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Alchemist (BOM:526707) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Alchemist Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alchemist Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alchemist'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.

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Alchemist Cyclically Adjusted PB Ratio Chart

Alchemist Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted PB Ratio
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Alchemist Quarterly Data
Dec11 Mar12 Jun12 Dec12 Mar13 Jun13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Alchemist's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Alchemist'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.


Alchemist's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alchemist's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alchemist 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.

Alchemist's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar20 is calculated as:

For example, Alchemist's adjusted Book Value per Share data for the fiscal year that ended in Mar20 was:

Adj_Book=Book Value per Share/CPI of Mar20 (Change)*Current CPI (Mar20)
=-144.676/124.7051*124.7051
=-144.676

Current CPI (Mar20) = 124.7051.

Alchemist Annual Data

Book Value per Share CPI Adj_Book
201103 99.168 70.768 174.750
201203 81.660 76.889 132.444
201303 131.023 85.687 190.685
201403 100.208 91.425 136.685
201503 63.744 97.163 81.813
201603 17.636 102.518 21.453
201703 -61.352 105.196 -72.730
201803 -73.564 109.786 -83.560
201903 -110.271 118.202 -116.338
202003 -144.676 124.705 -144.676

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.


Alchemist  (BOM:526707) 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.


Alchemist Cyclically Adjusted PB Ratio Related Terms

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Alchemist (BOM:526707) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alchemist House, Building No.23, Nehru Place, New Delhi, IND, 110019
Alchemist Ltd is a diversified Conglomerate company. It is engaged in the business of Agriculture and allied activities comprising of floriculture and manufacturing of wire mesh for poultry industry and trading of chemicals and pharmaceutical formulations. It operates through two segments: Agri Business and Pharma, Chemical and Minerals. The company's operations are spread across North America, Europe, Asia Pacific and Rest of the World regions.

Alchemist (BOM:526707) Headlines

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