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SMVD Poly Pack (NSE:SMVD) Cyclically Adjusted PB Ratio : 0.76 (As of May. 28, 2024)


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What is SMVD Poly Pack Cyclically Adjusted PB Ratio?

As of today (2024-05-28), SMVD Poly Pack's current share price is ₹14.05. SMVD Poly Pack's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹18.49. SMVD Poly Pack's Cyclically Adjusted PB Ratio for today is 0.76.

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

NSE:SMVD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.62   Max: 1.08
Current: 0.76

During the past 11 years, SMVD Poly Pack's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.43. And the median was 0.62.

NSE:SMVD's Cyclically Adjusted PB Ratio is ranked better than
67.88% of 274 companies
in the Packaging & Containers industry
Industry Median: 1.22 vs NSE:SMVD: 0.76

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.

SMVD Poly Pack's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹23.256. 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 ₹18.49 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMVD Poly Pack Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SMVD Poly Pack'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.

SMVD Poly Pack Cyclically Adjusted PB Ratio Chart

SMVD Poly Pack 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 - - - 0.47 0.57

SMVD Poly Pack Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 0.47 - 0.57 -

Competitive Comparison of SMVD Poly Pack's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, SMVD Poly Pack'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.


SMVD Poly Pack's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where SMVD Poly Pack's Cyclically Adjusted PB Ratio falls into.



SMVD Poly Pack 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.

SMVD Poly Pack's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.05/18.49
=0.76

* 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.

SMVD Poly Pack's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, SMVD Poly Pack'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)
=23.256/146.8646*146.8646
=23.256

Current CPI (Mar23) = 146.8646.

SMVD Poly Pack Annual Data

Book Value per Share CPI Adj_Book
201403 6.020 91.425 9.671
201503 6.055 97.163 9.152
201603 5.986 102.518 8.575
201703 7.180 105.196 10.024
201803 18.281 109.786 24.455
201903 20.727 118.202 25.753
202003 21.454 124.705 25.266
202103 21.938 131.771 24.451
202203 22.981 138.822 24.312
202303 23.256 146.865 23.256

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.


SMVD Poly Pack  (NSE:SMVD) 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.


SMVD Poly Pack Cyclically Adjusted PB Ratio Related Terms

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


SMVD Poly Pack (NSE:SMVD) Business Description

Traded in Other Exchanges
N/A
Address
16, Strand Road, 8th Floor, Suite No.- 804B, Diamond Heritage, Kolkata, WB, IND, 700 001
SMVD Poly Pack Ltd is an Indian company engaged in manufacturing Polypropylene/ High-Density Polyethylene woven sacks bags and sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags, and HDPE Tarpaulin. The company serves many industries such as fertilizer plants, cement plants, chemical industries, flour mills, Steel, Plastic compounds, Rice Plants, Poultry Farms, and others. It operates through two segments: Plastic products and Water Coconut.

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