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Indian Wood Products Co (BOM:540954) Cyclically Adjusted PB Ratio : 0.60 (As of Apr. 30, 2024)


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What is Indian Wood Products Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Indian Wood Products Co's current share price is ₹31.06. Indian Wood Products Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹52.12. Indian Wood Products Co's Cyclically Adjusted PB Ratio for today is 0.60.

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

BOM:540954' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.75   Max: 1.46
Current: 0.61

During the past 12 years, Indian Wood Products Co's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.37. And the median was 0.75.

BOM:540954's Cyclically Adjusted PB Ratio is ranked better than
65.12% of 215 companies
in the Forest Products industry
Industry Median: 0.84 vs BOM:540954: 0.61

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.

Indian Wood Products Co's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹55.146. 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 ₹52.12 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Wood Products Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indian Wood Products Co'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.

Indian Wood Products Co Cyclically Adjusted PB Ratio Chart

Indian Wood Products Co 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 - - 1.06 0.75 0.37

Indian Wood Products Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.37 - - -

Competitive Comparison of Indian Wood Products Co's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Indian Wood Products Co'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.


Indian Wood Products Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Indian Wood Products Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Wood Products Co's Cyclically Adjusted PB Ratio falls into.



Indian Wood Products Co 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.

Indian Wood Products Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.06/52.12
=0.60

* 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.

Indian Wood Products Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Indian Wood Products Co's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=55.146/146.8646*146.8646
=55.146

Current CPI (Mar23) = 146.8646.

Indian Wood Products Co Annual Data

Book Value per Share CPI Adj_Book
201403 2.492 91.425 4.003
201503 2.986 97.163 4.513
201603 47.685 102.518 68.312
201703 49.339 105.196 68.882
201803 51.743 109.786 69.218
201903 54.071 118.202 67.183
202003 54.772 124.705 64.505
202103 55.029 131.771 61.332
202203 54.906 138.822 58.087
202303 55.146 146.865 55.146

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.


Indian Wood Products Co  (BOM:540954) 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.


Indian Wood Products Co Cyclically Adjusted PB Ratio Related Terms

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Indian Wood Products Co (BOM:540954) Business Description

Traded in Other Exchanges
N/A
Address
9, Brabourne Road, 7th Floor, Bombay Mutual Building, Kolkata, WB, IND, 700001
Indian Wood Products Co Ltd is engaged in the production, processing, and marketing of Katha and Cutch. The company's products are used as a mouth freshener, medical, and dyeing agent for natural fibers, and are also useful for the treatment of Acute viral hepatitis, and as Anti-diabetic, Anti-inflammatory, Anti-Diarrhoea, Anti-dysentery, Chemo-prevention, and others. It is also traditionally used for the treatment of Gums and Tooth and skin ailments. The company derives a majority of its revenue from the sales of Katha. The group principally operates in India.

Indian Wood Products Co (BOM:540954) Headlines

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