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Vasundhara Rasayans (BOM:538634) Cyclically Adjusted PB Ratio : 3.23 (As of Jun. 08, 2024)


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What is Vasundhara Rasayans Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Vasundhara Rasayans's current share price is ₹223.25. Vasundhara Rasayans's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹69.22. Vasundhara Rasayans's Cyclically Adjusted PB Ratio for today is 3.23.

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

BOM:538634' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 2.97   Max: 3.42
Current: 3.19

During the past years, Vasundhara Rasayans's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 2.08. And the median was 2.97.

BOM:538634's Cyclically Adjusted PB Ratio is ranked worse than
73.71% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs BOM:538634: 3.19

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.

Vasundhara Rasayans's adjusted book value per share data for the three months ended in Mar. 2024 was ₹100.688. 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 ₹69.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vasundhara Rasayans Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vasundhara Rasayans'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.

Vasundhara Rasayans Cyclically Adjusted PB Ratio Chart

Vasundhara Rasayans 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 - - - 2.08 2.79

Vasundhara Rasayans 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 2.08 - 2.93 - 2.79

Competitive Comparison of Vasundhara Rasayans's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Vasundhara Rasayans'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.


Vasundhara Rasayans's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Vasundhara Rasayans 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.

Vasundhara Rasayans's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=223.25/69.22
=3.23

* 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.

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

For example, Vasundhara Rasayans'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)
=100.688/153.0345*153.0345
=100.688

Current CPI (Mar. 2024) = 153.0345.

Vasundhara Rasayans Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 21.720 97.163 34.210
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 22.463 102.518 33.532
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 22.707 105.196 33.033
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 43.219 109.786 60.244
201806 0.000 111.317 0.000
201809 49.521 115.142 65.818
201812 0.000 115.142 0.000
201903 46.586 118.202 60.314
201906 0.000 120.880 0.000
201909 50.014 123.175 62.138
201912 0.000 126.235 0.000
202003 54.785 124.705 67.231
202006 0.000 127.000 0.000
202009 61.446 130.118 72.268
202012 64.891 130.889 75.870
202103 62.522 131.771 72.611
202106 68.802 134.084 78.526
202109 63.964 135.847 72.057
202112 64.270 138.161 71.189
202203 67.764 138.822 74.702
202206 70.298 142.347 75.576
202209 82.377 144.661 87.145
202212 0.000 145.763 0.000
202303 84.383 146.865 87.928
202306 0.000 150.280 0.000
202309 98.271 151.492 99.272
202312 0.000 152.924 0.000
202403 100.688 153.035 100.688

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.


Vasundhara Rasayans  (BOM:538634) 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.


Vasundhara Rasayans Cyclically Adjusted PB Ratio Related Terms

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Vasundhara Rasayans (BOM:538634) Business Description

Traded in Other Exchanges
N/A
Address
Shed no. 42, Phase II, IDA, Mallapur, Hyderabad, TG, IND, 500076
Vasundhara Rasayans Ltd is the manufacturer and exporter of antacids therapeutic category of active pharm ingredients (API). The company operates through two segments namely Export and Domestic. Its products consist of antacid API which includes dried aluminum hydroxide gel, magaldrate, aluminum hydroxide pate, and many more. The company's products are offered in various forms like paste, powder, and micronized grade powder. Additionally, it caters as well as provides technical backup support to many industries including pharmaceutical, food, and chemical. Geographically company generates the majority of its revenue from the domestic market.

Vasundhara Rasayans (BOM:538634) Headlines

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