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Aurobindo Pharma (Aurobindo Pharma) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Aurobindo Pharma Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurobindo Pharma Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aurobindo Pharma'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.

Aurobindo Pharma Cyclically Adjusted PB Ratio Chart

Aurobindo Pharma Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 4.91 2.89 1.90 3.35

Aurobindo Pharma Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.90 - 3.03 - 3.35

Competitive Comparison of Aurobindo Pharma's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Aurobindo Pharma'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.


Aurobindo Pharma's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurobindo Pharma's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aurobindo Pharma 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.

Aurobindo Pharma's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aurobindo Pharma's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.135/153.0345*153.0345
=6.135

Current CPI (Mar. 2024) = 153.0345.

Aurobindo Pharma Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 2.590 96.780 4.095
201412 0.000 96.780 0.000
201503 1.473 97.163 2.320
201506 0.000 99.841 0.000
201509 1.563 101.753 2.351
201512 0.000 102.901 0.000
201603 1.741 102.518 2.599
201606 0.000 105.961 0.000
201609 2.175 105.961 3.141
201612 0.000 105.196 0.000
201703 2.431 105.196 3.537
201706 0.000 107.109 0.000
201709 2.827 109.021 3.968
201712 0.000 109.404 0.000
201803 3.065 109.786 4.272
201806 0.000 111.317 0.000
201809 3.064 115.142 4.072
201812 0.000 115.142 0.000
201903 3.412 118.202 4.417
201906 0.000 120.880 0.000
201909 3.636 123.175 4.517
201912 0.000 126.235 0.000
202003 3.852 124.705 4.727
202006 0.000 127.000 0.000
202009 4.258 130.118 5.008
202012 0.000 130.889 0.000
202103 5.140 131.771 5.969
202106 0.000 134.084 0.000
202109 5.428 135.847 6.115
202112 0.000 138.161 0.000
202203 5.505 138.822 6.069
202206 0.000 142.347 0.000
202209 5.429 144.661 5.743
202212 0.000 145.763 0.000
202303 5.568 146.865 5.802
202306 0.000 150.280 0.000
202309 5.792 151.492 5.851
202312 0.000 152.924 0.000
202403 6.135 153.035 6.135

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.


Aurobindo Pharma  (GREY:ARBQY) 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.


Aurobindo Pharma Cyclically Adjusted PB Ratio Related Terms

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Aurobindo Pharma (Aurobindo Pharma) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Survey No. 83/1, Galaxy, Floors: 22-24, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad, TG, IND, 500 032
Aurobindo Pharma Ltd is a specialty and generic drug manufacturing company. The company's product portfolio spans a variety of therapeutic areas. The vast majority of the company's sales are generated in the United States, followed by Europe. Most of Aurobindo's sales are derived from its formulations business, with the rest stemming from its active pharmaceutical ingredient operations. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

Aurobindo Pharma (Aurobindo Pharma) Headlines