RHI Magnesita India (BOM:534076) Cyclically Adjusted PB Ratio: (As of Sep. 01, 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:534076 RHI Magnesita India Ltd BOM:534076
78 GF Score
Price ₹371.35
GF Value ₹566.60
Valuation Significantly Undervalued
! 3 Warning Signs
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What is RHI Magnesita India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RHI Magnesita India  (BOM:534076) 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.


RHI Magnesita India Cyclically Adjusted PB Ratio Related Terms


RHI Magnesita India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RHI Magnesita 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.

RHI Magnesita India Cyclically Adjusted PB Ratio Chart

RHI Magnesita 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 18.41 13.97 8.56 6.07 3.29

RHI Magnesita 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 4.69 0.00 3.29 0.00

BOM:534076 vs ATI, CRS, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, RHI Magnesita 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.


RHI Magnesita India Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:534076
78GF Score
RHI Magnesita India Ltd BOM:534076
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RHI Magnesita 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.

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

For example, RHI Magnesita 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.

RHI Magnesita India Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.882 105.961 31.402
201612 0.000 105.196 0.000
201703 22.746 105.196 36.187
201706 0.000 107.109 0.000
201709 23.241 109.021 35.677
201712 0.000 109.404 0.000
201803 26.870 109.786 40.960
201806 0.000 111.317 0.000
201809 27.504 115.142 39.977
201812 0.000 115.142 0.000
201903 31.317 118.202 44.340
201906 0.000 120.880 0.000
201909 32.227 123.175 43.787
201912 0.000 126.235 0.000
202003 58.540 124.705 78.562
202006 0.000 127.000 0.000
202009 35.486 130.118 45.642
202012 0.000 130.889 0.000
202103 67.070 131.771 85.183
202106 0.000 134.084 0.000
202109 52.988 135.847 65.279
202112 0.000 138.161 0.000
202203 63.897 138.822 77.031
202206 0.000 142.347 0.000
202209 71.030 144.661 82.174
202212 0.000 145.763 0.000
202303 153.782 146.865 175.240
202306 0.000 150.280 0.000
202309 196.854 151.492 217.470
202312 0.000 152.924 0.000
202403 186.233 153.035 203.663
202406 0.000 155.789 0.000
202409 189.483 157.882 200.855
202412 0.000 158.323 0.000
202503 193.637 157.552 205.688
202506 0.000 159.755 0.000
202509 194.676 162.289 200.756
202512 0.000 163.281 0.000
202603 172.418 164.272 175.656
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 RHI Magnesita India (BOM:534076) Overvalued in 2026?

Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued. The current stock price of ₹371.35 is trading 34.5% below its estimated GF Value™ of ₹566.60. GuruFocus considers RHI Magnesita India to be Significantly Undervalued.

Key valuation signals for BOM:534076:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹566.60 vs. price of ₹371.35 (34.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the BOM:534076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RHI Magnesita India Business Description

Other Exchanges RHIM:India
Address Jacaranda Marg, 19th & 20th Floor, DLF Square, M-Block. Phase II, DLF City, Gurugram, HR, IND, 122002
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
78GF Score

Get the complete analysis for BOM:534076

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

₹371.35
Price
₹566.60
GF Value