Balaji Amines (NSE:BALAMINES) Cyclically Adjusted PB Ratio: 6.43 (As of Jul. 20, 2026) — 31% Above Median

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NSE:BALAMINES Balaji Amines Ltd NSE:BALAMINES
78 GF Score
Price ₹2,289.10
GF Value ₹1,668.78
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Balaji Amines Cyclically Adjusted PB Ratio?

Balaji Amines NSE:BALAMINES -3.49% 78 Cyclically Adjusted PB Ratio is 6.43 as of Jul. 20, 2026, which is 31% above its 10-year median of 4.91. GuruFocus rates NSE:BALAMINES with a GF Score™ of 78/100 and a GF Value™ of ₹1,668.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,278 Chemicals companies, Balaji Amines ranks worse than 88.26% on this metric.

As of today (2026-07-20), Balaji Amines's current share price is ₹2289.10. Balaji Amines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹355.78. Balaji Amines's Cyclically Adjusted PB Ratio for today is 6.43.

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

NSE:BALAMINES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.99   Med: 4.91   Max: 8.82
Current: 6.43

During the past years, Balaji Amines's highest Cyclically Adjusted PB Ratio was 8.82. The lowest was 2.99. And the median was 4.91.

NSE:BALAMINES's Cyclically Adjusted PB Ratio is ranked worse than
88.26% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs NSE:BALAMINES: 6.43

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.

Balaji Amines's adjusted book value per share data for the three months ended in Mar. 2026 was ₹609.998. 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 ₹355.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balaji Amines  (NSE:BALAMINES) 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.


Balaji Amines Cyclically Adjusted PB Ratio Related Terms


Balaji Amines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Balaji Amines'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.

Balaji Amines Cyclically Adjusted PB Ratio Chart

Balaji Amines 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 4.22 2.75

Balaji Amines 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 4.22 0.00 4.24 0.00 2.75

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

For the Specialty Chemicals subindustry, Balaji Amines'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.


Balaji Amines Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


NSE:BALAMINES
78GF Score
Balaji Amines Ltd NSE:BALAMINES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balaji Amines 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.

Balaji Amines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2289.10/355.78
=6.43

* 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.

Balaji Amines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Balaji Amines's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=609.998/164.2724*164.2724
=609.998

Current CPI (Mar. 2026) = 164.2724.

Balaji Amines Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 101.511 82.244 202.755
201212 0.000 83.774 0.000
201303 52.893 85.687 101.402
201403 62.072 91.425 111.531
201503 70.341 97.163 118.925
201603 88.889 102.518 142.433
201703 111.868 105.196 174.691
201803 144.151 109.786 215.692
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 177.296 118.202 246.399
201906 0.000 120.880 0.000
201909 189.523 123.175 252.757
201912 0.000 126.235 0.000
202003 203.124 124.705 267.573
202006 0.000 127.000 0.000
202009 226.968 130.118 286.545
202012 0.000 130.889 0.000
202103 276.038 131.771 344.124
202106 0.000 134.084 0.000
202109 324.547 135.847 392.457
202112 0.000 138.161 0.000
202203 385.744 138.822 456.464
202206 0.000 142.347 0.000
202209 445.806 144.661 506.243
202212 0.000 145.763 0.000
202303 479.687 146.865 536.544
202306 0.000 150.280 0.000
202309 496.435 151.492 538.316
202312 0.000 152.924 0.000
202403 531.421 153.035 570.445
202406 0.000 155.789 0.000
202409 546.428 157.882 568.544
202412 0.000 158.323 0.000
202503 569.445 157.552 593.736
202506 0.000 159.755 0.000
202509 580.838 162.289 587.936
202512 0.000 163.281 0.000
202603 609.998 164.272 609.998

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 6.43 mean?
Balaji Amines (NSE:BALAMINES) has a Cyclically Adjusted PB Ratio of 6.43 as of Jul. 20, 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 Balaji Amines and its competitors. This is 31% above median its historical median of 4.91. Over the past decade, Balaji Amines' Cyclically Adjusted PB Ratio has ranged from 2.99 to 8.82. According to the industry distribution chart, Balaji Amines ranks #1128 out of 1278 companies in the Chemicals industry, placing it in the top 88.3%.
Is Balaji Amines' Cyclically Adjusted PB Ratio too high?
Balaji Amines' current Cyclically Adjusted PB Ratio of 6.43 is 31% above median its 10-year median of 4.91. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 8.82. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Balaji Amines' value of 6.43 is 286.2% above this industry median. Based on the distribution chart, Balaji Amines ranks #1128 out of 1278 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Balaji Amines has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balaji Amines' Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Balaji Amines ranks #1128 out of 1278 companies for Cyclically Adjusted PB Ratio. This places Balaji Amines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Balaji Amines' value of 6.43 is 286.2% above this benchmark. Historically, Balaji Amines' own Cyclically Adjusted PB Ratio has ranged from 2.99 to 8.82 over the past decade. While the company's 10-year median is 4.91 vs. the industry median of 1.67, Balaji Amines 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. Balaji Amines's current Cyclically Adjusted PB Ratio of 6.43 is 286.2% 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 Balaji Amines and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Amines's current Cyclically Adjusted PB Ratio is 6.43, which is 31% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Amines stock overvalued right now?
Based on GuruFocus' analysis, Balaji Amines (NSE:BALAMINES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,668.78, compared to a current price of ₹2,289.10 — trading 37.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.43, which is 31% above median its 10-year median of 4.91 and 286.2% above the Chemicals industry median of 1.67. Balaji Amines' overall GF Score™ is 78/100 with 9 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 Balaji Amines (NSE:BALAMINES), the current Cyclically Adjusted PB Ratio is 6.43 as of Jul. 20, 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 Balaji Amines (NSE:BALAMINES) Overvalued in 2026?

Based on GuruFocus' analysis, Balaji Amines stock appears to be overvalued. The current stock price of ₹2,289.10 is trading 37.2% above its estimated GF Value™ of ₹1,668.78. GuruFocus considers Balaji Amines to be Significantly Overvalued.

Key valuation signals for NSE:BALAMINES:

  • Cyclically Adjusted PB Ratio: 6.43 (31% above median its 10-year median of 4.91)
  • GF Value™: ₹1,668.78 vs. price of ₹2,289.10 (37.2% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 286.2% above the Chemicals median (#1128 of 1278)

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


Balaji Amines Business Description

Other Exchanges 530999:India
Address Plot No. 47, Kavuri Hills, Balaji Bhawan, Behind Jubilee Ridge Hotel, Madhapur, Hyderabad, TG, IND, 500 003
Balaji Amines Ltd is engaged in the manufacture and sale of aliphatic amines, speciality chemicals, and their derivatives. The Company's manufacturing facilities operate through Distributed Control Systems (DCS), indigenous process technologies, and a Zero Liquid Discharge (ZLD) framework. The business operates through the Chemicals and Hotel segments, with the Chemicals segment generating maximum revenue. Its products include amines such as Mono Methyl Amine (MMA), Di-Methyl Amine (DMA) and others; speciality chemicals such as Morpholine, Acetonitrile (ACN), and others; and amine derivatives such as Mono-Methyl Amine Hydrochloride (MMA HCL), Di-Methyl Amine Hydrochloride (DMA HCL) and others. Geographically, the Company generates maximum revenue from India.
78GF Score

Get the complete analysis for NSE:BALAMINES

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

₹2,289.10
Price
₹1,668.78
GF Value