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Mangalam Organics (BOM:514418) Cyclically Adjusted PB Ratio : 1.88 (As of Jun. 02, 2024)


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What is Mangalam Organics Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Mangalam Organics's current share price is ₹349.00. Mangalam Organics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₹185.54. Mangalam Organics's Cyclically Adjusted PB Ratio for today is 1.88.

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

BOM:514418' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 3.48   Max: 8.84
Current: 1.88

During the past years, Mangalam Organics's highest Cyclically Adjusted PB Ratio was 8.84. The lowest was 1.47. And the median was 3.48.

BOM:514418's Cyclically Adjusted PB Ratio is ranked worse than
54.62% of 1170 companies
in the Chemicals industry
Industry Median: 1.72 vs BOM:514418: 1.88

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.

Mangalam Organics's adjusted book value per share data for the three months ended in Sep. 2023 was ₹323.157. 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 ₹185.54 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mangalam Organics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mangalam Organics'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.

Mangalam Organics Cyclically Adjusted PB Ratio Chart

Mangalam Organics 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 - - 4.81 6.37 1.97

Mangalam Organics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.69 - 1.97 - 2.01

Competitive Comparison of Mangalam Organics's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Mangalam Organics'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.


Mangalam Organics's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Mangalam Organics 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.

Mangalam Organics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=349.00/185.54
=1.88

* 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.

Mangalam Organics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Mangalam Organics's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=323.157/151.4920*151.4920
=323.157

Current CPI (Sep. 2023) = 151.4920.

Mangalam Organics Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 56.334 91.425 93.346
201406 0.000 94.103 0.000
201409 59.486 96.780 93.114
201412 0.000 96.780 0.000
201503 57.947 97.163 90.348
201506 0.000 99.841 0.000
201509 21.301 101.753 31.713
201512 0.000 102.901 0.000
201603 46.523 102.518 68.747
201606 0.000 105.961 0.000
201609 49.036 105.961 70.106
201612 0.000 105.196 0.000
201703 51.795 105.196 74.590
201706 0.000 107.109 0.000
201709 59.406 109.021 82.548
201712 64.490 109.404 89.300
201803 67.617 109.786 93.303
201806 0.000 111.317 0.000
201809 91.601 115.142 120.519
201812 0.000 115.142 0.000
201903 141.685 118.202 181.589
201906 0.000 120.880 0.000
201909 177.066 123.175 217.772
201912 0.000 126.235 0.000
202003 196.042 124.705 238.152
202006 0.000 127.000 0.000
202009 220.913 130.118 257.202
202012 0.000 130.889 0.000
202103 293.860 131.771 337.841
202106 0.000 134.084 0.000
202109 337.416 135.847 376.275
202112 0.000 138.161 0.000
202203 355.039 138.822 387.443
202206 0.000 142.347 0.000
202209 322.006 144.661 337.211
202212 0.000 145.763 0.000
202303 321.974 146.865 332.119
202306 0.000 150.280 0.000
202309 323.157 151.492 323.157

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.


Mangalam Organics  (BOM:514418) 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.


Mangalam Organics Cyclically Adjusted PB Ratio Related Terms

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


Mangalam Organics (BOM:514418) Business Description

Traded in Other Exchanges
Address
Free Press Journal Marg, 812/813, Tulsiani Chamber, 212, Nariman Point, Mumbai, MH, IND, 400 021
Mangalam Organics Ltd is an India-based company involved in manufacturing chemicals. It is engaged in manufacturing Camphor, Resin, and Sodium Acetate. Its primary segments are Synthetic Resin operations, Terpene operations, and Retail operations. Its production unit is located at Kumbhivali, Maharashtra state, India. The terpene products segment, which generates a vast majority of the revenue, includes Camphor technical, Camphene, Isobornyl acetate, Isoborneol, Dipentene, Camphor oil, Pine tar, Pine oil among others. Its resin products include Penta ester gum, Glycerol ester gum, and Gum rosin among others.

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