Panasonic Carbon India Co (BOM:508941) Cyclically Adjusted Book per Share: ₹323.80 (As of Mar. 2026)

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BOM:508941 Panasonic Carbon India Co Ltd BOM:508941
74 GF Score
Price ₹462.55
GF Value ₹510.72
Valuation Fairly Valued
! 1 Warning Sign
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What is Panasonic Carbon India Co Cyclically Adjusted Book per Share?

Panasonic Carbon India Co BOM:508941 -0.25% 74 Cyclically Adjusted Book per Share is ₹323.80 as of Mar. 2026. GuruFocus rates BOM:508941 with a GF Score™ of 74/100 and a GF Value™ of ₹510.72 (Fairly Valued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Panasonic Carbon India Co's adjusted book value per share for the three months ended in Mar. 2026 was ₹390.994. 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 ₹323.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Panasonic Carbon India Co's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Panasonic Carbon India Co was 8.10% per year. The lowest was 6.60% per year. And the median was 6.70% per year.

As of today (2026-07-22), Panasonic Carbon India Co's current stock price is ₹462.55. Panasonic Carbon India Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹323.80. Panasonic Carbon India Co's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Panasonic Carbon India Co was 2.29. The lowest was 1.31. And the median was 1.68.


Panasonic Carbon India Co  (BOM:508941) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Panasonic Carbon India Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=462.55/323.80
=1.43

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Panasonic Carbon India Co was 2.29. The lowest was 1.31. And the median was 1.68.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Panasonic Carbon India Co Cyclically Adjusted Book per Share Related Terms


Panasonic Carbon India Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Panasonic Carbon India Co's Cyclically Adjusted Book per Share 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.

Panasonic Carbon India Co Cyclically Adjusted Book per Share Chart

Panasonic Carbon India Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245.58 256.68 277.65 298.25 323.80

Panasonic Carbon India Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 298.25 0.00 313.71 0.00 323.80

BOM:508941 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Panasonic Carbon India Co'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.


Panasonic Carbon India Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Panasonic Carbon India Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Panasonic Carbon India Co's Cyclically Adjusted PB Ratio falls into.


BOM:508941
74GF Score
Panasonic Carbon India Co Ltd BOM:508941
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic Carbon India Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Panasonic Carbon India Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=390.994/164.2724*164.2724
=390.994

Current CPI (Mar. 2026) = 164.2724.

Panasonic Carbon India Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 173.733 105.961 269.340
201612 0.000 105.196 0.000
201703 186.835 105.196 291.759
201706 0.000 107.109 0.000
201709 188.419 109.021 283.908
201712 0.000 109.404 0.000
201803 200.216 109.786 299.581
201806 0.000 111.317 0.000
201809 201.807 115.142 287.917
201812 0.000 115.142 0.000
201903 213.739 118.202 297.046
201906 0.000 120.880 0.000
201909 219.092 123.175 292.192
201912 0.000 126.235 0.000
202003 236.421 124.705 311.434
202006 0.000 127.000 0.000
202009 243.838 130.118 307.843
202012 0.000 130.889 0.000
202103 265.615 131.771 331.130
202106 0.000 134.084 0.000
202109 271.005 135.847 327.712
202112 0.000 138.161 0.000
202203 285.383 138.822 337.703
202206 0.000 142.347 0.000
202209 288.248 144.661 327.325
202212 0.000 145.763 0.000
202303 300.109 146.865 335.681
202306 0.000 150.280 0.000
202309 307.119 151.492 333.029
202312 0.000 152.924 0.000
202403 326.670 153.035 350.659
202406 0.000 155.789 0.000
202409 337.446 157.882 351.104
202412 0.000 158.323 0.000
202503 358.126 157.552 373.403
202506 0.000 159.755 0.000
202509 371.645 162.289 376.187
202512 0.000 163.281 0.000
202603 390.994 164.272 390.994

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ₹323.80 mean?
Panasonic Carbon India Co (BOM:508941) has a Cyclically Adjusted Book per Share of ₹323.80 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Panasonic Carbon India Co and its competitors.
Is Panasonic Carbon India Co's Cyclically Adjusted Book per Share too high?
Panasonic Carbon India Co's current Cyclically Adjusted Book per Share is ₹323.80. Overall, Panasonic Carbon India Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Carbon India Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Panasonic Carbon India Co's Cyclically Adjusted Book per Share of ₹323.80 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Panasonic Carbon India Co and its competitors. Panasonic Carbon India Co's current Cyclically Adjusted Book per Share is ₹323.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Carbon India Co stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Carbon India Co (BOM:508941) is currently considered Fairly Valued. The stock's GF Value™ is ₹510.72, compared to a current price of ₹462.55 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹323.80. Panasonic Carbon India Co's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Panasonic Carbon India Co (BOM:508941), the current Cyclically Adjusted Book per Share is ₹323.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Panasonic Carbon India Co (BOM:508941) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Carbon India Co stock appears to be undervalued. The current stock price of ₹462.55 is trading 9.4% below its estimated GF Value™ of ₹510.72. GuruFocus considers Panasonic Carbon India Co to be Fairly Valued.

Key valuation signals for BOM:508941:

  • Cyclically Adjusted Book per Share: ₹323.80
  • GF Value™: ₹510.72 vs. price of ₹462.55 (9.4% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the BOM:508941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Carbon India Co Business Description

Address Nungambakkam High Road, Pottipati Plaza, 77 (Old. No.35), Third Floor, Nungambakkam, Chennai, TN, IND, 600034
Panasonic Carbon India Co Ltd is engaged in the manufacture of carbon rods/carbon electrodes, which are used as a key component in dry cell batteries, catering to both domestic and export markets, including supplies to Panasonic group companies. Its product is carbon rods. The Company operates a manufacturing facility in Nellore District, Andhra Pradesh, and supplies its products to battery manufacturers in India as well as to overseas customers. Geographically, the Company operates in India and the rest of the world, with India generating maximum revenue.
74GF Score

Get the complete analysis for BOM:508941

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹462.55
Price
₹510.72
GF Value