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E I D Parry India (E I D Parry India) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is E I D Parry India Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


E I D Parry India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E I D Parry India'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.

E I D Parry India Cyclically Adjusted PB Ratio Chart

E I D Parry India 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 0.78 1.57 2.08 1.95 2.05

E I D Parry India 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 1.95 - 2.05 - 2.05

Competitive Comparison of E I D Parry India's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, E I D Parry India'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.


E I D Parry India's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E I D Parry India's Cyclically Adjusted PB Ratio falls into.



E I D Parry India 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.

E I D Parry India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, E I D Parry India'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)
=4.77/153.0345*153.0345
=4.770

Current CPI (Mar. 2024) = 153.0345.

E I D Parry India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 2.234 96.780 3.533
201412 0.000 96.780 0.000
201503 2.156 97.163 3.396
201506 0.000 99.841 0.000
201509 1.729 101.753 2.600
201512 0.000 102.901 0.000
201603 2.030 102.518 3.030
201606 0.000 105.961 0.000
201609 2.120 105.961 3.062
201612 0.000 105.196 0.000
201703 2.377 105.196 3.458
201706 0.000 107.109 0.000
201709 2.576 109.021 3.616
201712 0.000 109.404 0.000
201803 2.580 109.786 3.596
201806 0.000 111.317 0.000
201809 2.305 115.142 3.064
201812 0.000 115.142 0.000
201903 2.543 118.202 3.292
201906 0.000 120.880 0.000
201909 2.602 123.175 3.233
201912 0.000 126.235 0.000
202003 2.668 124.705 3.274
202006 0.000 127.000 0.000
202009 3.177 130.118 3.737
202012 0.000 130.889 0.000
202103 3.531 131.771 4.101
202106 0.000 134.084 0.000
202109 3.756 135.847 4.231
202112 0.000 138.161 0.000
202203 3.922 138.822 4.324
202206 0.000 142.347 0.000
202209 4.014 144.661 4.246
202212 0.000 145.763 0.000
202303 4.150 146.865 4.324
202306 0.000 150.280 0.000
202309 4.494 151.492 4.540
202312 0.000 152.924 0.000
202403 4.770 153.035 4.770

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.


E I D Parry India  (GREY:EIDXF) 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.


E I D Parry India Cyclically Adjusted PB Ratio Related Terms

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E I D Parry India (E I D Parry India) Business Description

Traded in Other Exchanges
Address
NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001
E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

E I D Parry India (E I D Parry India) Headlines

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