GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Graphite India Ltd (NSE:GRAPHITE) » Definitions » Cyclically Adjusted PB Ratio

Graphite India (NSE:GRAPHITE) Cyclically Adjusted PB Ratio : 2.68 (As of Jun. 21, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Graphite India Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Graphite India's current share price is ₹588.70. Graphite India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹219.37. Graphite India's Cyclically Adjusted PB Ratio for today is 2.68.

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

NSE:GRAPHITE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.56   Med: 2.75   Max: 3.12
Current: 2.61

During the past years, Graphite India's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 2.56. And the median was 2.75.

NSE:GRAPHITE's Cyclically Adjusted PB Ratio is ranked worse than
63.68% of 2186 companies
in the Industrial Products industry
Industry Median: 1.84 vs NSE:GRAPHITE: 2.61

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.

Graphite India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹287.190. 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 ₹219.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graphite India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Graphite 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.

Graphite India Cyclically Adjusted PB Ratio Chart

Graphite 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 - - - - 2.75

Graphite 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 - - - - 2.75

Competitive Comparison of Graphite India's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Graphite 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.


Graphite India's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graphite India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Graphite 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=588.70/219.37
=2.68

* 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.

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

For example, Graphite 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)
=287.19/153.0345*153.0345
=287.190

Current CPI (Mar. 2024) = 153.0345.

Graphite India Quarterly Data

Book Value per Share CPI Adj_Book
200603 32.438 45.521 109.051
200703 43.804 48.581 137.985
200803 49.985 52.407 145.963
200903 74.049 56.615 200.161
201003 74.797 65.030 176.018
201103 77.895 70.768 168.446
201203 84.745 76.889 168.671
201303 87.619 85.687 156.485
201403 90.046 91.425 150.726
201503 92.003 97.163 144.908
201603 91.515 102.518 136.609
201703 95.076 105.196 138.312
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 139.824 109.786 194.905
201806 0.000 111.317 0.000
201809 232.065 115.142 308.436
201812 0.000 115.142 0.000
201903 273.861 118.202 354.564
201906 0.000 120.880 0.000
201909 252.283 123.175 313.440
201912 0.000 126.235 0.000
202003 233.103 124.705 286.057
202006 0.000 127.000 0.000
202009 228.022 130.118 268.182
202012 0.000 130.889 0.000
202103 232.462 131.771 269.975
202106 0.000 134.084 0.000
202109 241.739 135.847 272.324
202112 0.000 138.161 0.000
202203 253.194 138.822 279.116
202206 0.000 142.347 0.000
202209 248.649 144.661 263.042
202212 0.000 145.763 0.000
202303 254.066 146.865 264.740
202306 0.000 150.280 0.000
202309 284.989 151.492 287.891
202312 0.000 152.924 0.000
202403 287.190 153.035 287.190

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.


Graphite India  (NSE:GRAPHITE) 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.


Graphite India Cyclically Adjusted PB Ratio Related Terms

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


Graphite India (NSE:GRAPHITE) Business Description

Traded in Other Exchanges
Address
31, Chowringhee Road, Kolkata, WB, IND, 700 016
Graphite India Ltd is an industrial products manufacturer in India. It manufactures graphite electrodes and graphite-based products. Its segments are Graphite and Carbon Segment and Other segments. The company also manufactures other products like Impervious Graphite Equipment and Spares, steel and alloy steel, reinforced plastic pipes, and many more.

Graphite India (NSE:GRAPHITE) Headlines

No Headlines