Bhandari Hosiery Exports (BOM:512608) Cyclically Adjusted PB Ratio: (As of Sep. 06, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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BOM:512608 Bhandari Hosiery Exports Ltd BOM:512608
62 GF Score
Price ₹3.04
GF Value ₹3.35
Valuation Fairly Valued
! 3 Warning Signs
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What is Bhandari Hosiery Exports Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bhandari Hosiery Exports  (BOM:512608) 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.


Bhandari Hosiery Exports Cyclically Adjusted PB Ratio Related Terms


Bhandari Hosiery Exports Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports Cyclically Adjusted PB Ratio Chart

Bhandari Hosiery Exports 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 1.39 0.77 1.28 0.86 0.41

Bhandari Hosiery Exports 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 0.82 0.00 0.41 0.00

BOM:512608 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.


Bhandari Hosiery Exports Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhandari Hosiery Exports's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:512608
62GF Score
Bhandari Hosiery Exports Ltd BOM:512608
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bhandari Hosiery Exports 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.

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

For example, Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.987 105.961 4.718
201612 0.000 105.196 0.000
201703 3.079 105.196 4.898
201706 0.000 107.109 0.000
201709 3.160 109.021 4.851
201712 0.000 109.404 0.000
201803 3.316 109.786 5.055
201806 0.000 111.317 0.000
201809 3.390 115.142 4.927
201812 0.000 115.142 0.000
201903 3.586 118.202 5.077
201906 0.000 120.880 0.000
201909 3.705 123.175 5.034
201912 0.000 126.235 0.000
202003 3.854 124.705 5.172
202006 0.000 127.000 0.000
202009 3.792 130.118 4.877
202012 0.000 130.889 0.000
202103 3.933 131.771 4.995
202106 0.000 134.084 0.000
202109 4.093 135.847 5.042
202112 0.000 138.161 0.000
202203 4.252 138.822 5.126
202206 0.000 142.347 0.000
202209 4.417 144.661 5.110
202212 0.000 145.763 0.000
202303 4.543 146.865 5.177
202306 0.000 150.280 0.000
202309 4.877 151.492 5.388
202312 0.000 152.924 0.000
202403 4.825 153.035 5.277
202406 0.000 155.789 0.000
202409 5.446 157.882 5.773
202412 0.000 158.323 0.000
202503 5.555 157.552 5.901
202506 0.000 159.755 0.000
202509 5.672 162.289 5.849
202512 0.000 163.281 0.000
202603 5.507 164.272 5.610
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 Bhandari Hosiery Exports (BOM:512608) Overvalued in 2026?

Based on GuruFocus' analysis, Bhandari Hosiery Exports stock appears to be undervalued. The current stock price of ₹3.04 is trading 9.3% below its estimated GF Value™ of ₹3.35. GuruFocus considers Bhandari Hosiery Exports to be Fairly Valued.

Key valuation signals for BOM:512608:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3.35 vs. price of ₹3.04 (9.3% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the BOM:512608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhandari Hosiery Exports Business Description

Other Exchanges BHANDARI:India
Address Rahon Road, Bhandari House, Village Meharban, Ludhiana, PB, IND, 141007
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, and knitted tops with embroidery and prints. The majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.
62GF Score

Get the complete analysis for BOM:512608

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

₹3.04
Price
₹3.35
GF Value