Kemistar (BOM:531163) Cyclically Adjusted Book per Share: ₹18.76 (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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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:531163 Kemistar Corp Ltd BOM:531163
60 GF Score
Price ₹49.93
GF Value ₹106.10
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Kemistar Cyclically Adjusted Book per Share?

Kemistar BOM:531163 +0.93% 60 Cyclically Adjusted Book per Share is ₹18.76 as of Mar. 2026. GuruFocus rates BOM:531163 with a GF Score™ of 60/100 and a GF Value™ of ₹106.10 (Possible Value Trap). The stock has 7 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.

Kemistar's adjusted book value per share for the three months ended in Mar. 2026 was ₹17.579. 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 ₹18.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kemistar's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Kemistar was 4.20% per year. The lowest was -14.40% per year. And the median was -5.10% per year.

As of today (2026-07-27), Kemistar's current stock price is ₹49.93. Kemistar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹18.76. Kemistar's Cyclically Adjusted PB Ratio of today is 2.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kemistar was 6.35. The lowest was 0.99. And the median was 2.38.


Kemistar  (BOM:531163) 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.

Kemistar's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.93/18.76
=2.66

* 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 Kemistar was 6.35. The lowest was 0.99. And the median was 2.38.


Be Aware

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


Kemistar Cyclically Adjusted Book per Share Related Terms


Kemistar Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kemistar'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.

Kemistar Cyclically Adjusted Book per Share Chart

Kemistar 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 28.61 16.56 17.28 17.94 18.76

Kemistar 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 17.94 0.00 18.51 0.00 18.76

BOM:531163 vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Kemistar'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.


Kemistar Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemistar's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:531163
60GF Score
Kemistar Corp Ltd BOM:531163
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kemistar 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, Kemistar'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)
=17.579/164.2724*164.2724
=17.579

Current CPI (Mar. 2026) = 164.2724.

Kemistar Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.539 105.961 16.339
201609 10.045 105.961 15.573
201612 10.334 105.196 16.137
201703 10.933 105.196 17.073
201706 11.003 107.109 16.875
201709 14.561 109.021 21.940
201712 14.715 109.404 22.095
201803 14.876 109.786 22.259
201806 15.899 111.317 23.463
201809 14.885 115.142 21.236
201812 15.448 115.142 22.040
201903 13.977 118.202 19.425
201906 14.070 120.880 19.121
201909 14.113 123.175 18.822
201912 14.145 126.235 18.407
202003 14.374 124.705 18.935
202006 14.599 127.000 18.884
202009 14.746 130.118 18.617
202012 0.000 130.889 0.000
202103 14.786 131.771 18.433
202106 15.031 134.084 18.415
202109 15.182 135.847 18.359
202112 15.304 138.161 18.196
202203 15.604 138.822 18.465
202206 16.008 142.347 18.474
202209 16.365 144.661 18.584
202212 0.000 145.763 0.000
202303 16.295 146.865 18.226
202306 0.000 150.280 0.000
202309 16.398 151.492 17.781
202312 0.000 152.924 0.000
202403 16.688 153.035 17.913
202406 0.000 155.789 0.000
202409 16.739 157.882 17.417
202412 0.000 158.323 0.000
202503 17.136 157.552 17.867
202506 0.000 159.755 0.000
202509 17.248 162.289 17.459
202512 0.000 163.281 0.000
202603 17.579 164.272 17.579

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 ₹18.76 mean?
Kemistar (BOM:531163) has a Cyclically Adjusted Book per Share of ₹18.76 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 Kemistar and its competitors.
Is Kemistar's Cyclically Adjusted Book per Share too high?
Kemistar's current Cyclically Adjusted Book per Share is ₹18.76. Overall, Kemistar has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kemistar's Cyclically Adjusted Book per Share compare to LIN and SHW?
Kemistar's Cyclically Adjusted Book per Share of ₹18.76 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Kemistar and its competitors. Kemistar's current Cyclically Adjusted Book per Share is ₹18.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kemistar stock overvalued right now?
Based on GuruFocus' analysis, Kemistar (BOM:531163) is currently considered Possible Value Trap. The stock's GF Value™ is ₹106.10, compared to a current price of ₹49.93 — trading 52.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹18.76. Kemistar's overall GF Score™ is 60/100 with 7 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 Kemistar (BOM:531163), the current Cyclically Adjusted Book per Share is ₹18.76 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 Kemistar (BOM:531163) Overvalued in 2026?

Based on GuruFocus' analysis, Kemistar stock appears to be undervalued. The current stock price of ₹49.93 is trading 52.9% below its estimated GF Value™ of ₹106.10. GuruFocus considers Kemistar to be Possible Value Trap.

Key valuation signals for BOM:531163:

  • Cyclically Adjusted Book per Share: ₹18.76
  • GF Value™: ₹106.10 vs. price of ₹49.93 (52.9% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the BOM:531163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kemistar Business Description

Address Jodhpur Cross Road, 604, Manas Complex, Satellite, Ahmedabad, GJ, IND, 380015
Kemistar Corp Ltd is an Indian firm engaged in the business of Chemicals. It operates in a single segment that deals with various chemical and allied products. The company's products include Pigment Applications used in the manufacture of paints, printing inks, textiles, plastics, rubber, crayons, leather, ceramics, and cement. The firm generates substantial revenue from the sale of chemical products.
60GF Score

Get the complete analysis for BOM:531163

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

₹49.93
Price
₹106.10
GF Value