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Ind-Swift Laboratories (NSE:INDSWFTLAB) Cyclically Adjusted PB Ratio : 0.69 (As of May. 16, 2024)


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What is Ind-Swift Laboratories Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Ind-Swift Laboratories's current share price is ₹112.90. Ind-Swift Laboratories's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹162.96. Ind-Swift Laboratories's Cyclically Adjusted PB Ratio for today is 0.69.

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

NSE:INDSWFTLAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.34   Max: 0.66
Current: 0.66

During the past 13 years, Ind-Swift Laboratories's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.11. And the median was 0.34.

NSE:INDSWFTLAB's Cyclically Adjusted PB Ratio is ranked better than
81.56% of 667 companies
in the Drug Manufacturers industry
Industry Median: 1.88 vs NSE:INDSWFTLAB: 0.66

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.

Ind-Swift Laboratories's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹115.411. 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 ₹162.96 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ind-Swift Laboratories Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ind-Swift Laboratories'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.

Ind-Swift Laboratories Cyclically Adjusted PB Ratio Chart

Ind-Swift Laboratories Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.11 0.37 0.37 0.34

Ind-Swift Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.34 - - -

Competitive Comparison of Ind-Swift Laboratories's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Ind-Swift Laboratories'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.


Ind-Swift Laboratories's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ind-Swift Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ind-Swift Laboratories's Cyclically Adjusted PB Ratio falls into.



Ind-Swift Laboratories 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.

Ind-Swift Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=112.90/162.96
=0.69

* 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.

Ind-Swift Laboratories's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Ind-Swift Laboratories's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=115.411/146.8646*146.8646
=115.411

Current CPI (Mar23) = 146.8646.

Ind-Swift Laboratories Annual Data

Book Value per Share CPI Adj_Book
201403 177.045 91.425 284.404
201503 145.140 97.163 219.383
201603 126.315 102.518 180.955
201703 118.759 105.196 165.800
201803 121.255 109.786 162.206
201903 123.570 118.202 153.534
202003 108.423 124.705 127.689
202103 102.139 131.771 113.839
202203 101.710 138.822 107.603
202303 115.411 146.865 115.411

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.


Ind-Swift Laboratories  (NSE:INDSWFTLAB) 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.


Ind-Swift Laboratories Cyclically Adjusted PB Ratio Related Terms

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


Ind-Swift Laboratories (NSE:INDSWFTLAB) Business Description

Traded in Other Exchanges
Address
SCO 850, Shivalik Enclave, NAC, Manimajra, Chandigarh, PB, IND, 160 101
Ind-Swift Laboratories Ltd is engaged in the business of active pharmaceutical ingredients (API). The company caters to diverse therapeutic segments namely Cardiovascular health, Antihistamine, Antidiabetic, Antipsychotic, Parkinson's Disease, Antineoplastic, ADHD Symptoms, Analgesics, Alcohol Abstinence, and Bone Resorption Inhibitor. Geographically, it derives a majority of revenue from Outside India.

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