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Salvo Chemical Industry (DHA:SALVOCHEM) Cyclically Adjusted PB Ratio : 3.89 (As of May. 24, 2024)


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What is Salvo Chemical Industry Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Salvo Chemical Industry's current share price is BDT54.90. Salvo Chemical Industry's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT14.12. Salvo Chemical Industry's Cyclically Adjusted PB Ratio for today is 3.89.

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

DHA:SALVOCHEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.96   Med: 4.43   Max: 4.69
Current: 4.02

During the past years, Salvo Chemical Industry's highest Cyclically Adjusted PB Ratio was 4.69. The lowest was 2.96. And the median was 4.43.

DHA:SALVOCHEM's Cyclically Adjusted PB Ratio is ranked worse than
80.51% of 1098 companies
in the Chemicals industry
Industry Median: 1.665 vs DHA:SALVOCHEM: 4.02

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.

Salvo Chemical Industry's adjusted book value per share data for the three months ended in Dec. 2023 was BDT16.188. 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 BDT14.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salvo Chemical Industry Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Salvo Chemical Industry'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.

Salvo Chemical Industry Cyclically Adjusted PB Ratio Chart

Salvo Chemical Industry Annual Data
Trend Dec12 Dec13 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.43

Salvo Chemical Industry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.64 4.52 4.43 4.38 4.38

Competitive Comparison of Salvo Chemical Industry's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Salvo Chemical Industry'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.


Salvo Chemical Industry's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salvo Chemical Industry's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Salvo Chemical Industry's Cyclically Adjusted PB Ratio falls into.



Salvo Chemical Industry 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.

Salvo Chemical Industry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.90/14.12
=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.

Salvo Chemical Industry's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Salvo Chemical Industry'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)
=16.188/129.4194*129.4194
=16.188

Current CPI (Dec. 2023) = 129.4194.

Salvo Chemical Industry Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.790 0.000
201312 8.331 98.326 10.966
201403 8.562 99.695 11.115
201406 9.638 100.560 12.404
201409 8.650 100.428 11.147
201503 9.344 99.621 12.139
201506 10.386 100.684 13.350
201509 9.581 100.392 12.351
201512 9.748 99.792 12.642
201606 0.000 101.688 0.000
201609 10.803 101.861 13.726
201612 10.456 101.863 13.285
201703 10.618 102.862 13.359
201706 10.801 103.349 13.526
201709 11.014 104.136 13.688
201712 11.114 104.011 13.829
201803 11.369 105.290 13.975
201806 11.540 106.317 14.048
201809 11.654 106.507 14.161
201812 12.385 105.998 15.122
201903 11.942 107.251 14.410
201906 12.152 108.070 14.553
201909 12.295 108.329 14.689
201912 12.393 108.420 14.793
202003 12.433 108.902 14.775
202006 12.456 108.767 14.821
202009 12.660 109.815 14.920
202012 12.760 109.897 15.027
202103 12.780 111.754 14.800
202106 12.694 114.631 14.332
202109 13.240 115.734 14.806
202112 14.041 117.630 15.448
202203 14.985 121.301 15.988
202206 14.578 125.017 15.091
202209 15.163 125.227 15.671
202212 15.419 125.222 15.936
202303 14.791 127.348 15.032
202306 14.918 128.729 14.998
202309 15.656 129.860 15.603
202312 16.188 129.419 16.188

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.


Salvo Chemical Industry  (DHA:SALVOCHEM) 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.


Salvo Chemical Industry Cyclically Adjusted PB Ratio Related Terms

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


Salvo Chemical Industry (DHA:SALVOCHEM) Business Description

Traded in Other Exchanges
N/A
Address
No. 210-211, Nawabpur Road, Suite number 401, 3rd floor, Dhaka, BGD, 1100
Salvo Chemical Industry Ltd mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.

Salvo Chemical Industry (DHA:SALVOCHEM) Headlines

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