BASF India (NSE:BASF) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

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.
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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:BASF BASF India Ltd NSE:BASF
76 GF Score
Price ₹3,872.20
GF Value ₹4,683.68
Valuation Modestly Undervalued
! 3 Warning Signs
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What is BASF India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BASF India  (NSE:BASF) 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.


BASF India Cyclically Adjusted PB Ratio Related Terms


BASF India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BASF India'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.

BASF India Cyclically Adjusted PB Ratio Chart

BASF India 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 7.72 5.17 6.92 8.32 5.34

BASF India 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 7.71 0.00 5.34 0.00

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

For the Specialty Chemicals subindustry, BASF India'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.


BASF India Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


NSE:BASF
76GF Score
BASF India Ltd NSE:BASF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BASF India 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.

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

For example, BASF India'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

BASF India Quarterly Data

Book Value per Share CPI Adj_Book
201609 254.788 105.961 402.418
201612 0.000 105.196 0.000
201703 254.652 105.196 405.128
201706 0.000 107.109 0.000
201709 292.882 109.021 449.599
201712 0.000 109.404 0.000
201803 310.472 109.786 473.280
201806 0.000 111.317 0.000
201809 314.716 115.142 457.436
201812 0.000 115.142 0.000
201903 326.416 118.202 462.158
201906 0.000 120.880 0.000
201909 320.709 123.175 435.746
201912 0.000 126.235 0.000
202003 287.393 124.705 385.688
202006 0.000 127.000 0.000
202009 372.326 130.118 478.885
202012 0.000 130.889 0.000
202103 412.639 131.771 524.079
202106 0.000 134.084 0.000
202109 482.415 135.847 594.313
202112 0.000 138.161 0.000
202203 539.685 138.822 650.620
202206 0.000 142.347 0.000
202209 603.262 144.661 697.909
202212 0.000 145.763 0.000
202303 624.045 146.865 711.121
202306 0.000 150.280 0.000
202309 676.542 151.492 747.394
202312 0.000 152.924 0.000
202403 744.698 153.035 814.396
202406 0.000 155.789 0.000
202409 810.572 157.882 859.217
202412 0.000 158.323 0.000
202503 839.597 157.552 891.851
202506 0.000 159.755 0.000
202509 875.043 162.289 902.370
202512 0.000 163.281 0.000
202603 914.259 164.272 931.428
202606 0.000 167.357 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 BASF India (NSE:BASF) Overvalued in 2026?

Based on GuruFocus' analysis, BASF India stock appears to be undervalued. The current stock price of ₹3,872.20 is trading 17.3% below its estimated GF Value™ of ₹4,683.68. GuruFocus considers BASF India to be Modestly Undervalued.

Key valuation signals for NSE:BASF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹4,683.68 vs. price of ₹3,872.20 (17.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


BASF India Business Description

Other Exchanges 500042:India
Address Eastern Express Highway, Unit Nos. 10A, 10B, 10C, 10th Floor, Godrej One, Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400 079
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. The industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. Chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.
76GF Score

Get the complete analysis for NSE:BASF

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

₹3,872.20
Price
₹4,683.68
GF Value