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Ambuja Cements (NSE:AMBUJACEM) Cyclically Adjusted PB Ratio : 4.56 (As of Jun. 10, 2024)


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What is Ambuja Cements Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Ambuja Cements's current share price is ₹621.30. Ambuja Cements's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹136.16. Ambuja Cements's Cyclically Adjusted PB Ratio for today is 4.56.

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

NSE:AMBUJACEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.24   Med: 4.08   Max: 4.67
Current: 4.57

During the past years, Ambuja Cements's highest Cyclically Adjusted PB Ratio was 4.67. The lowest was 3.24. And the median was 4.08.

NSE:AMBUJACEM's Cyclically Adjusted PB Ratio is ranked worse than
87.19% of 320 companies
in the Building Materials industry
Industry Median: 1.07 vs NSE:AMBUJACEM: 4.57

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.

Ambuja Cements's adjusted book value per share data for the three months ended in Mar. 2024 was ₹188.631. 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 ₹136.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ambuja Cements Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ambuja Cements'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.

Ambuja Cements Cyclically Adjusted PB Ratio Chart

Ambuja Cements Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.50

Ambuja Cements Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 - - 3.33 - 4.50

Competitive Comparison of Ambuja Cements's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Ambuja Cements'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.


Ambuja Cements's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ambuja Cements's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ambuja Cements 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.

Ambuja Cements's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=621.30/136.16
=4.56

* 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.

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

For example, Ambuja Cements'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)
=188.631/153.0345*153.0345
=188.631

Current CPI (Mar. 2024) = 153.0345.

Ambuja Cements Quarterly Data

Book Value per Share CPI Adj_Book
200812 37.240 56.232 101.348
200912 42.448 64.648 100.483
201012 48.034 70.768 103.872
201112 52.560 75.359 106.736
201212 57.045 83.774 104.207
201312 61.208 91.425 102.455
201412 64.978 96.780 102.747
201509 0.000 101.753 0.000
201512 124.532 102.901 185.204
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 99.821 105.196 145.215
201703 0.000 105.196 0.000
201706 102.844 107.109 146.941
201709 0.000 109.021 0.000
201712 104.108 109.404 145.627
201803 0.000 109.786 0.000
201806 106.338 111.317 146.190
201809 0.000 115.142 0.000
201812 112.661 115.142 149.737
201903 0.000 118.202 0.000
201906 116.388 120.880 147.348
201909 0.000 123.175 0.000
201912 121.260 126.235 147.003
202003 0.000 124.705 0.000
202006 124.799 127.000 150.382
202009 0.000 130.118 0.000
202012 114.610 130.889 134.001
202103 0.000 131.771 0.000
202106 122.845 134.084 140.207
202109 0.000 135.847 0.000
202112 127.685 138.161 141.431
202203 0.000 138.822 0.000
202206 128.560 142.347 138.212
202209 0.000 144.661 0.000
202306 0.000 150.280 0.000
202309 165.723 151.492 167.410
202312 0.000 152.924 0.000
202403 188.631 153.035 188.631

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.


Ambuja Cements  (NSE:AMBUJACEM) 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.


Ambuja Cements Cyclically Adjusted PB Ratio Related Terms

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


Ambuja Cements (NSE:AMBUJACEM) Business Description

Traded in Other Exchanges
Address
MIDC Cross Road ‘B’, Off Andheri-Kurla Road, Elegant Business Park, Andheri (East), Mumbai, MH, IND, 400059
Ambuja Cements Ltd manufactures and sells cement, concrete, and cement-related products to the building and construction industries. The company's portfolio of products includes Portland Pozolona cement and ordinary Portland cement. The vast majority of the firm's revenue is generated in India. Ambuja Cements has operations throughout India and uses a network of ports, bulk cement terminals, captive ships, and railroads to transport its products to both warehouses and directly to customers. The company also has a technical services team that partners with customers to teach concrete mixing and curing techniques.

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