Ador Multiproducts (BOM:523120) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 20, 2024)

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What is Ador Multiproducts Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Ador Multiproducts's current share price is ₹33.10. Ador Multiproducts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹22.27. Ador Multiproducts's Cyclically Adjusted PB Ratio for today is 1.49.

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

BOM:523120' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36 Med: 3.03 Max: 5.71
Current: 1.6

During the past years, Ador Multiproducts's highest Cyclically Adjusted PB Ratio was 5.71. The lowest was 1.36. And the median was 3.03.

BOM:523120's Cyclically Adjusted PB Ratio is ranked worse than
56.23% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs BOM:523120: 1.60

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.

Ador Multiproducts's adjusted book value per share data for the three months ended in Mar. 2024 was ₹23.615. 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 ₹22.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Ador Multiproducts Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ador Multiproducts'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.

Ador Multiproducts Cyclically Adjusted PB Ratio Chart

Ador Multiproducts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cyclically Adjusted PB Ratio

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4.34

3.46

2.11

1.44

Ador Multiproducts 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															2.11	-	1.39	-	1.44

Competitive Comparison of Ador Multiproducts's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Ador Multiproducts'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.

Ador Multiproducts's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ador Multiproducts's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Ador Multiproducts 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.

Ador Multiproducts's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	33.10	/	22.27
	=	1.49

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

For example, Ador Multiproducts'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)
	=	23.615	/	153.0345	*	153.0345
	=	23.615

Current CPI (Mar. 2024) = 153.0345.

Ador Multiproducts Quarterly Data

	Book Value per Share	CPI	Adj_Book
201403	13.698	91.425	22.929
201406	0.000	94.103	0.000
201409	12.162	96.780	19.231
201412	0.000	96.780	0.000
201503	11.300	97.163	17.798
201506	0.000	99.841	0.000
201509	8.929	101.753	13.429
201512	0.000	102.901	0.000
201603	8.277	102.518	12.356
201606	0.000	105.961	0.000
201609	5.543	105.961	8.005
201612	0.000	105.196	0.000
201703	9.121	105.196	13.269
201706	0.000	107.109	0.000
201709	7.432	109.021	10.432
201712	0.000	109.404	0.000
201803	13.274	109.786	18.503
201806	0.000	111.317	0.000
201809	16.162	115.142	21.481
201903	14.621	118.202	18.930
201906	0.000	120.880	0.000
201909	12.819	123.175	15.927
201912	0.000	126.235	0.000
202003	19.760	124.705	24.249
202006	0.000	127.000	0.000
202009	32.501	130.118	38.225
202012	0.000	130.889	0.000
202103	28.813	131.771	33.463
202106	0.000	134.084	0.000
202109	22.615	135.847	25.476
202112	0.000	138.161	0.000
202203	44.382	138.822	48.926
202206	0.000	142.347	0.000
202209	36.159	144.661	38.252
202212	0.000	145.763	0.000
202303	32.574	146.865	33.942
202306	0.000	150.280	0.000
202309	9.073	151.492	9.165
202312	0.000	152.924	0.000
202403	23.615	153.035	23.615

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.

Ador Multiproducts (BOM:523120) 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.

Ador Multiproducts Cyclically Adjusted PB Ratio Related Terms

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

Ador Multiproducts (BOM:523120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ador Multiproducts Ltd (BOM:523120) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ador House, 6 K Dubash Marg, 5th Floor, Fort, Mumbai, MH, IND, 400 001

Website

https://www.adormultiproducts.com

Ador Multiproducts Ltd is an India-based contract manufacturer in the personal care industry engaged in toiletries preparation and cosmetics. The Company offers a range of personal care products, including hand sanitizers, hand wash, skincare products, and face wash. Ador serves various brands including Himalaya Drug Company, Bdel, Wipro, TTK, Argus, and more.

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