Amara Raja Energy & Mobility (NSE:ARE&M) Cyclically Adjusted Book per Share: ₹322.67 (As of Mar. 2026)


NSE:ARE&M Amara Raja Energy & Mobility Ltd NSE:ARE&M
98 GF Score
Price ₹842.60
GF Value ₹1,071.16
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Amara Raja Energy & Mobility Cyclically Adjusted Book per Share?

Amara Raja Energy & Mobility NSE:ARE&M -1.04% 98 Cyclically Adjusted Book per Share is ₹322.67 as of Mar. 2026. GuruFocus rates NSE:ARE&M with a GF Score™ of 98/100 and a GF Value™ of ₹1,071.16 (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.

Amara Raja Energy & Mobility's adjusted book value per share for the three months ended in Mar. 2026 was ₹442.506. 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 ₹322.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Amara Raja Energy & Mobility's average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 Amara Raja Energy & Mobility was 19.10% per year. The lowest was 13.20% per year. And the median was 15.00% per year.

As of today (2026-07-08), Amara Raja Energy & Mobility's current stock price is ₹842.60. Amara Raja Energy & Mobility's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹322.67. Amara Raja Energy & Mobility's Cyclically Adjusted PB Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amara Raja Energy & Mobility was 6.53. The lowest was 2.25. And the median was 3.49.


Amara Raja Energy & Mobility  (NSE:ARE&M) 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.

Amara Raja Energy & Mobility's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=842.60/322.67
=2.61

* 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 Amara Raja Energy & Mobility was 6.53. The lowest was 2.25. And the median was 3.49.


Be Aware

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


Amara Raja Energy & Mobility Cyclically Adjusted Book per Share Related Terms


Amara Raja Energy & Mobility Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Amara Raja Energy & Mobility'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.

Amara Raja Energy & Mobility Cyclically Adjusted Book per Share Chart

Amara Raja Energy & Mobility 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 194.80 222.74 254.54 286.26 322.67

Amara Raja Energy & Mobility 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 286.26 0.00 306.87 0.00 322.67

NSE:ARE&M vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Amara Raja Energy & Mobility'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.


Amara Raja Energy & Mobility Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amara Raja Energy & Mobility's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Amara Raja Energy & Mobility's Cyclically Adjusted PB Ratio falls into.


NSE:ARE&M
98GF Score
Amara Raja Energy & Mobility Ltd NSE:ARE&M
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Amara Raja Energy & Mobility 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, Amara Raja Energy & Mobility'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)
=442.506/164.2724*164.2724
=442.506

Current CPI (Mar. 2026) = 164.2724.

Amara Raja Energy & Mobility Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 139.385 105.961 216.090
201612 0.000 105.196 0.000
201703 151.808 105.196 237.061
201706 0.000 107.109 0.000
201709 160.018 109.021 241.114
201712 0.000 109.404 0.000
201803 171.965 109.786 257.310
201806 0.000 111.317 0.000
201809 183.093 115.142 261.218
201812 0.000 115.142 0.000
201903 195.245 118.202 271.343
201906 0.000 120.880 0.000
201909 209.973 123.175 280.031
201912 0.000 126.235 0.000
202003 213.995 124.705 281.893
202006 0.000 127.000 0.000
202009 229.614 130.118 289.885
202012 0.000 130.889 0.000
202103 246.468 131.771 307.261
202106 0.000 134.084 0.000
202109 256.106 135.847 309.695
202112 0.000 138.161 0.000
202203 266.518 138.822 315.380
202206 0.000 142.347 0.000
202209 292.080 144.661 331.676
202212 0.000 145.763 0.000
202303 351.673 146.865 393.357
202306 0.000 150.280 0.000
202309 331.364 151.492 359.319
202312 0.000 152.924 0.000
202403 371.465 153.035 398.743
202406 0.000 155.789 0.000
202409 396.985 157.882 413.053
202412 0.000 158.323 0.000
202503 403.722 157.552 420.944
202506 0.000 159.755 0.000
202509 422.742 162.289 427.908
202512 0.000 163.281 0.000
202603 442.506 164.272 442.506

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 ₹322.67 mean?
Amara Raja Energy & Mobility (NSE:ARE&M) has a Cyclically Adjusted Book per Share of ₹322.67 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 Amara Raja Energy & Mobility and its competitors.
Is Amara Raja Energy & Mobility's Cyclically Adjusted Book per Share too high?
Amara Raja Energy & Mobility's current Cyclically Adjusted Book per Share is ₹322.67. Overall, Amara Raja Energy & Mobility has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amara Raja Energy & Mobility's Cyclically Adjusted Book per Share compare to VRT and BE?
Amara Raja Energy & Mobility's Cyclically Adjusted Book per Share of ₹322.67 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Amara Raja Energy & Mobility and its competitors. Amara Raja Energy & Mobility's current Cyclically Adjusted Book per Share is ₹322.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amara Raja Energy & Mobility stock overvalued right now?
Based on GuruFocus' analysis, Amara Raja Energy & Mobility (NSE:ARE&M) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,071.16, compared to a current price of ₹842.60 — trading 21.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹322.67. Amara Raja Energy & Mobility's overall GF Score™ is 98/100 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 Amara Raja Energy & Mobility (NSE:ARE&M), the current Cyclically Adjusted Book per Share is ₹322.67 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 Amara Raja Energy & Mobility (NSE:ARE&M) Overvalued in 2026?

Based on GuruFocus' analysis, Amara Raja Energy & Mobility stock appears to be undervalued. The current stock price of ₹842.60 is trading 21.3% below its estimated GF Value™ of ₹1,071.16. GuruFocus considers Amara Raja Energy & Mobility to be Modestly Undervalued.

Key valuation signals for NSE:ARE&M:

  • Cyclically Adjusted Book per Share: ₹322.67
  • GF Value™: ₹1,071.16 vs. price of ₹842.60 (21.3% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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


Amara Raja Energy & Mobility Business Description

Other Exchanges 500008:India
Address Terminal A, 1-18/1/AMR/NR, Nanakramguda Gachibowli, Hyderabad, TG, IND, 500032
Amara Raja Energy & Mobility Ltd is an India-based battery maker for both industrial and automotive applications in the Indian storage battery industry. It offers Li-ion cells, battery packs, and charging solutions for Light Electric Vehicles and the telecom industry. The company's reportable segments are; Lead acid and allied products, and Others. The majority of its revenue is generated from the Lead acid and allied products segment. The others segment includes predominantly the manufacture and sale of new energy business-related products. Geographically, the derives its key revenue from India and also exports its products to various other countries.
98GF Score

Get the complete analysis for NSE:ARE&M

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

₹842.60
Price
₹1,071.16
GF Value