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Makers Laboratories (BOM:506919) Cyclically Adjusted PB Ratio : 1.19 (As of Jun. 06, 2024)


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What is Makers Laboratories Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Makers Laboratories's current share price is ₹122.45. Makers Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹102.89. Makers Laboratories's Cyclically Adjusted PB Ratio for today is 1.19.

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

BOM:506919' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.51   Max: 3.38
Current: 1.21

During the past years, Makers Laboratories's highest Cyclically Adjusted PB Ratio was 3.38. The lowest was 1.02. And the median was 1.51.

BOM:506919's Cyclically Adjusted PB Ratio is ranked better than
67.08% of 732 companies
in the Drug Manufacturers industry
Industry Median: 1.885 vs BOM:506919: 1.21

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.

Makers Laboratories's adjusted book value per share data for the three months ended in Mar. 2024 was ₹106.852. 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 ₹102.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makers Laboratories Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Makers Laboratories'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.

Makers Laboratories Cyclically Adjusted PB Ratio Chart

Makers Laboratories 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 - 2.97 2.10 1.02 1.09

Makers Laboratories 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 1.02 - 1.08 - 1.09

Competitive Comparison of Makers Laboratories's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Makers Laboratories'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.


Makers Laboratories's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Makers Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Makers Laboratories 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.

Makers Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.45/102.89
=1.19

* 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.

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

For example, Makers Laboratories'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)
=106.852/153.0345*153.0345
=106.852

Current CPI (Mar. 2024) = 153.0345.

Makers Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 47.311 96.780 74.811
201412 0.000 96.780 0.000
201503 48.052 97.163 75.683
201506 0.000 99.841 0.000
201509 51.868 101.753 78.008
201512 0.000 102.901 0.000
201603 59.653 102.518 89.047
201606 0.000 105.961 0.000
201609 55.938 105.961 80.789
201612 0.000 105.196 0.000
201703 58.268 105.196 84.766
201706 0.000 107.109 0.000
201709 65.757 109.021 92.304
201712 0.000 109.404 0.000
201803 71.852 109.786 100.157
201806 0.000 111.317 0.000
201809 74.999 115.142 99.681
201812 0.000 115.142 0.000
201903 81.374 118.202 105.354
201906 0.000 120.880 0.000
201909 77.981 123.175 96.885
201912 0.000 126.235 0.000
202003 87.067 124.705 106.846
202006 0.000 127.000 0.000
202009 101.079 130.118 118.881
202012 0.000 130.889 0.000
202103 105.623 131.771 122.668
202106 0.000 134.084 0.000
202109 113.693 135.847 128.078
202112 0.000 138.161 0.000
202203 121.173 138.822 133.579
202206 0.000 142.347 0.000
202209 121.515 144.661 128.549
202212 0.000 145.763 0.000
202303 117.283 146.865 122.210
202306 0.000 150.280 0.000
202309 111.421 151.492 112.555
202312 0.000 152.924 0.000
202403 106.852 153.035 106.852

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.


Makers Laboratories  (BOM:506919) 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.


Makers Laboratories Cyclically Adjusted PB Ratio Related Terms

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


Makers Laboratories (BOM:506919) Business Description

Traded in Other Exchanges
N/A
Address
54-D, Kandivli Industrial Estate, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067
Makers Laboratories Ltd is an India-based pharmaceutical company. The company is engaged in the manufacturing and marketing of pharmaceutical products. The company's product portfolio includes Duramol (Paracetamol), Artemak-AB, Loroquin (Chloroquine), Nimuwin (Nimuselide), Coffwin (Anti cough Range), and Exylin (Amoxycillin range) among others.

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