Haldyn Glass (BOM:515147) Cyclically Adjusted Book per Share: ₹36.87 (As of Mar. 2026)

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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.

BOM:515147 Haldyn Glass Ltd BOM:515147
79 GF Score
Price ₹121.35
GF Value ₹159.35
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Haldyn Glass Cyclically Adjusted Book per Share?

Haldyn Glass BOM:515147 -1.38% 79 Cyclically Adjusted Book per Share is ₹36.87 as of Mar. 2026. GuruFocus rates BOM:515147 with a GF Score™ of 79/100 and a GF Value™ of ₹159.35 (Modestly Undervalued). The stock has 4 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.

Haldyn Glass's adjusted book value per share for the three months ended in Mar. 2026 was ₹43.580. 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 ₹36.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Haldyn Glass's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 Haldyn Glass was 3.80% per year. The lowest was -6.80% per year. And the median was -1.50% per year.

As of today (2026-07-19), Haldyn Glass's current stock price is ₹121.35. Haldyn Glass's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹36.87. Haldyn Glass's Cyclically Adjusted PB Ratio of today is 3.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haldyn Glass was 5.21. The lowest was 0.85. And the median was 2.86.


Haldyn Glass  (BOM:515147) 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.

Haldyn Glass's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.35/36.87
=3.29

* 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 Haldyn Glass was 5.21. The lowest was 0.85. And the median was 2.86.


Be Aware

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


Haldyn Glass Cyclically Adjusted Book per Share Related Terms


Haldyn Glass Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Haldyn Glass'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.

Haldyn Glass Cyclically Adjusted Book per Share Chart

Haldyn Glass 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 42.94 32.95 33.26 34.78 36.87

Haldyn Glass 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 34.78 0.00 36.05 0.00 36.87

BOM:515147 vs SW, PKG, IP: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, Haldyn Glass'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.


Haldyn Glass Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Haldyn Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:515147
79GF Score
Haldyn Glass Ltd BOM:515147
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haldyn Glass 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, Haldyn Glass'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)
=43.58/164.2724*164.2724
=43.580

Current CPI (Mar. 2026) = 164.2724.

Haldyn Glass Quarterly Data

Book Value per Share CPI Adj_Book
201503 21.745 97.163 36.764
201506 0.000 99.841 0.000
201509 22.391 101.753 36.148
201512 0.000 102.901 0.000
201603 23.351 102.518 37.417
201606 0.000 105.961 0.000
201703 24.874 105.196 38.843
201803 24.163 109.786 36.155
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 24.892 118.202 34.594
201906 0.000 120.880 0.000
201909 25.602 123.175 34.144
201912 0.000 126.235 0.000
202003 25.829 124.705 34.024
202006 0.000 127.000 0.000
202009 25.974 130.118 32.792
202012 0.000 130.889 0.000
202103 26.797 131.771 33.407
202106 0.000 134.084 0.000
202109 27.280 135.847 32.988
202112 0.000 138.161 0.000
202203 28.546 138.822 33.779
202206 0.000 142.347 0.000
202209 30.614 144.661 34.764
202212 0.000 145.763 0.000
202303 32.978 146.865 36.887
202306 0.000 150.280 0.000
202309 34.729 151.492 37.659
202312 0.000 152.924 0.000
202403 37.130 153.035 39.857
202406 0.000 155.789 0.000
202409 38.504 157.882 40.062
202412 0.000 158.323 0.000
202503 40.072 157.552 41.781
202506 0.000 159.755 0.000
202509 41.228 162.289 41.732
202512 0.000 163.281 0.000
202603 43.580 164.272 43.580

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 ₹36.87 mean?
Haldyn Glass (BOM:515147) has a Cyclically Adjusted Book per Share of ₹36.87 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 Haldyn Glass and its competitors.
Is Haldyn Glass' Cyclically Adjusted Book per Share too high?
Haldyn Glass' current Cyclically Adjusted Book per Share is ₹36.87. Overall, Haldyn Glass has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haldyn Glass' Cyclically Adjusted Book per Share compare to SW and PKG?
Haldyn Glass' Cyclically Adjusted Book per Share of ₹36.87 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers 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 Haldyn Glass and its competitors. Haldyn Glass's current Cyclically Adjusted Book per Share is ₹36.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haldyn Glass stock overvalued right now?
Based on GuruFocus' analysis, Haldyn Glass (BOM:515147) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹159.35, compared to a current price of ₹121.35 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹36.87. Haldyn Glass' overall GF Score™ is 79/100 with 4 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 Haldyn Glass (BOM:515147), the current Cyclically Adjusted Book per Share is ₹36.87 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 Haldyn Glass (BOM:515147) Overvalued in 2026?

Based on GuruFocus' analysis, Haldyn Glass stock appears to be undervalued. The current stock price of ₹121.35 is trading 23.8% below its estimated GF Value™ of ₹159.35. GuruFocus considers Haldyn Glass to be Modestly Undervalued.

Key valuation signals for BOM:515147:

  • Cyclically Adjusted Book per Share: ₹36.87
  • GF Value™: ₹159.35 vs. price of ₹121.35 (23.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the BOM:515147 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haldyn Glass Business Description

Address Off Western Express Highway, B-1201, Lotus Corporate Park, Goregaon (East), Mumbai, MH, IND, 400063
Haldyn Glass Ltd is engaged in the business of manufacturing glass containers and bottles. The company manufactures Soda Lime Flint & Amber Glass containers which are used in the liquor manufacturing industry, cosmetics industry, and the food and beverages industry. The company has one business segment namely, Glass bottles/containers. The company generates the majority of its revenue within India.
79GF Score

Get the complete analysis for BOM:515147

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

₹121.35
Price
₹159.35
GF Value