Carnation Industries (BOM:530609) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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BOM:530609 Carnation Industries Ltd BOM:530609
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Price ₹103.17
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What is Carnation Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnation Industries  (BOM:530609) 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.


Carnation Industries Cyclically Adjusted PB Ratio Related Terms


Carnation Industries Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Carnation 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.

Carnation Industries Cyclically Adjusted PB Ratio Chart

Carnation 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 0.12 0.10 0.23 0.54 0.77

Carnation 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 0.62 0.00 0.77 0.00

BOM:530609 vs ATI, CRS, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Carnation 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.


Carnation Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carnation Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:530609
25GF Score
Carnation Industries Ltd BOM:530609
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carnation 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.

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

For example, Carnation 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.

Carnation Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 311.435 105.961 491.887
201612 0.000 105.196 0.000
201703 302.427 105.196 481.134
201706 0.000 107.109 0.000
201709 284.834 109.021 437.245
201712 0.000 109.404 0.000
201803 193.565 109.786 295.069
201806 0.000 111.317 0.000
201809 188.989 115.142 274.693
201812 0.000 115.142 0.000
201903 119.469 118.202 169.151
201906 0.000 120.880 0.000
201909 -91.513 123.175 -124.338
201912 0.000 126.235 0.000
202003 120.366 124.705 161.534
202006 0.000 127.000 0.000
202009 103.490 130.118 133.109
202012 0.000 130.889 0.000
202103 -7.388 131.771 -9.383
202106 0.000 134.084 0.000
202109 -4.565 135.847 -5.624
202112 0.000 138.161 0.000
202203 -19.635 138.822 -23.671
202206 0.000 142.347 0.000
202209 -26.826 144.661 -31.035
202212 0.000 145.763 0.000
202303 -39.274 146.865 -44.754
202306 0.000 150.280 0.000
202309 -44.340 151.492 -48.984
202312 0.000 152.924 0.000
202403 -47.303 153.035 -51.730
202406 0.000 155.789 0.000
202409 19.371 157.882 20.534
202412 0.000 158.323 0.000
202503 4.718 157.552 5.012
202506 0.000 159.755 0.000
202509 3.703 162.289 3.819
202512 0.000 163.281 0.000
202603 4.336 164.272 4.417
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.


Carnation Industries Business Description

Address G-2 34/1 Vikas House, East Punjabi Bagh, Punjabi Bagh Sec - III, New Delhi, IND, 110026
Carnation Industries Ltd is currently looking for trading options. Previously, the company was engaged in the manufacture of foundry-based engineering goods namely Castings having plants in West Bengal.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹103.17
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