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Rashtriya Chemicals & Fertilizers (NSE:RCF) Cyclically Adjusted PB Ratio : 1.98 (As of May. 15, 2024)


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What is Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Rashtriya Chemicals & Fertilizers's current share price is ₹143.80. Rashtriya Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹72.80. Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is 1.98.

The historical rank and industry rank for Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:RCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.21   Max: 1.93
Current: 1.93

During the past 13 years, Rashtriya Chemicals & Fertilizers's highest Cyclically Adjusted PB Ratio was 1.93. The lowest was 0.45. And the median was 1.21.

NSE:RCF's Cyclically Adjusted PB Ratio is ranked worse than
59.88% of 167 companies
in the Agriculture industry
Industry Median: 1.45 vs NSE:RCF: 1.93

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.

Rashtriya Chemicals & Fertilizers's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹83.201. 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 ₹72.80 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rashtriya Chemicals & Fertilizers'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.

Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio Chart

Rashtriya Chemicals & Fertilizers 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 0.99 0.46 1.20 1.32 1.31

Rashtriya Chemicals & Fertilizers 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 - 1.31 - - -

Competitive Comparison of Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Rashtriya Chemicals & Fertilizers'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.


Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio falls into.



Rashtriya Chemicals & Fertilizers 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.

Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=143.80/72.8
=1.98

* 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.

Rashtriya Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Rashtriya Chemicals & Fertilizers'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)
=83.201/146.8646*146.8646
=83.201

Current CPI (Mar23) = 146.8646.

Rashtriya Chemicals & Fertilizers Annual Data

Book Value per Share CPI Adj_Book
201403 45.135 91.425 72.505
201503 50.102 97.163 75.731
201603 51.059 102.518 73.146
201703 53.020 105.196 74.021
201803 53.105 109.786 71.040
201903 54.895 118.202 68.206
202003 57.789 124.705 68.058
202103 60.746 131.771 67.704
202203 70.364 138.822 74.441
202303 83.201 146.865 83.201

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.


Rashtriya Chemicals & Fertilizers  (NSE:RCF) 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.


Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio Related Terms

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


Rashtriya Chemicals & Fertilizers (NSE:RCF) Business Description

Traded in Other Exchanges
Address
Mahul Road, Administrative Building, Chembur, Mumbai, MH, IND, 400074
Rashtriya Chemicals & Fertilizers Ltd is engaged in the manufacturing and marketing of fertilizers and industrial chemicals. It produces urea, complex fertilizers, bio-fertilizers, micro-nutrients, water-soluble fertilizers, soil conditioners, and a wide range of industrial chemicals and also manufactures basic chemicals. It is also engaged in the production of SSP and sale of imported fertilizer inputs such as DAP, MOP, and NPK fertilizers. the company products also include methanol, Gypsum, Chalk etc. The companies operate into two segments; Fertilizers and Industrial Products. It generates a majority of its revenue from Fertilizers. Geographically, it operates within India and outside India and generates a majority of its revenue from India.

Rashtriya Chemicals & Fertilizers (NSE:RCF) Headlines

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