Panyam Cements & Mineral Industries (BOM:500322) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

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BOM:500322 Panyam Cements & Mineral Industries Ltd BOM:500322
20 GF Score
Price ₹115.70
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What is Panyam Cements & Mineral Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Panyam Cements & Mineral Industries  (BOM:500322) 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.


Panyam Cements & Mineral Industries Cyclically Adjusted PB Ratio Related Terms


Panyam Cements & Mineral Industries Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Panyam Cements & Mineral 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.

Panyam Cements & Mineral Industries Cyclically Adjusted PB Ratio Chart

Panyam Cements & Mineral Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
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Panyam Cements & Mineral Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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BOM:500322 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Panyam Cements & Mineral 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.


Panyam Cements & Mineral Industries Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Panyam Cements & Mineral Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Panyam Cements & Mineral Industries's Cyclically Adjusted PB Ratio falls into.


BOM:500322
20GF Score
Panyam Cements & Mineral Industries Ltd BOM:500322
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Panyam Cements & Mineral 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.

Panyam Cements & Mineral Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Panyam Cements & Mineral Industries's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/163.2808*163.2808
=0.000

Current CPI (Dec. 2025) = 163.2808.

Panyam Cements & Mineral Industries Quarterly Data

Book Value per Share CPI Adj_Book
201603 382.963 102.518 609.945
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 213.000 105.196 330.610
201706 0.000 107.109 0.000
201709 420.676 109.021 630.044
201712 0.000 109.404 0.000
201803 -162.139 109.786 -241.143
201806 0.000 111.317 0.000
201809 -527.777 115.142 -748.432
201812 0.000 115.142 0.000
201903 -961.705 118.202 -1,328.470
201906 0.000 120.880 0.000
201909 -1,156.414 123.175 -1,532.943
201912 0.000 126.235 0.000
202003 -2,894.759 124.705 -3,790.210
202006 0.000 127.000 0.000
202009 -3,083.945 130.118 -3,869.944
202012 0.000 130.889 0.000
202103 -3,143.616 131.771 -3,895.349
202106 0.000 134.084 0.000
202109 -662.414 135.847 -796.186
202112 0.000 138.161 0.000
202203 -1,547.471 138.822 -1,820.120
202206 0.000 142.347 0.000
202209 -1,897.893 144.661 -2,142.176
202212 0.000 145.763 0.000
202303 -142.461 146.865 -158.385
202306 0.000 150.280 0.000
202309 -172.798 151.492 -186.245
202312 0.000 152.924 0.000
202403 -211.013 153.035 -225.141
202406 0.000 155.789 0.000
202409 -258.685 157.882 -267.530
202412 0.000 158.323 0.000
202503 -283.389 157.552 -293.694
202506 0.000 159.755 0.000
202509 -295.292 162.289 -297.096
202512 0.000 163.281 0.000

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.


Panyam Cements & Mineral Industries Business Description

Address H.No. 1-65, 1st Floor, Plot No.539, Guttala Begumpet Village, Madhapur, Hyderabad, TG, IND, 500081
Panyam Cements & Mineral Industries Ltd is an India-based manufacturer and supplier of cement products. Its product mix includes ordinary portland cement, portland pozzolana cement and portland slag cement sold under the brand names of PANYAM 53 Grade Cement, 43 Grade Cement, PPC Cement, and PSC Cement. Panyam Cements is used in a large scale for the construction of multi-storied buildings, concrete roads and many housing colonies and townships.
20GF Score

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

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