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Vinyoflex (BOM:530401) Cyclically Adjusted PB Ratio : 1.60 (As of Jun. 06, 2024)


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What is Vinyoflex Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Vinyoflex's current share price is ₹81.81. Vinyoflex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹51.25. Vinyoflex's Cyclically Adjusted PB Ratio for today is 1.60.

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

BOM:530401' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.82   Max: 2.15
Current: 1.54

During the past years, Vinyoflex's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.51. And the median was 0.82.

BOM:530401's Cyclically Adjusted PB Ratio is ranked better than
54.16% of 1189 companies
in the Chemicals industry
Industry Median: 1.69 vs BOM:530401: 1.54

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.

Vinyoflex's adjusted book value per share data for the three months ended in Mar. 2024 was ₹69.978. 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 ₹51.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vinyoflex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vinyoflex'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.

Vinyoflex Cyclically Adjusted PB Ratio Chart

Vinyoflex 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 - 0.67 0.65 1.17 1.95

Vinyoflex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 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 1.08 1.17 2.05 - 1.95

Competitive Comparison of Vinyoflex's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Vinyoflex'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.


Vinyoflex's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Vinyoflex 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.

Vinyoflex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.81/51.25
=1.60

* 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.

Vinyoflex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vinyoflex's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=69.978/153.0345*153.0345
=69.978

Current CPI (Mar. 2024) = 153.0345.

Vinyoflex Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.530 91.425 34.365
201406 0.000 94.103 0.000
201409 21.164 96.780 33.466
201412 0.000 96.780 0.000
201503 23.152 97.163 36.465
201506 0.000 99.841 0.000
201509 23.152 101.753 34.820
201512 0.000 102.901 0.000
201603 26.757 102.518 39.942
201606 0.000 105.961 0.000
201609 29.547 105.961 42.673
201612 31.507 105.196 45.835
201703 30.677 105.196 44.628
201706 0.000 107.109 0.000
201709 32.444 109.021 45.542
201712 35.693 109.404 49.927
201803 34.998 109.786 48.785
201806 36.123 111.317 49.661
201809 36.895 115.142 49.037
201812 39.543 115.142 52.556
201903 39.107 118.202 50.631
201906 40.243 120.880 50.948
201909 41.241 123.175 51.238
201912 0.000 126.235 0.000
202003 44.910 124.705 55.112
202006 44.878 127.000 54.078
202009 45.892 130.118 53.975
202012 48.235 130.889 56.396
202103 48.721 131.771 56.583
202106 48.801 134.084 55.698
202109 49.891 135.847 56.203
202112 50.973 138.161 56.461
202203 53.426 138.822 58.896
202206 54.219 142.347 58.290
202209 55.593 144.661 58.811
202212 58.216 145.763 61.120
202303 61.454 146.865 64.036
202306 62.723 150.280 63.873
202312 0.000 152.924 0.000
202403 69.978 153.035 69.978

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.


Vinyoflex  (BOM:530401) 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.


Vinyoflex Cyclically Adjusted PB Ratio Related Terms

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


Vinyoflex (BOM:530401) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tagore Road, 307, Silver Chamber, Rajkot, GJ, IND, 360 002
Vinyoflex Ltd is a manufacturer of polyvinyl chloride (PVC) sheetings. The company's product range includes PVC films and sheets both plain and printed, flexible rigid and semi rigid for application such as rainwear, shower curtains, file cover, table covers, car matt, stationery products, cable wrap tape, insulation tape, vinyl wall cover, blood bag, urine bag, and others.

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