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Mohit Paper Mills (BOM:530169) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Mohit Paper Mills Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mohit Paper Mills Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mohit Paper Mills'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.

Mohit Paper Mills Cyclically Adjusted PB Ratio Chart

Mohit Paper Mills 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 - - 0.19 0.59 0.64

Mohit Paper Mills 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 - 0.64 - 0.93 -

Competitive Comparison of Mohit Paper Mills's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Mohit Paper Mills'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.


Mohit Paper Mills's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mohit Paper Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mohit Paper Mills's Cyclically Adjusted PB Ratio falls into.



Mohit Paper Mills 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.

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

For example, Mohit Paper Mills'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.

Mohit Paper Mills Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.179 91.425 28.735
201406 0.000 94.103 0.000
201409 17.737 96.780 28.027
201412 0.000 96.780 0.000
201503 17.855 97.163 28.102
201506 0.000 99.841 0.000
201509 18.207 101.753 27.363
201512 0.000 102.901 0.000
201603 18.484 102.518 27.572
201606 0.000 105.961 0.000
201609 18.853 105.961 27.209
201612 0.000 105.196 0.000
201703 19.368 105.196 28.155
201706 0.000 107.109 0.000
201709 19.879 109.021 27.884
201712 0.000 109.404 0.000
201803 19.978 109.786 27.828
201806 0.000 111.317 0.000
201809 20.634 115.142 27.405
201812 0.000 115.142 0.000
201903 21.447 118.202 27.747
201906 0.000 120.880 0.000
201909 22.541 123.175 27.985
201912 0.000 126.235 0.000
202003 23.730 124.705 29.100
202006 0.000 127.000 0.000
202009 21.689 130.118 25.491
202012 0.000 130.889 0.000
202103 22.262 131.771 25.836
202106 0.000 134.084 0.000
202109 22.348 135.847 25.157
202112 0.000 138.161 0.000
202203 23.682 138.822 26.088
202206 0.000 142.347 0.000
202209 25.037 144.661 26.467
202212 0.000 145.763 0.000
202303 27.193 146.865 28.315
202306 0.000 150.280 0.000
202309 29.696 151.492 29.977
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.


Mohit Paper Mills  (BOM:530169) 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.


Mohit Paper Mills Cyclically Adjusted PB Ratio Related Terms

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Mohit Paper Mills (BOM:530169) Business Description

Traded in Other Exchanges
N/A
Address
15A/13, Upper Ground Floor, East Patel Nagar, New Delhi, IND, 110008
Mohit Paper Mills Ltd is an India-based company. It manufactures various grades of writing and printing papers based on bagasse/agro waste. It manufactures newsprint paper with waste paper. It also has installed a chemical recovery plant which recovers caustic soda and produces soda ash. The company manufacture Writing, Printing and Poster Paper.

Mohit Paper Mills (BOM:530169) Headlines

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