GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Andhra Paper Ltd (BOM:502330) » Definitions » Cyclically Adjusted PB Ratio

Andhra Paper (BOM:502330) Cyclically Adjusted PB Ratio : 1.98 (As of May. 28, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Andhra Paper Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Andhra Paper's current share price is ₹515.25. Andhra Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹260.59. Andhra Paper's Cyclically Adjusted PB Ratio for today is 1.98.

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

BOM:502330' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.79   Max: 2.65
Current: 1.99

During the past years, Andhra Paper's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 0.81. And the median was 1.79.

BOM:502330's Cyclically Adjusted PB Ratio is ranked worse than
80.54% of 221 companies
in the Forest Products industry
Industry Median: 0.89 vs BOM:502330: 1.99

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.

Andhra Paper's adjusted book value per share data for the three months ended in Mar. 2024 was ₹476.037. 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 ₹260.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Andhra Paper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Andhra Paper'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.

Andhra Paper Cyclically Adjusted PB Ratio Chart

Andhra Paper 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 - 1.04 1.50 1.86 1.87

Andhra Paper 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 1.86 - 2.46 - 1.87

Competitive Comparison of Andhra Paper's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Andhra Paper'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.


Andhra Paper's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Andhra Paper's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Andhra Paper 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.

Andhra Paper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=515.25/260.59
=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.

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

For example, Andhra Paper'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)
=476.037/153.0345*153.0345
=476.037

Current CPI (Mar. 2024) = 153.0345.

Andhra Paper Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 102.111 96.780 161.464
201412 0.000 96.780 0.000
201503 104.111 97.163 163.978
201506 0.000 99.841 0.000
201509 104.508 101.753 157.178
201512 0.000 102.901 0.000
201603 112.457 102.518 167.871
201606 0.000 105.961 0.000
201609 112.057 105.961 161.839
201612 0.000 105.196 0.000
201703 121.260 105.196 176.404
201706 0.000 107.109 0.000
201709 127.463 109.021 178.921
201712 0.000 109.404 0.000
201803 141.817 109.786 197.683
201806 0.000 111.317 0.000
201809 162.702 115.142 216.246
201812 0.000 115.142 0.000
201903 192.056 118.202 248.652
201906 0.000 120.880 0.000
201909 209.571 123.175 260.374
201912 0.000 126.235 0.000
202003 245.374 124.705 301.116
202006 0.000 127.000 0.000
202009 234.660 130.118 275.989
202012 0.000 130.889 0.000
202103 245.214 131.771 284.785
202106 0.000 134.084 0.000
202109 251.533 135.847 283.357
202112 0.000 138.161 0.000
202203 275.105 138.822 303.270
202206 0.000 142.347 0.000
202209 317.240 144.661 335.603
202212 0.000 145.763 0.000
202303 397.830 146.865 414.543
202306 0.000 150.280 0.000
202309 441.982 151.492 446.482
202312 0.000 152.924 0.000
202403 476.037 153.035 476.037

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.


Andhra Paper  (BOM:502330) 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.


Andhra Paper Cyclically Adjusted PB Ratio Related Terms

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


Andhra Paper (BOM:502330) Business Description

Traded in Other Exchanges
Address
No. 31, Chowringee Road, 1st Floor, Kolkata, WB, IND, 700016
Andhra Paper Ltd is an integrated paper and pulp manufacturer in India. The company is engaged in the business of manufacturing pulp, paper, and paperboard. The company produces writing, printing, copier, and industrial papers for Indian and international markets. In addition, the company also provides a range of office documentation and multipurpose papers, from economy to premium grades for both home and commercial use. The company operates in India and makes certain sales to customers situated outside of India.

Andhra Paper (BOM:502330) Headlines

No Headlines