Indian Metals & Ferro Alloys (BOM:533047) Cyclically Adjusted PB Ratio: (As of Sep. 04, 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:533047 Indian Metals & Ferro Alloys Ltd BOM:533047
68 GF Score
Price ₹1,280.90
GF Value ₹924.46
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Indian Metals & Ferro Alloys Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Metals & Ferro Alloys  (BOM:533047) 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.


Indian Metals & Ferro Alloys Cyclically Adjusted PB Ratio Related Terms


Indian Metals & Ferro Alloys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Cyclically Adjusted PB Ratio Chart

Indian Metals & Ferro Alloys 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 0.00 2.00 3.44

Indian Metals & Ferro Alloys 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 3.30 0.00 3.44 0.00

Indian Metals & Ferro Alloys Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Indian Metals & Ferro Alloys's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Cyclically Adjusted PB Ratio falls into.


BOM:533047
68GF Score
Indian Metals & Ferro Alloys Ltd BOM:533047
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Metals & Ferro Alloys 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.

Indian Metals & Ferro Alloys's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Quarterly Data

Book Value per Share CPI Adj_Book
201203 151.465 76.889 329.681
201303 163.581 85.687 319.494
201403 169.590 91.425 310.442
201503 169.294 97.163 291.599
201603 160.280 102.518 261.651
201703 197.077 105.196 313.532
201803 225.386 109.786 343.576
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 216.890 118.202 307.085
201906 0.000 120.880 0.000
201909 210.168 123.175 285.554
201912 0.000 126.235 0.000
202003 200.897 124.705 269.609
202006 0.000 127.000 0.000
202009 213.641 130.118 274.784
202012 0.000 130.889 0.000
202103 230.165 131.771 292.325
202106 0.000 134.084 0.000
202109 271.583 135.847 334.578
202112 0.000 138.161 0.000
202203 317.930 138.822 383.282
202206 0.000 142.347 0.000
202209 338.425 144.661 391.521
202212 0.000 145.763 0.000
202303 347.125 146.865 395.561
202306 0.000 150.280 0.000
202309 379.286 151.492 419.007
202312 0.000 152.924 0.000
202403 390.084 153.035 426.593
202406 0.000 155.789 0.000
202409 431.829 157.882 457.745
202412 0.000 158.323 0.000
202503 435.232 157.552 462.320
202506 0.000 159.755 0.000
202509 465.259 162.289 479.788
202512 0.000 163.281 0.000
202603 503.673 164.272 513.132
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 Indian Metals & Ferro Alloys (BOM:533047) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys stock appears to be overvalued. The current stock price of ₹1,280.90 is trading 38.6% above its estimated GF Value™ of ₹924.46. GuruFocus considers Indian Metals & Ferro Alloys to be Significantly Overvalued.

Key valuation signals for BOM:533047:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹924.46 vs. price of ₹1,280.90 (38.6% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the BOM:533047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Metals & Ferro Alloys Business Description

Other Exchanges IMFA:India
Address Bomikhal, IMFA Building, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd is a producer of value-added ferrochrome in India, with operations spanning the entire value chain from captive chromite mining and power generation to smelting and exports of ferrochrome. The group's reportable segments are Ferro Alloys, Power, Mining, and All Other segments. The majority of its revenue is generated from the Ferro Alloys segment, which produces value-added ferrochrome, which has extensive applications in the manufacture of specialty alloys and stainless steels. Geographically, the majority of the group's revenue is generated through the exports of its products to its customers outside India in countries such as South Korea, China, Taiwan, Japan, and others.
68GF Score

Get the complete analysis for BOM:533047

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

₹1,280.90
Price
₹924.46
GF Value