Blue Dart Express (NSE:BLUEDART) Cyclically Adjusted Book per Share: ₹452.68 (As of Mar. 2026)

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NSE:BLUEDART Blue Dart Express Ltd NSE:BLUEDART
87 GF Score
Price ₹4,903.60
GF Value ₹7,619.96
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Blue Dart Express Cyclically Adjusted Book per Share?

Blue Dart Express NSE:BLUEDART -0.85% 87 Cyclically Adjusted Book per Share is ₹452.68 as of Mar. 2026. GuruFocus rates NSE:BLUEDART with a GF Score™ of 87/100 and a GF Value™ of ₹7,619.96 (Significantly 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.

Blue Dart Express's adjusted book value per share for the three months ended in Mar. 2026 was ₹748.833. 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 ₹452.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Blue Dart Express's average Cyclically Adjusted Book Growth Rate was 10.20% 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.

As of today (2026-07-15), Blue Dart Express's current stock price is ₹4903.60. Blue Dart Express's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹452.68. Blue Dart Express's Cyclically Adjusted PB Ratio of today is 10.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Blue Dart Express was 21.76. The lowest was 10.41. And the median was 14.40.


Blue Dart Express  (NSE:BLUEDART) 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.

Blue Dart Express's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4903.60/452.68
=10.83

* 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 Blue Dart Express was 21.76. The lowest was 10.41. And the median was 14.40.


Be Aware

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


Blue Dart Express Cyclically Adjusted Book per Share Related Terms


Blue Dart Express Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Blue Dart Express'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.

Blue Dart Express Cyclically Adjusted Book per Share Chart

Blue Dart Express 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 0.00 0.00 0.00 409.04 452.68

Blue Dart Express 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 409.04 0.00 436.70 0.00 452.68

NSE:BLUEDART vs UPS, FDX, JBHT: Cyclically Adjusted Book per Share Comparison

For the Integrated Freight & Logistics subindustry, Blue Dart Express'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.


Blue Dart Express Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Blue Dart Express's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:BLUEDART
87GF Score
Blue Dart Express Ltd NSE:BLUEDART
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Dart Express 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, Blue Dart Express'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)
=748.833/164.2724*164.2724
=748.833

Current CPI (Mar. 2026) = 164.2724.

Blue Dart Express Quarterly Data

Book Value per Share CPI Adj_Book
201012 229.710 70.768 533.220
201112 279.724 75.359 609.764
201403 270.971 91.425 486.881
201503 126.062 97.163 213.132
201603 160.949 102.518 257.900
201703 181.001 105.196 282.648
201709 0.000 109.021 0.000
201803 224.128 109.786 335.361
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 243.476 118.202 338.373
201906 0.000 120.880 0.000
201909 237.100 123.175 316.209
201912 0.000 126.235 0.000
202003 206.857 124.705 272.490
202006 0.000 127.000 0.000
202009 171.662 130.118 216.721
202012 0.000 130.889 0.000
202103 249.477 131.771 311.012
202106 0.000 134.084 0.000
202109 285.818 135.847 345.624
202112 0.000 138.161 0.000
202203 367.494 138.822 434.868
202206 0.000 142.347 0.000
202209 433.357 144.661 492.106
202212 0.000 145.763 0.000
202303 497.117 146.865 556.040
202306 0.000 150.280 0.000
202309 512.736 151.492 555.992
202312 0.000 152.924 0.000
202403 576.226 153.035 618.540
202406 0.000 155.789 0.000
202409 600.489 157.882 624.793
202412 0.000 158.323 0.000
202503 657.047 157.552 685.075
202506 0.000 159.755 0.000
202509 687.513 162.289 695.915
202512 0.000 163.281 0.000
202603 748.833 164.272 748.833

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 ₹452.68 mean?
Blue Dart Express (NSE:BLUEDART) has a Cyclically Adjusted Book per Share of ₹452.68 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 Blue Dart Express and its competitors.
Is Blue Dart Express' Cyclically Adjusted Book per Share too high?
Blue Dart Express' current Cyclically Adjusted Book per Share is ₹452.68. Overall, Blue Dart Express has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Dart Express' Cyclically Adjusted Book per Share compare to UPS and FDX?
Blue Dart Express' Cyclically Adjusted Book per Share of ₹452.68 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Blue Dart Express and its competitors. Blue Dart Express's current Cyclically Adjusted Book per Share is ₹452.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Dart Express stock overvalued right now?
Based on GuruFocus' analysis, Blue Dart Express (NSE:BLUEDART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7,619.96, compared to a current price of ₹4,903.60 — trading 35.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹452.68. Blue Dart Express' overall GF Score™ is 87/100 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 Blue Dart Express (NSE:BLUEDART), the current Cyclically Adjusted Book per Share is ₹452.68 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 Blue Dart Express (NSE:BLUEDART) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Dart Express stock appears to be undervalued. The current stock price of ₹4,903.60 is trading 35.6% below its estimated GF Value™ of ₹7,619.96. GuruFocus considers Blue Dart Express to be Significantly Undervalued.

Key valuation signals for NSE:BLUEDART:

  • Cyclically Adjusted Book per Share: ₹452.68
  • GF Value™: ₹7,619.96 vs. price of ₹4,903.60 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Blue Dart Express Business Description

Other Exchanges 526612:India
Address Sahar Airport Road, Blue Dart Centre, Andheri (East), Mumbai, MH, IND, 400 099
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.
87GF Score

Get the complete analysis for NSE:BLUEDART

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

₹4,903.60
Price
₹7,619.96
GF Value