Punjab Chemicals & Crop Protection (BOM:506618) Cyclically Adjusted PB Ratio : 9.91 (As of Sep. 22, 2024)

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What is Punjab Chemicals & Crop Protection Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Punjab Chemicals & Crop Protection's current share price is ₹1243.55. Punjab Chemicals & Crop Protection's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹125.50. Punjab Chemicals & Crop Protection's Cyclically Adjusted PB Ratio for today is 9.91.

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

BOM:506618' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.03 Med: 16.93 Max: 39.64
Current: 9.91

During the past 13 years, Punjab Chemicals & Crop Protection's highest Cyclically Adjusted PB Ratio was 39.64. The lowest was 8.03. And the median was 16.93.

BOM:506618's Cyclically Adjusted PB Ratio is ranked worse than
95.89% of 973 companies
in the Chemicals industry
Industry Median: 1.53 vs BOM:506618: 9.91

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.

Punjab Chemicals & Crop Protection's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹269.250. 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 ₹125.50 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation

Punjab Chemicals & Crop Protection Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Punjab Chemicals & Crop Protection'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.

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Punjab Chemicals & Crop Protection Cyclically Adjusted PB Ratio Chart

Punjab Chemicals & Crop Protection Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted PB Ratio

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9.30

25.19

24.83

9.18

7.83

Punjab Chemicals & Crop Protection Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															-	-	-	7.83	-

Competitive Comparison of Punjab Chemicals & Crop Protection's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Punjab Chemicals & Crop Protection'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.

Punjab Chemicals & Crop Protection's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Punjab Chemicals & Crop Protection's Cyclically Adjusted PB Ratio falls into.

Punjab Chemicals & Crop Protection 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.

Punjab Chemicals & Crop Protection's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	1243.55	/	125.5
	=	9.91

Punjab Chemicals & Crop Protection's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Punjab Chemicals & Crop Protection's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book	=	Book Value per Share	/	CPI of Mar24 (Change)	*	Current CPI (Mar24)
	=	269.25	/	153.0345	*	153.0345
	=	269.250

Current CPI (Mar24) = 153.0345.

Punjab Chemicals & Crop Protection Annual Data

	Book Value per Share	CPI	Adj_Book
201503	-28.249	97.163	-44.493
201603	70.175	102.518	104.754
201703	47.618	105.196	69.273
201803	60.487	109.786	84.315
201903	74.098	118.202	95.934
202003	79.717	124.705	97.826
202103	117.866	131.771	136.886
202203	183.996	138.822	202.834
202303	228.850	146.865	238.464
202403	269.250	153.035	269.250

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.

Punjab Chemicals & Crop Protection (BOM:506618) 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.

Punjab Chemicals & Crop Protection Cyclically Adjusted PB Ratio Related Terms

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

Punjab Chemicals & Crop Protection Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Punjab Chemicals & Crop Protection Ltd (BOM:506618) » Definitions » Cyclically Adjusted PB Ratio

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PUNJABCHEM:India

Address

New Link Road, Plot Number 645-646, Oberoi Chambers II, 5th Floor, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.punjabchemicals.com

Punjab Chemicals & Crop Protection Ltd is involved in the chemical business. It provides technical and bulk agrochemicals, such as herbicides, insecticides, and fungicides; and pharmaceutical products, including APIs, intermediates, anti-oxidants, and fine chemicals, as well as intermediates for APIs; and industrial chemicals comprising phosphorus derivatives, oxalates, and intermediates. Geographically, the group has a business presence in India, Europe, Japan, and other countries, of which key revenue is derived from India. The firm operates in a single segment namely Performance Chemicals.

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