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Kemistar (BOM:531163) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Kemistar Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kemistar Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kemistar'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.

Kemistar Cyclically Adjusted PB Ratio Chart

Kemistar 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 - - - 1.32 2.48

Kemistar 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 - 2.48 - 2.64 -

Competitive Comparison of Kemistar's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Kemistar'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.


Kemistar's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Kemistar 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.

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

For example, Kemistar'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.

Kemistar Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.888 91.425 16.539
201406 9.602 94.103 15.604
201409 9.602 96.780 15.172
201412 10.110 96.780 15.975
201503 10.140 97.163 15.959
201506 0.000 99.841 0.000
201509 10.140 101.753 15.239
201512 0.000 102.901 0.000
201603 10.392 102.518 15.502
201606 10.533 105.961 15.201
201609 10.039 105.961 14.488
201612 10.328 105.196 15.014
201703 10.927 105.196 15.885
201706 10.997 107.109 15.701
201709 14.558 109.021 20.421
201712 14.712 109.404 20.564
201803 14.873 109.786 20.717
201806 15.898 111.317 21.840
201809 14.883 115.142 19.767
201812 15.447 115.142 20.516
201903 13.976 118.202 18.081
201906 14.069 120.880 17.799
201909 14.113 123.175 17.522
201912 14.145 126.235 17.136
202003 14.374 124.705 17.627
202006 14.598 127.000 17.578
202009 14.745 130.118 17.329
202012 0.000 130.889 0.000
202103 14.785 131.771 17.159
202106 15.030 134.084 17.142
202109 15.181 135.847 17.089
202112 15.303 138.161 16.938
202203 15.603 138.822 17.188
202206 16.007 142.347 17.196
202209 16.364 144.661 17.299
202212 0.000 145.763 0.000
202303 16.294 146.865 16.966
202306 0.000 150.280 0.000
202309 16.398 151.492 16.553
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.


Kemistar  (BOM:531163) 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.


Kemistar Cyclically Adjusted PB Ratio Related Terms

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Kemistar (BOM:531163) Business Description

Traded in Other Exchanges
N/A
Address
Near Jodhpur Cross Road, 604, Manas Complex, Satellite, Ahmedabad, GJ, IND, 380015
Kemistar Corp Ltd is an Indian firm engaged in the business of Chemicals. It operates in a single segment that deals with various products of chemical and allied products. The company's products include Pigment Applications used in the manufacture of paints, printing ink, textile, plastic, rubber, crayons, leather, ceramic, and cement. Business facilities are located in (Dahej, Gujarat) India. The firm generates substantial revenue from the sale of chemical products.

Kemistar (BOM:531163) Headlines

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