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Mangalam Drugs & Organics (BOM:532637) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Mangalam Drugs & Organics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mangalam Drugs & Organics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mangalam Drugs & Organics'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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Mangalam Drugs & Organics Cyclically Adjusted PB Ratio Chart

Mangalam Drugs & Organics 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 - 1.77 1.64 1.37 -

Mangalam Drugs & Organics 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 1.37 - 1.37 - -

Competitive Comparison of Mangalam Drugs & Organics's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Mangalam Drugs & Organics'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.


Mangalam Drugs & Organics's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mangalam Drugs & Organics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mangalam Drugs & Organics's Cyclically Adjusted PB Ratio falls into.



Mangalam Drugs & Organics 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.

Mangalam Drugs & Organics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mangalam Drugs & Organics's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Mangalam Drugs & Organics Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.622 91.425 29.476
201406 0.000 94.103 0.000
201409 18.990 96.780 30.006
201412 0.000 96.780 0.000
201503 22.282 97.163 35.070
201506 0.000 99.841 0.000
201509 39.014 101.753 58.634
201512 0.000 102.901 0.000
201603 43.166 102.518 64.390
201606 0.000 105.961 0.000
201609 46.377 105.961 66.932
201612 0.000 105.196 0.000
201703 54.155 105.196 78.726
201706 0.000 107.109 0.000
201709 60.694 109.021 85.135
201712 0.000 109.404 0.000
201803 65.558 109.786 91.317
201806 0.000 111.317 0.000
201809 67.972 115.142 90.276
201812 0.000 115.142 0.000
201903 60.438 118.202 78.192
201906 0.000 120.880 0.000
201909 61.423 123.175 76.258
201912 0.000 126.235 0.000
202003 65.667 124.705 80.527
202006 0.000 127.000 0.000
202009 77.490 130.118 91.072
202012 0.000 130.889 0.000
202103 82.628 131.771 95.893
202106 0.000 134.084 0.000
202109 88.305 135.847 99.406
202112 0.000 138.161 0.000
202203 95.122 138.822 104.785
202206 0.000 142.347 0.000
202209 98.464 144.661 104.088
202212 0.000 145.763 0.000
202303 96.003 146.865 99.964
202306 0.000 150.280 0.000
202309 83.640 151.492 84.431
202312 0.000 152.924 0.000

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.


Mangalam Drugs & Organics  (BOM:532637) 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.


Mangalam Drugs & Organics Cyclically Adjusted PB Ratio Related Terms

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Mangalam Drugs & Organics (BOM:532637) Business Description

Traded in Other Exchanges
Address
239, P. D’Mello Road, Rupam Building, 3rd Floor, Near General Post Office, Mumbai, MH, IND, 400001
Mangalam Drugs & Organics Ltd is an Indian company operating in the healthcare sector. It is engaged in the research and development and manufacturing of drugs. Its product range includes Active Pharmaceutical Ingredients (APIs), Intermediates, and Specialty chemicals. Its sales comprise of sales in the Indian and overseas markets.

Mangalam Drugs & Organics (BOM:532637) Headlines

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