Coromandel International (NSE:COROMANDEL) Cyclically Adjusted PB Ratio: (As of Sep. 02, 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:COROMANDEL Coromandel International Ltd NSE:COROMANDEL
89 GF Score
Price ₹1,922.90
GF Value ₹3,394.05
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Coromandel International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coromandel International  (NSE:COROMANDEL) 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.


Coromandel International Cyclically Adjusted PB Ratio Related Terms


Coromandel International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Coromandel International'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.

Coromandel International Cyclically Adjusted PB Ratio Chart

Coromandel International 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 5.57 5.37 5.71 9.15 7.53

Coromandel International 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 9.56 0.00 7.53 0.00

NSE:COROMANDEL vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Coromandel International'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.


Coromandel International Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Coromandel International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:COROMANDEL
89GF Score
Coromandel International Ltd NSE:COROMANDEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coromandel International 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.

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

For example, Coromandel International'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.

Coromandel International Quarterly Data

Book Value per Share CPI Adj_Book
201609 92.995 105.961 146.878
201612 0.000 105.196 0.000
201703 99.111 105.196 157.677
201706 0.000 107.109 0.000
201709 106.592 109.021 163.628
201712 0.000 109.404 0.000
201803 99.057 109.786 151.002
201806 0.000 111.317 0.000
201809 110.367 115.142 160.417
201812 0.000 115.142 0.000
201903 114.806 118.202 162.549
201906 0.000 120.880 0.000
201909 129.890 123.175 176.481
201912 0.000 126.235 0.000
202003 147.385 124.705 197.794
202006 0.000 127.000 0.000
202009 164.782 130.118 211.942
202012 0.000 130.889 0.000
202103 175.561 131.771 222.974
202106 0.000 134.084 0.000
202109 199.009 135.847 245.170
202112 0.000 138.161 0.000
202203 216.639 138.822 261.170
202206 0.000 142.347 0.000
202209 252.695 144.661 292.341
202212 0.000 145.763 0.000
202303 268.960 146.865 306.489
202306 0.000 150.280 0.000
202309 307.778 151.492 340.011
202312 0.000 152.924 0.000
202403 320.173 153.035 350.139
202406 0.000 155.789 0.000
202409 345.058 157.882 365.766
202412 0.000 158.323 0.000
202503 376.701 157.552 400.146
202506 0.000 159.755 0.000
202509 413.364 162.289 426.273
202512 0.000 163.281 0.000
202603 426.421 164.272 434.429
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 Coromandel International (NSE:COROMANDEL) Overvalued in 2026?

Based on GuruFocus' analysis, Coromandel International stock appears to be undervalued. The current stock price of ₹1,922.90 is trading 43.3% below its estimated GF Value™ of ₹3,394.05. GuruFocus considers Coromandel International to be Significantly Undervalued.

Key valuation signals for NSE:COROMANDEL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3,394.05 vs. price of ₹1,922.90 (43.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Coromandel International Business Description

Other Exchanges 506395:India
Address SIDCO Industrial Estate, 15B SP, Olympia Terraces, Guindy, Chennai, TN, IND, 600032
Coromandel International Ltd manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The firm's revenue is generated in India, but the company also derives revenue in Latin America and Africa. The company's main product lines consist of organic manure, specialty nutrients that include water-soluble fertilizers, and single super phosphate fertilizers. Coromandel's primary brands include Gromor Suraksha and Godavari fertilizers. The firm also owns and operates retail outlets known as Mana Grormor Centers. It categorizes the operating segments into Nutrient and other allied business, which derives maximum revenue, and Crop Protection. Geographically, the company generates a majority of its revenue from its operations in India.
89GF Score

Get the complete analysis for NSE:COROMANDEL

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

₹1,922.90
Price
₹3,394.05
GF Value