RHI Magnesita India (NSE:RHIM) Cyclically Adjusted Book per Share: ₹102.56 (As of Mar. 2026)


NSE:RHIM RHI Magnesita India Ltd NSE:RHIM
78 GF Score
Price ₹384.30
GF Value ₹617.82
Valuation Significantly Undervalued
! 3 Warning Signs
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What is RHI Magnesita India Cyclically Adjusted Book per Share?

RHI Magnesita India NSE:RHIM -4.69% 78 Cyclically Adjusted Book per Share is ₹102.56 as of Mar. 2026. GuruFocus rates NSE:RHIM with a GF Score™ of 78/100 and a GF Value™ of ₹617.82 (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.

RHI Magnesita India's adjusted book value per share for the three months ended in Mar. 2026 was ₹172.418. 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 ₹102.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, RHI Magnesita India's average Cyclically Adjusted Book Growth Rate was 23.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of RHI Magnesita India was 35.70% per year. The lowest was 31.40% per year. And the median was 33.55% per year.

As of today (2026-07-04), RHI Magnesita India's current stock price is ₹384.30. RHI Magnesita India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹102.56. RHI Magnesita India's Cyclically Adjusted PB Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RHI Magnesita India was 22.38. The lowest was 3.55. And the median was 11.77.


RHI Magnesita India  (NSE:RHIM) 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.

RHI Magnesita India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=384.30/102.56
=3.75

* 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 RHI Magnesita India was 22.38. The lowest was 3.55. And the median was 11.77.


Be Aware

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


RHI Magnesita India Cyclically Adjusted Book per Share Related Terms


RHI Magnesita India Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for RHI Magnesita India'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.

RHI Magnesita India Cyclically Adjusted Book per Share Chart

RHI Magnesita India 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 33.29 45.12 64.59 83.52 102.56

RHI Magnesita India 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 83.52 0.00 93.99 0.00 102.56

NSE:RHIM vs CRS, ATI, MLI: Cyclically Adjusted Book per Share Comparison

For the Metal Fabrication subindustry, RHI Magnesita India'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.


RHI Magnesita India Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:RHIM
78GF Score
RHI Magnesita India Ltd NSE:RHIM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RHI Magnesita India 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, RHI Magnesita India'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)
=172.418/164.2724*164.2724
=172.418

Current CPI (Mar. 2026) = 164.2724.

RHI Magnesita India Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 19.882 105.961 30.823
201612 0.000 105.196 0.000
201703 22.746 105.196 35.520
201706 0.000 107.109 0.000
201709 23.241 109.021 35.019
201712 0.000 109.404 0.000
201803 26.870 109.786 40.205
201806 0.000 111.317 0.000
201809 27.504 115.142 39.240
201812 0.000 115.142 0.000
201903 31.317 118.202 43.523
201906 0.000 120.880 0.000
201909 32.227 123.175 42.980
201912 0.000 126.235 0.000
202003 58.540 124.705 77.114
202006 0.000 127.000 0.000
202009 35.486 130.118 44.801
202012 0.000 130.889 0.000
202103 67.070 131.771 83.613
202106 0.000 134.084 0.000
202109 52.988 135.847 64.076
202112 0.000 138.161 0.000
202203 63.897 138.822 75.611
202206 0.000 142.347 0.000
202209 71.030 144.661 80.659
202212 0.000 145.763 0.000
202303 153.782 146.865 172.010
202306 0.000 150.280 0.000
202309 196.854 151.492 213.461
202312 0.000 152.924 0.000
202403 186.233 153.035 199.909
202406 0.000 155.789 0.000
202409 189.483 157.882 197.152
202412 0.000 158.323 0.000
202503 193.637 157.552 201.897
202506 0.000 159.755 0.000
202509 194.676 162.289 197.055
202512 0.000 163.281 0.000
202603 172.418 164.272 172.418

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 ₹102.56 mean?
RHI Magnesita India (NSE:RHIM) has a Cyclically Adjusted Book per Share of ₹102.56 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 RHI Magnesita India and its competitors.
Is RHI Magnesita India's Cyclically Adjusted Book per Share too high?
RHI Magnesita India's current Cyclically Adjusted Book per Share is ₹102.56. Overall, RHI Magnesita India has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's Cyclically Adjusted Book per Share compare to CRS and ATI?
RHI Magnesita India's Cyclically Adjusted Book per Share of ₹102.56 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 RHI Magnesita India and its competitors. RHI Magnesita India's current Cyclically Adjusted Book per Share is ₹102.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹617.82, compared to a current price of ₹384.30 — trading 37.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹102.56. RHI Magnesita India's overall GF Score™ is 78/100 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 RHI Magnesita India (NSE:RHIM), the current Cyclically Adjusted Book per Share is ₹102.56 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?

Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued. The current stock price of ₹384.30 is trading 37.8% below its estimated GF Value™ of ₹617.82. GuruFocus considers RHI Magnesita India to be Significantly Undervalued.

Key valuation signals for NSE:RHIM:

  • Cyclically Adjusted Book per Share: ₹102.56
  • GF Value™: ₹617.82 vs. price of ₹384.30 (37.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


RHI Magnesita India Business Description

Other Exchanges 534076:India
Address Jacaranda Marg, 19th & 20th Floor, DLF Square, M-Block. Phase II, DLF City, Gurugram, HR, IND, 122002
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
78GF Score

Get the complete analysis for NSE:RHIM

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

₹384.30
Price
₹617.82
GF Value