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Bajaj Hindusthan Sugar (NSE:BAJAJHIND) Cyclically Adjusted PB Ratio : 0.86 (As of Dec. 15, 2024)


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What is Bajaj Hindusthan Sugar Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Bajaj Hindusthan Sugar's current share price is ₹33.30. Bajaj Hindusthan Sugar's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹38.94. Bajaj Hindusthan Sugar's Cyclically Adjusted PB Ratio for today is 0.86.

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

NSE:BAJAJHIND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 1.1
Current: 0.86

During the past 13 years, Bajaj Hindusthan Sugar's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.04. And the median was 0.29.

NSE:BAJAJHIND's Cyclically Adjusted PB Ratio is ranked better than
69.38% of 1277 companies
in the Consumer Packaged Goods industry
Industry Median: 1.47 vs NSE:BAJAJHIND: 0.86

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.

Bajaj Hindusthan Sugar's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹35.960. 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 ₹38.94 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bajaj Hindusthan Sugar Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bajaj Hindusthan Sugar'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.

Bajaj Hindusthan Sugar Cyclically Adjusted PB Ratio Chart

Bajaj Hindusthan Sugar 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 0.03 0.10 0.32 0.32 0.75

Bajaj Hindusthan Sugar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 0.75 - -

Competitive Comparison of Bajaj Hindusthan Sugar's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Bajaj Hindusthan Sugar'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.


Bajaj Hindusthan Sugar's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bajaj Hindusthan Sugar's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bajaj Hindusthan Sugar's Cyclically Adjusted PB Ratio falls into.



Bajaj Hindusthan Sugar 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.

Bajaj Hindusthan Sugar's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.30/38.94
=0.86

* 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.

Bajaj Hindusthan Sugar's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Bajaj Hindusthan Sugar's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=35.96/153.0345*153.0345
=35.960

Current CPI (Mar24) = 153.0345.

Bajaj Hindusthan Sugar Annual Data

Book Value per Share CPI Adj_Book
201503 39.883 97.163 62.817
201603 32.041 102.518 47.829
201703 30.572 105.196 44.475
201803 26.088 109.786 36.365
201903 24.634 118.202 31.893
202003 23.793 124.705 29.198
202103 20.927 131.771 24.304
202203 35.552 138.822 39.192
202303 35.552 146.865 37.046
202403 35.960 153.035 35.960

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.


Bajaj Hindusthan Sugar  (NSE:BAJAJHIND) 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.


Bajaj Hindusthan Sugar Cyclically Adjusted PB Ratio Related Terms

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Bajaj Hindusthan Sugar Business Description

Traded in Other Exchanges
Address
Jamnalal Bajaj Marg, Bajaj Bhawan, B-10, Sector 3, NCR Delhi, Delhi, IND, 201301
Bajaj Hindusthan Sugar Ltd is an India-based sugar and ethanol manufacturing company. The operating segments of the company are Sugar, Distillery, Power, and Others. It generates maximum revenue from the Sugar segment. The by-products obtained during the sugar manufacturing process are Molasses, Bagasse, Fly ash, and Press Mud.

Bajaj Hindusthan Sugar Headlines

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