Asahi Songwon Colors (BOM:532853) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

Author: 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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Charlie Tian
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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:532853 Asahi Songwon Colors Ltd BOM:532853
73 GF Score
Price ₹376.75
GF Value ₹385.29
Valuation Fairly Valued
! 7 Warning Signs
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What is Asahi Songwon Colors Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Songwon Colors  (BOM:532853) 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.


Asahi Songwon Colors Cyclically Adjusted PB Ratio Related Terms


Asahi Songwon Colors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Songwon Colors'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.

Asahi Songwon Colors Cyclically Adjusted PB Ratio Chart

Asahi Songwon Colors 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 1.58 1.01 1.67 1.61 0.85

Asahi Songwon Colors 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 1.30 0.00 0.85 0.00

BOM:532853 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Asahi Songwon Colors'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.


Asahi Songwon Colors Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahi Songwon Colors's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asahi Songwon Colors's Cyclically Adjusted PB Ratio falls into.


BOM:532853
73GF Score
Asahi Songwon Colors Ltd BOM:532853
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Songwon Colors 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.

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

For example, Asahi Songwon Colors'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.

Asahi Songwon Colors Quarterly Data

Book Value per Share CPI Adj_Book
201609 118.787 105.961 187.615
201612 0.000 105.196 0.000
201703 129.171 105.196 205.499
201706 0.000 107.109 0.000
201709 137.455 109.021 211.005
201712 0.000 109.404 0.000
201803 148.013 109.786 225.630
201806 0.000 111.317 0.000
201809 151.676 115.142 220.459
201812 0.000 115.142 0.000
201903 157.753 118.202 223.356
201906 0.000 120.880 0.000
201909 164.841 123.175 223.969
201912 0.000 126.235 0.000
202003 164.296 124.705 220.489
202006 0.000 127.000 0.000
202009 183.102 130.118 235.505
202012 0.000 130.889 0.000
202103 189.162 131.771 240.248
202106 0.000 134.084 0.000
202109 198.612 135.847 244.681
202112 0.000 138.161 0.000
202203 201.478 138.822 242.893
202206 0.000 142.347 0.000
202209 200.483 144.661 231.937
202212 0.000 145.763 0.000
202303 185.447 146.865 211.323
202306 0.000 150.280 0.000
202309 201.718 151.492 222.843
202312 0.000 152.924 0.000
202403 199.870 153.035 218.576
202406 0.000 155.789 0.000
202409 207.016 157.882 219.440
202412 0.000 158.323 0.000
202503 216.377 157.552 229.844
202506 0.000 159.755 0.000
202509 218.650 162.289 225.478
202512 0.000 163.281 0.000
202603 230.249 164.272 234.573
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 Asahi Songwon Colors (BOM:532853) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Songwon Colors stock appears to be undervalued. The current stock price of ₹376.75 is trading 2.2% below its estimated GF Value™ of ₹385.29. GuruFocus considers Asahi Songwon Colors to be Fairly Valued.

Key valuation signals for BOM:532853:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹385.29 vs. price of ₹376.75 (2.2% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the BOM:532853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Songwon Colors Business Description

Other Exchanges ASAHISONG:India
Address Thaltej-Shilaj Road, 20, Times Corporate Park, Asahi House, Thaltej, Ahmedabad, GJ, IND, 380059
Asahi Songwon Colors Ltd is principally engaged in the business of manufacturing & export of AZO pigments. It is a key manufacturer and exporter of high-quality color pigments, specializing in Copper Phthalocyanine (CPC) pigments and derivatives. The Company's manufacturing facility is located at Dahej, Bharuch, Gujarat. Its products are CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3, and Pigment Blue 15.4.
73GF Score

Get the complete analysis for BOM:532853

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

₹376.75
Price
₹385.29
GF Value