Panasonic Carbon India Co (BOM:508941) Cyclically Adjusted PB Ratio: (As of Aug. 29, 2026)

Author: 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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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:508941 Panasonic Carbon India Co Ltd BOM:508941
71 GF Score
Price ₹431.40
GF Value ₹471.71
Valuation Fairly Valued
! 2 Warning Signs
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What is Panasonic Carbon India Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Carbon India Co  (BOM:508941) 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.


Panasonic Carbon India Co Cyclically Adjusted PB Ratio Related Terms


Panasonic Carbon India Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Panasonic Carbon India Co'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.

Panasonic Carbon India Co Cyclically Adjusted PB Ratio Chart

Panasonic Carbon India Co 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 1.64 1.31 1.56 1.60 1.31

Panasonic Carbon India Co 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 1.55 0.00 1.31 0.00

BOM:508941 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Panasonic Carbon India Co'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.


Panasonic Carbon India Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Panasonic Carbon India Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Panasonic Carbon India Co's Cyclically Adjusted PB Ratio falls into.


BOM:508941
71GF Score
Panasonic Carbon India Co Ltd BOM:508941
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Panasonic Carbon India Co 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.

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

For example, Panasonic Carbon India Co'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.

Panasonic Carbon India Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 173.733 105.961 274.398
201612 0.000 105.196 0.000
201703 186.835 105.196 297.238
201706 0.000 107.109 0.000
201709 188.419 109.021 289.239
201712 0.000 109.404 0.000
201803 200.216 109.786 305.207
201806 0.000 111.317 0.000
201809 201.807 115.142 293.324
201812 0.000 115.142 0.000
201903 213.739 118.202 302.624
201906 0.000 120.880 0.000
201909 219.092 123.175 297.679
201912 0.000 126.235 0.000
202003 236.421 124.705 317.283
202006 0.000 127.000 0.000
202009 243.838 130.118 313.624
202012 0.000 130.889 0.000
202103 265.615 131.771 337.349
202106 0.000 134.084 0.000
202109 271.005 135.847 333.866
202112 0.000 138.161 0.000
202203 285.383 138.822 344.045
202206 0.000 142.347 0.000
202209 288.248 144.661 333.472
202212 0.000 145.763 0.000
202303 300.109 146.865 341.985
202306 0.000 150.280 0.000
202309 307.119 151.492 339.283
202312 0.000 152.924 0.000
202403 326.670 153.035 357.244
202406 0.000 155.789 0.000
202409 337.446 157.882 357.697
202412 0.000 158.323 0.000
202503 358.126 157.552 380.415
202506 0.000 159.755 0.000
202509 371.645 162.289 383.251
202512 0.000 163.281 0.000
202603 390.994 164.272 398.337
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 Panasonic Carbon India Co (BOM:508941) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Carbon India Co stock appears to be undervalued. The current stock price of ₹431.40 is trading 8.5% below its estimated GF Value™ of ₹471.71. GuruFocus considers Panasonic Carbon India Co to be Fairly Valued.

Key valuation signals for BOM:508941:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹471.71 vs. price of ₹431.40 (8.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the BOM:508941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Carbon India Co Business Description

Address Nungambakkam High Road, Pottipati Plaza, 77 (Old. No.35), Third Floor, Nungambakkam, Chennai, TN, IND, 600034
Panasonic Carbon India Co Ltd is engaged in the manufacture of carbon rods/carbon electrodes, which are used as a key component in dry cell batteries, catering to both domestic and export markets, including supplies to Panasonic group companies. Its product is carbon rods. The Company operates a manufacturing facility in Nellore District, Andhra Pradesh, and supplies its products to battery manufacturers in India as well as to overseas customers. Geographically, the Company operates in India and the rest of the world, with India generating maximum revenue.
71GF Score

Get the complete analysis for BOM:508941

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

₹431.40
Price
₹471.71
GF Value