DCM Shriram Industries (NSE:DCMSRIND) Cyclically Adjusted PB Ratio: 0.50 (As of Jul. 30, 2026) — 525% Above Median

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NSE:DCMSRIND DCM Shriram Industries Ltd NSE:DCMSRIND
56 GF Score
Price ₹39.04
GF Value ₹3.34
Valuation Significantly Overvalued
! 7 Warning Signs
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What is DCM Shriram Industries Cyclically Adjusted PB Ratio?

DCM Shriram Industries NSE:DCMSRIND +0.69% 56 Cyclically Adjusted PB Ratio is 0.50 as of Jul. 30, 2026, which is 525% above its 10-year median of 0.08. GuruFocus rates NSE:DCMSRIND with a GF Score™ of 56/100 and a GF Value™ of ₹3.34 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,432 Consumer Packaged Goods companies, DCM Shriram Industries ranks better than 81.49% on this metric.

As of today (2026-07-30), DCM Shriram Industries's current share price is ₹39.04. DCM Shriram Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹77.68. DCM Shriram Industries's Cyclically Adjusted PB Ratio for today is 0.50.

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

NSE:DCMSRIND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.71
Current: 0.52

During the past years, DCM Shriram Industries's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.07. And the median was 0.08.

NSE:DCMSRIND's Cyclically Adjusted PB Ratio is ranked better than
81.49% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs NSE:DCMSRIND: 0.52

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.

DCM Shriram Industries's adjusted book value per share data for the three months ended in Mar. 2026 was ₹41.933. 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 ₹77.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCM Shriram Industries  (NSE:DCMSRIND) 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.


DCM Shriram Industries Cyclically Adjusted PB Ratio Related Terms


DCM Shriram Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DCM Shriram 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.

DCM Shriram Industries Cyclically Adjusted PB Ratio Chart

DCM Shriram 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 0.08 0.07 0.44

DCM Shriram Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.07 0.00 0.07 0.00 0.44

NSE:DCMSRIND vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, DCM Shriram 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.


DCM Shriram Industries Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DCMSRIND
56GF Score
DCM Shriram Industries Ltd NSE:DCMSRIND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DCM Shriram 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.

DCM Shriram Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.04/77.68
=0.50

* 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.

DCM Shriram Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, DCM Shriram Industries's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=41.933/164.2724*164.2724
=41.933

Current CPI (Mar. 2026) = 164.2724.

DCM Shriram Industries Quarterly Data

Book Value per Share CPI Adj_Book
201209 48.887 82.244 97.646
201212 0.000 83.774 0.000
201303 25.137 85.687 48.191
201403 27.739 91.425 49.841
201503 27.541 97.163 46.563
201603 31.786 102.518 50.933
201703 45.976 105.196 71.795
201803 49.883 109.786 74.639
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 57.278 118.202 79.603
201906 0.000 120.880 0.000
201909 60.655 123.175 80.893
201912 0.000 126.235 0.000
202003 64.321 124.705 84.729
202006 0.000 127.000 0.000
202009 67.506 130.118 85.226
202012 0.000 130.889 0.000
202103 70.912 131.771 88.403
202106 0.000 134.084 0.000
202109 73.490 135.847 88.867
202112 0.000 138.161 0.000
202203 77.239 138.822 91.399
202206 0.000 142.347 0.000
202209 78.831 144.661 89.518
202212 0.000 145.763 0.000
202303 82.383 146.865 92.148
202306 0.000 150.280 0.000
202309 87.744 151.492 95.146
202312 0.000 152.924 0.000
202403 93.730 153.035 100.613
202406 0.000 155.789 0.000
202409 100.008 157.882 104.056
202412 0.000 158.323 0.000
202503 38.459 157.552 40.100
202506 0.000 159.755 0.000
202509 104.889 162.289 106.171
202512 0.000 163.281 0.000
202603 41.933 164.272 41.933

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.

What does a Cyclically Adjusted PB Ratio of 0.50 mean?
DCM Shriram Industries (NSE:DCMSRIND) has a Cyclically Adjusted PB Ratio of 0.50 as of Jul. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DCM Shriram Industries and its competitors. This is 525% above median its historical median of 0.08. Over the past decade, DCM Shriram Industries' Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.71. According to the industry distribution chart, DCM Shriram Industries ranks #265 out of 1432 companies in the Consumer Packaged Goods industry, placing it in the top 18.5%.
Is DCM Shriram Industries' Cyclically Adjusted PB Ratio too high?
DCM Shriram Industries' current Cyclically Adjusted PB Ratio of 0.50 is 525% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.71. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. DCM Shriram Industries' value of 0.50 is 60% below this industry median. Based on the distribution chart, DCM Shriram Industries ranks #265 out of 1432 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, DCM Shriram Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram Industries' Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, DCM Shriram Industries ranks #265 out of 1432 companies for Cyclically Adjusted PB Ratio. This places DCM Shriram Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. DCM Shriram Industries' value of 0.50 is 60% below this benchmark. Historically, DCM Shriram Industries' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.71 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.25, DCM Shriram Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,432 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DCM Shriram Industries's current Cyclically Adjusted PB Ratio of 0.50 is 60% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on DCM Shriram Industries and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCM Shriram Industries's current Cyclically Adjusted PB Ratio is 0.50, which is 525% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram Industries stock overvalued right now?
Based on GuruFocus' analysis, DCM Shriram Industries (NSE:DCMSRIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.34, compared to a current price of ₹39.04 — trading 1068.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 525% above median its 10-year median of 0.08 and 60% below the Consumer Packaged Goods industry median of 1.25. DCM Shriram Industries' overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For DCM Shriram Industries (NSE:DCMSRIND), the current Cyclically Adjusted PB Ratio is 0.50 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DCM Shriram Industries (NSE:DCMSRIND) Overvalued in 2026?

Based on GuruFocus' analysis, DCM Shriram Industries stock appears to be overvalued. The current stock price of ₹39.04 is trading 1068.9% above its estimated GF Value™ of ₹3.34. GuruFocus considers DCM Shriram Industries to be Significantly Overvalued.

Key valuation signals for NSE:DCMSRIND:

  • Cyclically Adjusted PB Ratio: 0.50 (525% above median its 10-year median of 0.08)
  • GF Value™: ₹3.34 vs. price of ₹39.04 (1068.9% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 60% below the Consumer Packaged Goods median (#265 of 1432)

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


DCM Shriram Industries Business Description

Other Exchanges 523369:India
Address 18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001
DCM Shriram Industries Ltd is engaged in the production and sale of sugar, alcohol, power, chemicals, and industrial fibers. The group's reportable operating segments include Sugar, Industrial fibres and related products, and Chemicals. The majority of its revenue is generated from the Sugar segment, which comprises sugar, power, and alcohols. The Industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the Chemicals segment comprises organics and fine chemicals. Geographically, the group derives a majority of its revenue from India and also has a presence in Europe, China, and the Rest of the World.
56GF Score

Get the complete analysis for NSE:DCMSRIND

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

₹39.04
Price
₹3.34
GF Value