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Pankaj Polymers (BOM:531280) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Pankaj Polymers Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pankaj Polymers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pankaj Polymers'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.

Pankaj Polymers Cyclically Adjusted PB Ratio Chart

Pankaj Polymers 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 - - 0.16 0.21 0.35

Pankaj Polymers 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 - 0.35 - 0.30 -

Competitive Comparison of Pankaj Polymers's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Pankaj Polymers'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.


Pankaj Polymers's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



Pankaj Polymers 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.

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

For example, Pankaj Polymers'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)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

Pankaj Polymers Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.989 91.425 28.479
201406 0.000 94.103 0.000
201409 15.733 96.780 24.914
201412 0.000 96.780 0.000
201503 16.504 97.163 26.032
201506 0.000 99.841 0.000
201509 15.619 101.753 23.524
201512 0.000 102.901 0.000
201603 14.648 102.518 21.897
201606 0.000 105.961 0.000
201609 13.820 105.961 19.988
201612 0.000 105.196 0.000
201703 16.359 105.196 23.833
201706 0.000 107.109 0.000
201709 16.648 109.021 23.403
201712 0.000 109.404 0.000
201803 16.458 109.786 22.974
201806 0.000 111.317 0.000
201809 15.618 115.142 20.788
201812 0.000 115.142 0.000
201903 14.608 118.202 18.940
201906 0.000 120.880 0.000
201909 15.412 123.175 19.176
201912 0.000 126.235 0.000
202003 20.154 124.705 24.768
202006 0.000 127.000 0.000
202009 20.095 130.118 23.668
202012 0.000 130.889 0.000
202103 20.356 131.771 23.675
202106 0.000 134.084 0.000
202109 20.161 135.847 22.744
202112 0.000 138.161 0.000
202203 20.104 138.822 22.194
202206 0.000 142.347 0.000
202209 20.109 144.661 21.304
202212 0.000 145.763 0.000
202303 20.190 146.865 21.068
202306 0.000 150.280 0.000
202309 20.042 151.492 20.275
202312 0.000 153.255 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.


Pankaj Polymers  (BOM:531280) 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.


Pankaj Polymers Cyclically Adjusted PB Ratio Related Terms

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Pankaj Polymers (BOM:531280) Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Road, 105, E- Block, 5th Floor, Surya Towers, Secunderabad, TG, IND, 500003
Pankaj Polymers Ltd is an India-based company. The company is engaged in plastic granules and other plastic products. It is engaged in the manufacturing of plastic articles like high-density polyethylene, polypropylene woven sacks, polypropylene disposable containers, and injection molded plastic articles.

Pankaj Polymers (BOM:531280) Headlines

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