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Sanginita Chemicals (NSE:SANGINITA) Cyclically Adjusted PB Ratio : 1.11 (As of Jun. 04, 2024)


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What is Sanginita Chemicals Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Sanginita Chemicals's current share price is ₹21.20. Sanginita Chemicals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹19.18. Sanginita Chemicals's Cyclically Adjusted PB Ratio for today is 1.11.

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

NSE:SANGINITA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.13   Max: 1.44
Current: 1.1

During the past 12 years, Sanginita Chemicals's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.84. And the median was 1.13.

NSE:SANGINITA's Cyclically Adjusted PB Ratio is ranked better than
68.29% of 1173 companies
in the Chemicals industry
Industry Median: 1.7 vs NSE:SANGINITA: 1.10

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.

Sanginita Chemicals's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹21.030. 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 ₹19.18 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanginita Chemicals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanginita Chemicals'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.

Sanginita Chemicals Cyclically Adjusted PB Ratio Chart

Sanginita Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.12 1.09 0.89

Sanginita Chemicals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 0.89 - -

Competitive Comparison of Sanginita Chemicals's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Sanginita Chemicals'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.


Sanginita Chemicals's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Sanginita Chemicals 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.

Sanginita Chemicals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.20/19.18
=1.11

* 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.

Sanginita Chemicals's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Sanginita Chemicals's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=21.03/146.8646*146.8646
=21.030

Current CPI (Mar23) = 146.8646.

Sanginita Chemicals Annual Data

Book Value per Share CPI Adj_Book
201403 7.494 91.425 12.038
201503 8.020 97.163 12.122
201603 8.743 102.518 12.525
201703 14.591 105.196 20.371
201803 16.400 109.786 21.939
201903 18.466 118.202 22.944
202003 20.230 124.705 23.825
202103 20.630 131.771 22.993
202203 20.812 138.822 22.018
202303 21.030 146.865 21.030

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.


Sanginita Chemicals  (NSE:SANGINITA) 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.


Sanginita Chemicals Cyclically Adjusted PB Ratio Related Terms

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


Sanginita Chemicals (NSE:SANGINITA) Business Description

Traded in Other Exchanges
N/A
Address
Ch-Road, 301, 3rd Floor, Shalin Complex, Behind Megh-Malhar Complex, Sector -11, Gandhinagar, GJ, IND, 382011
Sanginita Chemicals Ltd is engaged in the manufacturing of inorganic metal-based chemicals. It offers Cuprous Chloride, Copper Sulphate, Copper Phthalocyanine Blue Crude, and Cupric Chloride. The company's products are widely used in dyes and pigment industries, paint industries, pharmaceuticals industries, electroplating industries, metal extraction industries and ink, Carbon paper, PVC pipe coating industries, and others. In addition, the company also undertakes the production of various other chemical products.

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