National General Industries (BOM:531651) Cyclically Adjusted Book per Share: ₹0.00 (As of Jun. 2026)

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BOM:531651 National General Industries Ltd BOM:531651
63 GF Score
Price ₹61.34
GF Value ₹71.15
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is National General Industries Cyclically Adjusted Book per Share?

National General Industries BOM:531651 +4.89% 63 Cyclically Adjusted Book per Share is ₹0.00 as of Jun. 2026. GuruFocus rates BOM:531651 with a GF Score™ of 63/100 and a GF Value™ of ₹71.15 (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.

National General Industries's adjusted book value per share for the three months ended in Jun. 2026 was ₹0.000. 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 ₹0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, National General Industries's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 National General Industries was 5.50% per year. The lowest was 4.70% per year. And the median was 5.00% per year.

As of today (2026-09-15), National General Industries's current stock price is ₹61.34. National General Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹0.00. National General Industries's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National General Industries was 10.96. The lowest was 0.53. And the median was 1.17.


National General Industries  (BOM:531651) 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 National General Industries was 10.96. The lowest was 0.53. And the median was 1.17.


Be Aware

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


National General Industries Cyclically Adjusted Book per Share Related Terms


National General Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for National General 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.

National General Industries Cyclically Adjusted Book per Share Chart

National General 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 51.09 53.79 56.43 59.12 63.11

National General Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 61.40 0.00 63.11 0.00

BOM:531651 vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, National General 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.


National General Industries Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, National General Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:531651
63GF Score
National General Industries Ltd BOM:531651
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National General 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, National General Industries's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

National General Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 39.630 105.961 62.592
201612 0.000 105.196 0.000
201703 42.831 105.196 68.140
201706 0.000 107.109 0.000
201709 44.877 109.021 68.890
201712 0.000 109.404 0.000
201803 44.634 109.786 68.040
201806 0.000 111.317 0.000
201809 44.810 115.142 65.131
201812 0.000 115.142 0.000
201903 44.930 118.202 63.614
201906 0.000 120.880 0.000
201909 42.014 123.175 57.084
201912 0.000 126.235 0.000
202003 41.936 124.705 56.279
202006 0.000 127.000 0.000
202009 40.740 130.118 52.400
202012 0.000 130.889 0.000
202103 53.532 131.771 67.989
202106 0.000 134.084 0.000
202109 52.609 135.847 64.812
202112 0.000 138.161 0.000
202203 53.254 138.822 64.201
202206 0.000 142.347 0.000
202209 53.655 144.661 62.073
202212 0.000 145.763 0.000
202303 55.608 146.865 63.367
202306 0.000 150.280 0.000
202309 57.797 151.492 63.850
202312 0.000 152.924 0.000
202403 62.444 153.035 68.288
202406 0.000 155.789 0.000
202409 65.439 157.882 69.366
202412 0.000 158.323 0.000
202503 67.030 157.552 71.202
202506 0.000 159.755 0.000
202509 67.789 162.289 69.906
202512 0.000 163.281 0.000
202603 81.785 164.272 83.321
202606 0.000 167.357 0.000

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 ₹0.00 mean?
National General Industries (BOM:531651) has a Cyclically Adjusted Book per Share of ₹0.00 as of Jun. 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 National General Industries and its competitors.
Is National General Industries' Cyclically Adjusted Book per Share too high?
National General Industries' current Cyclically Adjusted Book per Share is ₹0.00. Overall, National General Industries has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National General Industries' Cyclically Adjusted Book per Share compare to NUE and STLD?
National General Industries' Cyclically Adjusted Book per Share of ₹0.00 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 National General Industries and its competitors. National General Industries's current Cyclically Adjusted Book per Share is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National General Industries stock overvalued right now?
Based on GuruFocus' analysis, National General Industries (BOM:531651) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹71.15, compared to a current price of ₹61.34 — trading 13.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹0.00. National General Industries' overall GF Score™ is 63/100 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 National General Industries (BOM:531651), the current Cyclically Adjusted Book per Share is ₹0.00 as of Jun. 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 National General Industries (BOM:531651) Overvalued in 2026?

Based on GuruFocus' analysis, National General Industries stock appears to be undervalued. The current stock price of ₹61.34 is trading 13.8% below its estimated GF Value™ of ₹71.15. GuruFocus considers National General Industries to be Modestly Undervalued.

Key valuation signals for BOM:531651:

  • Cyclically Adjusted Book per Share: ₹0.00
  • GF Value™: ₹71.15 vs. price of ₹61.34 (13.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the BOM:531651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National General Industries Business Description

Address K-185/1, Sarai Julena, 3rd Floor, Surya Plaza, New Friends Colony, New Delhi, IND, 110 025
National General Industries Ltd is active in the steel industry, engaged in the production and sale of steel through its rolling unit located in Ghaziabad, Uttar Pradesh. It manufactures hot-rolled steel rounds, steel squares, and steel flats. The company operates in two segments: steel manufacturing and investments, with the majority of its revenue generated from steel manufacturing.
63GF Score

Get the complete analysis for BOM:531651

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

₹61.34
Price
₹71.15
GF Value