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Captain Polyplast (BOM:536974) Cyclically Adjusted PB Ratio : 4.52 (As of Jun. 11, 2024)


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What is Captain Polyplast Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Captain Polyplast's current share price is ₹50.00. Captain Polyplast's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹11.06. Captain Polyplast's Cyclically Adjusted PB Ratio for today is 4.52.

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

BOM:536974' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.48   Med: 5.1   Max: 5.94
Current: 4.48

During the past years, Captain Polyplast's highest Cyclically Adjusted PB Ratio was 5.94. The lowest was 4.48. And the median was 5.10.

BOM:536974's Cyclically Adjusted PB Ratio is ranked worse than
88.82% of 170 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.65 vs BOM:536974: 4.48

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.

Captain Polyplast's adjusted book value per share data for the three months ended in Mar. 2024 was ₹18.051. 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 ₹11.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Captain Polyplast Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Captain Polyplast'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.

Captain Polyplast Cyclically Adjusted PB Ratio Chart

Captain Polyplast 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 - - - - 4.88

Captain Polyplast 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 - - - - 4.88

Competitive Comparison of Captain Polyplast's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Captain Polyplast'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.


Captain Polyplast's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Captain Polyplast's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Captain Polyplast 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.

Captain Polyplast's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/11.06
=4.52

* 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.

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

For example, Captain Polyplast'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)
=18.051/153.0345*153.0345
=18.051

Current CPI (Mar. 2024) = 153.0345.

Captain Polyplast Quarterly Data

Book Value per Share CPI Adj_Book
201303 7.969 85.687 14.232
201309 0.000 91.042 0.000
201403 3.759 91.425 6.292
201409 3.841 96.780 6.074
201503 4.216 97.163 6.640
201509 3.622 101.753 5.447
201512 0.000 102.901 0.000
201603 4.845 102.518 7.232
201606 0.000 105.961 0.000
201609 5.309 105.961 7.668
201612 0.000 105.196 0.000
201703 5.786 105.196 8.417
201706 0.000 107.109 0.000
201709 6.057 109.021 8.502
201712 0.000 109.404 0.000
201803 6.663 109.786 9.288
201806 0.000 111.317 0.000
201809 6.904 115.142 9.176
201812 0.000 115.142 0.000
201903 8.056 118.202 10.430
201906 0.000 120.880 0.000
201909 9.003 123.175 11.185
201912 0.000 126.235 0.000
202003 10.521 124.705 12.911
202006 0.000 127.000 0.000
202009 11.480 130.118 13.502
202012 0.000 130.889 0.000
202103 12.319 131.771 14.307
202106 0.000 134.084 0.000
202109 12.519 135.847 14.103
202112 0.000 138.161 0.000
202203 13.145 138.822 14.491
202206 0.000 142.347 0.000
202209 13.231 144.661 13.997
202212 0.000 145.763 0.000
202303 14.364 146.865 14.967
202306 0.000 150.280 0.000
202309 16.294 151.492 16.460
202312 0.000 152.924 0.000
202403 18.051 153.035 18.051

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.


Captain Polyplast  (BOM:536974) 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.


Captain Polyplast Cyclically Adjusted PB Ratio Related Terms

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


Captain Polyplast (BOM:536974) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 267, Plot No. 10A, 10B and 11, N.H. No.27, Captain Gate, Shapar - Veraval, Rajkot, GJ, IND, 360 024
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation Equipments including drip irrigation system, irrigation laterals, compression fittings, valves, irrigation filters, venturi injectors, sprinkler irrigation system, mini sprinkler irrigation system, greenhouse, and mulch films; Solar System including solar water pumping system, solar fence energizer, solar water heater, solar street light system; Fertilizer; Polymer; and Pipes and Fittings. The majority of the revenue is from the Micro Irrigation Systems & Allied Products segment.

Captain Polyplast (BOM:536974) Headlines

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