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Narmada Gelatines (BOM:526739) Cyclically Adjusted PB Ratio : 1.50 (As of May. 30, 2024)


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What is Narmada Gelatines Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Narmada Gelatines's current share price is ₹382.50. Narmada Gelatines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹254.89. Narmada Gelatines's Cyclically Adjusted PB Ratio for today is 1.50.

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

BOM:526739' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.87   Max: 2.26
Current: 1.5

During the past years, Narmada Gelatines's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 0.68. And the median was 0.87.

BOM:526739's Cyclically Adjusted PB Ratio is ranked better than
53.83% of 1148 companies
in the Chemicals industry
Industry Median: 1.71 vs BOM:526739: 1.50

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.

Narmada Gelatines's adjusted book value per share data for the three months ended in Mar. 2024 was ₹180.078. 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 ₹254.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Narmada Gelatines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Narmada Gelatines'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.

Narmada Gelatines Cyclically Adjusted PB Ratio Chart

Narmada Gelatines 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 - 0.70 0.86 1.16 1.31

Narmada Gelatines 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 1.16 - 1.74 - 1.31

Competitive Comparison of Narmada Gelatines's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Narmada Gelatines 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.

Narmada Gelatines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=382.50/254.89
=1.50

* 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.

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

For example, Narmada Gelatines'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)
=180.078/153.0345*153.0345
=180.078

Current CPI (Mar. 2024) = 153.0345.

Narmada Gelatines Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 161.945 96.780 256.076
201412 0.000 96.780 0.000
201503 172.108 97.163 271.075
201506 0.000 99.841 0.000
201509 178.624 101.753 268.646
201512 0.000 102.901 0.000
201603 190.397 102.518 284.216
201606 0.000 105.961 0.000
201609 183.698 105.961 265.306
201612 0.000 105.196 0.000
201703 183.054 105.196 266.299
201706 0.000 107.109 0.000
201709 199.096 109.021 279.473
201712 0.000 109.404 0.000
201803 204.633 109.786 285.244
201806 0.000 111.317 0.000
201809 203.889 115.142 270.988
201812 0.000 115.142 0.000
201903 216.198 118.202 279.908
201906 0.000 120.880 0.000
201909 217.469 123.175 270.187
201912 0.000 126.235 0.000
202003 225.469 124.705 276.689
202006 0.000 127.000 0.000
202009 233.520 130.118 274.648
202012 0.000 130.889 0.000
202103 229.443 131.771 266.469
202106 0.000 134.084 0.000
202109 226.792 135.847 255.486
202112 0.000 138.161 0.000
202203 240.053 138.822 264.630
202206 0.000 142.347 0.000
202209 238.363 144.661 252.160
202212 0.000 145.763 0.000
202303 155.210 146.865 161.730
202306 0.000 150.280 0.000
202309 166.821 151.492 168.520
202312 0.000 152.924 0.000
202403 180.078 153.035 180.078

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.


Narmada Gelatines  (BOM:526739) 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.


Narmada Gelatines Cyclically Adjusted PB Ratio Related Terms

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


Narmada Gelatines (BOM:526739) Business Description

Traded in Other Exchanges
N/A
Address
15 Civil Lines, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd is a gelatin manufacturing company. The company is engaged in the business of manufacturing and sale of gelatine and its by-product di-calcium phosphate (DCP) for industrial applications. Gelatine, ossein and the by-product DCP together form part of one product group, which is the operating segment of the company. The group operates in India, and also exports internationally, of which sales from India constitute majorly to the revenue. The company generates its key revenue from the sale of gelatin.

Narmada Gelatines (BOM:526739) Headlines

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