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Prism Johnson (BOM:500338) Cyclically Adjusted PB Ratio : 5.39 (As of May. 16, 2024)


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What is Prism Johnson Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Prism Johnson's current share price is ₹151.30. Prism Johnson's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹28.06. Prism Johnson's Cyclically Adjusted PB Ratio for today is 5.39.

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

BOM:500338' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 3.93   Max: 5.36
Current: 5.36

During the past 13 years, Prism Johnson's highest Cyclically Adjusted PB Ratio was 5.36. The lowest was 1.11. And the median was 3.93.

BOM:500338's Cyclically Adjusted PB Ratio is ranked worse than
89.56% of 297 companies
in the Building Materials industry
Industry Median: 1.09 vs BOM:500338: 5.36

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.

Prism Johnson's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹23.973. 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 ₹28.06 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prism Johnson Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prism Johnson'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.

Prism Johnson Cyclically Adjusted PB Ratio Chart

Prism Johnson Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 1.12 4.65 4.12 3.75

Prism Johnson Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 3.75 - - -

Competitive Comparison of Prism Johnson's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Prism Johnson'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.


Prism Johnson's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



Prism Johnson 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.

Prism Johnson's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=151.30/28.06
=5.39

* 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.

Prism Johnson's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Prism Johnson's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=23.973/146.8646*146.8646
=23.973

Current CPI (Mar23) = 146.8646.

Prism Johnson Annual Data

Book Value per Share CPI Adj_Book
201403 21.035 91.425 33.791
201503 20.946 97.163 31.660
201603 19.830 102.518 28.408
201703 19.766 105.196 27.595
201803 20.619 109.786 27.583
201903 22.372 118.202 27.797
202003 20.839 124.705 24.542
202103 24.665 131.771 27.490
202203 26.284 138.822 27.807
202303 23.973 146.865 23.973

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.


Prism Johnson  (BOM:500338) 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.


Prism Johnson Cyclically Adjusted PB Ratio Related Terms

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


Prism Johnson (BOM:500338) Business Description

Traded in Other Exchanges
Address
Vallabhai Patel Road, 2nd Floor, Rahejas, Main Avenue, Santacruz (West), Mumbai, MH, IND, 400 054
Prism Johnson Ltd is an integrated building materials company that makes cement products. Prism creates Portland pozzolana cement and sells it under multiple brand names that include Champion, Hi-Tech, and DuraTech. Prism operates two subsidiaries that supplement its core cement offerings: H&R Johnson and RMC Readymix. H&R Johnson builds sanitary products and ceramic tiles for kitchens and bathrooms. RMC Readymix sells ready-mixed concrete under brand names that include Enviroprotectcrete, Thermocrete, and Dycrete. It has three business segments Cement; Tile and Bath (HRJ) and Ready Mixed Concrete (RMC). The company generates the vast majority of its revenue in India.

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