Southern Petrochemicals Industries (FRA:J28) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:J28 Southern Petrochemicals Industries Corp Ltd FRA:J28
75 GF Score
Price €2.50
GF Value €11.08
! 4 Warning Signs
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What is Southern Petrochemicals Industries Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Petrochemicals Industries  (FRA:J28) 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.


Southern Petrochemicals Industries Cyclically Adjusted PB Ratio Related Terms


Southern Petrochemicals Industries Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Southern Petrochemicals 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.

Southern Petrochemicals Industries Cyclically Adjusted PB Ratio Chart

Southern Petrochemicals 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 0.00 0.00 7.96 2.19

Southern Petrochemicals 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 5.54 0.00 2.19 0.00

FRA:J28 vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Southern Petrochemicals 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.


Southern Petrochemicals Industries Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:J28
75GF Score
Southern Petrochemicals Industries Corp Ltd FRA:J28
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Petrochemicals 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.

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

For example, Southern Petrochemicals 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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Southern Petrochemicals Industries Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 229.601 0.000
201303 0.146 232.773 0.209
201403 0.138 236.293 0.195
201503 0.178 236.119 0.252
201603 0.177 238.132 0.248
201703 0.209 243.801 0.286
201803 0.211 249.554 0.282
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.232 254.202 0.305
201906 0.000 256.143 0.000
201909 0.252 256.759 0.328
201912 0.000 256.974 0.000
202003 0.259 258.115 0.335
202006 0.000 257.797 0.000
202009 0.265 260.280 0.340
202012 0.000 260.474 0.000
202103 0.292 264.877 0.368
202106 0.000 271.696 0.000
202109 0.355 274.310 0.432
202112 0.000 278.802 0.000
202203 0.406 287.504 0.472
202206 0.000 296.311 0.000
202209 0.539 296.808 0.606
202212 0.000 296.797 0.000
202303 0.550 301.836 0.609
202306 0.000 305.109 0.000
202309 0.591 307.789 0.641
202312 0.000 306.746 0.000
202403 0.585 312.332 0.625
202406 0.000 314.175 0.000
202409 0.606 315.301 0.642
202412 0.000 315.605 0.000
202503 0.629 319.799 0.657
202506 0.000 322.561 0.000
202509 0.616 324.800 0.633
202512 0.000 324.054 0.000
202603 0.628 330.213 0.635
202606 0.000 333.952 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 Southern Petrochemicals Industries (FRA:J28) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Petrochemicals Industries stock appears to be undervalued. The current stock price of €2.50 is trading 77.4% below its estimated GF Value™ of €11.08.

Key valuation signals for FRA:J28:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €11.08 vs. price of €2.50 (77.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the FRA:J28 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Petrochemicals Industries Business Description

Address Mount Road, Number 88, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a manufacturer and seller of nitrogenous and phosphatic fertilizers, including urea and neem-coated urea. The company operates a large fertilizer complex in Tuticorin, Tamil Nadu, capable of producing substantial volumes to support agricultural productivity across India. SPIC also provides secondary and micronutrient fertilizers, organic fertilizers, biopesticides, and plant growth regulators to enrich soil and crop health. Its industrial by-products, such as phosphoric acid and sulfuric acid, serve other sectors like cement and aluminum production. Revenue is majorly generated from the sale of fertilizer products through an extensive dealer network serving rural and farming communities nationwide.
75GF Score

Get the complete analysis for FRA:J28

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

€2.50
Price
€11.08
GF Value