GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dharani Sugars & Chemicals Ltd (BOM:507442) » Definitions » Cyclically Adjusted PB Ratio

Dharani Sugars & Chemicals (BOM:507442) Cyclically Adjusted PB Ratio : 1.40 (As of May. 14, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Dharani Sugars & Chemicals Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Dharani Sugars & Chemicals's current share price is ₹8.63. Dharani Sugars & Chemicals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was ₹6.17. Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio for today is 1.40.

The historical rank and industry rank for Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:507442's Cyclically Adjusted PB Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.34
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Dharani Sugars & Chemicals's adjusted book value per share data for the three months ended in Mar. 2023 was ₹-59.367. 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 ₹6.17 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dharani Sugars & Chemicals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dharani Sugars & Chemicals'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.

Dharani Sugars & Chemicals Cyclically Adjusted PB Ratio Chart

Dharani Sugars & Chemicals 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 - - - 0.70 1.30

Dharani Sugars & Chemicals Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.70 - 0.87 - 1.30

Competitive Comparison of Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Dharani Sugars & Chemicals'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.


Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio falls into.



Dharani Sugars & Chemicals 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.

Dharani Sugars & Chemicals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.63/6.17
=1.40

* 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.

Dharani Sugars & Chemicals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Dharani Sugars & Chemicals's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-59.367/146.8646*146.8646
=-59.367

Current CPI (Mar. 2023) = 146.8646.

Dharani Sugars & Chemicals Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201309 34.736 91.042 56.034
201312 0.000 91.425 0.000
201403 31.404 91.425 50.447
201406 0.000 94.103 0.000
201409 19.696 96.780 29.889
201412 0.000 96.780 0.000
201503 66.555 97.163 100.600
201506 0.000 99.841 0.000
201509 -3.992 101.753 -5.762
201512 0.000 102.901 0.000
201603 63.589 102.518 91.096
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 52.526 105.196 73.332
201706 0.000 107.109 0.000
201709 47.335 109.021 63.766
201712 0.000 109.404 0.000
201803 27.034 109.786 36.164
201806 0.000 111.317 0.000
201809 4.213 115.142 5.374
201812 0.000 115.142 0.000
201903 -17.780 118.202 -22.091
201906 0.000 120.880 0.000
201909 -30.404 123.175 -36.251
201912 0.000 126.235 0.000
202003 -26.880 124.705 -31.656
202006 0.000 127.000 0.000
202009 -30.913 130.118 -34.892
202012 0.000 130.889 0.000
202103 -38.163 131.771 -42.535
202106 0.000 134.084 0.000
202109 -44.615 135.847 -48.233
202112 0.000 138.161 0.000
202203 -50.096 138.822 -52.998
202206 0.000 142.347 0.000
202209 -54.777 144.661 -55.611
202212 0.000 145.763 0.000
202303 -59.367 146.865 -59.367

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.


Dharani Sugars & Chemicals  (BOM:507442) 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.


Dharani Sugars & Chemicals Cyclically Adjusted PB Ratio Related Terms

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


Dharani Sugars & Chemicals (BOM:507442) Business Description

Traded in Other Exchanges
N/A
Address
New Number 59 (Old Number 57), Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034
Dharani Sugars & Chemicals Ltd is an Indian company. It operates in three business segments namely Sugar Manufacturing, Distillery, and Power. The company generates a majority of its revenue from the sugar segment. Its market coverage includes the Indian market.

Dharani Sugars & Chemicals (BOM:507442) Headlines

No Headlines