Apex Frozen Foods (BOM:540692) Cyclically Adjusted PB Ratio: (As of Aug. 22, 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.
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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:540692 Apex Frozen Foods Ltd BOM:540692
71 GF Score
Price ₹400.35
GF Value ₹267.74
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Apex Frozen Foods Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Frozen Foods  (BOM:540692) 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.


Apex Frozen Foods Cyclically Adjusted PB Ratio Related Terms


Apex Frozen Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apex Frozen Foods'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.

Apex Frozen Foods Cyclically Adjusted PB Ratio Chart

Apex Frozen Foods 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 0.00 2.64

Apex Frozen Foods 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 2.64 0.00

BOM:540692 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Apex Frozen Foods'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.


Apex Frozen Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apex Frozen Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Apex Frozen Foods's Cyclically Adjusted PB Ratio falls into.


BOM:540692
71GF Score
Apex Frozen Foods Ltd BOM:540692
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Frozen Foods 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.

Apex Frozen Foods's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Apex Frozen Foods'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.

Apex Frozen Foods Quarterly Data

Book Value per Share CPI Adj_Book
201503 17.915 97.163 30.858
201603 26.607 102.518 43.435
201612 29.323 105.196 46.650
201703 35.016 105.196 55.707
201709 80.533 109.021 123.625
201712 0.000 109.404 0.000
201803 96.735 109.786 147.462
201806 0.000 111.317 0.000
201809 103.824 115.142 150.907
201812 0.000 115.142 0.000
201903 113.627 118.202 160.880
201906 0.000 120.880 0.000
201909 121.523 123.175 165.113
201912 0.000 126.235 0.000
202003 126.676 124.705 170.002
202006 0.000 127.000 0.000
202009 137.258 130.118 176.541
202012 0.000 130.889 0.000
202103 140.742 131.771 178.752
202106 0.000 134.084 0.000
202109 146.396 135.847 180.353
202112 0.000 138.161 0.000
202203 149.896 138.822 180.708
202206 0.000 142.347 0.000
202209 157.877 144.661 182.647
202212 0.000 145.763 0.000
202303 156.788 146.865 178.665
202306 0.000 150.280 0.000
202309 160.623 151.492 177.445
202312 0.000 152.924 0.000
202403 159.058 153.035 173.945
202406 0.000 155.789 0.000
202409 157.741 157.882 167.208
202412 0.000 158.323 0.000
202503 158.234 157.552 168.082
202506 0.000 159.755 0.000
202509 162.945 162.289 168.034
202512 0.000 163.281 0.000
202603 168.958 164.272 172.131
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 Apex Frozen Foods (BOM:540692) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Frozen Foods stock appears to be overvalued. The current stock price of ₹400.35 is trading 49.5% above its estimated GF Value™ of ₹267.74. GuruFocus considers Apex Frozen Foods to be Significantly Overvalued.

Key valuation signals for BOM:540692:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹267.74 vs. price of ₹400.35 (49.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the BOM:540692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Frozen Foods Business Description

Other Exchanges APEX:India
Address 3-160, Panasapadu, East Godavari District, Kakinada, AP, IND, 533005
Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimps, namely the Whiteleg Shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon), which are sold under the brands owned by the company and its customers, namely Bay Fresh, Bay Harvest, and Bay Premium.
71GF Score

Get the complete analysis for BOM:540692

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

₹400.35
Price
₹267.74
GF Value