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Mahip Industries (BOM:542503) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 05, 2024)


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What is Mahip Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Mahip Industries's current share price is ₹3.43. Mahip Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹9.38. Mahip Industries's Cyclically Adjusted PB Ratio for today is 0.37.

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

BOM:542503' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.33   Max: 0.37
Current: 0.37

During the past 11 years, Mahip Industries's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.33. And the median was 0.33.

BOM:542503's Cyclically Adjusted PB Ratio is not ranked
in the Packaging & Containers industry.
Industry Median: 1.25 vs BOM:542503: 0.37

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.

Mahip Industries's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹-5.316. 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 ₹9.38 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahip Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mahip Industries'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.

Mahip Industries Cyclically Adjusted PB Ratio Chart

Mahip Industries 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 - - - 0.33 0.37

Mahip Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - - - 0.33 0.37

Competitive Comparison of Mahip Industries's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Mahip Industries'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.


Mahip Industries's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mahip Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mahip Industries 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.

Mahip Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.43/9.38
=0.37

* 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.

Mahip Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Mahip Industries's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-5.316/153.0345*153.0345
=-5.316

Current CPI (Mar24) = 153.0345.

Mahip Industries Annual Data

Book Value per Share CPI Adj_Book
201503 6.957 97.163 10.957
201603 7.555 102.518 11.278
201703 8.195 105.196 11.922
201803 11.982 109.786 16.702
201903 20.903 118.202 27.063
202003 16.675 124.705 20.463
202103 7.034 131.771 8.169
202203 -2.687 138.822 -2.962
202303 -4.266 146.865 -4.445
202403 -5.316 153.035 -5.316

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.


Mahip Industries  (BOM:542503) 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.


Mahip Industries Cyclically Adjusted PB Ratio Related Terms

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


Mahip Industries (BOM:542503) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Makarba, S.G. Road, A-902, Safal Solitaire, Near Divya Bhaskar, Ahmedabad, GJ, IND, 380015
Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, for drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and for electronic goods.

Mahip Industries (BOM:542503) Headlines

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