GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prima Agro Ltd (BOM:519262) » Definitions » Cyclically Adjusted PB Ratio

Prima Agro (BOM:519262) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Prima Agro Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prima Agro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prima Agro'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.

Prima Agro Cyclically Adjusted PB Ratio Chart

Prima Agro 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 - - 2.68 1.90 1.40

Prima Agro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.74 - 1.40 1.36 -

Competitive Comparison of Prima Agro's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Prima Agro'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.


Prima Agro's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Prima Agro 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.

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

For example, Prima Agro'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Prima Agro Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 8.018 91.425 13.412
201406 0.000 94.103 0.000
201409 10.348 96.780 16.351
201412 0.000 96.780 0.000
201503 8.690 97.163 13.677
201506 0.000 99.841 0.000
201509 10.933 101.753 16.431
201512 0.000 102.901 0.000
201603 -1.530 102.518 -2.282
201606 0.000 105.961 0.000
201609 11.289 105.961 16.292
201612 0.000 105.196 0.000
201703 13.029 105.196 18.940
201706 0.000 107.109 0.000
201709 5.207 109.021 7.304
201712 0.000 109.404 0.000
201803 7.703 109.786 10.730
201806 0.000 111.317 0.000
201809 10.595 115.142 14.072
201812 0.000 115.142 0.000
201903 12.552 118.202 16.239
201906 0.000 120.880 0.000
201909 13.013 123.175 16.156
201912 0.000 126.235 0.000
202003 13.886 124.705 17.028
202006 0.000 127.000 0.000
202009 16.996 130.118 19.975
202012 0.000 130.889 0.000
202103 21.305 131.771 24.725
202106 0.000 134.084 0.000
202109 24.817 135.847 27.937
202112 0.000 138.161 0.000
202203 26.212 138.822 28.875
202206 0.000 142.347 0.000
202209 27.302 144.661 28.862
202212 0.000 145.763 0.000
202303 29.829 146.865 31.060
202309 31.502 151.492 31.800
202312 0.000 152.924 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.


Prima Agro  (BOM:519262) 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.


Prima Agro Cyclically Adjusted PB Ratio Related Terms

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


Prima Agro (BOM:519262) Business Description

Traded in Other Exchanges
N/A
Address
Door No. V/679-C, Industrial Development Area, Muppathadam P.O., Edayar, Cochin, KL, IND, 683110
Prima Agro Ltd is engaged in manufacturing cattle feeds. The company has its manufacturing divisions in the Industrial Areas at Edayar, Kochi, and at Trivandrum. It manufactures cattle feed pellets in 70kg and 50kg packing. The company is also engaged in the trading of commodities and downstream products.

Prima Agro (BOM:519262) Headlines

No Headlines