Advanced Enzyme Technologies (NSE:ADVENZYMES) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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

NSE:ADVENZYMES Advanced Enzyme Technologies Ltd NSE:ADVENZYMES
88 GF Score
Price ₹294.05
GF Value ₹415.34
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Advanced Enzyme Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Enzyme Technologies  (NSE:ADVENZYMES) 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.


Advanced Enzyme Technologies Cyclically Adjusted PB Ratio Related Terms


Advanced Enzyme Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Enzyme Technologies'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.

Advanced Enzyme Technologies Cyclically Adjusted PB Ratio Chart

Advanced Enzyme Technologies 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 4.74 3.23 4.12 2.88 2.28

Advanced Enzyme Technologies 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 3.27 3.26 3.01 2.36 2.79

NSE:ADVENZYMES vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Advanced Enzyme Technologies'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.


Advanced Enzyme Technologies Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Advanced Enzyme Technologies's Cyclically Adjusted PB Ratio falls into.


NSE:ADVENZYMES
88GF Score
Advanced Enzyme Technologies Ltd NSE:ADVENZYMES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Enzyme Technologies 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.

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

For example, Advanced Enzyme Technologies'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Advanced Enzyme Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 105.961 0.000
201612 105.196 0.000
201703 43.464 105.196 69.147
201706 107.109 0.000
201709 46.729 109.021 71.733
201712 48.625 109.404 74.383
201803 52.108 109.786 79.433
201806 111.317 0.000
201809 59.855 115.142 86.998
201812 115.142 0.000
201903 63.127 118.202 89.379
201906 120.880 0.000
201909 68.998 123.175 93.747
201912 72.415 126.235 96.005
202003 77.674 124.705 104.240
202006 127.000 0.000
202009 82.891 130.118 106.614
202012 86.588 130.889 110.713
202103 92.422 131.771 117.382
202106 134.084 0.000
202109 96.283 135.847 118.616
202112 138.161 0.000
202203 102.002 138.822 122.969
202206 142.347 0.000
202209 108.724 144.661 125.782
202212 145.763 0.000
202303 114.839 146.865 130.863
202306 150.280 0.000
202309 116.141 151.492 128.304
202312 152.924 0.000
202403 122.610 153.035 134.085
202406 155.789 0.000
202409 124.194 157.882 131.647
202412 158.323 0.000
202503 131.271 157.552 139.441
202506 159.755 0.000
202509 137.071 162.289 141.352
202512 163.281 0.000
202603 150.377 164.272 153.201
202606 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 Advanced Enzyme Technologies (NSE:ADVENZYMES) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Enzyme Technologies stock appears to be undervalued. The current stock price of ₹294.05 is trading 29.2% below its estimated GF Value™ of ₹415.34. GuruFocus considers Advanced Enzyme Technologies to be Modestly Undervalued.

Key valuation signals for NSE:ADVENZYMES:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹415.34 vs. price of ₹294.05 (29.2% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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


Advanced Enzyme Technologies Business Description

Other Exchanges 540025:India
Address Near LIC Service Road, Sun Magnetica, A Wing, 5th Floor, Louiswadi, Thane (West), Thane, MH, IND, 400604
Advanced Enzyme Technologies Ltd is an Indian company engaged in research activities to manufacture and sell enzymes. The company operates only in one business segment, viz., manufacturing and sales of enzymes. The company offers enzymes for human healthcare and nutrition, animal nutrition, food processing, and non-food processing. Some of the products offered by the company are serratiopeptidase, fungal lipase, papain, hemicellulose, and digegrain, among others. Geographically, the entity operates in India, Europe, the USA, Asia, and other countries, of which a majority of the revenue is derived from India.
88GF Score

Get the complete analysis for NSE:ADVENZYMES

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

₹294.05
Price
₹415.34
GF Value