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HCP Plastene Bulkpack (BOM:526717) Cyclically Adjusted PB Ratio : 7.52 (As of Jun. 11, 2024)


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What is HCP Plastene Bulkpack Cyclically Adjusted PB Ratio?

As of today (2024-06-11), HCP Plastene Bulkpack's current share price is ₹168.65. HCP Plastene Bulkpack's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹22.42. HCP Plastene Bulkpack's Cyclically Adjusted PB Ratio for today is 7.52.

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

BOM:526717' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 10.9   Max: 66.32
Current: 7.81

During the past years, HCP Plastene Bulkpack's highest Cyclically Adjusted PB Ratio was 66.32. The lowest was 0.17. And the median was 10.90.

BOM:526717's Cyclically Adjusted PB Ratio is ranked worse than
95.13% of 308 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs BOM:526717: 7.81

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.

HCP Plastene Bulkpack's adjusted book value per share data for the three months ended in Mar. 2024 was ₹46.388. 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 ₹22.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HCP Plastene Bulkpack Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HCP Plastene Bulkpack'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.

HCP Plastene Bulkpack Cyclically Adjusted PB Ratio Chart

HCP Plastene Bulkpack 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 - 0.54 31.38 8.79 8.34

HCP Plastene Bulkpack 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 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 8.79 - 9.17 - 8.34

Competitive Comparison of HCP Plastene Bulkpack's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, HCP Plastene Bulkpack'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.


HCP Plastene Bulkpack's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where HCP Plastene Bulkpack's Cyclically Adjusted PB Ratio falls into.



HCP Plastene Bulkpack 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.

HCP Plastene Bulkpack's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=168.65/22.42
=7.52

* 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.

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

For example, HCP Plastene Bulkpack'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)
=46.388/153.0345*153.0345
=46.388

Current CPI (Mar. 2024) = 153.0345.

HCP Plastene Bulkpack Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 32.852 96.780 51.947
201412 0.000 96.780 0.000
201503 26.917 97.163 42.395
201506 0.000 99.841 0.000
201509 27.698 101.753 41.657
201512 0.000 102.901 0.000
201603 21.860 102.518 32.632
201606 0.000 105.961 0.000
201609 27.767 105.961 40.103
201612 0.000 105.196 0.000
201703 28.561 105.196 41.549
201706 0.000 107.109 0.000
201709 33.622 109.021 47.196
201712 0.000 109.404 0.000
201803 33.685 109.786 46.955
201806 0.000 111.317 0.000
201809 39.553 115.142 52.570
201812 0.000 115.142 0.000
201903 -52.406 118.202 -67.849
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 -72.768 124.705 -89.299
202006 0.000 127.000 0.000
202009 -75.170 130.118 -88.409
202012 0.000 130.889 0.000
202103 25.701 131.771 29.848
202106 0.000 134.084 0.000
202109 21.425 135.847 24.136
202112 0.000 138.161 0.000
202203 25.076 138.822 27.643
202206 0.000 142.347 0.000
202209 48.204 144.661 50.994
202212 0.000 145.763 0.000
202303 46.931 146.865 48.903
202306 0.000 150.280 0.000
202309 46.073 151.492 46.542
202312 0.000 152.924 0.000
202403 46.388 153.035 46.388

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.


HCP Plastene Bulkpack  (BOM:526717) 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.


HCP Plastene Bulkpack Cyclically Adjusted PB Ratio Related Terms

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


HCP Plastene Bulkpack (BOM:526717) Business Description

Traded in Other Exchanges
N/A
Address
13, Nav Bharat society, H.B.Jirawala House, Usmanpura, Ahmedabad, GJ, IND, 380013
HCP Plastene Bulkpack Ltd, formerly Gopala Polyplast Ltd manufactures and sells woven sacks and labels primarily in India. The company provides high-density polyethylene woven bags & sacks and textile woven labels. The firm operates its business through two segments: Woven Sacks and Woven Label. The Woven Sacks segment which accounts for a majority of the firm's revenue offers package solutions to the manufacturing and cement industries. Its products include Bopp Laminated PP Woven Bags, Woven Fabric / Label / Laces, PP Woven Sacks, and AD*STAR bags which are used for cement packaging. Geographically all the activities function through the region of India.

HCP Plastene Bulkpack (BOM:526717) Headlines

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