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Ushanti Colour Chem (NSE:UCL) Cyclically Adjusted PB Ratio : 1.98 (As of Jun. 09, 2024)


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What is Ushanti Colour Chem Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Ushanti Colour Chem's current share price is ₹55.00. Ushanti Colour Chem's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹27.83. Ushanti Colour Chem's Cyclically Adjusted PB Ratio for today is 1.98.

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

NSE:UCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.46   Max: 3.61
Current: 1.98

During the past 11 years, Ushanti Colour Chem's highest Cyclically Adjusted PB Ratio was 3.61. The lowest was 1.92. And the median was 2.46.

NSE:UCL's Cyclically Adjusted PB Ratio is ranked worse than
55.91% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs NSE:UCL: 1.98

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.

Ushanti Colour Chem's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹45.246. 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 ₹27.83 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ushanti Colour Chem Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ushanti Colour Chem'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.

Ushanti Colour Chem Cyclically Adjusted PB Ratio Chart

Ushanti Colour Chem 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 - - - 2.48 2.43

Ushanti Colour Chem Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only - 2.48 - 2.43 -

Competitive Comparison of Ushanti Colour Chem's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Ushanti Colour Chem'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.


Ushanti Colour Chem's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Ushanti Colour Chem's Cyclically Adjusted PB Ratio falls into.



Ushanti Colour Chem 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.

Ushanti Colour Chem's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.00/27.83
=1.98

* 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.

Ushanti Colour Chem's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Ushanti Colour Chem'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)
=45.246/146.8646*146.8646
=45.246

Current CPI (Mar23) = 146.8646.

Ushanti Colour Chem Annual Data

Book Value per Share CPI Adj_Book
201403 6.229 91.425 10.006
201503 6.549 97.163 9.899
201603 6.899 102.518 9.883
201703 8.645 105.196 12.069
201803 17.462 109.786 23.359
201903 31.060 118.202 38.592
202003 34.070 124.705 40.124
202103 37.376 131.771 41.657
202203 44.850 138.822 47.448
202303 45.246 146.865 45.246

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.


Ushanti Colour Chem  (NSE:UCL) 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.


Ushanti Colour Chem Cyclically Adjusted PB Ratio Related Terms

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


Ushanti Colour Chem (NSE:UCL) Business Description

Traded in Other Exchanges
N/A
Address
88/8, Phase - 1, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
Ushanti Colour Chem Ltd is engaged in the business of manufacturing and trading of dyestuffs. It manufactures reactive and direct dyestuffs. It also manufactures copper phthalocyamine, blue crude used for manufacturing dyestuffs. The company caters to textile, garment, cotton, leather, nylon, paper, wool, ink, wood, plastic and paint industries.