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E I D Parry India (BOM:500125) Cyclically Adjusted PB Ratio : 2.61 (As of Jun. 06, 2024)


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What is E I D Parry India Cyclically Adjusted PB Ratio?

As of today (2024-06-06), E I D Parry India's current share price is ₹694.65. E I D Parry India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹266.07. E I D Parry India's Cyclically Adjusted PB Ratio for today is 2.61.

The historical rank and industry rank for E I D Parry India's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:500125' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.09   Max: 2.78
Current: 2.51

During the past years, E I D Parry India's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.74. And the median was 2.09.

BOM:500125's Cyclically Adjusted PB Ratio is ranked worse than
70.16% of 191 companies
in the Agriculture industry
Industry Median: 1.68 vs BOM:500125: 2.51

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.

E I D Parry India's adjusted book value per share data for the three months ended in Mar. 2024 was ₹397.608. 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 ₹266.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E I D Parry India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E I D Parry India'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.

E I D Parry India Cyclically Adjusted PB Ratio Chart

E I D Parry India 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 0.78 1.57 2.08 1.95 2.05

E I D Parry India 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 1.95 - 2.05 - 2.05

Competitive Comparison of E I D Parry India's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, E I D Parry India'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.


E I D Parry India's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E I D Parry India's Cyclically Adjusted PB Ratio falls into.



E I D Parry India 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.

E I D Parry India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=694.65/266.07
=2.61

* 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.

E I D Parry India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, E I D Parry India'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)
=397.608/153.0345*153.0345
=397.608

Current CPI (Mar. 2024) = 153.0345.

E I D Parry India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 136.050 96.780 215.130
201412 0.000 96.780 0.000
201503 134.729 97.163 212.202
201506 0.000 99.841 0.000
201509 114.377 101.753 172.020
201512 0.000 102.901 0.000
201603 135.786 102.518 202.695
201606 0.000 105.961 0.000
201609 141.500 105.961 204.362
201612 0.000 105.196 0.000
201703 156.382 105.196 227.498
201706 0.000 107.109 0.000
201709 166.067 109.021 233.110
201712 0.000 109.404 0.000
201803 167.798 109.786 233.899
201806 0.000 111.317 0.000
201809 166.588 115.142 221.411
201812 0.000 115.142 0.000
201903 176.723 118.202 228.801
201906 0.000 120.880 0.000
201909 185.522 123.175 230.495
201912 0.000 126.235 0.000
202003 198.846 124.705 244.018
202006 0.000 127.000 0.000
202009 234.296 130.118 275.561
202012 0.000 130.889 0.000
202103 258.779 131.771 300.539
202106 0.000 134.084 0.000
202109 278.013 135.847 313.187
202112 0.000 138.161 0.000
202203 300.233 138.822 330.971
202206 0.000 142.347 0.000
202209 323.489 144.661 342.213
202212 0.000 145.763 0.000
202303 342.773 146.865 357.173
202306 0.000 150.280 0.000
202309 374.782 151.492 378.598
202312 0.000 152.924 0.000
202403 397.608 153.035 397.608

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.


E I D Parry India  (BOM:500125) 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.


E I D Parry India Cyclically Adjusted PB Ratio Related Terms

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


E I D Parry India (BOM:500125) Business Description

Traded in Other Exchanges
Address
NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001
E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

E I D Parry India (BOM:500125) Headlines

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