Black Rose Industries (NSE:BLACKROSE) Cyclically Adjusted PB Ratio: (As of Aug. 28, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:BLACKROSE Black Rose Industries Ltd NSE:BLACKROSE
57 GF Score
Price ₹114.31
GF Value ₹113.71
Valuation Fairly Valued
! 1 Warning Sign
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What is Black Rose Industries Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Black Rose Industries  (NSE:BLACKROSE) 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.


Black Rose Industries Cyclically Adjusted PB Ratio Related Terms


Black Rose Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Black Rose Industries'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.

Black Rose Industries Cyclically Adjusted PB Ratio Chart

Black Rose Industries 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 5.54 3.14

Black Rose Industries 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 5.51 0.00 3.14 0.00

NSE:BLACKROSE vs : Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Black Rose Industries'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.


Black Rose Industries Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Black Rose Industries's Cyclically Adjusted PB Ratio falls into.


NSE:BLACKROSE
57GF Score
Black Rose Industries Ltd NSE:BLACKROSE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Rose Industries 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.

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

For example, Black Rose Industries'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.

Black Rose Industries Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201403 3.671 91.425 6.720
201406 0.000 94.103 0.000
201503 3.783 97.163 6.516
201603 4.083 102.518 6.665
201703 4.994 105.196 7.945
201803 6.951 109.786 10.596
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 9.481 118.202 13.424
201906 0.000 120.880 0.000
201909 11.297 123.175 15.349
201912 0.000 126.235 0.000
202003 13.232 124.705 17.758
202006 0.000 127.000 0.000
202009 14.821 130.118 19.063
202012 0.000 130.889 0.000
202103 18.233 131.771 23.157
202106 0.000 134.084 0.000
202109 21.523 135.847 26.515
202112 0.000 138.161 0.000
202203 23.990 138.822 28.921
202206 0.000 142.347 0.000
202209 25.062 144.661 28.994
202212 0.000 145.763 0.000
202303 24.917 146.865 28.394
202306 0.000 150.280 0.000
202309 26.829 151.492 29.639
202312 0.000 152.924 0.000
202403 28.445 153.035 31.107
202406 0.000 155.789 0.000
202409 27.725 157.882 29.389
202412 0.000 158.323 0.000
202503 29.972 157.552 31.837
202506 0.000 159.755 0.000
202509 30.507 162.289 31.460
202512 0.000 163.281 0.000
202603 33.223 164.272 33.847
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 Black Rose Industries (NSE:BLACKROSE) Overvalued in 2026?

Based on GuruFocus' analysis, Black Rose Industries stock appears to be overvalued. The current stock price of ₹114.31 is trading 0.5% above its estimated GF Value™ of ₹113.71. GuruFocus considers Black Rose Industries to be Fairly Valued.

Key valuation signals for NSE:BLACKROSE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹113.71 vs. price of ₹114.31 (0.5% above fair value)
  • GF Score™: 57/100 with 1 warning sign

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


Black Rose Industries Business Description

Comparable Companies
Other Exchanges 514183:India
Address Nariman Point, 145/A, Mittal Towers, Mumbai, MH, IND, 400021
Black Rose Industries Ltd is engaged in the business of chemical distribution and chemical manufacturing. It operates through two segments: Chemicals and Others. The Chemical distribution business consists mainly of import and sales of specialty and performance chemicals. Its product offerings consist of specialty chemicals, flocculants, cyanoacrylate adhesives, polymer additives, and acrylamide among others. The majority of the company's revenue is generated from the Chemicals segment. Geographically, the company caters to both the Indian and the international markets and derives maximum revenue from its customers located outside India.
57GF Score

Get the complete analysis for NSE:BLACKROSE

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

₹114.31
Price
₹113.71
GF Value