Hexa Tradex (BOM:534328) Cyclically Adjusted PB Ratio: (As of Sep. 15, 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:534328 Hexa Tradex Ltd BOM:534328
60 GF Score
Price ₹155.00
GF Value ₹165.53
Valuation Fairly Valued
! 2 Warning Signs
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What is Hexa Tradex Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexa Tradex  (BOM:534328) 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.


Hexa Tradex Cyclically Adjusted PB Ratio Related Terms


Hexa Tradex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hexa Tradex'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.

Hexa Tradex Cyclically Adjusted PB Ratio Chart

Hexa Tradex 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 1.42 0.95 0.67 0.62 0.40

Hexa Tradex 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 0.61 0.57 0.52 0.40 0.41

BOM:534328 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Hexa Tradex'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.


Hexa Tradex Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Hexa Tradex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:534328
60GF Score
Hexa Tradex Ltd BOM:534328
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexa Tradex 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.

Hexa Tradex's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Hexa Tradex's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=835.457/164.2724*164.2724
=835.457

Current CPI (Mar26) = 164.2724.

Hexa Tradex Annual Data

Book Value per Share CPI Adj_Book
201703 58.133 105.196 90.780
201803 49.655 109.786 74.298
201903 51.968 118.202 72.223
202003 43.131 124.705 56.816
202103 220.008 131.771 274.274
202203 425.527 138.822 503.540
202303 407.382 146.865 455.669
202403 693.645 153.035 744.582
202503 810.697 157.552 845.279
202603 835.457 164.272 835.457

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 Hexa Tradex (BOM:534328) Overvalued in 2026?

Based on GuruFocus' analysis, Hexa Tradex stock appears to be undervalued. The current stock price of ₹155.00 is trading 6.4% below its estimated GF Value™ of ₹165.53. GuruFocus considers Hexa Tradex to be Fairly Valued.

Key valuation signals for BOM:534328:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹165.53 vs. price of ₹155.00 (6.4% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the BOM:534328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexa Tradex Business Description

Other Exchanges HEXATRADEX:India
Address Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Hexa Tradex Ltd is an Indian based company engaged in providing of Credit Services. The company's segments include Trading activities & other activities and Investment and finance. The company acts as an import and export agent, representative, contractor, selling agent, broker for the trading of chemicals, iron & steel and related products, machinery parts and accessories, minerals, motor vehicle parts, accessories and components, non-ferrous metal and related products, and among others. The company is focused on national and international trading of good and services.
60GF Score

Get the complete analysis for BOM:534328

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

₹155.00
Price
₹165.53
GF Value