Orissa Sponge Iron & Steel (BOM:504864) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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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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.

What is Orissa Sponge Iron & Steel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Orissa Sponge Iron & Steel  (BOM:504864) 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.


Orissa Sponge Iron & Steel Cyclically Adjusted PB Ratio Related Terms


Orissa Sponge Iron & Steel Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Orissa Sponge Iron & Steel'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.

Orissa Sponge Iron & Steel Cyclically Adjusted PB Ratio Chart

Orissa Sponge Iron & Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.70 0.00 0.00 0.00 0.00

Orissa Sponge Iron & Steel Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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 80.70 0.00 0.00 0.00 0.00

BOM:504864 vs NUE: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Orissa Sponge Iron & Steel'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.


Orissa Sponge Iron & Steel Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Orissa Sponge Iron & Steel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Orissa Sponge Iron & Steel's Cyclically Adjusted PB Ratio falls into.



Orissa Sponge Iron & Steel 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.

Orissa Sponge Iron & Steel's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Orissa Sponge Iron & Steel's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=-20.863/157.5517*157.5517
=-20.863

Current CPI (Mar25) = 157.5517.

Orissa Sponge Iron & Steel Annual Data

Book Value per Share CPI Adj_Book
201603 -14.824 102.518 -22.782
201703 -32.179 105.196 -48.194
201803 -74.366 109.786 -106.721
201903 7.816 118.202 10.418
202003 3.119 124.705 3.941
202103 -8.860 131.771 -10.593
202203 -14.290 138.822 -16.218
202303 -9.083 146.865 -9.744
202403 -22.578 153.035 -23.244
202503 -20.863 157.552 -20.863

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.


Orissa Sponge Iron & Steel Business Description

Address A 201, First Floor, Okhla Industrial Area, Phase I, New Delhi, IND, 110020
Orissa Sponge Iron & Steel Ltd is engaged in manufacturing and selling iron and steel. It mainly operates coal-based sponge iron plants, waste energy recovery-based power plants, and a billet-making plant. The Company's business activities falls within a single primary business segment which is Iron & Steel. The firm generates revenues through the sale of surplus power, and also involves in providing engineering and technical services. It operates a coal-based sponge iron plant, waste energy recovery-based power plants, and a billet-making plant.