Kanel Industries (BOM:500236) Cyclically Adjusted PB Ratio: (As of Aug. 19, 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.

BOM:500236 Kanel Industries Ltd BOM:500236
24 GF Score
Price ₹62.31
! 1 Warning Sign
View Full Analysis

What is Kanel Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanel Industries  (BOM:500236) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Kanel Industries Cyclically Adjusted PB Ratio Related Terms


Kanel Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kanel Industries's Cyclically Adjusted PB Ratio 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.

Kanel Industries Cyclically Adjusted PB Ratio Chart

Kanel Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Kanel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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

BOM:500236 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Kanel Industries'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.


Kanel Industries Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanel Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:500236
24GF Score
Kanel Industries Ltd BOM:500236
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanel Industries Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Kanel Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kanel Industries'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)
=9.796/164.2724*164.2724
=9.796

Current CPI (Mar. 2026) = 164.2724.

Kanel Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 -34.860 105.961 -54.044
201612 0.000 105.196 0.000
201703 -47.078 105.196 -73.516
201706 0.000 107.109 0.000
201709 -47.765 109.021 -71.972
201712 0.000 109.404 0.000
201803 -47.786 109.786 -71.502
201806 0.000 111.317 0.000
201809 -50.017 115.142 -71.359
201812 0.000 115.142 0.000
201903 -50.832 118.202 -70.644
201906 0.000 120.880 0.000
201909 -51.735 123.175 -68.996
201912 0.000 126.235 0.000
202003 -52.444 124.705 -69.084
202006 0.000 127.000 0.000
202009 -52.863 130.118 -66.739
202012 0.000 130.889 0.000
202103 -53.801 131.771 -67.071
202106 0.000 134.084 0.000
202109 -52.771 135.847 -63.813
202112 0.000 138.161 0.000
202203 -53.675 138.822 -63.515
202206 0.000 142.347 0.000
202209 -54.503 144.661 -61.892
202212 0.000 145.763 0.000
202303 -55.058 146.865 -61.584
202306 0.000 150.280 0.000
202309 -55.195 151.492 -59.851
202312 0.000 152.924 0.000
202403 -57.171 153.035 -61.369
202406 0.000 155.789 0.000
202409 -57.251 157.882 -59.568
202412 0.000 158.323 0.000
202503 10.100 157.552 10.531
202506 0.000 159.755 0.000
202509 9.838 162.289 9.958
202512 0.000 163.281 0.000
202603 9.796 164.272 9.796

Add all the adjusted book value per share together and divide the count will get our 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.


Kanel Industries Business Description

Address Sindhubhavan Road, 1503, Westport, Near S.P Ring Road, Ellisbridge, Ahmedabad, GJ, IND, 380059
Kanel Industries Ltd is engaged in the business of trading cottonseed oil, groundnut oil, sunflower oil, palmolein oil, castor oil, and soyabean oil. The castor oil division constitutes the core business activity of the company, manufacturing and exporting various grades of castor oil.
24GF Score

Get the complete analysis for BOM:500236

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

₹62.31
Price