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Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Cyclically Adjusted PB Ratio : 2.96 (As of Jun. 02, 2024)


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What is Khaitan Chemicals & Fertilizers Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Khaitan Chemicals & Fertilizers's current share price is ₹65.55. Khaitan Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹22.14. Khaitan Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is 2.96.

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

NSE:KHAICHEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 3.66   Max: 7.52
Current: 2.94

During the past years, Khaitan Chemicals & Fertilizers's highest Cyclically Adjusted PB Ratio was 7.52. The lowest was 2.93. And the median was 3.66.

NSE:KHAICHEM's Cyclically Adjusted PB Ratio is ranked worse than
77.84% of 185 companies
in the Agriculture industry
Industry Median: 1.6 vs NSE:KHAICHEM: 2.94

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.

Khaitan Chemicals & Fertilizers's adjusted book value per share data for the three months ended in Mar. 2024 was ₹22.733. 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 ₹22.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Khaitan Chemicals & Fertilizers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Khaitan Chemicals & Fertilizers'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.

Khaitan Chemicals & Fertilizers Cyclically Adjusted PB Ratio Chart

Khaitan Chemicals & Fertilizers 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 - - 6.34 3.24 2.91

Khaitan Chemicals & Fertilizers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.24 - 2.99 - 2.91

Competitive Comparison of Khaitan Chemicals & Fertilizers's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Khaitan Chemicals & Fertilizers'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.


Khaitan Chemicals & Fertilizers's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

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

* The bar in red indicates where Khaitan Chemicals & Fertilizers's Cyclically Adjusted PB Ratio falls into.



Khaitan Chemicals & Fertilizers 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.

Khaitan Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.55/22.14
=2.96

* 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.

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

For example, Khaitan Chemicals & Fertilizers'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)
=22.733/153.0345*153.0345
=22.733

Current CPI (Mar. 2024) = 153.0345.

Khaitan Chemicals & Fertilizers Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 13.005 97.163 20.483
201506 0.000 99.841 0.000
201509 13.041 101.753 19.613
201512 0.000 102.901 0.000
201603 13.200 102.518 19.704
201606 0.000 105.961 0.000
201609 13.159 105.961 19.005
201612 0.000 105.196 0.000
201703 13.312 105.196 19.366
201706 0.000 107.109 0.000
201709 13.292 109.021 18.658
201712 0.000 109.404 0.000
201803 13.437 109.786 18.730
201806 0.000 111.317 0.000
201809 13.995 115.142 18.601
201812 0.000 115.142 0.000
201903 14.240 118.202 18.436
201906 0.000 120.880 0.000
201909 14.782 123.175 18.365
201912 0.000 126.235 0.000
202003 15.781 124.705 19.366
202006 0.000 127.000 0.000
202009 17.276 130.118 20.319
202012 0.000 130.889 0.000
202103 17.963 131.771 20.862
202106 0.000 134.084 0.000
202109 22.721 135.847 25.596
202112 0.000 138.161 0.000
202203 26.009 138.822 28.672
202206 0.000 142.347 0.000
202209 28.477 144.661 30.125
202212 0.000 145.763 0.000
202303 30.288 146.865 31.560
202306 0.000 150.280 0.000
202309 29.451 151.492 29.751
202312 0.000 152.924 0.000
202403 22.733 153.035 22.733

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.


Khaitan Chemicals & Fertilizers  (NSE:KHAICHEM) 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.


Khaitan Chemicals & Fertilizers Cyclically Adjusted PB Ratio Related Terms

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


Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Business Description

Traded in Other Exchanges
Address
Nipania Main Road, The B Zone, 7th Floor, Pipliya Kumar, Indore, MP, IND, 453771
Khaitan Chemicals & Fertilizers Ltd is a manufacturer of straight inorganic fertilizers. The company is mainly engaged in the manufacturing of Single Super Phosphate, Sulphuric Acid, and Soya Edible Oil. The segments of the group are Fertilizers and Chemicals and Speciality Chemicals, and others. The products of the company are sold under the brand name Khaitan and Utsav. The Fertilizer and Chemical division of the company is the main contributor to the company's turnover.

Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Headlines

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