Ganga Papers India (BOM:531813) Cyclically Adjusted PB Ratio: (As of Sep. 11, 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.
Reviewed by: Charlie Tian Charlie Tian
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:531813 Ganga Papers India Ltd BOM:531813
70 GF Score
Price ₹85.98
GF Value ₹115.39
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Ganga Papers India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ganga Papers India  (BOM:531813) 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.


Ganga Papers India Cyclically Adjusted PB Ratio Related Terms


Ganga Papers India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ganga Papers India'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.

Ganga Papers India Cyclically Adjusted PB Ratio Chart

Ganga Papers India 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 0.00 0.00 5.53 4.90 3.09

Ganga Papers India 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 3.93 0.00 3.09 0.00

Ganga Papers India Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Ganga Papers India'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.


Ganga Papers India Cyclically Adjusted PB Ratio vs Forest Products Industry

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

* The bar in red indicates where Ganga Papers India's Cyclically Adjusted PB Ratio falls into.


BOM:531813
70GF Score
Ganga Papers India Ltd BOM:531813
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganga Papers India 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.

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

For example, Ganga Papers India'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.

Ganga Papers India Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.154 105.961 12.879
201612 0.000 105.196 0.000
201703 9.167 105.196 14.584
201706 0.000 107.109 0.000
201709 9.780 109.021 15.013
201712 0.000 109.404 0.000
201803 10.547 109.786 16.078
201806 0.000 111.317 0.000
201809 11.496 115.142 16.709
201812 0.000 115.142 0.000
201903 12.070 118.202 17.089
201906 0.000 120.880 0.000
201909 12.902 123.175 17.530
201912 0.000 126.235 0.000
202003 13.798 124.705 18.517
202006 0.000 127.000 0.000
202009 14.637 130.118 18.826
202012 0.000 130.889 0.000
202103 17.630 131.771 22.391
202106 0.000 134.084 0.000
202109 20.232 135.847 24.925
202112 0.000 138.161 0.000
202203 22.594 138.822 27.238
202206 0.000 142.347 0.000
202209 24.991 144.661 28.912
202212 0.000 145.763 0.000
202303 25.610 146.865 29.183
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 26.980 153.035 29.505
202406 0.000 155.789 0.000
202409 27.585 157.882 29.240
202412 0.000 158.323 0.000
202503 28.419 157.552 30.188
202506 0.000 159.755 0.000
202509 28.987 162.289 29.892
202512 0.000 163.281 0.000
202603 29.901 164.272 30.463
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 Ganga Papers India (BOM:531813) Overvalued in 2026?

Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued. The current stock price of ₹85.98 is trading 25.5% below its estimated GF Value™ of ₹115.39. GuruFocus considers Ganga Papers India to be Modestly Undervalued.

Key valuation signals for BOM:531813:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹115.39 vs. price of ₹85.98 (25.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganga Papers India Business Description

Address Gat No. 241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
70GF Score

Get the complete analysis for BOM:531813

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

₹85.98
Price
₹115.39
GF Value