Rashtriya Chemicals & Fertilizers (NSE:RCF) Cyclically Adjusted Book per Share: ₹83.64 (As of Mar. 2026)


NSE:RCF Rashtriya Chemicals & Fertilizers Ltd NSE:RCF
73 GF Score
Price ₹132.98
GF Value ₹361.75
Valuation Possible Value Trap
! 4 Warning Signs
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What is Rashtriya Chemicals & Fertilizers Cyclically Adjusted Book per Share?

Rashtriya Chemicals & Fertilizers NSE:RCF +0.19% 73 Cyclically Adjusted Book per Share is ₹83.64 as of Mar. 2026. GuruFocus rates NSE:RCF with a GF Score™ of 73/100 and a GF Value™ of ₹361.75 (Possible Value Trap). The stock has 4 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.

Rashtriya Chemicals & Fertilizers's adjusted book value per share for the three months ended in Mar. 2026 was ₹92.828. 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 ₹83.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rashtriya Chemicals & Fertilizers's average Cyclically Adjusted Book Growth Rate was 4.40% 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 (2026-07-04), Rashtriya Chemicals & Fertilizers's current stock price is ₹132.98. Rashtriya Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹83.64. Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rashtriya Chemicals & Fertilizers was 2.24. The lowest was 1.37. And the median was 1.79.


Rashtriya Chemicals & Fertilizers  (NSE:RCF) 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.

Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.98/83.64
=1.59

* 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 Rashtriya Chemicals & Fertilizers was 2.24. The lowest was 1.37. And the median was 1.79.


Be Aware

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


Rashtriya Chemicals & Fertilizers Cyclically Adjusted Book per Share Related Terms


Rashtriya Chemicals & Fertilizers Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rashtriya Chemicals & Fertilizers'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.

Rashtriya Chemicals & Fertilizers Cyclically Adjusted Book per Share Chart

Rashtriya Chemicals & Fertilizers 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 80.17 83.64

Rashtriya Chemicals & Fertilizers 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 80.17 0.00 82.51 0.00 83.64

NSE:RCF vs CTVA, CF, MOS: Cyclically Adjusted Book per Share Comparison

For the Agricultural Inputs subindustry, Rashtriya Chemicals & Fertilizers'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.


Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio vs Agriculture Industry

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

* The bar in red indicates where Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio falls into.


NSE:RCF
73GF Score
Rashtriya Chemicals & Fertilizers Ltd NSE:RCF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rashtriya Chemicals & Fertilizers 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, Rashtriya Chemicals & Fertilizers'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)
=92.828/164.2724*164.2724
=92.828

Current CPI (Mar. 2026) = 164.2724.

Rashtriya Chemicals & Fertilizers Quarterly Data

Book Value per Share CPI Adj_Book
201103 36.443 70.768 84.594
201203 39.326 76.889 84.020
201303 42.519 85.687 81.514
201403 45.135 91.425 81.099
201503 50.102 97.163 84.707
201603 51.059 102.518 81.815
201703 53.020 105.196 82.795
201803 53.105 109.786 79.461
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 54.895 118.202 76.291
201906 0.000 120.880 0.000
201909 53.594 123.175 71.476
201912 0.000 126.235 0.000
202003 57.789 124.705 76.125
202006 0.000 127.000 0.000
202009 59.766 130.118 75.454
202012 0.000 130.889 0.000
202103 60.746 131.771 75.729
202106 0.000 134.084 0.000
202109 66.228 135.847 80.086
202112 0.000 138.161 0.000
202203 70.364 138.822 83.264
202206 0.000 142.347 0.000
202209 80.493 144.661 91.405
202212 0.000 145.763 0.000
202303 83.201 146.865 93.063
202306 0.000 150.280 0.000
202309 85.313 151.492 92.510
202312 0.000 152.924 0.000
202403 83.485 153.035 89.616
202406 0.000 155.789 0.000
202409 83.776 157.882 87.167
202412 0.000 158.323 0.000
202503 86.015 157.552 89.684
202506 0.000 159.755 0.000
202509 89.215 162.289 90.305
202512 0.000 163.281 0.000
202603 92.828 164.272 92.828

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 ₹83.64 mean?
Rashtriya Chemicals & Fertilizers (NSE:RCF) has a Cyclically Adjusted Book per Share of ₹83.64 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 Rashtriya Chemicals & Fertilizers and its competitors.
Is Rashtriya Chemicals & Fertilizers' Cyclically Adjusted Book per Share too high?
Rashtriya Chemicals & Fertilizers' current Cyclically Adjusted Book per Share is ₹83.64. Overall, Rashtriya Chemicals & Fertilizers has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rashtriya Chemicals & Fertilizers' Cyclically Adjusted Book per Share compare to CTVA and CF?
Rashtriya Chemicals & Fertilizers' Cyclically Adjusted Book per Share of ₹83.64 can be compared against companies in the Agriculture 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 Agriculture company?
A good Cyclically Adjusted Book per Share depends on the Agriculture 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 Rashtriya Chemicals & Fertilizers and its competitors. Rashtriya Chemicals & Fertilizers's current Cyclically Adjusted Book per Share is ₹83.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rashtriya Chemicals & Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Rashtriya Chemicals & Fertilizers (NSE:RCF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹361.75, compared to a current price of ₹132.98 — trading 63.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹83.64. Rashtriya Chemicals & Fertilizers' overall GF Score™ is 73/100 with 4 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 Rashtriya Chemicals & Fertilizers (NSE:RCF), the current Cyclically Adjusted Book per Share is ₹83.64 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 Rashtriya Chemicals & Fertilizers (NSE:RCF) Overvalued in 2026?

Based on GuruFocus' analysis, Rashtriya Chemicals & Fertilizers stock appears to be undervalued. The current stock price of ₹132.98 is trading 63.2% below its estimated GF Value™ of ₹361.75. GuruFocus considers Rashtriya Chemicals & Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:RCF:

  • Cyclically Adjusted Book per Share: ₹83.64
  • GF Value™: ₹361.75 vs. price of ₹132.98 (63.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Rashtriya Chemicals & Fertilizers Business Description

Other Exchanges 524230:India
Address Eastern Express Highway, Priyadarshini Building, Sion, Mumbai, MH, IND, 400022
Rashtriya Chemicals & Fertilizers Ltd is engaged in the manufacturing and marketing of fertilizers and industrial chemicals. It is a government-owned company under the Ministry of Chemicals and Fertilizers, India. It operates two manufacturing units in Mumbai and Thal, Maharashtra. It produces fertilizers such as urea, complex fertilizers (NPK), bio-fertilizers, micronutrients, and water-soluble fertilizers, along with a range of industrial chemicals used in various industries. The company distributes its products across India and outside India. The company also offers soil testing and farmer training services. The Company has the following operating segments: Fertilizers, Industrial Chemicals, and Trading. The majority revenue generation segment is Industrial Chemicals.
73GF Score

Get the complete analysis for NSE:RCF

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

₹132.98
Price
₹361.75
GF Value