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Gujarat Terce Laboratories (BOM:524314) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Gujarat Terce Laboratories Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Terce Laboratories Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gujarat Terce Laboratories'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.

Gujarat Terce Laboratories Cyclically Adjusted PB Ratio Chart

Gujarat Terce Laboratories 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 - - 0.39 1.47 0.97

Gujarat Terce Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.97 - 1.48 -

Competitive Comparison of Gujarat Terce Laboratories's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Gujarat Terce Laboratories'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.


Gujarat Terce Laboratories's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gujarat Terce Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Terce Laboratories's Cyclically Adjusted PB Ratio falls into.



Gujarat Terce Laboratories 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.

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

For example, Gujarat Terce Laboratories'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.

Gujarat Terce Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.744 91.425 24.662
201406 0.000 94.103 0.000
201409 13.373 96.780 21.131
201412 0.000 96.780 0.000
201503 14.867 97.163 23.399
201506 0.000 99.841 0.000
201509 13.169 101.753 19.792
201512 0.000 102.901 0.000
201603 13.958 102.518 20.821
201606 0.000 105.961 0.000
201609 14.146 105.961 20.416
201612 0.000 105.196 0.000
201703 13.553 105.196 19.702
201706 0.000 107.109 0.000
201709 11.915 109.021 16.713
201712 0.000 109.404 0.000
201803 14.019 109.786 19.527
201806 0.000 111.317 0.000
201809 12.820 115.142 17.027
201812 0.000 115.142 0.000
201903 14.602 118.202 18.891
201906 0.000 120.880 0.000
201909 15.245 123.175 18.927
201912 0.000 126.235 0.000
202003 14.974 124.705 18.362
202006 0.000 127.000 0.000
202009 14.355 130.118 16.871
202012 0.000 130.889 0.000
202103 10.326 131.771 11.984
202106 0.000 134.084 0.000
202109 12.949 135.847 14.577
202112 0.000 138.161 0.000
202203 11.501 138.822 12.669
202206 0.000 142.347 0.000
202209 8.170 144.661 8.637
202212 0.000 145.763 0.000
202303 9.249 146.865 9.631
202306 0.000 150.280 0.000
202309 7.938 151.492 8.013
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.


Gujarat Terce Laboratories  (BOM:524314) 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.


Gujarat Terce Laboratories Cyclically Adjusted PB Ratio Related Terms

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Gujarat Terce Laboratories (BOM:524314) Business Description

Traded in Other Exchanges
N/A
Address
Near Shivalik High-Street,, D/801 & 802,The First,, Behind Keshavbaug Party Plot,, Vastrapur,, Ahmedabad, GJ, IND, 380015
Gujarat Terce Laboratories Ltd is an India company having business in the medical and pharmaceutical preparations. It is engaged in the manufacturing of tablets, capsules, and syrup and injection. It offers branded as well as generic formulations covering different therapeutic areas such as antibiotics, respiratory, nutraceuticals, gastrointestinal, anti-fungal, and many more. Some of the main brands are Acolate, Tynol, DFS, Resplash , Aziter and others.

Gujarat Terce Laboratories (BOM:524314) Headlines

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