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Jyothy Labs (BOM:532926) Cyclically Adjusted PB Ratio : 9.97 (As of May. 27, 2024)


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What is Jyothy Labs Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Jyothy Labs's current share price is ₹421.05. Jyothy Labs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹42.23. Jyothy Labs's Cyclically Adjusted PB Ratio for today is 9.97.

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

BOM:532926' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.93   Med: 4.93   Max: 11.69
Current: 9.88

During the past years, Jyothy Labs's highest Cyclically Adjusted PB Ratio was 11.69. The lowest was 3.93. And the median was 4.93.

BOM:532926's Cyclically Adjusted PB Ratio is ranked worse than
94.62% of 1282 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs BOM:532926: 9.88

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.

Jyothy Labs's adjusted book value per share data for the three months ended in Mar. 2024 was ₹49.245. 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 ₹42.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jyothy Labs Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jyothy Labs'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.

Jyothy Labs Cyclically Adjusted PB Ratio Chart

Jyothy Labs 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 - 3.99 4.05 4.83 10.41

Jyothy Labs 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 4.83 - 8.82 - 10.41

Competitive Comparison of Jyothy Labs's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Jyothy Labs'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.


Jyothy Labs's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Jyothy Labs 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.

Jyothy Labs's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=421.05/42.23
=9.97

* 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.

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

For example, Jyothy Labs'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)
=49.245/153.0345*153.0345
=49.245

Current CPI (Mar. 2024) = 153.0345.

Jyothy Labs Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 22.217 96.780 35.131
201412 0.000 96.780 0.000
201503 27.134 97.163 42.737
201506 0.000 99.841 0.000
201509 24.337 101.753 36.602
201512 0.000 102.901 0.000
201603 24.886 102.518 37.149
201606 0.000 105.961 0.000
201609 26.430 105.961 38.172
201612 0.000 105.196 0.000
201703 29.970 105.196 43.599
201706 0.000 107.109 0.000
201709 28.354 109.021 39.801
201712 0.000 109.404 0.000
201803 31.470 109.786 43.867
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 36.125 118.202 46.770
201906 0.000 120.880 0.000
201909 35.100 123.175 43.609
201912 0.000 126.235 0.000
202003 33.459 124.705 41.060
202006 0.000 127.000 0.000
202009 36.566 130.118 43.006
202012 0.000 130.889 0.000
202103 38.903 131.771 45.181
202106 0.000 134.084 0.000
202109 37.216 135.847 41.925
202112 0.000 138.161 0.000
202203 39.312 138.822 43.337
202206 0.000 142.347 0.000
202209 39.885 144.661 42.194
202212 0.000 145.763 0.000
202303 42.183 146.865 43.955
202306 0.000 150.280 0.000
202309 44.641 151.492 45.096
202312 0.000 152.924 0.000
202403 49.245 153.035 49.245

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.


Jyothy Labs  (BOM:532926) 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.


Jyothy Labs Cyclically Adjusted PB Ratio Related Terms

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


Jyothy Labs (BOM:532926) Business Description

Traded in Other Exchanges
Address
Ram Krishna Mandir Road, Ujala House, Kondivita, Andheri (East), Mumbai, MH, IND, 400 059
Jyothy Labs Ltd is an India-based company that is principally engaged in manufacturing and distributing fast-moving consumer goods, which are categorized into fabric care, dishwashing, household insecticide, and personal care. The company's products consist of fabric wash goods, dishwashing bars, beauty soap, household insecticide, incense sticks and scrubber, and other body care products, which jointly account for most of the company's total revenue. The company owns a number of brands, such as Jjala, Henko, Mr. White, Chek, Exo, Pril, Maxo, and Margo, and also offers laundry service. It focuses its business in the Indian market.

Jyothy Labs (BOM:532926) Headlines

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