Modi Naturals (BOM:519003) Cyclically Adjusted PB Ratio: (As of Sep. 13, 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.
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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:519003 Modi Naturals Ltd BOM:519003
82 GF Score
Price ₹339.60
GF Value ₹475.77
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Modi Naturals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Modi Naturals  (BOM:519003) 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.


Modi Naturals Cyclically Adjusted PB Ratio Related Terms


Modi Naturals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Modi Naturals'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.

Modi Naturals Cyclically Adjusted PB Ratio Chart

Modi Naturals 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 4.29 4.59 3.46 5.60 4.02

Modi Naturals 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 6.41 0.00 4.02 0.00

BOM:519003 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Modi Naturals'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.


Modi Naturals Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modi Naturals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:519003
82GF Score
Modi Naturals Ltd BOM:519003
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Modi Naturals 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.

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

For example, Modi Naturals'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.

Modi Naturals Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.599 105.961 45.170
201612 0.000 105.196 0.000
201703 37.414 105.196 59.522
201706 0.000 107.109 0.000
201709 35.510 109.021 54.511
201712 0.000 109.404 0.000
201803 37.466 109.786 57.113
201806 0.000 111.317 0.000
201809 41.513 115.142 60.339
201812 0.000 115.142 0.000
201903 41.617 118.202 58.924
201906 0.000 120.880 0.000
201909 42.344 123.175 57.533
201912 0.000 126.235 0.000
202003 45.310 124.705 60.807
202006 0.000 127.000 0.000
202009 46.421 130.118 59.707
202012 0.000 130.889 0.000
202103 53.618 131.771 68.098
202106 0.000 134.084 0.000
202109 58.876 135.847 72.533
202112 0.000 138.161 0.000
202203 61.001 138.822 73.540
202206 0.000 142.347 0.000
202209 66.316 144.661 76.720
202212 0.000 145.763 0.000
202303 64.590 146.865 73.603
202306 0.000 150.280 0.000
202309 65.822 151.492 72.715
202312 0.000 152.924 0.000
202403 68.103 153.035 74.477
202406 0.000 155.789 0.000
202409 79.418 157.882 84.184
202412 0.000 158.323 0.000
202503 91.353 157.552 97.039
202506 0.000 159.755 0.000
202509 106.806 162.289 110.141
202512 0.000 163.281 0.000
202603 129.367 164.272 131.796
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 Modi Naturals (BOM:519003) Overvalued in 2026?

Based on GuruFocus' analysis, Modi Naturals stock appears to be undervalued. The current stock price of ₹339.60 is trading 28.6% below its estimated GF Value™ of ₹475.77. GuruFocus considers Modi Naturals to be Modestly Undervalued.

Key valuation signals for BOM:519003:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹475.77 vs. price of ₹339.60 (28.6% below fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the BOM:519003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modi Naturals Business Description

Other Exchanges MODINATUR:India
Address D-54, Okhla Industrial Area - Phase I, 2nd Floor, New Delhi, IND, 110020
Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The Company has organised the business into two segments viz. Branded Business and Bulk Business. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.
82GF Score

Get the complete analysis for BOM:519003

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

₹339.60
Price
₹475.77
GF Value