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Vinayak Polycon International (BOM:534639) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Vinayak Polycon International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vinayak Polycon International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vinayak Polycon International'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.

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Vinayak Polycon International Cyclically Adjusted PB Ratio Chart

Vinayak Polycon International 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 - - - 0.95 1.06

Vinayak Polycon International 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 - 1.06 - 1.32 -

Competitive Comparison of Vinayak Polycon International's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Vinayak Polycon International'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.


Vinayak Polycon International's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vinayak Polycon International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vinayak Polycon International's Cyclically Adjusted PB Ratio falls into.



Vinayak Polycon International 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.

Vinayak Polycon International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Vinayak Polycon International's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

Vinayak Polycon International Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.828 91.425 19.827
201406 0.000 94.103 0.000
201409 12.168 96.780 19.268
201412 0.000 96.780 0.000
201503 12.168 97.163 19.193
201506 0.000 99.841 0.000
201509 12.466 101.753 18.776
201512 0.000 102.901 0.000
201603 12.582 102.518 18.809
201606 0.000 105.961 0.000
201609 12.792 105.961 18.501
201612 0.000 105.196 0.000
201703 12.914 105.196 18.814
201706 0.000 107.109 0.000
201709 13.086 109.021 18.395
201712 0.000 109.404 0.000
201803 13.279 109.786 18.537
201806 0.000 111.317 0.000
201809 13.453 115.142 17.906
201812 0.000 115.142 0.000
201903 14.613 118.202 18.946
201906 0.000 120.880 0.000
201909 14.715 123.175 18.308
201912 0.000 126.235 0.000
202003 14.682 124.705 18.043
202006 0.000 127.000 0.000
202009 14.082 130.118 16.586
202012 0.000 130.889 0.000
202103 14.056 131.771 16.348
202106 0.000 134.084 0.000
202109 13.652 135.847 15.401
202112 0.000 138.161 0.000
202203 14.193 138.822 15.669
202206 0.000 142.347 0.000
202209 14.345 144.661 15.197
202212 0.000 145.763 0.000
202303 14.573 146.865 15.207
202306 0.000 150.280 0.000
202309 14.868 151.492 15.041
202312 0.000 153.255 0.000

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.


Vinayak Polycon International  (BOM:534639) 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.


Vinayak Polycon International Cyclically Adjusted PB Ratio Related Terms

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Vinayak Polycon International (BOM:534639) Business Description

Traded in Other Exchanges
N/A
Address
29, Station Road, 312, Navjeevan Complex, Jaipur, RJ, IND, 302006
Vinayak Polycon International Ltd is engaged in the business of plastic bottles, jars and containers in India. Principally, it provides packaging solutions in the field of Polyethylene terephthalate (PET). Its primary activity involves the production of plastic containers and closures. The company manufactures and trades PET items, such as PET bottles, PET jars, PET preforms, caps, and lids.

Vinayak Polycon International (BOM:534639) Headlines

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