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Umang Dairies (NSE:UMANGDAIRY) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Umang Dairies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Umang Dairies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Umang Dairies'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.

Umang Dairies Cyclically Adjusted PB Ratio Chart

Umang Dairies 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 - 1.64 2.71 2.52 2.30

Umang Dairies 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 - 2.30 - 2.58 -

Competitive Comparison of Umang Dairies's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Umang Dairies'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.


Umang Dairies's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Umang Dairies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Umang Dairies 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.

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

For example, Umang Dairies'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.

Umang Dairies Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.324 91.425 18.982
201406 0.000 94.103 0.000
201409 12.312 96.780 19.496
201412 0.000 96.780 0.000
201503 13.919 97.163 21.954
201506 0.000 99.841 0.000
201509 14.698 101.753 22.137
201512 0.000 102.901 0.000
201603 22.116 102.518 33.061
201606 0.000 105.961 0.000
201609 16.818 105.961 24.324
201612 0.000 105.196 0.000
201703 21.621 105.196 31.499
201706 0.000 107.109 0.000
201709 13.418 109.021 18.862
201712 0.000 109.404 0.000
201803 24.055 109.786 33.579
201806 0.000 111.317 0.000
201809 23.983 115.142 31.922
201812 0.000 115.142 0.000
201903 26.057 118.202 33.784
201906 0.000 120.880 0.000
201909 25.875 123.175 32.194
201912 0.000 126.235 0.000
202003 26.816 124.705 32.955
202006 0.000 127.000 0.000
202009 27.816 130.118 32.762
202012 0.000 130.889 0.000
202103 28.123 131.771 32.708
202106 0.000 134.084 0.000
202109 23.673 135.847 26.707
202112 0.000 138.161 0.000
202203 21.232 138.822 23.439
202206 0.000 142.347 0.000
202209 20.137 144.661 21.333
202212 0.000 145.763 0.000
202303 19.965 146.865 20.834
202306 0.000 150.280 0.000
202309 17.346 151.492 17.548
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.


Umang Dairies  (NSE:UMANGDAIRY) 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.


Umang Dairies Cyclically Adjusted PB Ratio Related Terms

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


Umang Dairies (NSE:UMANGDAIRY) Business Description

Traded in Other Exchanges
Address
6A, Bahadur Shah Zafar Marg, Gulab Bhawan Rear Block, 3rd Floor, New Delhi, IND, 110 002
Umang Dairies Ltd is an Indian company engaged in the business of dairy products. The company's product includes ghee and milk powder. It manufactures multiple products under consumer packs and bulk packs for institutional use. Its product portfolio includes skimmed milk powder, whole milk powder, dairy creamer, dairy whitener, fresh cream, butter, ghee, flavored milk and others. The company's manufacturing plant is located in Gajraula, Uttar Pradesh.

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