Sayaji Industries (BOM:540728) Cyclically Adjusted PB Ratio: (As of Sep. 06, 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:540728 Sayaji Industries Ltd BOM:540728
49 GF Score
Price ₹115.00
GF Value ₹73.75
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sayaji Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sayaji Industries  (BOM:540728) 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.


Sayaji Industries Cyclically Adjusted PB Ratio Related Terms


Sayaji Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sayaji Industries'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.

Sayaji Industries Cyclically Adjusted PB Ratio Chart

Sayaji Industries 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 1.23 1.14 1.86 2.22

Sayaji Industries 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 1.85 0.00 2.22 0.00

BOM:540728 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Sayaji Industries'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.


Sayaji Industries Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


BOM:540728
49GF Score
Sayaji Industries Ltd BOM:540728
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sayaji Industries 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.

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

For example, Sayaji Industries'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.

Sayaji Industries Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.000 102.901 0.000
201603 22.125 102.518 36.118
201606 0.000 105.961 0.000
201609 19.870 105.961 31.383
201612 0.000 105.196 0.000
201703 23.460 105.196 37.323
201803 25.317 109.786 38.593
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 31.815 118.202 45.045
201906 0.000 120.880 0.000
201909 29.725 123.175 40.387
201912 0.000 126.235 0.000
202003 30.412 124.705 40.814
202006 0.000 127.000 0.000
202009 30.793 130.118 39.606
202012 0.000 130.889 0.000
202103 37.086 131.771 47.102
202106 0.000 134.084 0.000
202109 39.782 135.847 49.010
202112 0.000 138.161 0.000
202203 43.698 138.822 52.680
202206 0.000 142.347 0.000
202209 43.732 144.661 50.593
202212 0.000 145.763 0.000
202303 45.764 146.865 52.150
202306 0.000 150.280 0.000
202309 44.795 151.492 49.486
202312 0.000 152.924 0.000
202403 40.944 153.035 44.776
202406 0.000 155.789 0.000
202409 39.862 157.882 42.254
202412 0.000 158.323 0.000
202503 36.198 157.552 38.451
202506 0.000 159.755 0.000
202509 31.053 162.289 32.023
202512 0.000 163.281 0.000
202603 36.667 164.272 37.356
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 Sayaji Industries (BOM:540728) Overvalued in 2026?

Based on GuruFocus' analysis, Sayaji Industries stock appears to be overvalued. The current stock price of ₹115.00 is trading 55.9% above its estimated GF Value™ of ₹73.75. GuruFocus considers Sayaji Industries to be Significantly Overvalued.

Key valuation signals for BOM:540728:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹73.75 vs. price of ₹115.00 (55.9% above fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BOM:540728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sayaji Industries Business Description

Other Exchanges SAYAJIIND:India
Address Ambli-Bopal Road, 2nd Floor, ONE42, North Tower, Ahmedabad, GJ, IND, 380058
Sayaji Industries Ltd is an India-based company. The company is engaged in the manufacturing of starches and their derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, and its by-products like Maize Oil, Maize Gluten. The reporting segments of the company are agro processing-maize, agri seeds, and spray-dried food products. The company is also engaged in the manufacturing of caramel color, spray drying of fruits and vegetable powder, and processing and selling of seeds. The company caters its products to the textile, pharmaceutical, foods, and beverages industries, paper and packaging, confectionery, soaps, detergent industries, seeds industries., and other related industries.
49GF Score

Get the complete analysis for BOM:540728

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

₹115.00
Price
₹73.75
GF Value