Bharat Immunologicals & Biologicals (BOM:524663) Cyclically Adjusted PB Ratio: 1.05 (As of Sep. 15, 2026)

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BOM:524663 Bharat Immunologicals & Biologicals Corp Ltd BOM:524663
4 GF Score
Price ₹14.82
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What is Bharat Immunologicals & Biologicals Cyclically Adjusted PB Ratio?

Bharat Immunologicals & Biologicals BOM:524663 -1.92% 4 Cyclically Adjusted PB Ratio is 1.05 as of Sep. 15, 2026. GuruFocus rates BOM:524663 with a GF Score™ of 4/100.

As of today (2026-09-15), Bharat Immunologicals & Biologicals's current share price is ₹14.82. Bharat Immunologicals & Biologicals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₹14.14. Bharat Immunologicals & Biologicals's Cyclically Adjusted PB Ratio for today is 1.05.

The historical rank and industry rank for Bharat Immunologicals & Biologicals's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:524663's Cyclically Adjusted PB Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 1.575
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bharat Immunologicals & Biologicals's adjusted book value per share data for the three months ended in Sep. 2023 was ₹18.228. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹14.14 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bharat Immunologicals & Biologicals  (BOM:524663) 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.


Bharat Immunologicals & Biologicals Cyclically Adjusted PB Ratio Related Terms


Bharat Immunologicals & Biologicals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bharat Immunologicals & Biologicals'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.

Bharat Immunologicals & Biologicals Cyclically Adjusted PB Ratio Chart

Bharat Immunologicals & Biologicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.60 4.41 2.32 1.64

Bharat Immunologicals & Biologicals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.99 3.06 1.64 1.64 1.71

BOM:524663 vs VRTX, REGN, SGEN: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Bharat Immunologicals & Biologicals'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.


Bharat Immunologicals & Biologicals Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bharat Immunologicals & Biologicals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Immunologicals & Biologicals's Cyclically Adjusted PB Ratio falls into.


BOM:524663
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Bharat Immunologicals & Biologicals Corp Ltd BOM:524663
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Immunologicals & Biologicals 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.

Bharat Immunologicals & Biologicals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.82/14.141
=1.05

* 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.

Bharat Immunologicals & Biologicals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Bharat Immunologicals & Biologicals's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=18.228/151.4920*151.4920
=18.228

Current CPI (Sep. 2023) = 151.4920.

Bharat Immunologicals & Biologicals Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 91.425 0.000
201403 9.210 91.425 15.261
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 9.568 97.163 14.918
201506 0.000 99.841 0.000
201509 8.265 101.753 12.305
201512 0.000 102.901 0.000
201603 8.130 102.518 12.014
201606 0.000 105.961 0.000
201609 8.399 105.961 12.008
201612 0.000 105.196 0.000
201703 9.669 105.196 13.924
201706 0.000 107.109 0.000
201709 8.681 109.021 12.063
201712 0.000 109.404 0.000
201803 8.683 109.786 11.981
201806 0.000 111.317 0.000
201809 7.912 115.142 10.410
201812 0.000 115.142 0.000
201903 7.105 118.202 9.106
201906 0.000 120.880 0.000
201909 5.023 123.175 6.178
201912 0.000 126.235 0.000
202003 4.742 124.705 5.761
202006 0.000 127.000 0.000
202009 3.664 130.118 4.266
202012 3.225 130.889 3.733
202103 7.884 131.771 9.064
202106 0.000 134.084 0.000
202109 24.706 135.847 27.551
202112 24.629 138.161 27.005
202203 24.399 138.822 26.626
202206 0.000 142.347 0.000
202209 22.527 144.661 23.591
202212 0.000 145.763 0.000
202303 20.333 146.865 20.974
202306 0.000 150.280 0.000
202309 18.228 151.492 18.228

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.

What does a Cyclically Adjusted PB Ratio of 1.05 mean?
Bharat Immunologicals & Biologicals (BOM:524663) has a Cyclically Adjusted PB Ratio of 1.05 as of Sep. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bharat Immunologicals & Biologicals and its competitors.
Is Bharat Immunologicals & Biologicals' Cyclically Adjusted PB Ratio too high?
Bharat Immunologicals & Biologicals' current Cyclically Adjusted PB Ratio is 1.05. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Bharat Immunologicals & Biologicals' value of 1.05 is 33.3% below this industry median. Overall, Bharat Immunologicals & Biologicals has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Bharat Immunologicals & Biologicals' Cyclically Adjusted PB Ratio compare to VRTX and REGN?
Bharat Immunologicals & Biologicals' Cyclically Adjusted PB Ratio of 1.05 can be compared against companies in the Biotechnology industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Bharat Immunologicals & Biologicals' value of 1.05 is 33.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.58, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Immunologicals & Biologicals's current Cyclically Adjusted PB Ratio of 1.05 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bharat Immunologicals & Biologicals and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Immunologicals & Biologicals's current Cyclically Adjusted PB Ratio is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Immunologicals & Biologicals stock overvalued right now?
Bharat Immunologicals & Biologicals (BOM:524663) has a current Cyclically Adjusted PB Ratio of 1.05. The current Cyclically Adjusted PB Ratio is 1.05 and 33.3% below the Biotechnology industry median of 1.58. Bharat Immunologicals & Biologicals' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bharat Immunologicals & Biologicals (BOM:524663), the current Cyclically Adjusted PB Ratio is 1.05 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bharat Immunologicals & Biologicals Business Description

Address Village Chola, BIBCOL, OPV Plant, Bulandshahar, UP, IND, 203203
Bharat Immunologicals & Biologicals Corp Ltd is an India-based biotechnology company. It primarily manufactures Oral polio vaccines. In addition, the company also manufactures zinc tablets, diarrhea management kits, and Ready to Use Therapeutic Food (RUTF). It also manufactures nutraceuticals and biological products for the treatment of health deficiencies and disorders. The firm is organized into three segments: Oral Polio Vaccine, Zinc Tablets, and BIB VIT, BIBSANIT. The group principally operates in India and generates the majority of its revenue from sales of Oral polio vaccines.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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