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Radico Khaitan (BOM:532497) Cyclically Adjusted PB Ratio : 13.27 (As of Jun. 19, 2024)


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What is Radico Khaitan Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Radico Khaitan's current share price is ₹1776.50. Radico Khaitan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹133.84. Radico Khaitan's Cyclically Adjusted PB Ratio for today is 13.27.

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

BOM:532497' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.59   Med: 9.12   Max: 13.27
Current: 12.88

During the past years, Radico Khaitan's highest Cyclically Adjusted PB Ratio was 13.27. The lowest was 4.59. And the median was 9.12.

BOM:532497's Cyclically Adjusted PB Ratio is ranked worse than
94.15% of 171 companies
in the Beverages - Alcoholic industry
Industry Median: 1.88 vs BOM:532497: 12.88

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.

Radico Khaitan's adjusted book value per share data for the three months ended in Mar. 2024 was ₹182.449. 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 ₹133.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Radico Khaitan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Radico Khaitan'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.

Radico Khaitan Cyclically Adjusted PB Ratio Chart

Radico Khaitan 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 - 5.93 8.14 9.87 12.90

Radico Khaitan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.87 - 9.38 - 12.90

Competitive Comparison of Radico Khaitan's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Radico Khaitan'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.


Radico Khaitan's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Radico Khaitan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Radico Khaitan 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.

Radico Khaitan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1776.50/133.84
=13.27

* 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.

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

For example, Radico Khaitan'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)
=182.449/153.0345*153.0345
=182.449

Current CPI (Mar. 2024) = 153.0345.

Radico Khaitan Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201309 56.183 91.042 94.439
201312 0.000 91.425 0.000
201403 58.710 91.425 98.274
201406 0.000 94.103 0.000
201409 60.149 96.780 95.111
201412 0.000 96.780 0.000
201503 68.660 97.163 108.142
201506 0.000 99.841 0.000
201509 65.321 101.753 98.241
201512 0.000 102.901 0.000
201603 73.460 102.518 109.658
201606 0.000 105.961 0.000
201609 75.395 105.961 108.889
201612 0.000 105.196 0.000
201703 78.482 105.196 114.172
201803 86.781 109.786 120.967
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 100.124 118.202 129.629
201906 0.000 120.880 0.000
201909 108.994 123.175 135.416
201912 0.000 126.235 0.000
202003 115.546 124.705 141.795
202006 0.000 127.000 0.000
202009 122.432 130.118 143.995
202012 0.000 130.889 0.000
202103 134.232 131.771 155.893
202106 0.000 134.084 0.000
202109 141.787 135.847 159.726
202112 0.000 138.161 0.000
202203 151.627 138.822 167.151
202206 0.000 142.347 0.000
202209 157.452 144.661 166.566
202212 0.000 145.763 0.000
202303 165.170 146.865 172.109
202306 0.000 150.280 0.000
202309 172.448 151.492 174.204
202312 0.000 152.924 0.000
202403 182.449 153.035 182.449

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.


Radico Khaitan  (BOM:532497) 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.


Radico Khaitan Cyclically Adjusted PB Ratio Related Terms

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Radico Khaitan (BOM:532497) Business Description

Traded in Other Exchanges
Address
Mathura Road, Plot No. J-1, Block B-1, Mohan Co-operative Industrial Area, New Delhi, IND, 110044
Radico Khaitan Ltd is an India-based liquor manufacturing company. Its products include whiskey, vodka, rum, brandy, and gin. The company's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy, and 8 PM Whisky. It has three distilleries in Rampur, Uttar Pradesh, and one in Aurangabad, Maharashtra. It produces extra neutral alcohol from molasses, as well as grain. It produces malt spirit and aged grain spirit, as well as matured malt spirit.

Radico Khaitan (BOM:532497) Headlines

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