Apollo Hospitals Enterprise (BOM:508869) Cyclically Adjusted PB Ratio: (As of Sep. 11, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

BOM:508869 Apollo Hospitals Enterprise Ltd BOM:508869
94 GF Score
Price ₹8,875.00
GF Value ₹9,176.75
Valuation Fairly Valued
! 3 Warning Signs
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What is Apollo Hospitals Enterprise Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apollo Hospitals Enterprise  (BOM:508869) 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.


Apollo Hospitals Enterprise Cyclically Adjusted PB Ratio Related Terms


Apollo Hospitals Enterprise Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Hospitals Enterprise'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.

Apollo Hospitals Enterprise Cyclically Adjusted PB Ratio Chart

Apollo Hospitals Enterprise 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 17.36 17.14

Apollo Hospitals Enterprise 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 18.02 0.00 17.14 0.00

BOM:508869 vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Apollo Hospitals Enterprise'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.


Apollo Hospitals Enterprise Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Apollo Hospitals Enterprise's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:508869
94GF Score
Apollo Hospitals Enterprise Ltd BOM:508869
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Hospitals Enterprise 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.

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

For example, Apollo Hospitals Enterprise'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.

Apollo Hospitals Enterprise Quarterly Data

Book Value per Share CPI Adj_Book
201203 186.426 76.889 405.778
201303 197.432 85.687 385.609
201403 213.957 91.425 391.658
201503 236.019 97.163 406.529
201603 239.435 102.518 390.869
201703 237.898 105.196 378.474
201803 233.711 109.786 356.267
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 239.605 118.202 339.246
201906 0.000 120.880 0.000
201909 219.751 123.175 298.575
201912 0.000 126.235 0.000
202003 240.000 124.705 322.086
202006 0.000 127.000 0.000
202009 225.388 130.118 289.893
202012 0.000 130.889 0.000
202103 320.096 131.771 406.543
202106 0.000 134.084 0.000
202109 368.931 135.847 454.506
202112 0.000 138.161 0.000
202203 391.091 138.822 471.482
202206 0.000 142.347 0.000
202209 416.794 144.661 482.186
202212 0.000 145.763 0.000
202303 431.019 146.865 491.161
202306 0.000 150.280 0.000
202309 452.662 151.492 500.068
202312 0.000 152.924 0.000
202403 482.345 153.035 527.489
202406 0.000 155.789 0.000
202409 521.689 157.882 552.998
202412 0.000 158.323 0.000
202503 571.151 157.552 606.698
202506 0.000 159.755 0.000
202509 632.423 162.289 652.173
202512 0.000 163.281 0.000
202603 659.325 164.272 671.707
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 Apollo Hospitals Enterprise (BOM:508869) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Hospitals Enterprise stock appears to be undervalued. The current stock price of ₹8,875.00 is trading 3.3% below its estimated GF Value™ of ₹9,176.75. GuruFocus considers Apollo Hospitals Enterprise to be Fairly Valued.

Key valuation signals for BOM:508869:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹9,176.75 vs. price of ₹8,875.00 (3.3% below fair value)
  • GF Score™: 94/100 with 3 warning signs

No single metric tells the full story. See the BOM:508869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Hospitals Enterprise Business Description

Other Exchanges APOLLOHOSP:India
Address No. 8-17, Shafee Mohammed Road, Sunny Side Building, East Block, 3rd Floor, Chennai, TN, IND, 600006
Apollo Hospitals Enterprise Ltd operates a network of private hospitals in India through primary, secondary, and tertiary care facilities. The firm's tertiary care hospitals provide complex care in a variety of specialties that include cardiology, oncology, neuroscience, orthopedics, radiology, and gastroenterology. Apollo Hospitals also operates primary care and diagnostics clinics as well as telemedicine units and offers consulting, health insurance, education and training, and research services. Its reportable operating segments are; Healthcare Services (represents hospitals and hospitals services); Retail Health and Diagnostics (includes clinics and diagnostics); Digital Health and Pharmacy Distribution; and Others. Maximum revenue is generated from its Healthcare Services segment.
94GF Score

Get the complete analysis for BOM:508869

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

₹8,875.00
Price
₹9,176.75
GF Value