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Bayer CropScience (NSE:BAYERCROP) Cyclically Adjusted PB Ratio : 8.07 (As of Jun. 17, 2024)


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What is Bayer CropScience Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Bayer CropScience's current share price is ₹6107.70. Bayer CropScience's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹756.95. Bayer CropScience's Cyclically Adjusted PB Ratio for today is 8.07.

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

NSE:BAYERCROP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.45   Med: 7.11   Max: 10.63
Current: 8.09

During the past years, Bayer CropScience's highest Cyclically Adjusted PB Ratio was 10.63. The lowest was 5.45. And the median was 7.11.

NSE:BAYERCROP's Cyclically Adjusted PB Ratio is ranked worse than
91.88% of 197 companies
in the Agriculture industry
Industry Median: 1.52 vs NSE:BAYERCROP: 8.09

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.

Bayer CropScience's adjusted book value per share data for the three months ended in Mar. 2024 was ₹634.016. 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 ₹756.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer CropScience Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bayer CropScience'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.

Bayer CropScience Cyclically Adjusted PB Ratio Chart

Bayer CropScience 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 6.13 8.04 7.09 5.45 6.94

Bayer CropScience 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 5.45 - 7.06 - 6.94

Competitive Comparison of Bayer CropScience's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Bayer CropScience'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.


Bayer CropScience's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

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

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



Bayer CropScience 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.

Bayer CropScience's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6107.70/756.95
=8.07

* 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.

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

For example, Bayer CropScience'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)
=634.016/153.0345*153.0345
=634.016

Current CPI (Mar. 2024) = 153.0345.

Bayer CropScience Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 548.841 96.780 867.858
201412 0.000 96.780 0.000
201503 576.367 97.163 907.795
201506 0.000 99.841 0.000
201509 625.440 101.753 940.647
201512 0.000 102.901 0.000
201603 520.281 102.518 776.651
201606 0.000 105.961 0.000
201609 580.924 105.961 839.000
201612 0.000 105.196 0.000
201703 581.745 105.196 846.297
201706 0.000 107.109 0.000
201709 518.588 109.021 727.947
201712 0.000 109.404 0.000
201803 517.947 109.786 721.982
201806 0.000 111.317 0.000
201809 570.578 115.142 758.352
201812 0.000 115.142 0.000
201903 652.247 118.202 844.454
201906 0.000 120.880 0.000
201909 703.888 123.175 874.521
201912 0.000 126.235 0.000
202003 572.403 124.705 702.436
202006 0.000 127.000 0.000
202009 563.369 130.118 662.591
202012 0.000 130.889 0.000
202103 567.463 131.771 659.035
202106 0.000 134.084 0.000
202109 633.304 135.847 713.430
202112 0.000 138.161 0.000
202203 561.678 138.822 619.183
202206 0.000 142.347 0.000
202209 640.535 144.661 677.611
202212 0.000 145.763 0.000
202303 603.465 146.865 628.817
202306 0.000 150.280 0.000
202309 696.763 151.492 703.857
202312 0.000 152.924 0.000
202403 634.016 153.035 634.016

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.


Bayer CropScience  (NSE:BAYERCROP) 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.


Bayer CropScience Cyclically Adjusted PB Ratio Related Terms

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


Bayer CropScience (NSE:BAYERCROP) Business Description

Traded in Other Exchanges
Address
Bayer House, Central Avenue, Hiranandani Estate, Thane (West), Thane, MH, IND, 400 607
Bayer CropScience Ltd manufactures, distributes, and sells crop protection and hybrid seed products to the agriculture industry. The firm sells fungicides, weedicides, hybrid seeds, consumer in-home pest-control products, and other agrochemical products. Its geographical segments are India, Germany, Bangladesh, and Others, of which the vast majority of its revenue comes from India. The company is a subsidiary of Bayer AG, with the majority of common shares owned by its parent company and other Bayer AG subsidiaries.

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