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The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Cyclically Adjusted PB Ratio : 1.11 (As of Jun. 13, 2024)


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What is The United Nilgiri Tea Estates Co Cyclically Adjusted PB Ratio?

As of today (2024-06-13), The United Nilgiri Tea Estates Co's current share price is ₹346.65. The United Nilgiri Tea Estates Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹312.58. The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio for today is 1.11.

The historical rank and industry rank for The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:UNITEDTEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.08   Max: 1.17
Current: 1.11

During the past years, The United Nilgiri Tea Estates Co's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.95. And the median was 1.08.

NSE:UNITEDTEA's Cyclically Adjusted PB Ratio is ranked better than
58.57% of 1371 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs NSE:UNITEDTEA: 1.11

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.

The United Nilgiri Tea Estates Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₹409.112. 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 ₹312.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The United Nilgiri Tea Estates Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The United Nilgiri Tea Estates Co'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.

The United Nilgiri Tea Estates Co Cyclically Adjusted PB Ratio Chart

The United Nilgiri Tea Estates Co 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 - - - 0.97 1.01

The United Nilgiri Tea Estates Co 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 0.97 - 1.06 - 1.01

Competitive Comparison of The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, The United Nilgiri Tea Estates Co'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.


The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio falls into.



The United Nilgiri Tea Estates Co 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.

The United Nilgiri Tea Estates Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=346.65/312.58
=1.11

* 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.

The United Nilgiri Tea Estates Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The United Nilgiri Tea Estates Co'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)
=409.112/153.0345*153.0345
=409.112

Current CPI (Mar. 2024) = 153.0345.

The United Nilgiri Tea Estates Co Quarterly Data

Book Value per Share CPI Adj_Book
201309 99.632 91.042 167.473
201312 0.000 91.425 0.000
201403 104.614 91.425 175.111
201409 113.877 96.780 180.069
201412 0.000 96.780 0.000
201503 118.203 97.163 186.173
201506 0.000 99.841 0.000
201509 129.744 101.753 195.132
201512 0.000 102.901 0.000
201603 184.802 102.518 275.864
201606 0.000 105.961 0.000
201609 144.546 105.961 208.761
201612 0.000 105.196 0.000
201703 203.163 105.196 295.553
201706 0.000 107.109 0.000
201803 233.247 109.786 325.130
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 278.924 118.202 361.119
201906 0.000 120.880 0.000
201909 302.497 123.175 375.827
201912 0.000 126.235 0.000
202003 309.204 124.705 379.446
202006 0.000 127.000 0.000
202009 321.928 130.118 378.627
202012 0.000 130.889 0.000
202103 331.322 131.771 384.788
202106 0.000 134.084 0.000
202109 348.507 135.847 392.600
202112 0.000 138.161 0.000
202203 350.771 138.822 386.683
202206 0.000 142.347 0.000
202209 362.649 144.661 383.640
202212 0.000 145.763 0.000
202303 374.479 146.865 390.211
202306 0.000 150.280 0.000
202309 396.238 151.492 400.273
202312 0.000 152.924 0.000
202403 409.112 153.035 409.112

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.


The United Nilgiri Tea Estates Co  (NSE:UNITEDTEA) 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.


The United Nilgiri Tea Estates Co Cyclically Adjusted PB Ratio Related Terms

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The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Savithri Shanmugam Road, Race Course, Coimbatore, TN, IND, 641 018
The United Nilgiri Tea Estates Co Ltd is engaged in the growing, manufacturing and sale of tea. The company's operating segments includes Plantation and Commercial Property. It generates maximum revenue from the Plantation segment. Geographically, it operates in India and Outside India of which it derives a majority of revenue from Outside India. Its Bulk packet tea includes Special, Black, Green, Herbal and Gift tea. The company is also engaged in Letting-out of property.

The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Headlines

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