GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Rainbow Papers Ltd (NSE:RAINBOWPAP) » Definitions » Cyclically Adjusted PB Ratio

Rainbow Papers (NSE:RAINBOWPAP) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Rainbow Papers Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rainbow Papers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rainbow Papers'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.

Rainbow Papers Cyclically Adjusted PB Ratio Chart

Rainbow Papers Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Rainbow Papers Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Sep16 Mar17 Sep17 Dec17 Mar18 Sep18 Dec18
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 - - - - -

Competitive Comparison of Rainbow Papers's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Rainbow Papers'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.


Rainbow Papers's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Rainbow Papers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rainbow Papers 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.

Rainbow Papers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar18 is calculated as:

For example, Rainbow Papers's adjusted Book Value per Share data for the fiscal year that ended in Mar18 was:

Adj_Book=Book Value per Share/CPI of Mar18 (Change)*Current CPI (Mar18)
=-17.585/109.7864*109.7864
=-17.585

Current CPI (Mar18) = 109.7864.

Rainbow Papers Annual Data

Book Value per Share CPI Adj_Book
200903 23.025 56.615 44.650
201003 25.432 65.030 42.935
201103 29.221 70.768 45.332
201203 36.187 76.889 51.670
201303 44.741 85.687 57.324
201403 72.147 91.425 86.637
201503 76.396 97.163 86.321
201603 16.500 102.518 17.670
201703 1.124 105.196 1.173
201803 -17.585 109.786 -17.585

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.


Rainbow Papers  (NSE:RAINBOWPAP) 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.


Rainbow Papers Cyclically Adjusted PB Ratio Related Terms

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


Rainbow Papers Business Description

Traded in Other Exchanges
N/A
Address
801, Avdhesh House, Opposite Shri Govind Gurudwara, Sarkhej-Gandhinagar Highway, Thaltej, Ahmedabad, GJ, IND, 380054
Rainbow Papers Ltd engaged in manufacturing, trading, and sale of paper and paper products. The company offers a range of paper including writing and printing paper, newsprint paper, duplex board, coated paper, color paper and board, crepe paper, poster paper, cast coated paper, fluorescent paper. The company supplies its products for industrial, packaging, stationery and textbook purpose. Rainbow Papers earns the majority of its revenue from India.

Rainbow Papers Headlines

No Headlines