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ACI Formulations (DHA:ACIFORMULA) Cyclically Adjusted PB Ratio : 2.12 (As of May. 03, 2024)


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What is ACI Formulations Cyclically Adjusted PB Ratio?

As of today (2024-05-03), ACI Formulations's current share price is BDT131.30. ACI Formulations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT62.02. ACI Formulations's Cyclically Adjusted PB Ratio for today is 2.12.

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

DHA:ACIFORMULA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 2.54   Max: 3.12
Current: 1.98

During the past years, ACI Formulations's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 1.98. And the median was 2.54.

DHA:ACIFORMULA's Cyclically Adjusted PB Ratio is ranked worse than
61.68% of 167 companies
in the Agriculture industry
Industry Median: 1.4 vs DHA:ACIFORMULA: 1.98

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.

ACI Formulations's adjusted book value per share data for the three months ended in Dec. 2023 was BDT66.412. 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 BDT62.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACI Formulations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACI Formulations'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.

ACI Formulations Cyclically Adjusted PB Ratio Chart

ACI Formulations Annual Data
Trend Dec13 Dec14 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.56

ACI Formulations 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 2.65 2.58 2.56 2.50 2.50

Competitive Comparison of ACI Formulations's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, ACI Formulations'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.


ACI Formulations's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, ACI Formulations's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ACI Formulations 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.

ACI Formulations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=131.30/62.02
=2.12

* 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.

ACI Formulations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=66.412/129.4194*129.4194
=66.412

Current CPI (Dec. 2023) = 129.4194.

ACI Formulations Quarterly Data

Book Value per Share CPI Adj_Book
201312 36.601 98.326 48.175
201403 0.000 99.695 0.000
201406 34.329 100.560 44.181
201409 36.573 100.428 47.131
201412 38.189 99.070 49.888
201503 39.814 99.621 51.723
201506 36.846 100.684 47.362
201509 37.593 100.392 48.463
201512 49.542 99.792 64.250
201603 50.867 100.470 65.524
201609 48.742 101.861 61.929
201612 49.843 101.863 63.327
201703 51.429 102.862 64.707
201706 51.761 103.349 64.818
201709 51.866 104.136 64.459
201712 52.490 104.011 65.312
201803 52.942 105.290 65.075
201806 52.801 106.317 64.275
201809 53.193 106.507 64.636
201812 51.588 105.998 62.987
201903 52.361 107.251 63.184
201906 52.206 108.070 62.520
201909 52.347 108.329 62.538
201912 49.989 108.420 59.671
202003 50.611 108.902 60.147
202006 50.836 108.767 60.488
202009 51.240 109.815 60.388
202012 51.293 109.897 60.405
202103 52.777 111.754 61.119
202106 63.594 114.631 71.798
202109 64.711 115.734 72.363
202112 64.446 117.630 70.905
202203 65.972 121.301 70.387
202206 65.877 125.017 68.197
202209 67.430 125.227 69.688
202212 67.415 125.222 69.675
202303 68.740 127.348 69.858
202306 64.568 128.729 64.914
202309 66.211 129.860 65.987
202312 66.412 129.419 66.412

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.


ACI Formulations  (DHA:ACIFORMULA) 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.


ACI Formulations Cyclically Adjusted PB Ratio Related Terms

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


ACI Formulations (DHA:ACIFORMULA) Business Description

Traded in Other Exchanges
N/A
Address
ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208
ACI Formulations Ltd is an agricultural chemicals manufacturer. The principal activities of the company are manufacturing and marketing a number of agrochemical and consumer products. The company has structured its operations into the following business segments - Crop Care and Public Health segment, which manufactures and sell crop care and public health products; Mosquito Coil segment is engaged in the manufacturing and selling of mosquito coil products; the Aerosol segment is engaged in the manufacturing and selling aerosol and air freshener products; and Paint segment which manufactures and sells paint products. It derives key revenue from the Crop Care and Public Health segment.

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