Deccan Cements (NSE:DECCANCE) Cyclically Adjusted PB Ratio: 1.22 (As of Aug. 07, 2026) — 17% Below Median

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NSE:DECCANCE Deccan Cements Ltd NSE:DECCANCE
60 GF Score
Price ₹578.25
GF Value ₹531.10
Valuation Fairly Valued
! 4 Warning Signs
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What is Deccan Cements Cyclically Adjusted PB Ratio?

Deccan Cements NSE:DECCANCE +1.23% 60 Cyclically Adjusted PB Ratio is 1.22 as of Aug. 07, 2026, which is 17% below its 10-year median of 1.47. GuruFocus rates NSE:DECCANCE with a GF Score™ of 60/100 and a GF Value™ of ₹531.10 (Fairly Valued). The stock has 4 warning signs investors should review. Among 314 Building Materials companies, Deccan Cements ranks worse than 56.69% on this metric.

As of today (2026-08-07), Deccan Cements's current share price is ₹578.25. Deccan Cements's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹475.71. Deccan Cements's Cyclically Adjusted PB Ratio for today is 1.22.

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

NSE:DECCANCE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.47   Max: 2.43
Current: 1.18

During the past years, Deccan Cements's highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 0.94. And the median was 1.47.

NSE:DECCANCE's Cyclically Adjusted PB Ratio is ranked worse than
56.69% of 314 companies
in the Building Materials industry
Industry Median: 0.975 vs NSE:DECCANCE: 1.18

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.

Deccan Cements's adjusted book value per share data for the three months ended in Mar. 2026 was ₹535.881. 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 ₹475.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deccan Cements  (NSE:DECCANCE) 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.


Deccan Cements Cyclically Adjusted PB Ratio Related Terms


Deccan Cements Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deccan Cements'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.

Deccan Cements Cyclically Adjusted PB Ratio Chart

Deccan Cements 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 1.65 1.15 1.48 1.81 1.15

Deccan Cements 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 1.81 0.00 2.41 0.00 1.15

NSE:DECCANCE vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Deccan Cements'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.


Deccan Cements Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Deccan Cements's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DECCANCE
60GF Score
Deccan Cements Ltd NSE:DECCANCE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Deccan Cements 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.

Deccan Cements's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=578.25/475.71
=1.22

* 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.

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

For example, Deccan Cements'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)
=535.881/164.2724*164.2724
=535.881

Current CPI (Mar. 2026) = 164.2724.

Deccan Cements Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 221.991 105.961 344.155
201612 0.000 105.196 0.000
201703 237.230 105.196 370.455
201706 0.000 107.109 0.000
201709 248.733 109.021 374.788
201712 0.000 109.404 0.000
201803 260.825 109.786 390.270
201806 0.000 111.317 0.000
201809 272.578 115.142 388.886
201812 0.000 115.142 0.000
201903 290.116 118.202 403.191
201906 0.000 120.880 0.000
201909 325.321 123.175 433.865
201912 0.000 126.235 0.000
202003 321.174 124.705 423.078
202006 0.000 127.000 0.000
202009 363.976 130.118 459.516
202012 0.000 130.889 0.000
202103 403.325 131.771 502.807
202106 0.000 134.084 0.000
202109 441.281 135.847 533.617
202112 0.000 138.161 0.000
202203 460.844 138.822 545.332
202206 0.000 142.347 0.000
202209 475.293 144.661 539.727
202212 0.000 145.763 0.000
202303 490.758 146.865 548.927
202306 0.000 150.280 0.000
202309 500.481 151.492 542.703
202312 0.000 152.924 0.000
202403 513.260 153.035 550.951
202406 0.000 155.789 0.000
202409 509.374 157.882 529.991
202412 0.000 158.323 0.000
202503 515.724 157.552 537.723
202506 0.000 159.755 0.000
202509 532.554 162.289 539.062
202512 0.000 163.281 0.000
202603 535.881 164.272 535.881

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 1.22 mean?
Deccan Cements (NSE:DECCANCE) has a Cyclically Adjusted PB Ratio of 1.22 as of Aug. 07, 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 Deccan Cements and its competitors. This is 17% below median its historical median of 1.47. Over the past decade, Deccan Cements' Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.43. According to the industry distribution chart, Deccan Cements ranks #178 out of 314 companies in the Building Materials industry, placing it in the top 56.7%.
Is Deccan Cements' Cyclically Adjusted PB Ratio too high?
Deccan Cements' current Cyclically Adjusted PB Ratio of 1.22 is 17% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.43. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Deccan Cements' value of 1.22 is 25.1% above this industry median. Based on the distribution chart, Deccan Cements ranks #178 out of 314 companies in the Building Materials industry, which is below the industry midpoint. Overall, Deccan Cements has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deccan Cements' Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Deccan Cements ranks #178 out of 314 companies for Cyclically Adjusted PB Ratio. This places Deccan Cements in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Deccan Cements' value of 1.22 is 25.1% above this benchmark. Historically, Deccan Cements' own Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.43 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.98, Deccan Cements has consistently been above 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 314 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. Deccan Cements's current Cyclically Adjusted PB Ratio of 1.22 is 25.1% above 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 Deccan Cements and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deccan Cements's current Cyclically Adjusted PB Ratio is 1.22, which is 17% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deccan Cements stock overvalued right now?
Based on GuruFocus' analysis, Deccan Cements (NSE:DECCANCE) is currently considered Fairly Valued. The stock's GF Value™ is ₹531.10, compared to a current price of ₹578.25 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 17% below median its 10-year median of 1.47 and 25.1% above the Building Materials industry median of 0.98. Deccan Cements' overall GF Score™ is 60/100 with 4 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 Deccan Cements (NSE:DECCANCE), the current Cyclically Adjusted PB Ratio is 1.22 as of Aug. 07, 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 Deccan Cements (NSE:DECCANCE) Overvalued in 2026?

Based on GuruFocus' analysis, Deccan Cements stock appears to be overvalued. The current stock price of ₹578.25 is trading 8.9% above its estimated GF Value™ of ₹531.10. GuruFocus considers Deccan Cements to be Fairly Valued.

Key valuation signals for NSE:DECCANCE:

  • Cyclically Adjusted PB Ratio: 1.22 (17% below median its 10-year median of 1.47)
  • GF Value™: ₹531.10 vs. price of ₹578.25 (8.9% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 25.1% above the Building Materials median (#178 of 314)

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


Deccan Cements Business Description

Other Exchanges 502137:India
Address Deccan Chambers, 6-3-666/B, 6th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Deccan Cements Ltd is engaged in the manufacturing and marketing of cement in India. In addition, it is also engaged in the generation of electricity. Its power division includes Thermal, Hydel, and Wind. The The company operates in a single product segment and the product is a generic one with small variations in the form of OPC, PPC, SRC, speciality chemicals etc.
60GF Score

Get the complete analysis for NSE:DECCANCE

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

₹578.25
Price
₹531.10
GF Value