Harrisons Malayalam (BOM:500467) Cyclically Adjusted PB Ratio: (As of Sep. 08, 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:500467 Harrisons Malayalam Ltd BOM:500467
62 GF Score
Price ₹190.00
GF Value ₹221.20
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Harrisons Malayalam Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harrisons Malayalam  (BOM:500467) 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.


Harrisons Malayalam Cyclically Adjusted PB Ratio Related Terms


Harrisons Malayalam Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harrisons Malayalam'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.

Harrisons Malayalam Cyclically Adjusted PB Ratio Chart

Harrisons Malayalam 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 0.80 0.82 1.47 2.18 2.15

Harrisons Malayalam Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.33 0.00 2.15 0.00

BOM:500467 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Harrisons Malayalam'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.


Harrisons Malayalam Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


BOM:500467
62GF Score
Harrisons Malayalam Ltd BOM:500467
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harrisons Malayalam 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.

Harrisons Malayalam's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Harrisons Malayalam's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Harrisons Malayalam Quarterly Data

Book Value per Share CPI Adj_Book
201603 55.197 102.518 90.107
201606 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 55.461 105.196 88.233
201706 0.000 107.109 0.000
201712 0.000 109.404 0.000
201803 56.180 109.786 85.640
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 42.562 118.202 60.262
201906 0.000 120.880 0.000
201909 38.562 123.175 52.394
201912 0.000 126.235 0.000
202003 42.745 124.705 57.365
202006 0.000 127.000 0.000
202009 42.364 130.118 54.488
202012 0.000 130.889 0.000
202103 62.315 131.771 79.144
202106 0.000 134.084 0.000
202109 64.588 135.847 79.569
202112 0.000 138.161 0.000
202203 74.769 138.822 90.138
202206 0.000 142.347 0.000
202209 81.012 144.661 93.722
202212 0.000 145.763 0.000
202303 84.621 146.865 96.429
202306 0.000 150.280 0.000
202309 80.816 151.492 89.280
202312 0.000 152.924 0.000
202403 77.965 153.035 85.262
202406 0.000 155.789 0.000
202409 75.564 157.882 80.099
202412 0.000 158.323 0.000
202503 83.518 157.552 88.716
202506 0.000 159.755 0.000
202509 89.437 162.289 92.230
202512 0.000 163.281 0.000
202603 96.788 164.272 98.606
202606 0.000 167.357 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.

Is Harrisons Malayalam (BOM:500467) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Malayalam stock appears to be undervalued. The current stock price of ₹190.00 is trading 14.1% below its estimated GF Value™ of ₹221.20. GuruFocus considers Harrisons Malayalam to be Modestly Undervalued.

Key valuation signals for BOM:500467:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹221.20 vs. price of ₹190.00 (14.1% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the BOM:500467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harrisons Malayalam Business Description

Other Exchanges HARRMALAYA:India
Address 24/1624, Bristow Road, Willingdon Island, Cochin, KL, IND, 682003
Harrisons Malayalam Ltd is the oldest integrated agricultural company in South India with a legacy spanning over a century. The company operates through three main segments namely Tea, Rubber, and Others. It is a pioneer in corporate farming and cultivates a diverse range of crops including rubber, tea, pineapple, and various exotic horticultural products such as spices and coffee. The company operates extensive plantations and processing units across Kerala, Tamil Nadu, and Karnataka and is known for producing high-quality tea and natural rubber. It maintains a dominant presence in both domestic and international markets.
62GF Score

Get the complete analysis for BOM:500467

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

₹190.00
Price
₹221.20
GF Value