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Himadri Speciality Chemical (BOM:500184) Cyclically Adjusted PB Ratio : 7.54 (As of May. 15, 2024)


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What is Himadri Speciality Chemical Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Himadri Speciality Chemical's current share price is ₹350.75. Himadri Speciality Chemical's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was ₹46.52. Himadri Speciality Chemical's Cyclically Adjusted PB Ratio for today is 7.54.

The historical rank and industry rank for Himadri Speciality Chemical's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:500184' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.98   Max: 8.07
Current: 7.45

During the past 13 years, Himadri Speciality Chemical's highest Cyclically Adjusted PB Ratio was 8.07. The lowest was 1.19. And the median was 1.98.

BOM:500184's Cyclically Adjusted PB Ratio is ranked worse than
92.52% of 1070 companies
in the Chemicals industry
Industry Median: 1.63 vs BOM:500184: 7.45

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.

Himadri Speciality Chemical's adjusted book value per share data of for the fiscal year that ended in Mar24 was ₹61.827. 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 ₹46.52 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Himadri Speciality Chemical Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Himadri Speciality Chemical'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.

Himadri Speciality Chemical Cyclically Adjusted PB Ratio Chart

Himadri Speciality Chemical 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 0.88 1.15 1.94 2.08 6.48

Himadri Speciality Chemical 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 2.08 - - - 6.48

Competitive Comparison of Himadri Speciality Chemical's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Himadri Speciality Chemical'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.


Himadri Speciality Chemical's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Himadri Speciality Chemical's Cyclically Adjusted PB Ratio falls into.



Himadri Speciality Chemical 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.

Himadri Speciality Chemical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=350.75/46.52
=7.54

* 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.

Himadri Speciality Chemical's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Himadri Speciality Chemical's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=61.827/153.2548*153.2548
=61.827

Current CPI (Mar24) = 153.2548.

Himadri Speciality Chemical Annual Data

Book Value per Share CPI Adj_Book
201503 21.250 97.163 33.518
201603 21.001 102.518 31.394
201703 24.620 105.196 35.868
201803 33.811 109.786 47.198
201903 38.981 118.202 50.541
202003 41.407 124.705 50.887
202103 42.794 131.771 49.771
202203 44.538 138.822 49.169
202303 52.703 146.865 54.996
202403 61.827 153.255 61.827

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.


Himadri Speciality Chemical  (BOM:500184) 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.


Himadri Speciality Chemical Cyclically Adjusted PB Ratio Related Terms

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


Himadri Speciality Chemical (BOM:500184) Business Description

Traded in Other Exchanges
Address
India Exchange Place, 2nd Floor, Ruby House 8, Kolkata, WB, IND, 700 001
Himadri Speciality Chemical Ltd is an Indian Coal Tar Pitch manufacturer with supplies to aluminium and graphite manufacturers. The company operates its business through two segments, which include Carbon Materials and chemicals; and Power. Through its operating segments, the company serves coal tar pitch to various industries to help manufacture aluminum, graphite electrodes, warhead missiles, lithium-ion batteries, and sulphonated naphthalene formaldehyde. Himadri also generates power through the windmills, which is marketed to the state electricity grid. Most of its revenue gets derived from the Carbon materials and chemicals segment. The group has a business presence in India and Outside India.

Himadri Speciality Chemical (BOM:500184) Headlines

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