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MPL Plastics (BOM:526143) Cyclically Adjusted PB Ratio : (As of Jun. 14, 2024)


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What is MPL Plastics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MPL Plastics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MPL Plastics'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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MPL Plastics Cyclically Adjusted PB Ratio Chart

MPL Plastics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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MPL Plastics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of MPL Plastics's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, MPL Plastics'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.


MPL Plastics's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



MPL Plastics 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.

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

For example, MPL Plastics'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)
=-2.443/153.0345*153.0345
=-2.443

Current CPI (Mar. 2024) = 153.0345.

MPL Plastics Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 -142.996 96.780 -226.113
201412 0.000 96.780 0.000
201503 -141.374 97.163 -222.668
201506 0.000 99.841 0.000
201509 -140.267 101.753 -210.958
201512 0.000 102.901 0.000
201603 -139.889 102.518 -208.820
201606 0.000 105.961 0.000
201609 -139.030 105.961 -200.794
201612 0.000 105.196 0.000
201703 -138.909 105.196 -202.079
201706 0.000 107.109 0.000
201709 -138.610 109.021 -194.568
201712 0.000 109.404 0.000
201803 -138.797 109.786 -193.473
201806 0.000 111.317 0.000
201809 -139.997 115.142 -186.069
201812 0.000 115.142 0.000
201903 -141.339 118.202 -182.990
201906 0.000 120.880 0.000
201909 -141.552 123.175 -175.866
201912 0.000 126.235 0.000
202003 -143.265 124.705 -175.811
202006 0.000 127.000 0.000
202009 -143.546 130.118 -168.828
202012 0.000 130.889 0.000
202103 -143.732 131.771 -166.926
202106 0.000 134.084 0.000
202109 -145.049 135.847 -163.401
202112 0.000 138.161 0.000
202203 -13.011 138.822 -14.343
202206 0.000 142.347 0.000
202209 -13.046 144.661 -13.801
202212 0.000 145.763 0.000
202303 -9.708 146.865 -10.116
202306 0.000 150.280 0.000
202309 -10.068 151.492 -10.171
202312 0.000 152.924 0.000
202403 -2.443 153.035 -2.443

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.


MPL Plastics  (BOM:526143) 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.


MPL Plastics Cyclically Adjusted PB Ratio Related Terms

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MPL Plastics (BOM:526143) Business Description

Traded in Other Exchanges
N/A
Address
Near Classic Studio, Mira Bhayander Road, 2, Ashish Warehouse Corporation, Punjab Foundry Industrial Estate, Kashimira, Mira Road (East), Dist. Thane, Mumbai, MH, IND, 401104
MPL Plastics Ltd manufactures thermoware products. The company is also engaged in the manufacturing of tableware, kitchenware, and other household articles, and toilet articles of plastics, including the manufacture of vacuum flasks and other vacuum vessels. It offers products such as Vacuum flasks, Casseroles, Tiffins, Water bottles, and Water Jugs.

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