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Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Cyclically Adjusted PB Ratio : 2.03 (As of Sep. 25, 2024)


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What is Mangalore Chemicals & Fertilizers Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Mangalore Chemicals & Fertilizers's current share price is ₹125.53. Mangalore Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹61.93. Mangalore Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is 2.03.

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

NSE:MANGCHEFER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 1.8   Max: 2.23
Current: 2.06

During the past years, Mangalore Chemicals & Fertilizers's highest Cyclically Adjusted PB Ratio was 2.23. The lowest was 1.30. And the median was 1.80.

NSE:MANGCHEFER's Cyclically Adjusted PB Ratio is ranked worse than
66.27% of 166 companies
in the Agriculture industry
Industry Median: 1.33 vs NSE:MANGCHEFER: 2.06

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.

Mangalore Chemicals & Fertilizers's adjusted book value per share data for the three months ended in Mar. 2024 was ₹79.288. 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 ₹61.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mangalore Chemicals & Fertilizers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mangalore Chemicals & Fertilizers'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.

Mangalore Chemicals & Fertilizers Cyclically Adjusted PB Ratio Chart

Mangalore Chemicals & Fertilizers 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 - - 1.36 1.63 1.64

Mangalore Chemicals & Fertilizers 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 1.63 - 1.73 - 1.64

Competitive Comparison of Mangalore Chemicals & Fertilizers's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Mangalore Chemicals & Fertilizers'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.


Mangalore Chemicals & Fertilizers's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mangalore Chemicals & Fertilizers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mangalore Chemicals & Fertilizers's Cyclically Adjusted PB Ratio falls into.



Mangalore Chemicals & Fertilizers 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.

Mangalore Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.53/61.93
=2.03

* 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.

Mangalore Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mangalore Chemicals & Fertilizers'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)
=79.288/153.0345*153.0345
=79.288

Current CPI (Mar. 2024) = 153.0345.

Mangalore Chemicals & Fertilizers Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 56.183 96.780 88.840
201412 0.000 96.780 0.000
201503 55.249 97.163 87.019
201506 0.000 99.841 0.000
201509 36.194 101.753 54.435
201512 0.000 102.901 0.000
201603 34.132 102.518 50.951
201606 0.000 105.961 0.000
201609 34.659 105.961 50.056
201612 0.000 105.196 0.000
201703 35.779 105.196 52.050
201706 0.000 107.109 0.000
201709 36.607 109.021 51.386
201712 0.000 109.404 0.000
201803 40.276 109.786 56.142
201806 0.000 111.317 0.000
201809 41.207 115.142 54.768
201812 0.000 115.142 0.000
201903 41.781 118.202 54.093
201906 0.000 120.880 0.000
201909 42.460 123.175 52.753
201912 0.000 126.235 0.000
202003 46.035 124.705 56.493
202006 0.000 127.000 0.000
202009 50.391 130.118 59.266
202012 0.000 130.889 0.000
202103 51.239 131.771 59.508
202106 0.000 134.084 0.000
202109 55.702 135.847 62.749
202112 0.000 138.161 0.000
202203 57.636 138.822 63.537
202206 0.000 142.347 0.000
202209 55.647 144.661 58.868
202212 0.000 145.763 0.000
202303 67.771 146.865 70.618
202306 0.000 150.280 0.000
202309 76.124 151.492 76.899
202312 0.000 152.924 0.000
202403 79.288 153.035 79.288

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.


Mangalore Chemicals & Fertilizers  (NSE:MANGCHEFER) 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.


Mangalore Chemicals & Fertilizers Cyclically Adjusted PB Ratio Related Terms

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


Mangalore Chemicals & Fertilizers Business Description

Traded in Other Exchanges
Address
Vittal Mallya Road, Level-11, UB Towers, UB City Number 24, Bengaluru, KA, IND, 560001
Mangalore Chemicals & Fertilizers Ltd manufactures and markets chemical fertilizers in the state of Karnataka. It manufactures both Nitrogenous and Phosphatic fertilizers and is the only manufacturer of fertilizers in the state of Karnataka. About 77% of the company's products are sold in the state of Karnataka, which meets about 10% of the needs of the farmers in the State.

Mangalore Chemicals & Fertilizers Headlines

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