Axita Cotton (NSE:AXITA) Cyclically Adjusted PB Ratio: 7.36 (As of Jul. 27, 2026) — 35% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

NSE:AXITA Axita Cotton Ltd NSE:AXITA
61 GF Score
Price ₹7.36
GF Value ₹5.39
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Axita Cotton Cyclically Adjusted PB Ratio?

Axita Cotton NSE:AXITA +0.68% 61 Cyclically Adjusted PB Ratio is 7.36 as of Jul. 27, 2026, which is 35% below its 10-year median of 11.28. GuruFocus rates NSE:AXITA with a GF Score™ of 61/100 and a GF Value™ of ₹5.39 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 875 Manufacturing - Apparel & Accessories companies, Axita Cotton ranks worse than 94.4% on this metric.

As of today (2026-07-27), Axita Cotton's current share price is ₹7.36. Axita Cotton's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹1.00. Axita Cotton's Cyclically Adjusted PB Ratio for today is 7.36.

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

NSE:AXITA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.3   Med: 11.28   Max: 81.98
Current: 7.3

During the past 13 years, Axita Cotton's highest Cyclically Adjusted PB Ratio was 81.98. The lowest was 7.30. And the median was 11.28.

NSE:AXITA's Cyclically Adjusted PB Ratio is ranked worse than
94.4% of 875 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.97 vs NSE:AXITA: 7.30

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.

Axita Cotton's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹1.697. 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 ₹1.00 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axita Cotton  (NSE:AXITA) 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.


Axita Cotton Cyclically Adjusted PB Ratio Related Terms


Axita Cotton Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Axita Cotton'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.

Axita Cotton Cyclically Adjusted PB Ratio Chart

Axita Cotton 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 63.20 22.37 11.23 8.57

Axita Cotton Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.23 0.00 0.00 0.00 8.57

Axita Cotton Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Axita Cotton'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.


Axita Cotton Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Axita Cotton's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:AXITA
61GF Score
Axita Cotton Ltd NSE:AXITA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axita Cotton 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.

Axita Cotton's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.36/1.00
=7.36

* 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.

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

For example, Axita Cotton'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)
=1.697/164.2724*164.2724
=1.697

Current CPI (Mar26) = 164.2724.

Axita Cotton Annual Data

Book Value per Share CPI Adj_Book
201703 0.063 105.196 0.098
201803 0.100 109.786 0.150
201903 0.463 118.202 0.643
202003 0.471 124.705 0.620
202103 0.539 131.771 0.672
202203 0.943 138.822 1.116
202303 1.362 146.865 1.523
202403 1.687 153.035 1.811
202503 1.638 157.552 1.708
202603 1.697 164.272 1.697

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 7.36 mean?
Axita Cotton (NSE:AXITA) has a Cyclically Adjusted PB Ratio of 7.36 as of Jul. 27, 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 Axita Cotton and its competitors. This is 35% below median its historical median of 11.28. Over the past decade, Axita Cotton's Cyclically Adjusted PB Ratio has ranged from 7.30 to 81.98. According to the industry distribution chart, Axita Cotton ranks #826 out of 875 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.4%.
Is Axita Cotton's Cyclically Adjusted PB Ratio too high?
Axita Cotton's current Cyclically Adjusted PB Ratio of 7.36 is 35% below median its 10-year median of 11.28. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 81.98. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.97. Axita Cotton's value of 7.36 is 658.8% above this industry median. Based on the distribution chart, Axita Cotton ranks #826 out of 875 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Axita Cotton has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axita Cotton's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Axita Cotton ranks #826 out of 875 companies for Cyclically Adjusted PB Ratio. This places Axita Cotton in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Axita Cotton's value of 7.36 is 658.8% above this benchmark. Historically, Axita Cotton's own Cyclically Adjusted PB Ratio has ranged from 7.30 to 81.98 over the past decade. While the company's 10-year median is 11.28 vs. the industry median of 0.97, Axita Cotton 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.97, based on 875 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. Axita Cotton's current Cyclically Adjusted PB Ratio of 7.36 is 658.8% 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 Axita Cotton and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axita Cotton's current Cyclically Adjusted PB Ratio is 7.36, which is 35% below median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axita Cotton stock overvalued right now?
Based on GuruFocus' analysis, Axita Cotton (NSE:AXITA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.39, compared to a current price of ₹7.36 — trading 36.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.36, which is 35% below median its 10-year median of 11.28 and 658.8% above the Manufacturing - Apparel & Accessories industry median of 0.97. Axita Cotton's overall GF Score™ is 61/100 with 3 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 Axita Cotton (NSE:AXITA), the current Cyclically Adjusted PB Ratio is 7.36 as of Jul. 27, 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 Axita Cotton (NSE:AXITA) Overvalued in 2026?

Based on GuruFocus' analysis, Axita Cotton stock appears to be overvalued. The current stock price of ₹7.36 is trading 36.5% above its estimated GF Value™ of ₹5.39. GuruFocus considers Axita Cotton to be Significantly Overvalued.

Key valuation signals for NSE:AXITA:

  • Cyclically Adjusted PB Ratio: 7.36 (35% below median its 10-year median of 11.28)
  • GF Value™: ₹5.39 vs. price of ₹7.36 (36.5% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 658.8% above the Manufacturing - Apparel & Accessories median (#826 of 875)

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


Axita Cotton Business Description

Other Exchanges 542285:India
Address Rannade House, First Floor, Opposite Sankalp Grace 3, Near Ishan Bunglows, Shilaj, Ahemdabad, GJ, IND, 380059
Axita Cotton Ltd is an India-based company engaged in the manufacturing, processing, and finishing of Kapas, cotton bales, and cotton seeds. It earns revenue from bales sales domestically, bales sales exports, and Shankar Kapasia.
61GF Score

Get the complete analysis for NSE:AXITA

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

₹7.36
Price
₹5.39
GF Value