The Shipping of India (NSE:SCI) Cyclically Adjusted Book per Share: ₹203.26 (As of Mar. 2026)


NSE:SCI The Shipping Corp of India Ltd NSE:SCI
72 GF Score
Price ₹303.55
GF Value ₹229.10
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is The Shipping of India Cyclically Adjusted Book per Share?

The Shipping of India NSE:SCI +0.80% 72 Cyclically Adjusted Book per Share is ₹203.26 as of Mar. 2026. GuruFocus rates NSE:SCI with a GF Score™ of 72/100 and a GF Value™ of ₹229.10 (Significantly Overvalued). The stock has 6 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.

The Shipping of India's adjusted book value per share for the three months ended in Mar. 2026 was ₹195.284. 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 ₹203.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Shipping of India's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The Shipping of India was 0.30% per year. The lowest was -3.50% per year. And the median was -3.20% per year.

As of today (2026-07-03), The Shipping of India's current stock price is ₹303.55. The Shipping of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹203.26. The Shipping of India's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Shipping of India was 1.67. The lowest was 0.26. And the median was 0.73.


The Shipping of India  (NSE:SCI) 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.

The Shipping of India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=303.55/203.26
=1.49

* 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 The Shipping of India was 1.67. The lowest was 0.26. And the median was 0.73.


Be Aware

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


The Shipping of India Cyclically Adjusted Book per Share Related Terms


The Shipping of India Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Shipping of 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.

The Shipping of India Cyclically Adjusted Book per Share Chart

The Shipping of 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 220.51 200.89 201.18 199.79 203.26

The Shipping of 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 199.79 0.00 202.81 0.00 203.26

The Shipping of India Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, The Shipping of 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.


The Shipping of India Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, The Shipping of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:SCI
72GF Score
The Shipping Corp of India Ltd NSE:SCI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Shipping of 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, The Shipping of 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)
=195.284/164.2724*164.2724
=195.284

Current CPI (Mar. 2026) = 164.2724.

The Shipping of India Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 128.627 97.163 217.468
201506 0.000 99.841 0.000
201509 147.230 101.753 237.691
201512 0.000 102.901 0.000
201603 143.757 102.518 230.352
201703 148.006 105.196 231.124
201803 155.330 109.786 232.419
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 154.213 118.202 214.319
201906 0.000 120.880 0.000
201909 152.229 123.175 203.020
201912 0.000 126.235 0.000
202003 160.663 124.705 211.639
202006 0.000 127.000 0.000
202009 170.107 130.118 214.758
202012 0.000 130.889 0.000
202103 175.345 131.771 218.595
202106 0.000 134.084 0.000
202109 184.226 135.847 222.774
202112 0.000 138.161 0.000
202203 128.257 138.822 151.771
202206 0.000 142.347 0.000
202209 201.829 144.661 229.190
202212 0.000 145.763 0.000
202303 148.183 146.865 165.747
202306 0.000 150.280 0.000
202309 152.771 151.492 165.659
202312 0.000 152.924 0.000
202403 161.862 153.035 173.748
202406 0.000 155.789 0.000
202409 173.050 157.882 180.054
202412 0.000 158.323 0.000
202503 178.440 157.552 186.052
202506 0.000 159.755 0.000
202509 183.145 162.289 185.383
202512 0.000 163.281 0.000
202603 195.284 164.272 195.284

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 ₹203.26 mean?
The Shipping of India (NSE:SCI) has a Cyclically Adjusted Book per Share of ₹203.26 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 The Shipping of India and its competitors.
Is The Shipping of India's Cyclically Adjusted Book per Share too high?
The Shipping of India's current Cyclically Adjusted Book per Share is ₹203.26. Overall, The Shipping of India has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Shipping of India's Cyclically Adjusted Book per Share compare to competitors?
The Shipping of India's Cyclically Adjusted Book per Share of ₹203.26 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 The Shipping of India and its competitors. The Shipping of India's current Cyclically Adjusted Book per Share is ₹203.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Shipping of India stock overvalued right now?
Based on GuruFocus' analysis, The Shipping of India (NSE:SCI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹229.10, compared to a current price of ₹303.55 — trading 32.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹203.26. The Shipping of India's overall GF Score™ is 72/100 with 6 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 The Shipping of India (NSE:SCI), the current Cyclically Adjusted Book per Share is ₹203.26 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 The Shipping of India (NSE:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, The Shipping of India stock appears to be overvalued. The current stock price of ₹303.55 is trading 32.5% above its estimated GF Value™ of ₹229.10. GuruFocus considers The Shipping of India to be Significantly Overvalued.

Key valuation signals for NSE:SCI:

  • Cyclically Adjusted Book per Share: ₹203.26
  • GF Value™: ₹229.10 vs. price of ₹303.55 (32.5% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


The Shipping of India Business Description

Other Exchanges 523598:India
Address 245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger, and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the other segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.
72GF Score

Get the complete analysis for NSE:SCI

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

₹303.55
Price
₹229.10
GF Value