  (BOM:531531) 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.


Hatsun Agro Product Cyclically Adjusted PB Ratio Related Terms

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


Hatsun Agro Product (BOM:531531) Business Description

Traded in Other Exchanges
Address
Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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