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National Plastic Technologies (BOM:531287) Cyclically Adjusted PB Ratio : 7.95 (As of May. 27, 2024)


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What is National Plastic Technologies Cyclically Adjusted PB Ratio?

As of today (2024-05-27), National Plastic Technologies's current share price is ₹397.05. National Plastic Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹49.93. National Plastic Technologies's Cyclically Adjusted PB Ratio for today is 7.95.

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

BOM:531287' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.8   Max: 9.23
Current: 7.73

During the past years, National Plastic Technologies's highest Cyclically Adjusted PB Ratio was 9.23. The lowest was 0.68. And the median was 1.80.

BOM:531287's Cyclically Adjusted PB Ratio is ranked worse than
92.58% of 1105 companies
in the Chemicals industry
Industry Median: 1.66 vs BOM:531287: 7.73

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.

National Plastic Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was ₹70.881. 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 ₹49.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Plastic Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Plastic Technologies'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.

National Plastic Technologies Cyclically Adjusted PB Ratio Chart

National Plastic Technologies 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 - 0.89 2.02 2.06 8.72

National Plastic Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 2.06 - - 8.72

Competitive Comparison of National Plastic Technologies's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, National Plastic Technologies'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.


National Plastic Technologies's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



National Plastic Technologies 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.

National Plastic Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=397.05/49.93
=7.95

* 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.

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

For example, National Plastic Technologies'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)
=70.881/153.0345*153.0345
=70.881

Current CPI (Mar. 2024) = 153.0345.

National Plastic Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.040 91.425 45.262
201406 0.000 94.103 0.000
201409 28.225 96.780 44.631
201412 0.000 96.780 0.000
201503 29.333 97.163 46.200
201506 0.000 99.841 0.000
201509 31.048 101.753 46.695
201512 0.000 102.901 0.000
201603 31.577 102.518 47.137
201606 0.000 105.961 0.000
201609 32.960 105.961 47.603
201612 0.000 105.196 0.000
201703 32.613 105.196 47.444
201706 0.000 107.109 0.000
201709 33.858 109.021 47.527
201712 0.000 109.404 0.000
201803 33.785 109.786 47.094
201806 0.000 111.317 0.000
201809 34.992 115.142 46.508
201812 0.000 115.142 0.000
201903 36.608 118.202 47.396
201906 0.000 120.880 0.000
201909 38.398 123.175 47.706
201912 0.000 126.235 0.000
202003 40.315 124.705 49.473
202006 0.000 127.000 0.000
202009 38.677 130.118 45.489
202012 0.000 130.889 0.000
202103 42.452 131.771 49.303
202106 0.000 134.084 0.000
202109 46.400 135.847 52.271
202112 0.000 138.161 0.000
202203 48.381 138.822 53.334
202206 0.000 142.347 0.000
202209 52.907 144.661 55.969
202212 0.000 145.763 0.000
202303 58.185 146.865 60.629
202306 0.000 150.280 0.000
202312 0.000 152.924 0.000
202403 70.881 153.035 70.881

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.


National Plastic Technologies  (BOM:531287) 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.


National Plastic Technologies Cyclically Adjusted PB Ratio Related Terms

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


National Plastic Technologies (BOM:531287) Business Description

Traded in Other Exchanges
N/A
Address
69, (Old No.44), Pantheon Road, Thiru Complex, II Floor, Egmore, Chennai, TN, IND, 600008
National Plastic Technologies Ltd is a manufacturer of plastic molded components. The company operates through single segments namely Injection molded plastic products. The company has four production plant situated in the state of Tamil Nadu (Guindy, Irrungattukottai (SIPCOT)), Himachal Pradesh (Sirmour) and in the Union Territory of Puducherry. The company caters to various industries including automotive, consumer electronics, Packaging, and information technology peripherals sectors.

National Plastic Technologies (BOM:531287) Headlines

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