Shree Ajit Pulp And Paper (NSE:SAPPL) Cyclically Adjusted Book per Share: ₹0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SAPPL Shree Ajit Pulp And Paper Ltd NSE:SAPPL
64 GF Score
Price ₹284.10
GF Value ₹367.52
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Shree Ajit Pulp And Paper Cyclically Adjusted Book per Share?

Shree Ajit Pulp And Paper NSE:SAPPL -1.88% 64 Cyclically Adjusted Book per Share is ₹0.00 as of Mar. 2026. GuruFocus rates NSE:SAPPL with a GF Score™ of 64/100 and a GF Value™ of ₹367.52 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Shree Ajit Pulp And Paper's adjusted book value per share for the three months ended in Mar. 2026 was ₹312.489. 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 Mar. 2026.

During the past 12 months, Shree Ajit Pulp And Paper's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Shree Ajit Pulp And Paper was 13.30% per year. The lowest was 9.80% per year. And the median was 11.10% per year.

As of today (2026-08-21), Shree Ajit Pulp And Paper's current stock price is ₹284.10. Shree Ajit Pulp And Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹0.00. Shree Ajit Pulp And Paper's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shree Ajit Pulp And Paper was 1.60. The lowest was 0.78. And the median was 1.06.


Shree Ajit Pulp And Paper  (NSE:SAPPL) 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 Shree Ajit Pulp And Paper was 1.60. The lowest was 0.78. And the median was 1.06.


Be Aware

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


Shree Ajit Pulp And Paper Cyclically Adjusted Book per Share Related Terms


Shree Ajit Pulp And Paper Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shree Ajit Pulp And Paper'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.

Shree Ajit Pulp And Paper Cyclically Adjusted Book per Share Chart

Shree Ajit Pulp And Paper 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 0.00 0.00

Shree Ajit Pulp And Paper 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 0.00 0.00 0.00 0.00 0.00

NSE:SAPPL vs : Cyclically Adjusted Book per Share Comparison

For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.


Shree Ajit Pulp And Paper Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shree Ajit Pulp And Paper's Cyclically Adjusted PB Ratio falls into.


NSE:SAPPL
64GF Score
Shree Ajit Pulp And Paper Ltd NSE:SAPPL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shree Ajit Pulp And Paper 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, Shree Ajit Pulp And Paper'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)
=312.489/330.2130*330.2130
=312.489

Current CPI (Mar. 2026) = 330.2130.

Shree Ajit Pulp And Paper Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 116.708 241.428 159.627
201612 0.000 241.432 0.000
201703 117.622 243.801 159.312
201706 0.000 244.955 0.000
201709 122.909 246.819 164.437
201712 0.000 246.524 0.000
201803 126.488 249.554 167.371
201806 0.000 251.989 0.000
201809 144.359 252.439 188.835
201812 0.000 251.233 0.000
201903 156.155 254.202 202.848
201906 0.000 256.143 0.000
201909 169.450 256.759 217.927
201912 0.000 256.974 0.000
202003 180.740 258.115 231.225
202006 0.000 257.797 0.000
202009 186.081 260.280 236.078
202012 0.000 260.474 0.000
202103 210.341 264.877 262.225
202106 0.000 271.696 0.000
202109 228.221 274.310 274.731
202112 0.000 278.802 0.000
202203 237.059 287.504 272.274
202206 0.000 296.311 0.000
202209 242.690 296.808 270.004
202212 0.000 296.797 0.000
202303 262.463 301.836 287.138
202306 0.000 305.109 0.000
202309 260.845 307.789 279.849
202312 0.000 306.746 0.000
202403 254.545 312.332 269.118
202406 0.000 314.175 0.000
202409 311.515 315.301 326.248
202412 0.000 315.605 0.000
202503 297.983 319.799 307.687
202506 0.000 322.561 0.000
202509 293.142 324.800 298.027
202512 0.000 324.054 0.000
202603 312.489 330.213 312.489

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?
Shree Ajit Pulp And Paper (NSE:SAPPL) has a Cyclically Adjusted Book per Share of ₹0.00 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 Shree Ajit Pulp And Paper and its competitors.
Is Shree Ajit Pulp And Paper's Cyclically Adjusted Book per Share too high?
Shree Ajit Pulp And Paper's current Cyclically Adjusted Book per Share is ₹0.00. Overall, Shree Ajit Pulp And Paper has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shree Ajit Pulp And Paper's Cyclically Adjusted Book per Share compare to ?
Shree Ajit Pulp And Paper's Cyclically Adjusted Book per Share of ₹0.00 can be compared against companies in the Forest 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 a Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest 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 Shree Ajit Pulp And Paper and its competitors. Shree Ajit Pulp And Paper'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 Shree Ajit Pulp And Paper stock overvalued right now?
Based on GuruFocus' analysis, Shree Ajit Pulp And Paper (NSE:SAPPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹367.52, compared to a current price of ₹284.10 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹0.00. Shree Ajit Pulp And Paper's overall GF Score™ is 64/100 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 Shree Ajit Pulp And Paper (NSE:SAPPL), the current Cyclically Adjusted Book per Share is ₹0.00 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 Shree Ajit Pulp And Paper (NSE:SAPPL) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Ajit Pulp And Paper stock appears to be undervalued. The current stock price of ₹284.10 is trading 22.7% below its estimated GF Value™ of ₹367.52. GuruFocus considers Shree Ajit Pulp And Paper to be Modestly Undervalued.

Key valuation signals for NSE:SAPPL:

  • Cyclically Adjusted Book per Share: ₹0.00
  • GF Value™: ₹367.52 vs. price of ₹284.10 (22.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Shree Ajit Pulp And Paper Business Description

Comparable Companies
Other Exchanges 538795:India
Address Survey No. 239, Village Salvav, Near Morai Railway Crossing, Via-Vapi, District Valsad, Vapi, GJ, IND, 396191
Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of Kraft Paper (Testliner/Multilayer Testliner), which is mainly used for the manufacturing of corrugated boxes. The product includes multilayer test liner and test liner paper, and is available in two shades, which are natural and golden yellow. The Kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material. Geographically, the company derives all of its revenue from its business in India.
64GF Score

Get the complete analysis for NSE:SAPPL

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

₹284.10
Price
₹367.52
GF Value