Vinati Organics (NSE:VINATIORGA) Cyclically Adjusted Book per Share: ₹193.60 (As of Mar. 2026)

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NSE:VINATIORGA Vinati Organics Ltd NSE:VINATIORGA
91 GF Score
Price ₹1,291.60
GF Value ₹1,991.79
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Vinati Organics Cyclically Adjusted Book per Share?

Vinati Organics NSE:VINATIORGA -1.71% 91 Cyclically Adjusted Book per Share is ₹193.60 as of Mar. 2026. GuruFocus rates NSE:VINATIORGA with a GF Score™ of 91/100 and a GF Value™ of ₹1,991.79 (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.

Vinati Organics's adjusted book value per share for the three months ended in Mar. 2026 was ₹304.987. 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 ₹193.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vinati Organics's average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.10% 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 Vinati Organics was 22.90% per year. The lowest was 17.90% per year. And the median was 19.00% per year.

As of today (2026-07-24), Vinati Organics's current stock price is ₹1291.60. Vinati Organics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹193.60. Vinati Organics's Cyclically Adjusted PB Ratio of today is 6.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vinati Organics was 24.30. The lowest was 6.52. And the median was 14.12.


Vinati Organics  (NSE:VINATIORGA) 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.

Vinati Organics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1291.60/193.60
=6.67

* 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 Vinati Organics was 24.30. The lowest was 6.52. And the median was 14.12.


Be Aware

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


Vinati Organics Cyclically Adjusted Book per Share Related Terms


Vinati Organics Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vinati Organics'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.

Vinati Organics Cyclically Adjusted Book per Share Chart

Vinati Organics 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 97.81 117.84 141.01 164.70 193.60

Vinati Organics 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 164.70 0.00 179.86 0.00 193.60

NSE:VINATIORGA vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Vinati Organics'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.


Vinati Organics Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vinati Organics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vinati Organics's Cyclically Adjusted PB Ratio falls into.


NSE:VINATIORGA
91GF Score
Vinati Organics Ltd NSE:VINATIORGA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinati Organics 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, Vinati Organics'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)
=304.987/164.2724*164.2724
=304.987

Current CPI (Mar. 2026) = 164.2724.

Vinati Organics Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 58.821 105.961 91.191
201612 0.000 105.196 0.000
201703 65.904 105.196 102.915
201706 0.000 107.109 0.000
201709 71.353 109.021 107.514
201712 0.000 109.404 0.000
201803 77.510 109.786 115.978
201806 0.000 111.317 0.000
201809 87.376 115.142 124.659
201812 0.000 115.142 0.000
201903 102.282 118.202 142.147
201906 0.000 120.880 0.000
201909 116.780 123.175 155.744
201912 0.000 126.235 0.000
202003 124.478 124.705 163.973
202006 0.000 127.000 0.000
202009 137.029 130.118 172.998
202012 0.000 130.889 0.000
202103 150.163 131.771 187.202
202106 0.000 134.084 0.000
202109 159.935 135.847 193.401
202112 0.000 138.161 0.000
202203 181.114 138.822 214.318
202206 0.000 142.347 0.000
202209 192.458 144.661 218.549
202212 0.000 145.763 0.000
202303 215.308 146.865 240.828
202306 0.000 150.280 0.000
202309 225.039 151.492 244.024
202312 0.000 152.924 0.000
202403 237.453 153.035 254.890
202406 0.000 155.789 0.000
202409 248.548 157.882 258.608
202412 0.000 158.323 0.000
202503 269.450 157.552 280.944
202506 0.000 159.755 0.000
202509 283.050 162.289 286.509
202512 0.000 163.281 0.000
202603 304.987 164.272 304.987

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 ₹193.60 mean?
Vinati Organics (NSE:VINATIORGA) has a Cyclically Adjusted Book per Share of ₹193.60 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 Vinati Organics and its competitors.
Is Vinati Organics' Cyclically Adjusted Book per Share too high?
Vinati Organics' current Cyclically Adjusted Book per Share is ₹193.60. Overall, Vinati Organics has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinati Organics' Cyclically Adjusted Book per Share compare to LIN and SHW?
Vinati Organics' Cyclically Adjusted Book per Share of ₹193.60 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Vinati Organics and its competitors. Vinati Organics's current Cyclically Adjusted Book per Share is ₹193.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinati Organics stock overvalued right now?
Based on GuruFocus' analysis, Vinati Organics (NSE:VINATIORGA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,991.79, compared to a current price of ₹1,291.60 — trading 35.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹193.60. Vinati Organics' overall GF Score™ is 91/100 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 Vinati Organics (NSE:VINATIORGA), the current Cyclically Adjusted Book per Share is ₹193.60 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 Vinati Organics (NSE:VINATIORGA) Overvalued in 2026?

Based on GuruFocus' analysis, Vinati Organics stock appears to be undervalued. The current stock price of ₹1,291.60 is trading 35.2% below its estimated GF Value™ of ₹1,991.79. GuruFocus considers Vinati Organics to be Significantly Undervalued.

Key valuation signals for NSE:VINATIORGA:

  • Cyclically Adjusted Book per Share: ₹193.60
  • GF Value™: ₹1,991.79 vs. price of ₹1,291.60 (35.2% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Vinati Organics Business Description

Other Exchanges 524200:India
Address Parinee Crescenzo, A Wing, 11th Floor, 1102, G Block, Plot No. C38 and C39, Behind MCA, Bandra-Kurla Comple, Bandra (East), Mumbai, MH, IND, 400 051
Vinati Organics Ltd is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries. The company's product portfolio consists of Speciality Monomers, Speciality Aromatics, Other specialty products, Butyl Phenols, Antioxidants, and Miscellaneous Polymers. Its operating segment includes the manufacturing of chemicals. The company exports products to customers across the U.S., Europe, and Asia.
91GF Score

Get the complete analysis for NSE:VINATIORGA

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

₹1,291.60
Price
₹1,991.79
GF Value