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Flora (BOM:540267) Cyclically Adjusted PB Ratio : 2.19 (As of Jun. 19, 2024)


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What is Flora Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Flora's current share price is ₹12.59. Flora's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₹5.74. Flora's Cyclically Adjusted PB Ratio for today is 2.19.

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

BOM:540267' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.45   Max: 2.88
Current: 2.43

During the past years, Flora's highest Cyclically Adjusted PB Ratio was 2.88. The lowest was 1.27. And the median was 1.45.

BOM:540267's Cyclically Adjusted PB Ratio is ranked worse than
70.48% of 1372 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs BOM:540267: 2.43

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.

Flora's adjusted book value per share data for the three months ended in Sep. 2023 was ₹5.392. 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 ₹5.74 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flora Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flora'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.

Flora Cyclically Adjusted PB Ratio Chart

Flora 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 - - - 1.31 -

Flora Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 1.31 - 1.72 -

Competitive Comparison of Flora's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Flora'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.


Flora's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flora's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Flora 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.

Flora's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.59/5.74
=2.19

* 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.

Flora's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Flora's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.392/151.4920*151.4920
=5.392

Current CPI (Sep. 2023) = 151.4920.

Flora Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 91.042 0.000
201312 0.000 91.425 0.000
201403 4.319 91.425 7.157
201406 0.000 94.103 0.000
201409 4.313 96.780 6.751
201412 0.000 96.780 0.000
201503 4.328 97.163 6.748
201506 0.000 99.841 0.000
201509 4.334 101.753 6.453
201512 0.000 102.901 0.000
201603 0.000 102.518 0.000
201606 0.000 105.961 0.000
201609 4.344 105.961 6.211
201612 0.000 105.196 0.000
201703 4.361 105.196 6.280
201706 0.000 107.109 0.000
201709 4.606 109.021 6.400
201803 4.593 109.786 6.338
201806 0.000 111.317 0.000
201809 4.362 115.142 5.739
201812 0.000 115.142 0.000
201903 4.798 118.202 6.149
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 4.397 126.235 5.277
202003 4.797 124.705 5.827
202006 4.432 127.000 5.287
202009 4.457 130.118 5.189
202012 4.107 130.889 4.753
202103 4.817 131.771 5.538
202106 0.000 134.084 0.000
202109 4.387 135.847 4.892
202112 4.346 138.161 4.765
202203 4.859 138.822 5.302
202206 0.000 142.347 0.000
202209 4.567 144.661 4.783
202212 0.000 145.763 0.000
202303 4.959 146.865 5.115
202306 0.000 150.280 0.000
202309 5.392 151.492 5.392

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.


Flora  (BOM:540267) 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.


Flora Cyclically Adjusted PB Ratio Related Terms

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


Flora (BOM:540267) Business Description

Traded in Other Exchanges
N/A
Address
House No: 14-8-346/1B, Ground Floor, Jummerat Bazar, Hyderabad, TG, IND, 500012
Flora Corp Ltd engages in the business of Marine and Fisheries Products. It is also dealing in Scrap Products and Dairy Products.

Flora (BOM:540267) Headlines

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