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Akzo Nobel India (NSE:AKZOINDIA) Cyclically Adjusted PB Ratio : 7.83 (As of Jun. 05, 2024)


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What is Akzo Nobel India Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Akzo Nobel India's current share price is ₹2533.50. Akzo Nobel India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹323.68. Akzo Nobel India's Cyclically Adjusted PB Ratio for today is 7.83.

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

NSE:AKZOINDIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.42   Med: 5.88   Max: 8.08
Current: 7.93

During the past years, Akzo Nobel India's highest Cyclically Adjusted PB Ratio was 8.08. The lowest was 4.42. And the median was 5.88.

NSE:AKZOINDIA's Cyclically Adjusted PB Ratio is ranked worse than
92.47% of 1182 companies
in the Chemicals industry
Industry Median: 1.69 vs NSE:AKZOINDIA: 7.93

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.

Akzo Nobel India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹292.027. 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 ₹323.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akzo Nobel India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Akzo Nobel 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.

Akzo Nobel India Cyclically Adjusted PB Ratio Chart

Akzo Nobel India 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 5.83 6.34 5.61 7.19 7.37

Akzo Nobel India 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 7.19 - 7.67 - 7.37

Competitive Comparison of Akzo Nobel India's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Akzo Nobel 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.


Akzo Nobel India's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Akzo Nobel India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Akzo Nobel 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.

Akzo Nobel India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2533.50/323.68
=7.83

* 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.

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

For example, Akzo Nobel India'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)
=292.027/153.0345*153.0345
=292.027

Current CPI (Mar. 2024) = 153.0345.

Akzo Nobel India Quarterly Data

Book Value per Share CPI Adj_Book
201309 251.929 91.042 423.471
201312 0.000 91.425 0.000
201403 181.696 91.425 304.138
201406 0.000 94.103 0.000
201409 200.710 96.780 317.374
201412 0.000 96.780 0.000
201503 227.881 97.163 358.919
201506 0.000 99.841 0.000
201509 215.657 101.753 324.343
201512 0.000 102.901 0.000
201603 249.291 102.518 372.130
201606 0.000 105.961 0.000
201609 186.210 105.961 268.934
201612 0.000 105.196 0.000
201703 216.372 105.196 314.768
201803 276.659 109.786 385.643
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 249.515 118.202 323.043
201906 0.000 120.880 0.000
201909 243.018 123.175 301.929
201912 0.000 126.235 0.000
202003 271.825 124.705 333.576
202006 0.000 127.000 0.000
202009 267.337 130.118 314.421
202012 0.000 130.889 0.000
202103 282.892 131.771 328.543
202106 0.000 134.084 0.000
202109 281.540 135.847 317.161
202112 0.000 138.161 0.000
202203 276.568 138.822 304.883
202206 0.000 142.347 0.000
202209 272.791 144.661 288.581
202212 0.000 145.763 0.000
202303 289.041 146.865 301.184
202306 0.000 150.280 0.000
202309 293.850 151.492 296.842
202312 0.000 152.924 0.000
202403 292.027 153.035 292.027

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.


Akzo Nobel India  (NSE:AKZOINDIA) 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.


Akzo Nobel India Cyclically Adjusted PB Ratio Related Terms

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


Akzo Nobel India (NSE:AKZOINDIA) Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011
Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

Akzo Nobel India (NSE:AKZOINDIA) Headlines

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