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Poddar Pigments (BOM:524570) Cyclically Adjusted PB Ratio : 1.63 (As of Jun. 06, 2024)


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What is Poddar Pigments Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Poddar Pigments's current share price is ₹375.30. Poddar Pigments's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₹230.45. Poddar Pigments's Cyclically Adjusted PB Ratio for today is 1.63.

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

BOM:524570' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.51   Max: 2.16
Current: 1.71

During the past years, Poddar Pigments's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 1.17. And the median was 1.51.

BOM:524570's Cyclically Adjusted PB Ratio is ranked worse than
50.38% of 1189 companies
in the Chemicals industry
Industry Median: 1.69 vs BOM:524570: 1.71

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.

Poddar Pigments's adjusted book value per share data for the three months ended in Sep. 2023 was ₹311.310. 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 ₹230.45 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Poddar Pigments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Poddar Pigments'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.

Poddar Pigments Cyclically Adjusted PB Ratio Chart

Poddar Pigments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.25 1.55 1.17 -

Poddar Pigments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - 1.17 - 1.50 -

Competitive Comparison of Poddar Pigments's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Poddar Pigments'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.


Poddar Pigments's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Poddar Pigments 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.

Poddar Pigments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=375.30/230.45
=1.63

* 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.

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

For example, Poddar Pigments'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)
=311.31/151.4920*151.4920
=311.310

Current CPI (Sep. 2023) = 151.4920.

Poddar Pigments Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 77.133 91.425 127.810
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 89.197 97.163 139.072
201506 0.000 99.841 0.000
201509 96.631 101.753 143.866
201512 0.000 102.901 0.000
201603 103.517 102.518 152.968
201606 0.000 105.961 0.000
201609 113.124 105.961 161.733
201612 0.000 105.196 0.000
201703 119.688 105.196 172.362
201706 0.000 107.109 0.000
201709 160.549 109.021 223.093
201712 0.000 109.404 0.000
201803 185.834 109.786 256.429
201806 0.000 111.317 0.000
201809 195.238 115.142 256.874
201812 0.000 115.142 0.000
201903 206.070 118.202 264.107
201906 0.000 120.880 0.000
201909 197.145 123.175 242.467
201912 0.000 126.235 0.000
202003 177.356 124.705 215.452
202006 0.000 127.000 0.000
202009 200.325 130.118 233.232
202012 0.000 130.889 0.000
202103 228.989 131.771 263.261
202106 0.000 134.084 0.000
202109 284.318 135.847 317.062
202112 0.000 138.161 0.000
202203 299.235 138.822 326.546
202206 0.000 142.347 0.000
202209 272.548 144.661 285.418
202212 0.000 145.763 0.000
202303 276.820 146.865 285.542
202306 0.000 150.280 0.000
202309 311.310 151.492 311.310

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.


Poddar Pigments  (BOM:524570) 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.


Poddar Pigments Cyclically Adjusted PB Ratio Related Terms

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


Poddar Pigments (BOM:524570) Business Description

Traded in Other Exchanges
Address
M.G. Road, Rosy Tower, 3 Floor, Nungambakkam, Chennai, TN, IND, 600 034
Poddar Pigments Ltd is an India-based company which manufactures color and additive masterbatches for dope dyeing of polypropylene, nylon and polyester multifilament yarn, fibers. Their product line consists of manmade fiber; plastic and packaging; and engineering components. Geographically, it derives a majority of revenue from India.

Poddar Pigments (BOM:524570) Headlines

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