Balaxi Pharmaceuticals (NSE:BALAXI) Cyclically Adjusted PB Ratio: 1.12 (As of Jul. 31, 2026) — 51% 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:BALAXI Balaxi Pharmaceuticals Ltd NSE:BALAXI
63 GF Score
Price ₹23.90
GF Value ₹69.20
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Balaxi Pharmaceuticals Cyclically Adjusted PB Ratio?

Balaxi Pharmaceuticals NSE:BALAXI -2.49% 63 Cyclically Adjusted PB Ratio is 1.12 as of Jul. 31, 2026, which is 51% below its 10-year median of 2.27. GuruFocus rates NSE:BALAXI with a GF Score™ of 63/100 and a GF Value™ of ₹69.20 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 746 Drug Manufacturers companies, Balaxi Pharmaceuticals ranks better than 67.43% on this metric.

As of today (2026-07-31), Balaxi Pharmaceuticals's current share price is ₹23.90. Balaxi Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹21.40. Balaxi Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 1.12.

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

NSE:BALAXI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.27   Max: 6.65
Current: 1.14

During the past years, Balaxi Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 6.65. The lowest was 0.99. And the median was 2.27.

NSE:BALAXI's Cyclically Adjusted PB Ratio is ranked better than
67.43% of 746 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs NSE:BALAXI: 1.14

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.

Balaxi Pharmaceuticals's adjusted book value per share data for the three months ended in Mar. 2026 was ₹44.710. 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 ₹21.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balaxi Pharmaceuticals  (NSE:BALAXI) 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.


Balaxi Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


Balaxi Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Balaxi Pharmaceuticals'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.

Balaxi Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Balaxi Pharmaceuticals 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 3.73 0.73

Balaxi Pharmaceuticals 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 3.73 0.00 2.29 0.00 0.73

NSE:BALAXI vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Balaxi Pharmaceuticals'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.


Balaxi Pharmaceuticals Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Balaxi Pharmaceuticals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:BALAXI
63GF Score
Balaxi Pharmaceuticals Ltd NSE:BALAXI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balaxi Pharmaceuticals 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.

Balaxi Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.90/21.40
=1.12

* 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.

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

For example, Balaxi Pharmaceuticals'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)
=44.71/164.2724*164.2724
=44.710

Current CPI (Mar. 2026) = 164.2724.

Balaxi Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 2.016 105.961 3.125
201612 0.000 105.196 0.000
201703 1.529 105.196 2.388
201706 0.000 107.109 0.000
201709 1.258 109.021 1.896
201712 0.000 109.404 0.000
201803 1.023 109.786 1.531
201806 0.000 111.317 0.000
201809 1.082 115.142 1.544
201812 0.000 115.142 0.000
201903 2.316 118.202 3.219
201906 0.000 120.880 0.000
201909 4.758 123.175 6.346
201912 0.000 126.235 0.000
202003 5.549 124.705 7.310
202006 0.000 127.000 0.000
202009 9.300 130.118 11.741
202012 0.000 130.889 0.000
202103 12.996 131.771 16.202
202106 0.000 134.084 0.000
202109 17.740 135.847 21.452
202112 0.000 138.161 0.000
202203 22.633 138.822 26.782
202206 0.000 142.347 0.000
202209 29.176 144.661 33.131
202212 0.000 145.763 0.000
202303 35.925 146.865 40.183
202306 0.000 150.280 0.000
202309 30.279 151.492 32.833
202312 0.000 152.924 0.000
202403 36.955 153.035 39.669
202406 0.000 155.789 0.000
202409 42.405 157.882 44.121
202412 0.000 158.323 0.000
202503 41.975 157.552 43.766
202506 0.000 159.755 0.000
202509 45.558 162.289 46.115
202512 0.000 163.281 0.000
202603 44.710 164.272 44.710

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 1.12 mean?
Balaxi Pharmaceuticals (NSE:BALAXI) has a Cyclically Adjusted PB Ratio of 1.12 as of Jul. 31, 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 Balaxi Pharmaceuticals and its competitors. This is 51% below median its historical median of 2.27. Over the past decade, Balaxi Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 0.99 to 6.65. According to the industry distribution chart, Balaxi Pharmaceuticals ranks #243 out of 746 companies in the Drug Manufacturers industry, placing it in the top 32.6%.
Is Balaxi Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
Balaxi Pharmaceuticals' current Cyclically Adjusted PB Ratio of 1.12 is 51% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 6.65. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Balaxi Pharmaceuticals' value of 1.12 is 37.4% below this industry median. Based on the distribution chart, Balaxi Pharmaceuticals ranks #243 out of 746 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Balaxi Pharmaceuticals has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Balaxi Pharmaceuticals' Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Balaxi Pharmaceuticals ranks #243 out of 746 companies for Cyclically Adjusted PB Ratio. This puts Balaxi Pharmaceuticals in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Balaxi Pharmaceuticals' value of 1.12 is 37.4% below this benchmark. Historically, Balaxi Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 0.99 to 6.65 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 1.79, Balaxi Pharmaceuticals has consistently been below 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.79, based on 746 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. Balaxi Pharmaceuticals's current Cyclically Adjusted PB Ratio of 1.12 is 37.4% below 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 Balaxi Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaxi Pharmaceuticals's current Cyclically Adjusted PB Ratio is 1.12, which is 51% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaxi Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Balaxi Pharmaceuticals (NSE:BALAXI) is currently considered Possible Value Trap. The stock's GF Value™ is ₹69.20, compared to a current price of ₹23.90 — trading 65.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 51% below median its 10-year median of 2.27 and 37.4% below the Drug Manufacturers industry median of 1.79. Balaxi Pharmaceuticals' overall GF Score™ is 63/100 with 5 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 Balaxi Pharmaceuticals (NSE:BALAXI), the current Cyclically Adjusted PB Ratio is 1.12 as of Jul. 31, 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 Balaxi Pharmaceuticals (NSE:BALAXI) Overvalued in 2026?

Based on GuruFocus' analysis, Balaxi Pharmaceuticals stock appears to be undervalued. The current stock price of ₹23.90 is trading 65.5% below its estimated GF Value™ of ₹69.20. GuruFocus considers Balaxi Pharmaceuticals to be Possible Value Trap.

Key valuation signals for NSE:BALAXI:

  • Cyclically Adjusted PB Ratio: 1.12 (51% below median its 10-year median of 2.27)
  • GF Value™: ₹69.20 vs. price of ₹23.90 (65.5% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 37.4% below the Drug Manufacturers median (#243 of 746)

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


Balaxi Pharmaceuticals Business Description

Address Phase-III, Road No: 81, Jubilee Hills, Plot No.409, H,No: 8-2-293, MAPS Towers, 3rd Floor, Hyderabad, TG, IND, 500 096
Balaxi Pharmaceuticals Ltd is an Indian branded IPR-based pharmaceutical company focusing on frontier markets, with a vast and growing portfolio of prescription and OTC drugs, across multiple therapeutic segments. The company operates in single segment Specialized Wholesale. Geographically it earns key revenue from Guatemala.
63GF Score

Get the complete analysis for NSE:BALAXI

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

₹23.90
Price
₹69.20
GF Value