JBF Industries (BOM:514034) Cyclically Adjusted Book per Share: ₹-51.60 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is JBF Industries Cyclically Adjusted Book per Share?

JBF Industries BOM:514034 Cyclically Adjusted Book per Share is ₹-51.60 as of Mar. 2026. 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.

JBF Industries's adjusted book value per share for the three months ended in Mar. 2026 was ₹-349.101. 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 ₹-51.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, JBF Industries's average Cyclically Adjusted Book Growth Rate was -266.70% 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 JBF Industries was -24.00% per year. The lowest was -49.50% per year. And the median was -36.75% per year.

As of today (2026-07-26), JBF Industries's current stock price is ₹4.42. JBF Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹-51.60. JBF Industries's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JBF Industries was 0.14. The lowest was 0.02. And the median was 0.05.


JBF Industries  (BOM:514034) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JBF Industries was 0.14. The lowest was 0.02. And the median was 0.05.


Be Aware

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


JBF Industries Cyclically Adjusted Book per Share Related Terms


JBF Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for JBF Industries'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.

JBF Industries Cyclically Adjusted Book per Share Chart

JBF Industries 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 240.04 172.78 112.42 30.95 -51.60

JBF Industries 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 30.95 0.00 -11.04 0.00 -51.60

BOM:514034 vs AIN: Cyclically Adjusted Book per Share Comparison

For the Textile Manufacturing subindustry, JBF Industries'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.


JBF Industries Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JBF Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JBF Industries 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, JBF Industries'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)
=-349.101/164.2724*164.2724
=-349.101

Current CPI (Mar. 2026) = 164.2724.

JBF Industries Quarterly Data

Book Value per Share CPI Adj_Book
201509 302.513 101.753 488.383
201512 0.000 102.901 0.000
201603 296.101 102.518 474.464
201703 194.417 105.196 303.598
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 179.124 109.786 268.022
201806 0.000 111.317 0.000
201809 118.082 115.142 168.467
201812 0.000 115.142 0.000
201903 85.950 118.202 119.450
201906 0.000 120.880 0.000
201909 70.467 123.175 93.978
201912 0.000 126.235 0.000
202003 47.172 124.705 62.139
202006 0.000 127.000 0.000
202009 21.249 130.118 26.827
202012 0.000 130.889 0.000
202103 23.520 131.771 29.321
202106 0.000 134.084 0.000
202109 15.517 135.847 18.764
202112 0.000 138.161 0.000
202203 -119.493 138.822 -141.400
202206 0.000 142.347 0.000
202209 -320.312 144.661 -363.736
202212 0.000 145.763 0.000
202303 -346.498 146.865 -387.568
202306 0.000 150.280 0.000
202309 -361.141 151.492 -391.608
202312 0.000 152.924 0.000
202403 -347.795 153.035 -373.335
202406 0.000 155.789 0.000
202409 -348.319 157.882 -362.417
202412 0.000 158.323 0.000
202503 -348.441 157.552 -363.304
202506 0.000 159.755 0.000
202509 -348.702 162.289 -352.963
202512 0.000 163.281 0.000
202603 -349.101 164.272 -349.101

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 ₹-51.60 mean?
JBF Industries (BOM:514034) has a Cyclically Adjusted Book per Share of ₹-51.60 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 JBF Industries and its competitors.
Is JBF Industries' Cyclically Adjusted Book per Share too high?
JBF Industries' current Cyclically Adjusted Book per Share is ₹-51.60.
How does JBF Industries' Cyclically Adjusted Book per Share compare to AIN?
JBF Industries' Cyclically Adjusted Book per Share of ₹-51.60 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 JBF Industries and its competitors. JBF Industries's current Cyclically Adjusted Book per Share is ₹-51.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBF Industries stock overvalued right now?
JBF Industries (BOM:514034) has a current Cyclically Adjusted Book per Share of ₹-51.60. The stock's GF Value™ is ₹0.20, compared to a current price of ₹4.42 — trading 2110% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹-51.60. 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 JBF Industries (BOM:514034), the current Cyclically Adjusted Book per Share is ₹-51.60 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.

JBF Industries Business Description

Address Building No.A, Shubh Laxmi Complex, Shop No.4, Ground Floor, Near Prabhat School, Chanandevi, Dadra and Nagar Haveli, Silvassa, IND, 396230
JBF Industries Ltd is an Indian company that is engaged in the manufacturing business of Polyester Chips, Polyester Yarn, and Processed Yarn. The company's products include polyester chips, partially oriented yarn, fully drawn yarn, polyester texturized yarn, and flat yarn. Geographically, it derives a majority of its revenue from India.