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Carborundum Universal (NSE:CARBORUNIV) Cyclically Adjusted PB Ratio : 7.37 (As of Jun. 03, 2025)


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What is Carborundum Universal Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Carborundum Universal's current share price is ₹979.15. Carborundum Universal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹132.86. Carborundum Universal's Cyclically Adjusted PB Ratio for today is 7.37.

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

NSE:CARBORUNIV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.58   Med: 7.9   Max: 14.61
Current: 7.46

During the past years, Carborundum Universal's highest Cyclically Adjusted PB Ratio was 14.61. The lowest was 2.58. And the median was 7.90.

NSE:CARBORUNIV's Cyclically Adjusted PB Ratio is ranked worse than
94.84% of 465 companies
in the Conglomerates industry
Industry Median: 0.96 vs NSE:CARBORUNIV: 7.46

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.

Carborundum Universal's adjusted book value per share data for the three months ended in Mar. 2025 was ₹185.304. 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 ₹132.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carborundum Universal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carborundum Universal'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.

* Premium members only.

Carborundum Universal Cyclically Adjusted PB Ratio Chart

Carborundum Universal Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.56 7.93 8.92 10.43 7.63

Carborundum Universal Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.43 - 11.59 - 7.63

Competitive Comparison of Carborundum Universal's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Carborundum Universal'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.


Carborundum Universal's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Carborundum Universal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Carborundum Universal 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.

Carborundum Universal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=979.15/132.86
=7.37

* 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.

Carborundum Universal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Carborundum Universal's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=185.304/157.5517*157.5517
=185.304

Current CPI (Mar. 2025) = 157.5517.

Carborundum Universal Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 60.700 101.753 93.986
201512 0.000 102.901 0.000
201603 63.290 102.518 97.265
201606 0.000 105.961 0.000
201609 68.817 105.961 102.323
201612 0.000 105.196 0.000
201703 73.296 105.196 109.775
201706 0.000 107.109 0.000
201709 77.498 109.021 111.996
201712 0.000 109.404 0.000
201803 82.789 109.786 118.808
201806 0.000 111.317 0.000
201809 87.905 115.142 120.283
201812 0.000 115.142 0.000
201903 91.148 118.202 121.491
201906 0.000 120.880 0.000
201909 96.584 123.175 123.539
201912 0.000 126.235 0.000
202003 98.112 124.705 123.954
202006 0.000 127.000 0.000
202009 103.515 130.118 125.340
202012 0.000 130.889 0.000
202103 112.424 131.771 134.420
202106 0.000 134.084 0.000
202109 121.618 135.847 141.049
202112 0.000 138.161 0.000
202203 124.503 138.822 141.301
202206 0.000 142.347 0.000
202209 144.312 144.661 157.171
202212 0.000 145.763 0.000
202303 148.495 146.865 159.301
202306 0.000 150.280 0.000
202309 150.712 151.492 156.740
202312 0.000 152.924 0.000
202403 164.288 153.035 169.137
202406 0.000 155.789 0.000
202409 175.247 157.882 174.880
202412 0.000 158.323 0.000
202503 185.304 157.552 185.304

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.


Carborundum Universal  (NSE:CARBORUNIV) 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.


Carborundum Universal Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Carborundum Universal's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carborundum Universal Business Description

Traded in Other Exchanges
Address
43 Moore Street, Parry House, Chennai, TN, IND, 600001
Carborundum Universal Ltd is an investment holding company. Along with its subsidiaries, it mainly provides solutions predominantly for industrial manufacturing needs by developing, manufacturing, and marketing products using the properties of materials known as electrominerals. The company's reportable business segments are; Surface engineering (material removal, cutting, polishing) known as Abrasives; Ceramics; Electrominerals; Power; IT services; and others. Maximum revenue is derived from the Abrasives segment which is comprised of bonded, coated, processed cloth, polymers, power tools, and coolants. The company generates maximum revenue through exports and the rest from its business in India.

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