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Polylink Polymers (India) (BOM:531454) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Polylink Polymers (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Polylink Polymers (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Polylink Polymers (India)'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.

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Polylink Polymers (India) Cyclically Adjusted PB Ratio Chart

Polylink Polymers (India) 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 - - 1.63 2.60 1.93

Polylink Polymers (India) 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 - 1.93 - 2.24 -

Competitive Comparison of Polylink Polymers (India)'s Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Polylink Polymers (India)'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.


Polylink Polymers (India)'s Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polylink Polymers (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Polylink Polymers (India)'s Cyclically Adjusted PB Ratio falls into.



Polylink Polymers (India) 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.

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

For example, Polylink Polymers (India)'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.

Polylink Polymers (India) Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.786 91.425 6.333
201406 0.000 94.103 0.000
201409 3.829 96.780 6.050
201412 0.000 96.780 0.000
201503 3.960 97.163 6.233
201506 0.000 99.841 0.000
201509 4.399 101.753 6.611
201512 0.000 102.901 0.000
201603 8.365 102.518 12.478
201606 0.000 105.961 0.000
201609 5.031 105.961 7.261
201612 0.000 105.196 0.000
201703 5.365 105.196 7.799
201706 0.000 107.109 0.000
201709 9.123 109.021 12.797
201712 0.000 109.404 0.000
201803 9.588 109.786 13.355
201806 0.000 111.317 0.000
201809 9.944 115.142 13.207
201812 0.000 115.142 0.000
201903 10.091 118.202 13.055
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 10.571 124.705 12.963
202006 0.000 127.000 0.000
202009 10.671 130.118 12.541
202012 0.000 130.889 0.000
202103 11.121 131.771 12.906
202106 0.000 134.084 0.000
202109 11.071 135.847 12.463
202112 0.000 138.161 0.000
202203 11.535 138.822 12.707
202206 0.000 142.347 0.000
202209 11.647 144.661 12.312
202212 0.000 145.763 0.000
202303 11.799 146.865 12.286
202306 0.000 150.280 0.000
202309 12.019 151.492 12.133
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.


Polylink Polymers (India)  (BOM:531454) 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.


Polylink Polymers (India) Cyclically Adjusted PB Ratio Related Terms

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Polylink Polymers (India) (BOM:531454) Business Description

Traded in Other Exchanges
N/A
Address
506, Saffron Building, Near Center Point, Ambawadi, Ahmedabad, GJ, IND, 380006
Polylink Polymers (India) Ltd is engaged in the manufacture of polymer compounds. The company is predominantly engaged in only one segment being Polymeric Compounds business. It offers a range of products including Filled PP Compound for Plastic Chair and Engineering Applications, Black Masterbatches, Colour Masterbatches, Wire and Cable Compounds, Compounds for Cable Jointing Accessories, Additive Masterbatches, and Filler for Woven and Non-Woven. The company's wire and cable compounds are used in power and telecommunication cables; special compounds for cable accessories; addictive masterbatches; and cross-linked PE compounds for use in pipes. Geographically, it derives a majority of its revenue from India.

Polylink Polymers (India) (BOM:531454) Headlines

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