GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » India Glycols Ltd (BOM:500201) » Definitions » Cyclically Adjusted PB Ratio

India Glycols (BOM:500201) Cyclically Adjusted PB Ratio : 2.08 (As of Apr. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is India Glycols Cyclically Adjusted PB Ratio?

As of today (2024-04-27), India Glycols's current share price is ₹840.45. India Glycols's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹403.50. India Glycols's Cyclically Adjusted PB Ratio for today is 2.08.

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

BOM:500201' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.44   Max: 3.1
Current: 2.06

During the past 13 years, India Glycols's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 0.83. And the median was 1.44.

BOM:500201's Cyclically Adjusted PB Ratio is ranked worse than
59.16% of 1048 companies
in the Chemicals industry
Industry Median: 1.57 vs BOM:500201: 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.

India Glycols's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹614.124. 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 ₹403.50 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Glycols Cyclically Adjusted PB Ratio Historical Data

The historical data trend for India Glycols'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.

India Glycols Cyclically Adjusted PB Ratio Chart

India Glycols Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 0.77 1.37 2.88 1.52

India Glycols Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.52 - - -

Competitive Comparison of India Glycols's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, India Glycols'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.


India Glycols's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



India Glycols 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.

India Glycols's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=840.45/403.5
=2.08

* 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.

India Glycols's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, India Glycols's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=614.124/146.8646*146.8646
=614.124

Current CPI (Mar23) = 146.8646.

India Glycols Annual Data

Book Value per Share CPI Adj_Book
201403 120.296 91.425 193.243
201503 250.416 97.163 378.511
201603 231.956 102.518 332.293
201703 242.989 105.196 339.238
201803 272.966 109.786 365.155
201903 310.911 118.202 386.303
202003 333.920 124.705 393.256
202103 377.412 131.771 420.644
202203 578.751 138.822 612.282
202303 614.124 146.865 614.124

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.


India Glycols  (BOM:500201) 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.


India Glycols Cyclically Adjusted PB Ratio Related Terms

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


India Glycols (BOM:500201) Business Description

Traded in Other Exchanges
Address
Plot No. 2B, Sector-126, District Gautam Budh Nagar, Noida, UP, IND, 201304
India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through agricultural route and manufactures ethoxylates and glycol ethers through molasses route. The demand for their products comes from the Pharmaceutical and Nutraceutical industries, Food industries, Textile industry, Automobile industry and Potable segment. The operating segments of the group are Industrial chemical; Ethyl Alcohol (Potable); and Nutraceutical, of which it derives key revenue from the Ethyl Alcohol (Potable) segment.

India Glycols (BOM:500201) Headlines

No Headlines