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Innovative Tech Pack (BOM:523840) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is Innovative Tech Pack Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovative Tech Pack Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innovative Tech Pack'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.

Innovative Tech Pack Cyclically Adjusted PB Ratio Chart

Innovative Tech Pack 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 - - - 0.73 1.15

Innovative Tech Pack Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 1.15 - 1.90 -

Competitive Comparison of Innovative Tech Pack's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Innovative Tech Pack'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.


Innovative Tech Pack's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Innovative Tech Pack's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Innovative Tech Pack's Cyclically Adjusted PB Ratio falls into.


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Innovative Tech Pack 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.

Innovative Tech Pack's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Innovative Tech Pack's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Innovative Tech Pack Quarterly Data

Book Value per Share CPI Adj_Book
201309 9.995 91.042 17.381
201312 0.000 91.425 0.000
201403 10.484 91.425 18.155
201406 0.000 94.103 0.000
201409 10.636 96.780 17.399
201412 0.000 96.780 0.000
201503 11.859 97.163 19.324
201506 0.000 99.841 0.000
201509 13.642 101.753 21.226
201512 0.000 102.901 0.000
201603 13.618 102.518 21.031
201703 18.140 105.196 27.301
201803 18.824 109.786 27.146
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 19.950 118.202 26.722
201906 0.000 120.880 0.000
201909 20.841 123.175 26.788
201912 0.000 126.235 0.000
202003 20.039 124.705 25.441
202006 0.000 127.000 0.000
202009 21.544 130.118 26.214
202012 0.000 130.889 0.000
202103 19.022 131.771 22.855
202106 0.000 134.084 0.000
202109 16.856 135.847 19.645
202112 0.000 138.161 0.000
202203 15.708 138.822 17.915
202206 0.000 142.347 0.000
202209 15.421 144.661 16.877
202212 0.000 145.763 0.000
202303 15.071 146.865 16.247
202306 0.000 150.280 0.000
202309 16.085 151.492 16.810
202312 0.000 152.924 0.000
202403 15.867 153.035 16.415
202406 0.000 155.789 0.000
202409 18.614 157.882 18.666
202412 0.000 158.323 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.


Innovative Tech Pack  (BOM:523840) 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.


Innovative Tech Pack Cyclically Adjusted PB Ratio Related Terms

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Innovative Tech Pack Business Description

Traded in Other Exchanges
N/A
Address
803-805, 8th Floor, Tower-2, Plot No -22, Sector-135, Assotech Business Cresterra, Noida, UP, IND, 201301
Innovative Tech Pack Ltd operates in the plastic packaging industry. The company is engaged in the business of manufacturing and reselling plastic bottles, jars, containers, pre-forms, and caps. Its product portfolio includes packaging for oils, liquor, medicinal syrups, sauces, insect repellents, honey, energy powders, candies, biscuits, mayonnaise, and dairy-based beverages. The company serves clients in various industries including food, confectionery, beverage, consumer care, pharmaceutical, dairy, and other industries.

Innovative Tech Pack Headlines

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