Indag Rubber (BOM:509162) Cyclically Adjusted Book per Share: ₹93.94 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:509162 Indag Rubber Ltd BOM:509162
69 GF Score
Price ₹96.40
GF Value ₹123.47
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Indag Rubber Cyclically Adjusted Book per Share?

Indag Rubber BOM:509162 -1.63% 69 Cyclically Adjusted Book per Share is ₹93.94 as of Mar. 2026. GuruFocus rates BOM:509162 with a GF Score™ of 69/100 and a GF Value™ of ₹123.47 (Modestly Undervalued). The stock has 3 warning signs 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.

Indag Rubber's adjusted book value per share for the three months ended in Mar. 2026 was ₹87.975. 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 ₹93.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Indag Rubber's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Indag Rubber was 7.30% per year. The lowest was 5.20% per year. And the median was 6.25% per year.

As of today (2026-07-18), Indag Rubber's current stock price is ₹96.40. Indag Rubber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹93.94. Indag Rubber's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Indag Rubber was 2.99. The lowest was 0.90. And the median was 1.37.


Indag Rubber  (BOM:509162) 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.

Indag Rubber's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.40/93.94
=1.03

* 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 Indag Rubber was 2.99. The lowest was 0.90. And the median was 1.37.


Be Aware

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


Indag Rubber Cyclically Adjusted Book per Share Related Terms


Indag Rubber Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Indag Rubber'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.

Indag Rubber Cyclically Adjusted Book per Share Chart

Indag Rubber 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 72.25 80.63 84.52 89.16 93.94

Indag Rubber 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 89.16 0.00 92.53 0.00 93.94

BOM:509162 vs ORLY, AZO: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Indag Rubber'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.


Indag Rubber Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indag Rubber's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:509162
69GF Score
Indag Rubber Ltd BOM:509162
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indag Rubber 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, Indag Rubber'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)
=87.975/164.2724*164.2724
=87.975

Current CPI (Mar. 2026) = 164.2724.

Indag Rubber Quarterly Data

Book Value per Share CPI Adj_Book
201509 55.111 101.753 88.972
201512 0.000 102.901 0.000
201603 59.820 102.518 95.854
201606 0.000 105.961 0.000
201609 62.729 105.961 97.249
201612 0.000 105.196 0.000
201703 67.175 105.196 104.899
201803 71.166 109.786 106.485
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 72.694 118.202 101.027
201906 0.000 120.880 0.000
201909 73.508 123.175 98.034
201912 0.000 126.235 0.000
202003 71.335 124.705 93.969
202006 0.000 127.000 0.000
202009 74.360 130.118 93.879
202012 0.000 130.889 0.000
202103 75.318 131.771 93.896
202106 0.000 134.084 0.000
202109 75.225 135.847 90.966
202112 0.000 138.161 0.000
202203 78.684 138.822 93.109
202206 0.000 142.347 0.000
202209 77.888 144.661 88.447
202212 0.000 145.763 0.000
202303 80.691 146.865 90.255
202306 0.000 150.280 0.000
202309 83.645 151.492 90.702
202312 0.000 152.924 0.000
202403 86.185 153.035 92.514
202406 0.000 155.789 0.000
202409 87.639 157.882 91.186
202412 0.000 158.323 0.000
202503 86.705 157.552 90.404
202506 0.000 159.755 0.000
202509 87.815 162.289 88.888
202512 0.000 163.281 0.000
202603 87.975 164.272 87.975

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 ₹93.94 mean?
Indag Rubber (BOM:509162) has a Cyclically Adjusted Book per Share of ₹93.94 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 Indag Rubber and its competitors.
Is Indag Rubber's Cyclically Adjusted Book per Share too high?
Indag Rubber's current Cyclically Adjusted Book per Share is ₹93.94. Overall, Indag Rubber has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indag Rubber's Cyclically Adjusted Book per Share compare to ORLY and AZO?
Indag Rubber's Cyclically Adjusted Book per Share of ₹93.94 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Indag Rubber and its competitors. Indag Rubber's current Cyclically Adjusted Book per Share is ₹93.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indag Rubber stock overvalued right now?
Based on GuruFocus' analysis, Indag Rubber (BOM:509162) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹123.47, compared to a current price of ₹96.40 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹93.94. Indag Rubber's overall GF Score™ is 69/100 with 3 warning signs 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 Indag Rubber (BOM:509162), the current Cyclically Adjusted Book per Share is ₹93.94 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 Indag Rubber (BOM:509162) Overvalued in 2026?

Based on GuruFocus' analysis, Indag Rubber stock appears to be undervalued. The current stock price of ₹96.40 is trading 21.9% below its estimated GF Value™ of ₹123.47. GuruFocus considers Indag Rubber to be Modestly Undervalued.

Key valuation signals for BOM:509162:

  • Cyclically Adjusted Book per Share: ₹93.94
  • GF Value™: ₹123.47 vs. price of ₹96.40 (21.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the BOM:509162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indag Rubber Business Description

Address 11, Community Centre, 2nd and 3rd Floor, Saket, Khemka house, New Delhi, IND, 110017
Indag Rubber Ltd is engaged in the manufacturing and selling of Precured Tread Rubber and allied products. The company operates in two segments: Precured Tread Rubber segment involved is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum and Rubber Cement, which are used for retreading of tyres and providing tyre retreading service and allied products/services; and Power conversation system is into the business of manufacturing of power conversion system (PCS) for battery energy storage system (BESS) and power electronics and electronics in the green energy sector.
69GF Score

Get the complete analysis for BOM:509162

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

₹96.40
Price
₹123.47
GF Value