Blue Dart Express (NSE:BLUEDART) Cyclically Adjusted PB Ratio: (As of Aug. 13, 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:BLUEDART Blue Dart Express Ltd NSE:BLUEDART
89 GF Score
Price ₹5,093.00
GF Value ₹7,540.99
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Blue Dart Express Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Blue Dart Express  (NSE:BLUEDART) 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.


Blue Dart Express Cyclically Adjusted PB Ratio Related Terms


Blue Dart Express Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Blue Dart Express'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.

Blue Dart Express Cyclically Adjusted PB Ratio Chart

Blue Dart Express 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 15.00 10.49

Blue Dart Express 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 13.06 0.00 10.49 0.00

NSE:BLUEDART vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Blue Dart Express'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.


Blue Dart Express Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Blue Dart Express's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Blue Dart Express's Cyclically Adjusted PB Ratio falls into.


NSE:BLUEDART
89GF Score
Blue Dart Express Ltd NSE:BLUEDART
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Blue Dart Express 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.

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

For example, Blue Dart Express'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Blue Dart Express Quarterly Data

Book Value per Share CPI Adj_Book
201112 279.724 75.359 616.716
201403 270.971 91.425 492.432
201503 126.062 97.163 215.562
201603 160.949 102.518 260.841
201703 181.001 105.196 285.871
201709 0.000 109.021 0.000
201803 224.128 109.786 339.184
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 243.476 118.202 342.231
201906 0.000 120.880 0.000
201909 237.100 123.175 319.814
201912 0.000 126.235 0.000
202003 206.857 124.705 275.597
202006 0.000 127.000 0.000
202009 171.662 130.118 219.192
202012 0.000 130.889 0.000
202103 249.477 131.771 314.558
202106 0.000 134.084 0.000
202109 285.818 135.847 349.565
202112 0.000 138.161 0.000
202203 367.494 138.822 439.826
202206 0.000 142.347 0.000
202209 433.357 144.661 497.717
202212 0.000 145.763 0.000
202303 497.117 146.865 562.380
202306 0.000 150.280 0.000
202309 512.736 151.492 562.332
202312 0.000 152.924 0.000
202403 576.226 153.035 625.593
202406 0.000 155.789 0.000
202409 600.489 157.882 631.917
202412 0.000 158.323 0.000
202503 657.047 157.552 692.886
202506 0.000 159.755 0.000
202509 687.513 162.289 703.849
202512 0.000 163.281 0.000
202603 748.833 164.272 757.371
202606 0.000 166.145 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 Blue Dart Express (NSE:BLUEDART) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Dart Express stock appears to be undervalued. The current stock price of ₹5,093.00 is trading 32.5% below its estimated GF Value™ of ₹7,540.99. GuruFocus considers Blue Dart Express to be Significantly Undervalued.

Key valuation signals for NSE:BLUEDART:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹7,540.99 vs. price of ₹5,093.00 (32.5% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Blue Dart Express Business Description

Other Exchanges 526612:India
Address Sahar Airport Road, Blue Dart Centre, Andheri (East), Mumbai, MH, IND, 400 099
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.
89GF Score

Get the complete analysis for NSE:BLUEDART

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

₹5,093.00
Price
₹7,540.99
GF Value