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M K Exim (India) (BOM:538890) Cyclically Adjusted PB Ratio : 7.29 (As of May. 28, 2024)


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What is M K Exim (India) Cyclically Adjusted PB Ratio?

As of today (2024-05-28), M K Exim (India)'s current share price is ₹78.83. M K Exim (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was ₹10.82. M K Exim (India)'s Cyclically Adjusted PB Ratio for today is 7.29.

The historical rank and industry rank for M K Exim (India)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:538890's Cyclically Adjusted PB Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.34
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

M K Exim (India)'s adjusted book value per share data for the three months ended in Mar. 2023 was ₹17.121. 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 ₹10.82 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


M K Exim (India) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for M K Exim (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.

* Premium members only.

M K Exim (India) Cyclically Adjusted PB Ratio Chart

M K Exim (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 - - - 5.70 4.94

M K Exim (India) Quarterly Data
Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23
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 - 5.70 - - 4.94

Competitive Comparison of M K Exim (India)'s Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, M K Exim (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.


M K Exim (India)'s Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M K Exim (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where M K Exim (India)'s Cyclically Adjusted PB Ratio falls into.



M K Exim (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.

M K Exim (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.83/10.82
=7.29

* 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.

M K Exim (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, M K Exim (India)'s adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=17.121/146.8646*146.8646
=17.121

Current CPI (Mar. 2023) = 146.8646.

M K Exim (India) Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.000 75.359 0.000
201203 0.000 76.889 0.000
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 6.779 85.687 11.619
201306 0.000 88.365 0.000
201309 6.828 91.042 11.015
201312 0.000 91.425 0.000
201403 6.814 91.425 10.946
201406 0.000 94.103 0.000
201409 6.898 96.780 10.468
201412 0.000 96.780 0.000
201503 6.837 97.163 10.334
201506 0.000 99.841 0.000
201509 6.873 101.753 9.920
201512 0.000 102.901 0.000
201603 7.019 102.518 10.055
201606 0.000 105.961 0.000
201609 6.954 105.961 9.638
201703 7.274 105.196 10.155
201803 7.393 109.786 9.890
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 7.546 118.202 9.376
201906 0.000 120.880 0.000
201909 7.298 123.175 8.702
201912 0.000 126.235 0.000
202003 8.541 124.705 10.059
202006 0.000 127.000 0.000
202009 8.987 130.118 10.144
202012 0.000 130.889 0.000
202103 9.702 131.771 10.813
202106 0.000 134.084 0.000
202112 0.000 138.161 0.000
202203 12.999 138.822 13.752
202206 0.000 142.347 0.000
202212 0.000 145.763 0.000
202303 17.121 146.865 17.121

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.


M K Exim (India)  (BOM:538890) 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.


M K Exim (India) Cyclically Adjusted PB Ratio Related Terms

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M K Exim (India) (BOM:538890) Business Description

Traded in Other Exchanges
N/A
Address
Tonk Road, G1/150, Garment Zone, RIICO Industrial Area, E.P.I.P. Sitapura, Jaipur, RJ, IND, 302022
M K Exim (India) Ltd is an investment holding company. The two operating segments of the company are Finish fabrics, Garments and Plastic material, and Cosmetics. The company generates maximum revenue from the Cosmetics segment.

M K Exim (India) (BOM:538890) Headlines

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