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Emami (NSE:EMAMILTD) Cyclically Adjusted PB Ratio : 10.82 (As of Dec. 14, 2024)


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What is Emami Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Emami's current share price is ₹592.05. Emami's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₹54.72. Emami's Cyclically Adjusted PB Ratio for today is 10.82.

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

NSE:EMAMILTD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.45   Med: 10.24   Max: 14.02
Current: 11.76

During the past years, Emami's highest Cyclically Adjusted PB Ratio was 14.02. The lowest was 5.45. And the median was 10.24.

NSE:EMAMILTD's Cyclically Adjusted PB Ratio is ranked worse than
95.38% of 1277 companies
in the Consumer Packaged Goods industry
Industry Median: 1.47 vs NSE:EMAMILTD: 11.76

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.

Emami's adjusted book value per share data for the three months ended in Sep. 2024 was ₹60.222. 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 ₹54.72 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emami Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Emami'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.

Emami Cyclically Adjusted PB Ratio Chart

Emami 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 5.08 12.56 10.31 7.55 8.29

Emami 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 10.73 - 8.29 - 14.00

Competitive Comparison of Emami's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Emami'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.


Emami's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Emami 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.

Emami's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=592.05/54.72
=10.82

* 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.

Emami's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Emami's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=60.222/157.8822*157.8822
=60.222

Current CPI (Sep. 2024) = 157.8822.

Emami Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 27.110 97.163 44.052
201506 0.000 99.841 0.000
201509 30.429 101.753 47.214
201512 0.000 102.901 0.000
201603 35.503 102.518 54.676
201606 0.000 105.961 0.000
201609 34.786 105.961 51.831
201612 0.000 105.196 0.000
201703 38.655 105.196 58.015
201706 0.000 107.109 0.000
201709 38.681 109.021 56.017
201712 0.000 109.404 0.000
201803 44.359 109.786 63.792
201806 0.000 111.317 0.000
201809 41.805 115.142 57.323
201812 0.000 115.142 0.000
201903 45.735 118.202 61.088
201906 0.000 120.880 0.000
201909 42.610 123.175 54.616
201912 0.000 126.235 0.000
202003 40.243 124.705 50.949
202006 0.000 127.000 0.000
202009 39.987 130.118 48.519
202012 0.000 130.889 0.000
202103 39.653 131.771 47.511
202106 0.000 134.084 0.000
202109 46.339 135.847 53.855
202112 0.000 138.161 0.000
202203 47.072 138.822 53.535
202206 0.000 142.347 0.000
202209 52.875 144.661 57.707
202212 0.000 145.763 0.000
202303 52.200 146.865 56.116
202306 0.000 150.280 0.000
202309 55.113 151.492 57.438
202312 0.000 152.924 0.000
202403 56.050 153.035 57.826
202406 0.000 155.789 0.000
202409 60.222 157.882 60.222

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.


Emami  (NSE:EMAMILTD) 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.


Emami Cyclically Adjusted PB Ratio Related Terms

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


Emami Business Description

Traded in Other Exchanges
Address
Emami Tower, EM Bypass, 687, Anandapur, Kolkata, WB, IND, 700107
Emami Ltd is a fast-moving consumer goods company engaged in manufacturing and marketing of personal care & healthcare products.. The company's portfolio includes trusted power brands like Navratna, BoroPlus, Fair & Handsome, Zandu Balm, Mentho Plus and Kesh King.

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