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M K Proteins (NSE:MKPL) Cyclically Adjusted PB Ratio : 16.71 (As of Jun. 09, 2024)


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What is M K Proteins Cyclically Adjusted PB Ratio?

As of today (2024-06-09), M K Proteins's current share price is ₹12.20. M K Proteins's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹0.73. M K Proteins's Cyclically Adjusted PB Ratio for today is 16.71.

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

NSE:MKPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 13.97   Med: 40.66   Max: 55.48
Current: 16.58

During the past 11 years, M K Proteins's highest Cyclically Adjusted PB Ratio was 55.48. The lowest was 13.97. And the median was 40.66.

NSE:MKPL's Cyclically Adjusted PB Ratio is ranked worse than
96.61% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs NSE:MKPL: 16.58

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.

M K Proteins's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹1.627. 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 ₹0.73 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


M K Proteins Cyclically Adjusted PB Ratio Historical Data

The historical data trend for M K Proteins'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.

M K Proteins Cyclically Adjusted PB Ratio Chart

M K Proteins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.48

M K Proteins Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 13.48

Competitive Comparison of M K Proteins's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, M K Proteins'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.


M K Proteins's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M K Proteins's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where M K Proteins's Cyclically Adjusted PB Ratio falls into.



M K Proteins 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.

M K Proteins's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.20/0.73
=16.71

* 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.

M K Proteins's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, M K Proteins'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)
=1.627/153.0345*153.0345
=1.627

Current CPI (Mar24) = 153.0345.

M K Proteins Annual Data

Book Value per Share CPI Adj_Book
201403 0.045 91.425 0.075
201503 0.068 97.163 0.107
201603 0.453 102.518 0.676
201703 0.113 105.196 0.164
201903 0.457 118.202 0.592
202003 0.505 124.705 0.620
202103 0.782 131.771 0.908
202203 1.055 138.822 1.163
202303 1.339 146.865 1.395
202403 1.627 153.035 1.627

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.


M K Proteins  (NSE:MKPL) 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.


M K Proteins Cyclically Adjusted PB Ratio Related Terms

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M K Proteins (NSE:MKPL) Business Description

Traded in Other Exchanges
Address
Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003
M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

M K Proteins (NSE:MKPL) Headlines

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