Tahmar Enterprises (BOM:516032) Cyclically Adjusted PB Ratio: (As of Sep. 12, 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.

BOM:516032 Tahmar Enterprises Ltd BOM:516032
30 GF Score
Price ₹3.69
GF Value ₹1.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tahmar Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tahmar Enterprises  (BOM:516032) 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.


Tahmar Enterprises Cyclically Adjusted PB Ratio Related Terms


Tahmar Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tahmar Enterprises'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.

Tahmar Enterprises Cyclically Adjusted PB Ratio Chart

Tahmar Enterprises 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 38.92 81.95 10.35 10.86 3.87

Tahmar Enterprises 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 9.42 0.00 3.87 0.00

Tahmar Enterprises Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Tahmar Enterprises'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.


Tahmar Enterprises Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tahmar Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:516032
30GF Score
Tahmar Enterprises Ltd BOM:516032
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tahmar Enterprises 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.

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

For example, Tahmar Enterprises'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.

Tahmar Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.108 105.961 0.171
201612 0.000 105.196 0.000
201703 0.094 105.196 0.150
201706 0.000 107.109 0.000
201709 0.055 109.021 0.084
201712 0.050 109.404 0.076
201803 0.047 109.786 0.072
201806 0.000 111.317 0.000
201809 0.029 115.142 0.042
201812 0.000 115.142 0.000
201903 0.019 118.202 0.027
201906 0.000 120.880 0.000
201909 0.002 123.175 0.003
201912 0.000 126.235 0.000
202003 0.001 124.705 0.001
202006 -0.003 127.000 -0.004
202009 -0.021 130.118 -0.027
202012 -0.022 130.889 -0.028
202103 -0.027 131.771 -0.034
202106 -0.040 134.084 -0.050
202109 -0.041 135.847 -0.051
202112 -0.048 138.161 -0.058
202203 -0.061 138.822 -0.074
202206 0.000 142.347 0.000
202209 -0.086 144.661 -0.099
202212 0.000 145.763 0.000
202303 -0.061 146.865 -0.070
202306 0.000 150.280 0.000
202309 -0.432 151.492 -0.477
202312 0.000 152.924 0.000
202403 8.145 153.035 8.907
202406 0.000 155.789 0.000
202409 8.872 157.882 9.404
202412 0.000 158.323 0.000
202503 8.754 157.552 9.299
202506 0.000 159.755 0.000
202509 5.434 162.289 5.604
202512 0.000 163.281 0.000
202603 5.199 164.272 5.297
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 Tahmar Enterprises (BOM:516032) Overvalued in 2026?

Based on GuruFocus' analysis, Tahmar Enterprises stock appears to be overvalued. The current stock price of ₹3.69 is trading 238.5% above its estimated GF Value™ of ₹1.09. GuruFocus considers Tahmar Enterprises to be Significantly Overvalued.

Key valuation signals for BOM:516032:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1.09 vs. price of ₹3.69 (238.5% above fair value)
  • GF Score™: 30/100 with 6 warning signs

No single metric tells the full story. See the BOM:516032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tahmar Enterprises Business Description

Address Dempo Trade Centre, Unit No.501-B, 5th floor, Pato, Panaji, Tai Tiswadi, North Goa, GA, IND, 403001
Tahmar Enterprises Ltd formerly Sarda Papers Ltd engages in the processing, manufacturing, and selling of coated paper products. The firm engages in the manufacturing of coated paper which is mainly used in the packaging and printing industry.
30GF Score

Get the complete analysis for BOM:516032

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

₹3.69
Price
₹1.09
GF Value