Amal (BOM:506597) Cyclically Adjusted PB Ratio: (As of Sep. 05, 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:506597 Amal Ltd BOM:506597
71 GF Score
Price ₹745.60
GF Value ₹1,324.69
Valuation Possible Value Trap
! 2 Warning Signs
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What is Amal Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Amal  (BOM:506597) 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.


Amal Cyclically Adjusted PB Ratio Related Terms


Amal Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amal'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.

Amal Cyclically Adjusted PB Ratio Chart

Amal 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 601.12 27.26 22.31 25.54 10.51

Amal 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 26.49 0.00 10.51 0.00

BOM:506597 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Amal'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.


Amal Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


BOM:506597
71GF Score
Amal Ltd BOM:506597
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Amal 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.

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

For example, Amal'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.

Amal Quarterly Data

Book Value per Share CPI Adj_Book
201609 -22.230 105.961 -35.111
201612 0.000 105.196 0.000
201703 -1.442 105.196 -2.294
201706 0.000 107.109 0.000
201709 4.458 109.021 6.843
201712 0.000 109.404 0.000
201803 8.275 109.786 12.614
201806 0.000 111.317 0.000
201809 13.568 115.142 19.721
201812 0.000 115.142 0.000
201903 15.731 118.202 22.273
201906 0.000 120.880 0.000
201909 20.883 123.175 28.374
201912 0.000 126.235 0.000
202003 24.584 124.705 32.992
202006 0.000 127.000 0.000
202009 26.842 130.118 34.524
202012 0.000 130.889 0.000
202103 32.989 131.771 41.898
202106 0.000 134.084 0.000
202109 31.111 135.847 38.327
202112 0.000 138.161 0.000
202203 34.038 138.822 41.035
202206 0.000 142.347 0.000
202209 26.536 144.661 30.699
202212 0.000 145.763 0.000
202303 55.309 146.865 63.027
202306 0.000 150.280 0.000
202309 54.565 151.492 60.279
202312 0.000 152.924 0.000
202403 56.534 153.035 61.825
202406 0.000 155.789 0.000
202409 61.365 157.882 65.048
202412 0.000 158.323 0.000
202503 80.223 157.552 85.216
202506 0.000 159.755 0.000
202509 91.727 162.289 94.592
202512 0.000 163.281 0.000
202603 97.368 164.272 99.196
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 Amal (BOM:506597) Overvalued in 2026?

Based on GuruFocus' analysis, Amal stock appears to be undervalued. The current stock price of ₹745.60 is trading 43.7% below its estimated GF Value™ of ₹1,324.69. GuruFocus considers Amal to be Possible Value Trap.

Key valuation signals for BOM:506597:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,324.69 vs. price of ₹745.60 (43.7% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the BOM:506597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amal Business Description

Other Exchanges AMAL:India
Address Atul, Valsad, GJ, IND, 396 020
Amal Ltd is engaged in manufacturing and marketing bulk chemicals. The company produces Sulphuric Acid and Oleum and their downstream products such as Sulphur Dioxide and Sulphur Trioxide. Its product is used in Dyestuff, Textile, Electroplating, Breweries and Food Industries. The Company operates in a single business segment which is the manufacturing of bulk chemicals.
71GF Score

Get the complete analysis for BOM:506597

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

₹745.60
Price
₹1,324.69
GF Value