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Denis Chem Lab (BOM:537536) Cyclically Adjusted PB Ratio : 3.89 (As of Jun. 08, 2024)


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What is Denis Chem Lab Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Denis Chem Lab's current share price is ₹172.50. Denis Chem Lab's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹44.37. Denis Chem Lab's Cyclically Adjusted PB Ratio for today is 3.89.

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

BOM:537536' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.44   Max: 4.66
Current: 3.89

During the past years, Denis Chem Lab's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 1.53. And the median was 2.44.

BOM:537536's Cyclically Adjusted PB Ratio is ranked worse than
74.66% of 742 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs BOM:537536: 3.89

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.

Denis Chem Lab's adjusted book value per share data for the three months ended in Mar. 2024 was ₹57.915. 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 ₹44.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Denis Chem Lab Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Denis Chem Lab'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.

Denis Chem Lab Cyclically Adjusted PB Ratio Chart

Denis Chem Lab 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 - - - 1.53 3.40

Denis Chem Lab 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 1.53 - 2.48 - 3.40

Competitive Comparison of Denis Chem Lab's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Denis Chem Lab'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.


Denis Chem Lab's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Denis Chem Lab's Cyclically Adjusted PB Ratio falls into.



Denis Chem Lab 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.

Denis Chem Lab's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=172.50/44.37
=3.89

* 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.

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

For example, Denis Chem Lab'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)
=57.915/153.0345*153.0345
=57.915

Current CPI (Mar. 2024) = 153.0345.

Denis Chem Lab Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 18.759 96.780 29.663
201412 0.000 96.780 0.000
201503 17.648 97.163 27.796
201506 0.000 99.841 0.000
201509 17.721 101.753 26.652
201512 0.000 102.901 0.000
201603 17.252 102.518 25.753
201606 0.000 105.961 0.000
201609 14.252 105.961 20.583
201612 0.000 105.196 0.000
201703 24.084 105.196 35.036
201706 0.000 107.109 0.000
201709 23.859 109.021 33.491
201712 0.000 109.404 0.000
201803 35.984 109.786 50.159
201806 0.000 111.317 0.000
201809 38.817 115.142 51.591
201812 0.000 115.142 0.000
201903 40.685 118.202 52.674
201906 0.000 120.880 0.000
201909 42.686 123.175 53.034
201912 0.000 126.235 0.000
202003 42.580 124.705 52.253
202006 0.000 127.000 0.000
202009 43.004 130.118 50.578
202012 0.000 130.889 0.000
202103 44.322 131.771 51.474
202106 0.000 134.084 0.000
202109 46.566 135.847 52.458
202112 0.000 138.161 0.000
202203 47.887 138.822 52.790
202206 0.000 142.347 0.000
202209 51.691 144.661 54.683
202212 0.000 145.763 0.000
202303 52.075 146.865 54.263
202306 0.000 150.280 0.000
202309 53.919 151.492 54.468
202312 0.000 152.924 0.000
202403 57.915 153.035 57.915

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.


Denis Chem Lab  (BOM:537536) 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.


Denis Chem Lab Cyclically Adjusted PB Ratio Related Terms

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


Denis Chem Lab (BOM:537536) Business Description

Traded in Other Exchanges
N/A
Address
Satellite Road, 401 Abhishree Complex, Opposite OM Tower, Beside Bidiwala Park, Ahmedabad, GJ, IND, 380015
Denis Chem Lab Ltd is a pharmaceutical company involved in the manufacturing of pharmaceutical products. The company offers sterile intravenous injectables for human and veterinary use for different therapeutic areas. Its product portfolio includes antibiotic injections, diuretic injections, parenteral amino acid injections, plasma volume expanders, anti-pyretic Inj. irrigation solutions and dialysis solutions. The company has only one reportable segment which is Manufacturing, and Sales of Transfusion Solution in Bottles It generates its revenues through the sale of transfusion solution in bottles.

Denis Chem Lab (BOM:537536) Headlines

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