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National Oxygen (BOM:507813) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is National Oxygen Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


National Oxygen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Oxygen'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.

National Oxygen Cyclically Adjusted PB Ratio Chart

National Oxygen 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 - - 2.06 10.99 22.05

National Oxygen Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 18.47 - 22.05 31.28 -

Competitive Comparison of National Oxygen's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, National Oxygen'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.


National Oxygen's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



National Oxygen 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.

National Oxygen's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, National Oxygen's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

National Oxygen Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 36.540 91.425 61.120
201406 0.000 94.103 0.000
201409 25.507 96.780 40.304
201412 19.416 96.780 30.680
201503 12.780 97.163 20.114
201506 0.000 99.841 0.000
201509 7.973 101.753 11.983
201512 3.120 102.901 4.637
201603 0.942 102.518 1.405
201606 0.000 105.961 0.000
201609 -3.745 105.961 -5.405
201612 0.000 105.196 0.000
201703 -13.847 105.196 -20.129
201706 0.000 107.109 0.000
201709 -16.963 109.021 -23.794
201712 0.000 109.404 0.000
201803 -17.707 109.786 -24.665
201806 0.000 111.317 0.000
201809 -12.023 115.142 -15.968
201812 0.000 115.142 0.000
201903 -10.281 118.202 -13.301
201906 0.000 120.880 0.000
201909 -11.265 123.175 -13.986
201912 0.000 126.235 0.000
202003 -13.614 124.705 -16.695
202006 0.000 127.000 0.000
202009 -20.913 130.118 -24.579
202012 0.000 130.889 0.000
202103 -15.840 131.771 -18.383
202106 0.000 134.084 0.000
202109 21.543 135.847 24.251
202112 0.000 138.161 0.000
202203 0.033 138.822 0.036
202206 0.000 142.347 0.000
202209 -2.360 144.661 -2.495
202212 0.000 145.763 0.000
202303 -1.941 146.865 -2.021
202309 -4.404 151.492 -4.446
202312 0.000 152.924 0.000

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.


National Oxygen  (BOM:507813) 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.


National Oxygen Cyclically Adjusted PB Ratio Related Terms

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National Oxygen (BOM:507813) Business Description

Traded in Other Exchanges
N/A
Address
New Number 4 Old No.149, Montieth Road, S-1, 2nd Floor, Alsa Mall, Egmore, Chennai, TN, IND, 600 008
National Oxygen Ltd is an Indian company engaged in manufacturing industrial gases, such as Oxygen and Nitrogen. It is a supplier of industrial gases both in liquid and gaseous forms. The company's products include Industrial liquid oxygen, Industrial gaseous oxygen, Industrial liquid nitrogen and Dissolved acetylene gas. The product's applications involve blast furnace, copper smelting, manufacture of explosives, heart stimulation, cryogenic preservation and cutting and welding. The group derives key revenue from India.

National Oxygen (BOM:507813) Headlines

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