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Agro Phos India (NSE:AGROPHOS) Cyclically Adjusted PB Ratio : 2.08 (As of Jun. 01, 2024)


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What is Agro Phos India Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Agro Phos India's current share price is ₹43.15. Agro Phos India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹20.74. Agro Phos India's Cyclically Adjusted PB Ratio for today is 2.08.

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

NSE:AGROPHOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.74   Max: 3.88
Current: 2.17

During the past 12 years, Agro Phos India's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 0.74. And the median was 1.74.

NSE:AGROPHOS's Cyclically Adjusted PB Ratio is ranked worse than
64.32% of 185 companies
in the Agriculture industry
Industry Median: 1.6 vs NSE:AGROPHOS: 2.17

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.

Agro Phos India's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹25.672. 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 ₹20.74 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agro Phos India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Agro Phos 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.

Agro Phos India Cyclically Adjusted PB Ratio Chart

Agro Phos 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 - - 0.77 1.30 1.51

Agro Phos India 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 - 1.51 - - -

Competitive Comparison of Agro Phos India's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Agro Phos 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.


Agro Phos India's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

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

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



Agro Phos 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.

Agro Phos India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.15/20.74
=2.08

* 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.

Agro Phos India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Agro Phos India'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)
=25.672/146.8646*146.8646
=25.672

Current CPI (Mar23) = 146.8646.

Agro Phos India Annual Data

Book Value per Share CPI Adj_Book
201403 4.701 91.425 7.552
201503 10.111 97.163 15.283
201603 16.044 102.518 22.984
201703 16.094 105.196 22.469
201803 16.762 109.786 22.423
201903 17.110 118.202 21.259
202003 18.950 124.705 22.317
202103 20.548 131.771 22.902
202203 23.167 138.822 24.509
202303 25.672 146.865 25.672

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.


Agro Phos India  (NSE:AGROPHOS) 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.


Agro Phos India Cyclically Adjusted PB Ratio Related Terms

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


Agro Phos India (NSE:AGROPHOS) Business Description

Traded in Other Exchanges
N/A
Address
M-87, Trade Centre 18M, South Tukoganj, Indore, MP, IND, 452001
Agro Phos India Ltd is engaged in the manufacturing of fertilizers such as Single Super Phosphate (SSP), Nitrogen Phosphate and Potassium (NPK), Zinc Sulphate, Organic manure, and Calcium Sulphate. The company is also engaged in fertilizer and commodities trading.

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