Chowgule Steamships (BOM:501833) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.
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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:501833 Chowgule Steamships Ltd BOM:501833
61 GF Score
Price ₹22.17
GF Value ₹20.60
Valuation Fairly Valued
! 2 Warning Signs
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What is Chowgule Steamships Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chowgule Steamships  (BOM:501833) 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.


Chowgule Steamships Cyclically Adjusted PB Ratio Related Terms


Chowgule Steamships Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chowgule Steamships'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.

Chowgule Steamships Cyclically Adjusted PB Ratio Chart

Chowgule Steamships 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 0.21 0.25 0.55 1.17 1.28

Chowgule Steamships 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 1.19 1.03 1.01 1.28 1.56

Chowgule Steamships Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Chowgule Steamships'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.


Chowgule Steamships Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chowgule Steamships's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:501833
61GF Score
Chowgule Steamships Ltd BOM:501833
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chowgule Steamships 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.

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

For example, Chowgule Steamships'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Chowgule Steamships Quarterly Data

Book Value per Share CPI Adj_Book
200503 29.864 43.531 114.813
200603 32.223 45.521 118.467
200703 43.916 48.581 151.286
200903 136.697 56.615 404.087
201003 209.877 65.030 540.124
201103 146.926 70.768 347.460
201203 134.902 76.889 293.630
201303 103.304 85.687 201.765
201403 109.131 91.425 199.769
201709 109.021 0.000
201809 115.142 0.000
201906 120.880 0.000
201909 1.628 123.175 2.212
201912 126.235 0.000
202003 -9.697 124.705 -13.014
202006 127.000 0.000
202009 -11.014 130.118 -14.166
202012 130.889 0.000
202103 -8.479 131.771 -10.769
202106 134.084 0.000
202109 -4.585 135.847 -5.649
202112 138.161 0.000
202203 4.330 138.822 5.220
202206 142.347 0.000
202209 3.762 144.661 4.352
202212 145.763 0.000
202303 9.869 146.865 11.246
202306 150.280 0.000
202309 4.882 151.492 5.393
202312 152.924 0.000
202403 11.910 153.035 13.025
202406 155.789 0.000
202409 12.141 157.882 12.870
202412 158.323 0.000
202503 12.260 157.552 13.023
202506 159.755 0.000
202509 12.380 162.289 12.767
202512 163.281 0.000
202603 12.219 164.272 12.448
202606 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 Chowgule Steamships (BOM:501833) Overvalued in 2026?

Based on GuruFocus' analysis, Chowgule Steamships stock appears to be overvalued. The current stock price of ₹22.17 is trading 7.6% above its estimated GF Value™ of ₹20.60. GuruFocus considers Chowgule Steamships to be Fairly Valued.

Key valuation signals for BOM:501833:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹20.60 vs. price of ₹22.17 (7.6% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the BOM:501833 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chowgule Steamships Business Description

Address Ram Maruti Road, 1st Cross Lane, 9, Mansi, 401, 4th Floor, Near Tilak Garden, Thane, MH, IND, 400602
Chowgule Steamships Ltd is an Indian-based shipping company. The company owns and operates a fleet of vessels for the seaborne transportation of bulk cargoes. It has a single reportable operating segment, which is Shipping. The company generates revenue from Charter hire earnings, demurrage, and freight earnings.
61GF Score

Get the complete analysis for BOM:501833

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

₹22.17
Price
₹20.60
GF Value