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Manali Petrochemicals (NSE:MANALIPETC) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


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What is Manali Petrochemicals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manali Petrochemicals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Manali Petrochemicals'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.

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Manali Petrochemicals Cyclically Adjusted PB Ratio Chart

Manali Petrochemicals 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 - - - 1.77 1.46

Manali Petrochemicals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 1.77 - 1.46 -

Competitive Comparison of Manali Petrochemicals's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Manali Petrochemicals'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.


Manali Petrochemicals's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Manali Petrochemicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Manali Petrochemicals 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.

Manali Petrochemicals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

Manali Petrochemicals Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201309 11.936 91.042 20.425
201312 0.000 91.425 0.000
201403 12.294 91.425 20.949
201406 0.000 94.103 0.000
201409 13.437 96.780 21.630
201412 0.000 96.780 0.000
201503 14.235 97.163 22.824
201506 0.000 99.841 0.000
201509 16.054 101.753 24.579
201512 0.000 102.901 0.000
201603 18.003 102.518 27.358
201606 0.000 105.961 0.000
201703 19.204 105.196 28.440
201803 22.774 109.786 32.317
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 26.452 118.202 34.863
201906 0.000 120.880 0.000
201909 26.310 123.175 33.276
201912 0.000 126.235 0.000
202003 27.979 124.705 34.953
202006 0.000 127.000 0.000
202009 28.631 130.118 34.280
202012 0.000 130.889 0.000
202103 39.533 131.771 46.739
202106 0.000 134.084 0.000
202109 50.896 135.847 58.367
202112 0.000 138.161 0.000
202203 59.910 138.822 67.232
202206 0.000 142.347 0.000
202209 59.538 144.661 64.118
202212 0.000 145.763 0.000
202303 60.719 146.865 64.409
202306 0.000 150.280 0.000
202309 60.993 151.492 62.723
202312 0.000 152.924 0.000
202403 61.727 153.035 62.838
202406 0.000 155.789 0.000

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.


Manali Petrochemicals  (NSE:MANALIPETC) 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.


Manali Petrochemicals Cyclically Adjusted PB Ratio Related Terms

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Manali Petrochemicals Business Description

Traded in Other Exchanges
Address
88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600032
Manali Petrochemicals Ltd operates in the chemical industry. The company is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG), and Polyols (PY). It serves various industries such as appliances, automotive, bedding, food and fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The company's only operating segment includes the manufacture and sale of petrochemical products. Geographically, it operates only in India.

Manali Petrochemicals Headlines

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