Raasi Refractories (BOM:502271) Cyclically Adjusted PB Ratio: (As of Aug. 31, 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:502271 Raasi Refractories Ltd BOM:502271
44 GF Score
Price ₹18.35
GF Value ₹32.38
Valuation Possible Value Trap
! 3 Warning Signs
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What is Raasi Refractories Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Raasi Refractories  (BOM:502271) 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.


Raasi Refractories Cyclically Adjusted PB Ratio Related Terms


Raasi Refractories Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Raasi Refractories'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.

Raasi Refractories Cyclically Adjusted PB Ratio Chart

Raasi Refractories 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

Raasi Refractories 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 0.00 0.00 0.00 0.00

BOM:502271 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Raasi Refractories'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.


Raasi Refractories Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raasi Refractories's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:502271
44GF Score
Raasi Refractories Ltd BOM:502271
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raasi Refractories 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.

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

For example, Raasi Refractories'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.

Raasi Refractories Quarterly Data

Book Value per Share CPI Adj_Book
201609 -35.514 105.961 -56.092
201612 0.000 105.196 0.000
201703 -46.313 105.196 -73.680
201706 0.000 107.109 0.000
201709 13.911 109.021 21.355
201712 0.000 109.404 0.000
201803 -44.961 109.786 -68.538
201806 0.000 111.317 0.000
201809 13.911 115.142 20.219
201812 0.000 115.142 0.000
201903 -36.471 118.202 -51.638
201906 0.000 120.880 0.000
201909 -35.757 123.175 -48.583
201912 0.000 126.235 0.000
202003 -33.895 124.705 -45.488
202006 0.000 127.000 0.000
202009 -33.457 130.118 -43.032
202012 0.000 130.889 0.000
202103 -33.150 131.771 -42.103
202106 0.000 134.084 0.000
202109 -32.416 135.847 -39.935
202112 0.000 138.161 0.000
202203 -30.709 138.822 -37.021
202206 0.000 142.347 0.000
202209 -39.170 144.661 -45.315
202212 0.000 145.763 0.000
202303 -28.875 146.865 -32.904
202306 0.000 150.280 0.000
202309 -23.993 151.492 -26.506
202312 0.000 152.924 0.000
202403 -28.246 153.035 -30.890
202406 0.000 155.789 0.000
202409 -28.004 157.882 -29.685
202412 0.000 158.323 0.000
202503 -28.057 157.552 -29.803
202506 0.000 159.755 0.000
202509 -18.852 162.289 -19.441
202512 0.000 163.281 0.000
202603 -27.830 164.272 -28.353
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 Raasi Refractories (BOM:502271) Overvalued in 2026?

Based on GuruFocus' analysis, Raasi Refractories stock appears to be undervalued. The current stock price of ₹18.35 is trading 43.3% below its estimated GF Value™ of ₹32.38. GuruFocus considers Raasi Refractories to be Possible Value Trap.

Key valuation signals for BOM:502271:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹32.38 vs. price of ₹18.35 (43.3% below fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the BOM:502271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raasi Refractories Business Description

Address House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.
44GF Score

Get the complete analysis for BOM:502271

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

₹18.35
Price
₹32.38
GF Value