DCM Shriram Industries (NSE:DCMSRIND) Cyclically Adjusted PB Ratio: (As of Sep. 13, 2026)

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NSE:DCMSRIND DCM Shriram Industries Ltd NSE:DCMSRIND
60 GF Score
Price ₹40.56
GF Value ₹4.36
Valuation Significantly Overvalued
! 4 Warning Signs
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What is DCM Shriram Industries Cyclically Adjusted PB Ratio?

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
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 0.07 0.00 0.44 0.00

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
60GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, DCM Shriram 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.

DCM Shriram Industries Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 25.137 85.687 49.096
201403 27.739 91.425 50.777
201503 27.541 97.163 47.438
201603 31.786 102.518 51.889
201703 45.976 105.196 73.144
201803 49.883 109.786 76.041
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 81.097
201906 0.000 120.880 0.000
201909 60.655 123.175 82.412
201912 0.000 126.235 0.000
202003 64.321 124.705 86.320
202006 0.000 127.000 0.000
202009 67.506 130.118 86.826
202012 0.000 130.889 0.000
202103 70.912 131.771 90.063
202106 0.000 134.084 0.000
202109 73.490 135.847 90.536
202112 0.000 138.161 0.000
202203 77.239 138.822 93.116
202206 0.000 142.347 0.000
202209 78.831 144.661 91.199
202212 0.000 145.763 0.000
202303 82.383 146.865 93.878
202306 0.000 150.280 0.000
202309 87.744 151.492 96.933
202312 0.000 152.924 0.000
202403 93.730 153.035 102.502
202406 0.000 155.789 0.000
202409 100.008 157.882 106.010
202412 0.000 158.323 0.000
202503 38.459 157.552 40.853
202506 0.000 159.755 0.000
202509 104.889 162.289 108.165
202512 0.000 163.281 0.000
202603 41.933 164.272 42.720
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 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 ₹40.56 is trading 830.3% above its estimated GF Value™ of ₹4.36. GuruFocus considers DCM Shriram Industries to be Significantly Overvalued.

Key valuation signals for NSE:DCMSRIND:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹4.36 vs. price of ₹40.56 (830.3% above fair value)
  • GF Score™: 60/100 with 4 warning signs

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.
60GF 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.

₹40.56
Price
₹4.36
GF Value