BDH Industries (BOM:524828) Cyclically Adjusted PB Ratio: (As of Sep. 06, 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:524828 BDH Industries Ltd BOM:524828
73 GF Score
Price ₹517.10
GF Value ₹418.98
Valuation Modestly Overvalued
! 3 Warning Signs
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What is BDH Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BDH Industries  (BOM:524828) 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.


BDH Industries Cyclically Adjusted PB Ratio Related Terms


BDH Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BDH Industries'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.

BDH Industries Cyclically Adjusted PB Ratio Chart

BDH Industries 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 1.97 1.52 3.48 2.99 3.63

BDH Industries 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 4.88 0.00 3.63 0.00

BOM:524828 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, BDH Industries'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.


BDH Industries Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, BDH Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:524828
73GF Score
BDH Industries Ltd BOM:524828
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BDH Industries 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.

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

For example, BDH Industries'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.

BDH Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 48.017 105.961 75.839
201612 0.000 105.196 0.000
201703 50.779 105.196 80.785
201706 0.000 107.109 0.000
201709 50.240 109.021 77.123
201712 0.000 109.404 0.000
201803 54.297 109.786 82.770
201806 0.000 111.317 0.000
201809 55.672 115.142 80.919
201812 0.000 115.142 0.000
201903 59.652 118.202 84.459
201906 0.000 120.880 0.000
201909 62.661 123.175 85.137
201912 0.000 126.235 0.000
202003 66.422 124.705 89.140
202006 0.000 127.000 0.000
202009 69.348 130.118 89.195
202012 0.000 130.889 0.000
202103 74.811 131.771 95.015
202106 0.000 134.084 0.000
202109 77.306 135.847 95.237
202112 0.000 138.161 0.000
202203 84.397 138.822 101.745
202206 0.000 142.347 0.000
202209 88.533 144.661 102.423
202212 0.000 145.763 0.000
202303 95.005 146.865 108.261
202306 0.000 150.280 0.000
202309 98.175 151.492 108.457
202312 0.000 152.924 0.000
202403 107.969 153.035 118.074
202406 0.000 155.789 0.000
202409 110.375 157.882 116.999
202412 0.000 158.323 0.000
202503 119.440 157.552 126.874
202506 0.000 159.755 0.000
202509 122.662 162.289 126.493
202512 0.000 163.281 0.000
202603 133.774 164.272 136.286
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 BDH Industries (BOM:524828) Overvalued in 2026?

Based on GuruFocus' analysis, BDH Industries stock appears to be overvalued. The current stock price of ₹517.10 is trading 23.4% above its estimated GF Value™ of ₹418.98. GuruFocus considers BDH Industries to be Modestly Overvalued.

Key valuation signals for BOM:524828:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹418.98 vs. price of ₹517.10 (23.4% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the BOM:524828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BDH Industries Business Description

Address Nair Baug, Akurli Road, Kandivli (East), Mumbai, MH, IND, 400101
BDH Industries Ltd is an India based pharmaceutical company. It is engaged in the manufacturing of therapeutic formulations including various pharmaceuticals. The company has the following reportable segments; Pharmaceuticals and Renewable Energy. The majority of its revenue is generated from the Pharmaceuticals segment. The company's product portfolio encompasses therapeutic categories including antifungal, antibiotics, anticancer, antidiabetic, antidepressant, antiulcerant, antimalarials, anti-inflammatory, analgesic, antispasmodic, anti-tuberculosis, cardiovascular, dermatological, psychotropic, and others.
73GF Score

Get the complete analysis for BOM:524828

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

₹517.10
Price
₹418.98
GF Value