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Alkali Metals (BOM:533029) Cyclically Adjusted PB Ratio : 1.85 (As of Jun. 18, 2024)


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What is Alkali Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Alkali Metals's current share price is ₹120.00. Alkali Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹64.92. Alkali Metals's Cyclically Adjusted PB Ratio for today is 1.85.

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

BOM:533029' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.57   Max: 2.34
Current: 1.89

During the past years, Alkali Metals's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 0.62. And the median was 1.57.

BOM:533029's Cyclically Adjusted PB Ratio is ranked worse than
55.47% of 1215 companies
in the Chemicals industry
Industry Median: 1.65 vs BOM:533029: 1.89

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.

Alkali Metals's adjusted book value per share data for the three months ended in Mar. 2024 was ₹50.487. 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 ₹64.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alkali Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alkali Metals'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.

Alkali Metals Cyclically Adjusted PB Ratio Chart

Alkali Metals 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 - 0.72 1.23 1.42 1.60

Alkali Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 1.42 1.70 - 1.60

Competitive Comparison of Alkali Metals's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Alkali Metals'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.


Alkali Metals's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Alkali Metals 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.

Alkali Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=120.00/64.92
=1.85

* 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.

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

For example, Alkali Metals'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)
=50.487/153.0345*153.0345
=50.487

Current CPI (Mar. 2024) = 153.0345.

Alkali Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 49.819 91.425 83.391
201406 0.000 94.103 0.000
201409 49.162 96.780 77.738
201412 0.000 96.780 0.000
201503 48.486 97.163 76.367
201506 0.000 99.841 0.000
201509 50.098 101.753 75.346
201512 0.000 102.901 0.000
201603 49.737 102.518 74.245
201606 0.000 105.961 0.000
201609 49.538 105.961 71.545
201612 0.000 105.196 0.000
201703 49.617 105.196 72.181
201706 0.000 107.109 0.000
201709 49.442 109.021 69.402
201712 0.000 109.404 0.000
201803 50.459 109.786 70.336
201806 0.000 111.317 0.000
201809 49.983 115.142 66.432
201812 0.000 115.142 0.000
201903 51.100 118.202 66.158
201906 0.000 120.880 0.000
201909 51.580 123.175 64.084
201912 0.000 126.235 0.000
202003 49.383 124.705 60.601
202006 0.000 127.000 0.000
202009 48.711 130.118 57.290
202012 0.000 130.889 0.000
202103 48.485 131.771 56.309
202106 0.000 134.084 0.000
202109 49.971 135.847 56.293
202112 0.000 138.161 0.000
202203 51.149 138.822 56.386
202206 0.000 142.347 0.000
202209 51.197 144.661 54.160
202212 0.000 145.763 0.000
202303 51.912 146.865 54.093
202309 49.868 151.492 50.376
202312 0.000 152.924 0.000
202403 50.487 153.035 50.487

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.


Alkali Metals  (BOM:533029) 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.


Alkali Metals Cyclically Adjusted PB Ratio Related Terms

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


Alkali Metals (BOM:533029) Business Description

Traded in Other Exchanges
Address
Plot B-5, Block III, Industrial Development Area, Uppal, Hyderabad, TG, IND, 500 039
Alkali Metals Ltd operates in the chemical industry. It is engaged in the manufacturing and sale of chemicals. Geographically, it derives a majority of its revenue from External segment. The product portfolio includes sodium and other metal derivatives like amides, hydrides, alkoxides, azides and tetrazoles, pyridine compounds, cyclic compounds, and others.

Alkali Metals (BOM:533029) Headlines

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