Maximus International (BOM:540401) Cyclically Adjusted PB Ratio: 4.92 (As of Aug. 26, 2026) — 10% Above Median

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BOM:540401 Maximus International Ltd BOM:540401
83 GF Score
Price ₹14.61
GF Value ₹17.04
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Maximus International Cyclically Adjusted PB Ratio?

Maximus International BOM:540401 +0.76% 83 Cyclically Adjusted PB Ratio is 4.92 as of Aug. 26, 2026, which is 10% above its 10-year median of 4.49. GuruFocus rates BOM:540401 with a GF Score™ of 83/100 and a GF Value™ of ₹17.04 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,126 Chemicals companies, Maximus International ranks worse than 84.9% on this metric.

As of today (2026-08-26), Maximus International's current share price is ₹14.61. Maximus International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹2.97. Maximus International's Cyclically Adjusted PB Ratio for today is 4.92.

The historical rank and industry rank for Maximus International's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:540401' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.06   Med: 4.49   Max: 5.35
Current: 4.92

During the past 11 years, Maximus International's highest Cyclically Adjusted PB Ratio was 5.35. The lowest was 3.06. And the median was 4.49.

BOM:540401's Cyclically Adjusted PB Ratio is ranked worse than
84.9% of 1126 companies
in the Chemicals industry
Industry Median: 1.66 vs BOM:540401: 4.92

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Maximus International's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹6.400. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹2.97 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maximus International  (BOM:540401) 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.


Maximus International Cyclically Adjusted PB Ratio Related Terms


Maximus International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maximus International'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.

Maximus International Cyclically Adjusted PB Ratio Chart

Maximus International 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 4.50 3.03

Maximus International 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 0.00 0.00 3.03 0.00

BOM:540401 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Maximus International'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.


Maximus International Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


BOM:540401
83GF Score
Maximus International Ltd BOM:540401
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maximus International 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.

Maximus International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.61/2.97
=4.92

* 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.

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

For example, Maximus International'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)
=6.4/164.2724*164.2724
=6.400

Current CPI (Mar26) = 164.2724.

Maximus International Annual Data

Book Value per Share CPI Adj_Book
201703 0.882 105.196 1.377
201803 1.122 109.786 1.679
201903 1.309 118.202 1.819
202003 1.535 124.705 2.022
202103 1.687 131.771 2.103
202203 2.077 138.822 2.458
202303 2.550 146.865 2.852
202403 3.232 153.035 3.469
202503 5.299 157.552 5.525
202603 6.400 164.272 6.400

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.

What does a Cyclically Adjusted PB Ratio of 4.92 mean?
Maximus International (BOM:540401) has a Cyclically Adjusted PB Ratio of 4.92 as of Aug. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Maximus International and its competitors. This is 10% above median its historical median of 4.49. Over the past decade, Maximus International's Cyclically Adjusted PB Ratio has ranged from 3.06 to 5.35. According to the industry distribution chart, Maximus International ranks #956 out of 1126 companies in the Chemicals industry, placing it in the top 84.9%.
Is Maximus International's Cyclically Adjusted PB Ratio too high?
Maximus International's current Cyclically Adjusted PB Ratio of 4.92 is 10% above median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 5.35. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Maximus International's value of 4.92 is 196.4% above this industry median. Based on the distribution chart, Maximus International ranks #956 out of 1126 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Maximus International has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maximus International's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Maximus International ranks #956 out of 1126 companies for Cyclically Adjusted PB Ratio. This places Maximus International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Maximus International's value of 4.92 is 196.4% above this benchmark. Historically, Maximus International's own Cyclically Adjusted PB Ratio has ranged from 3.06 to 5.35 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 1.66, Maximus International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,126 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maximus International's current Cyclically Adjusted PB Ratio of 4.92 is 196.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Maximus International and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus International's current Cyclically Adjusted PB Ratio is 4.92, which is 10% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus International stock overvalued right now?
Based on GuruFocus' analysis, Maximus International (BOM:540401) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹17.04, compared to a current price of ₹14.61 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.92, which is 10% above median its 10-year median of 4.49 and 196.4% above the Chemicals industry median of 1.66. Maximus International's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Maximus International (BOM:540401), the current Cyclically Adjusted PB Ratio is 4.92 as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maximus International (BOM:540401) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus International stock appears to be undervalued. The current stock price of ₹14.61 is trading 14.3% below its estimated GF Value™ of ₹17.04. GuruFocus considers Maximus International to be Modestly Undervalued.

Key valuation signals for BOM:540401:

  • Cyclically Adjusted PB Ratio: 4.92 (10% above median its 10-year median of 4.49)
  • GF Value™: ₹17.04 vs. price of ₹14.61 (14.3% below fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 196.4% above the Chemicals median (#956 of 1126)

No single metric tells the full story. See the BOM:540401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maximus International Business Description

Address Dr. Vikram Sarabhai Marg, 504A, 5th Floor, Ozone, Vadi Wadi, Vadodara, GJ, IND, 390003
Maximus International Ltd is engaged in the import and export of oils and chemicals. Its product portfolio comprises automotive lubricants, metal working fluids, textile oils, general equipment oils, refrigeration oils, electrical fluids, and specialty oils. The company sells its products in India and Outside India, of which the maximum revenue is made from the sales of its products Outside India.
83GF Score

Get the complete analysis for BOM:540401

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

₹14.61
Price
₹17.04
GF Value