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Dynamic Industries (BOM:524818) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Dynamic Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynamic Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dynamic Industries'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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Dynamic Industries Cyclically Adjusted PB Ratio Chart

Dynamic Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Dynamic Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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Competitive Comparison of Dynamic Industries's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Dynamic Industries'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.


Dynamic Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Dynamic Industries 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.

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

For example, Dynamic Industries'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.

Dynamic Industries Quarterly Data

Book Value per Share CPI Adj_Book
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201109 0.000 75.359 0.000
201112 0.000 75.359 0.000
201203 99.407 76.889 197.711
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 101.282 83.774 184.883
201303 101.669 85.687 181.447
201306 102.714 88.365 177.757
201309 104.689 91.042 175.847
201312 108.388 91.425 181.298
201403 113.118 91.425 189.210
201406 118.216 94.103 192.111
201503 118.776 97.163 186.941
201603 121.808 102.518 181.698
201703 126.468 105.196 183.848
201803 136.408 109.786 190.006
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 148.007 118.202 191.484
201906 0.000 120.880 0.000
201909 150.446 123.175 186.782
201912 0.000 126.235 0.000
202003 149.503 124.705 183.334
202006 0.000 127.000 0.000
202009 147.651 130.118 173.531
202012 0.000 130.889 0.000
202103 149.418 131.771 173.405
202106 0.000 134.084 0.000
202109 151.048 135.847 170.036
202112 0.000 138.161 0.000
202203 153.331 138.822 168.907
202206 0.000 142.347 0.000
202209 156.131 144.661 165.049
202212 0.000 145.763 0.000
202303 156.082 146.865 162.522
202306 0.000 150.280 0.000
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.


Dynamic Industries  (BOM:524818) 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.


Dynamic Industries Cyclically Adjusted PB Ratio Related Terms

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Dynamic Industries (BOM:524818) Business Description

Traded in Other Exchanges
N/A
Address
Near Trikampura Cross Roads, GIDC, Plot No. 5501/2, Phase III, Vatva, Ahmedabad, GJ, IND, 382 445
Dynamic Industries Ltd is in the business of manufacturing of Chemical and main product of the Company is Dye and Dye Stuffs. The Company operates within a solitary business segment i.e. manufacturing of chemicals and dyes. Geographically, it derives a majority of revenue from India.

Dynamic Industries (BOM:524818) Headlines

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