Hariyana Ship Breakers (BOM:526931) Cyclically Adjusted Book per Share: ₹267.22 (As of Mar. 2026)

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BOM:526931 Hariyana Ship Breakers Ltd BOM:526931
49 GF Score
Price ₹101.05
GF Value ₹5.36
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hariyana Ship Breakers Cyclically Adjusted Book per Share?

Hariyana Ship Breakers BOM:526931 +0.60% 49 Cyclically Adjusted Book per Share is ₹267.22 as of Mar. 2026. GuruFocus rates BOM:526931 with a GF Score™ of 49/100 and a GF Value™ of ₹5.36 (Significantly Overvalued). 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.

Hariyana Ship Breakers's adjusted book value per share for the three months ended in Mar. 2026 was ₹238.798. 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 ₹267.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hariyana Ship Breakers's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Hariyana Ship Breakers was 6.20% per year. The lowest was 4.70% per year. And the median was 5.45% per year.

As of today (2026-08-02), Hariyana Ship Breakers's current stock price is ₹101.05. Hariyana Ship Breakers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹267.22. Hariyana Ship Breakers's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hariyana Ship Breakers was 0.59. The lowest was 0.24. And the median was 0.43.


Hariyana Ship Breakers  (BOM:526931) 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.

Hariyana Ship Breakers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.05/267.22
=0.38

* 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 Hariyana Ship Breakers was 0.59. The lowest was 0.24. And the median was 0.43.


Be Aware

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


Hariyana Ship Breakers Cyclically Adjusted Book per Share Related Terms


Hariyana Ship Breakers Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hariyana Ship Breakers'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.

Hariyana Ship Breakers Cyclically Adjusted Book per Share Chart

Hariyana Ship Breakers 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 213.07 233.05 243.75 255.17 267.22

Hariyana Ship Breakers 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 255.17 0.00 263.37 0.00 267.22

BOM:526931 vs WM, RSG, WCN: Cyclically Adjusted Book per Share Comparison

For the Waste Management subindustry, Hariyana Ship Breakers'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.


Hariyana Ship Breakers Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Hariyana Ship Breakers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hariyana Ship Breakers's Cyclically Adjusted PB Ratio falls into.


BOM:526931
49GF Score
Hariyana Ship Breakers Ltd BOM:526931
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hariyana Ship Breakers 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, Hariyana Ship Breakers'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)
=238.798/164.2724*164.2724
=238.798

Current CPI (Mar. 2026) = 164.2724.

Hariyana Ship Breakers Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 156.763 101.753 253.081
201512 148.549 102.901 237.146
201603 172.455 102.518 276.337
201606 180.436 105.961 279.731
201609 177.424 105.961 275.062
201612 173.152 105.196 270.391
201703 187.746 105.196 293.181
201706 0.000 107.109 0.000
201709 190.442 109.021 286.956
201712 0.000 109.404 0.000
201803 203.585 109.786 304.622
201903 216.652 118.202 301.094
201909 216.622 123.175 288.898
201912 0.000 126.235 0.000
202003 205.008 124.705 270.054
202006 0.000 127.000 0.000
202009 209.225 130.118 264.144
202012 0.000 130.889 0.000
202103 220.549 131.771 274.949
202106 0.000 134.084 0.000
202109 228.219 135.847 275.973
202112 0.000 138.161 0.000
202203 223.585 138.822 264.575
202206 0.000 142.347 0.000
202209 223.677 144.661 254.000
202212 0.000 145.763 0.000
202303 230.225 146.865 257.513
202306 0.000 150.280 0.000
202309 234.197 151.492 253.955
202312 0.000 152.924 0.000
202403 235.360 153.035 252.643
202406 0.000 155.789 0.000
202409 236.535 157.882 246.109
202412 0.000 158.323 0.000
202503 238.147 157.552 248.306
202506 0.000 159.755 0.000
202509 242.900 162.289 245.868
202512 0.000 163.281 0.000
202603 238.798 164.272 238.798

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 ₹267.22 mean?
Hariyana Ship Breakers (BOM:526931) has a Cyclically Adjusted Book per Share of ₹267.22 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 Hariyana Ship Breakers and its competitors.
Is Hariyana Ship Breakers' Cyclically Adjusted Book per Share too high?
Hariyana Ship Breakers' current Cyclically Adjusted Book per Share is ₹267.22. Overall, Hariyana Ship Breakers has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hariyana Ship Breakers' Cyclically Adjusted Book per Share compare to WM and RSG?
Hariyana Ship Breakers' Cyclically Adjusted Book per Share of ₹267.22 can be compared against companies in the Waste Management 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 Waste Management company?
A good Cyclically Adjusted Book per Share depends on the Waste Management 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 Hariyana Ship Breakers and its competitors. Hariyana Ship Breakers's current Cyclically Adjusted Book per Share is ₹267.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hariyana Ship Breakers stock overvalued right now?
Based on GuruFocus' analysis, Hariyana Ship Breakers (BOM:526931) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.36, compared to a current price of ₹101.05 — trading 1785.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹267.22. Hariyana Ship Breakers' overall GF Score™ is 49/100 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 Hariyana Ship Breakers (BOM:526931), the current Cyclically Adjusted Book per Share is ₹267.22 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 Hariyana Ship Breakers (BOM:526931) Overvalued in 2026?

Based on GuruFocus' analysis, Hariyana Ship Breakers stock appears to be overvalued. The current stock price of ₹101.05 is trading 1785.3% above its estimated GF Value™ of ₹5.36. GuruFocus considers Hariyana Ship Breakers to be Significantly Overvalued.

Key valuation signals for BOM:526931:

  • Cyclically Adjusted Book per Share: ₹267.22
  • GF Value™: ₹5.36 vs. price of ₹101.05 (1785.3% above fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BOM:526931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hariyana Ship Breakers Business Description

Address 220, Jamnalal Bajaj Marg, 156, Maker Chamber VI, Nariman Point, Mumbai, MH, IND, 400 021
Hariyana Ship Breakers Ltd is an Indian company engaged in the business of shipbreaking, trading, and investment activities. The company's segments include Mumbai; Bhavnagar and Industrial Oxygen and Trading.
49GF Score

Get the complete analysis for BOM:526931

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

₹101.05
Price
₹5.36
GF Value