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Smruthi Organics (BOM:540686) Cyclically Adjusted PB Ratio : 3.50 (As of Jun. 17, 2024)


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What is Smruthi Organics Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Smruthi Organics's current share price is ₹168.55. Smruthi Organics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹48.17. Smruthi Organics's Cyclically Adjusted PB Ratio for today is 3.50.

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

BOM:540686' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 3.7   Max: 5.57
Current: 3.5

During the past years, Smruthi Organics's highest Cyclically Adjusted PB Ratio was 5.57. The lowest was 2.81. And the median was 3.70.

BOM:540686's Cyclically Adjusted PB Ratio is ranked worse than
72.44% of 751 companies
in the Drug Manufacturers industry
Industry Median: 1.85 vs BOM:540686: 3.50

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.

Smruthi Organics's adjusted book value per share data for the three months ended in Mar. 2024 was ₹60.822. 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 ₹48.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smruthi Organics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Smruthi Organics'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.

Smruthi Organics Cyclically Adjusted PB Ratio Chart

Smruthi Organics 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 - - 4.80 2.82 3.03

Smruthi Organics 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 2.82 - 3.97 - 3.03

Competitive Comparison of Smruthi Organics's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Smruthi Organics'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.


Smruthi Organics's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Smruthi Organics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Smruthi Organics 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.

Smruthi Organics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=168.55/48.17
=3.50

* 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.

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

For example, Smruthi Organics'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)
=60.822/153.0345*153.0345
=60.822

Current CPI (Mar. 2024) = 153.0345.

Smruthi Organics Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 26.715 96.780 42.243
201412 0.000 96.780 0.000
201503 22.410 97.163 35.296
201506 0.000 99.841 0.000
201509 25.157 101.753 37.836
201512 0.000 102.901 0.000
201603 26.812 102.518 40.024
201606 0.000 105.961 0.000
201609 26.020 105.961 37.579
201612 0.000 105.196 0.000
201703 28.196 105.196 41.018
201706 0.000 107.109 0.000
201709 28.318 109.021 39.750
201712 0.000 109.404 0.000
201803 25.389 109.786 35.390
201806 0.000 111.317 0.000
201809 28.425 115.142 37.780
201812 0.000 115.142 0.000
201903 31.782 118.202 41.148
201906 0.000 120.880 0.000
201909 34.530 123.175 42.901
201912 0.000 126.235 0.000
202003 37.098 124.705 45.526
202006 0.000 127.000 0.000
202009 45.036 130.118 52.968
202012 0.000 130.889 0.000
202103 52.848 131.771 61.376
202106 0.000 134.084 0.000
202109 54.382 135.847 61.262
202112 0.000 138.161 0.000
202203 58.675 138.822 64.682
202206 0.000 142.347 0.000
202209 58.377 144.661 61.756
202212 0.000 145.763 0.000
202303 59.545 146.865 62.047
202306 0.000 150.280 0.000
202309 61.368 151.492 61.993
202312 0.000 152.924 0.000
202403 60.822 153.035 60.822

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.


Smruthi Organics  (BOM:540686) 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.


Smruthi Organics Cyclically Adjusted PB Ratio Related Terms

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Smruthi Organics (BOM:540686) Business Description

Traded in Other Exchanges
N/A
Address
165-A, Balaji Bhavan, 1st Floor, Railway Lines, Solapur, MH, IND, 413 001
Smruthi Organics Ltd is engaged in the manufacture of bulk drugs and drug intermediates (API Products). The product portfolio includes Amlodipine Besilate, Amlodipine Base, S-Amlodipine Besilate, S-Amlodipine Base, Norfloxacin, Metformin HCI, Diloxanide Furoate, Phthaloyl Amlodipine, Pantoprazole Sodium, Pefloxacin Mesylate Dihydrate, Telmisartan, Losartan Potassium and many more. It has two segments Bulk Drugs and Drugs Intermediates (API) and Formulation. it generates the majority of its revenue from the Bulk Drugs and Drugs Intermediates (API) segment.

Smruthi Organics (BOM:540686) Headlines

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