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Parker Agro Chem Exports (BOM:524628) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Parker Agro Chem Exports Cyclically Adjusted PB Ratio?

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Parker Agro Chem Exports Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Parker Agro Chem Exports'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.

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Parker Agro Chem Exports Cyclically Adjusted PB Ratio Chart

Parker Agro Chem Exports Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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Parker Agro Chem Exports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Parker Agro Chem Exports's Cyclically Adjusted PB Ratio

For the Rental & Leasing Services subindustry, Parker Agro Chem Exports'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.


Parker Agro Chem Exports's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Parker Agro Chem Exports's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Parker Agro Chem Exports's Cyclically Adjusted PB Ratio falls into.



Parker Agro Chem Exports 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.

Parker Agro Chem Exports's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Parker Agro Chem Exports'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)
=8.495/153.0345*153.0345
=8.495

Current CPI (Mar. 2024) = 153.0345.

Parker Agro Chem Exports Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 2,164,099.393 96.780 3,421,993.178
201412 0.000 96.780 0.000
201503 13.525 97.163 21.302
201506 0.000 99.841 0.000
201509 14.763 101.753 22.203
201512 0.000 102.901 0.000
201603 13.864 102.518 20.696
201606 0.000 105.961 0.000
201609 14.031 105.961 20.264
201612 0.000 105.196 0.000
201703 13.864 105.196 20.169
201706 0.000 107.109 0.000
201709 14.969 109.021 21.012
201712 0.000 109.404 0.000
201803 14.116 109.786 19.677
201806 0.000 111.317 0.000
201809 14.119 115.142 18.765
201812 0.000 115.142 0.000
201903 12.854 118.202 16.642
201906 0.000 120.880 0.000
201909 11.328 123.175 14.074
201912 0.000 126.235 0.000
202003 11.414 124.705 14.007
202006 0.000 127.000 0.000
202009 10.094 130.118 11.872
202012 0.000 130.889 0.000
202103 6.837 131.771 7.940
202106 0.000 134.084 0.000
202109 5.211 135.847 5.870
202112 0.000 138.161 0.000
202203 4.948 138.822 5.455
202206 0.000 142.347 0.000
202209 5.265 144.661 5.570
202212 0.000 145.763 0.000
202303 6.314 146.865 6.579
202306 0.000 150.280 0.000
202309 9.051 151.492 9.143
202312 0.000 152.924 0.000
202403 8.495 153.035 8.495

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.


Parker Agro Chem Exports  (BOM:524628) 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.


Parker Agro Chem Exports Cyclically Adjusted PB Ratio Related Terms

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Parker Agro Chem Exports (BOM:524628) Business Description

Traded in Other Exchanges
N/A
Address
Panchwati Five Roads, 401, 4th Floor, Turqouise Building, Ahmedabad, GJ, IND, 380006
Parker Agro Chem Exports Ltd is engaged in the development and renting of petroleum and edible oil storage tanks with connecting pipelines to Port/Jetty. The company is also engaged in trading in commodities including gold and silver and also shares and securities. Its segments are Commodity futures; Trading of imported RBD Palm Oil and Renting of Tank Farm. It generates the majority of its revenue from the Renting of Tank Farm segment.

Parker Agro Chem Exports (BOM:524628) Headlines

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