Dhatre Udyog (NSE:DHATRE) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:DHATRE Dhatre Udyog Ltd NSE:DHATRE
29 GF Score
Price ₹4.37
GF Value ₹0.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dhatre Udyog Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhatre Udyog  (NSE:DHATRE) 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.


Dhatre Udyog Cyclically Adjusted PB Ratio Related Terms


Dhatre Udyog Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dhatre Udyog'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.

Dhatre Udyog Cyclically Adjusted PB Ratio Chart

Dhatre Udyog 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 0.42 0.20 0.59 0.18 0.08

Dhatre Udyog 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 0.18 0.00 0.00 0.00 0.08

NSE:DHATRE vs : Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Dhatre Udyog'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.


Dhatre Udyog Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Dhatre Udyog's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DHATRE
29GF Score
Dhatre Udyog Ltd NSE:DHATRE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhatre Udyog 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.

Dhatre Udyog's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Dhatre Udyog's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=4.385/330.2130*330.2130
=4.385

Current CPI (Mar26) = 330.2130.

Dhatre Udyog Annual Data

Book Value per Share CPI Adj_Book
201703 70.743 243.801 95.817
201803 74.347 249.554 98.377
201903 78.586 254.202 102.085
202003 19.886 258.115 25.441
202103 -77.351 264.877 -96.431
202203 90.941 287.504 104.450
202303 5.602 301.836 6.129
202403 6.464 312.332 6.834
202503 6.002 319.799 6.197
202603 4.385 330.213 4.385

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 Dhatre Udyog (NSE:DHATRE) Overvalued in 2026?

Based on GuruFocus' analysis, Dhatre Udyog stock appears to be overvalued. The current stock price of ₹4.37 is trading 604.8% above its estimated GF Value™ of ₹0.62. GuruFocus considers Dhatre Udyog to be Significantly Overvalued.

Key valuation signals for NSE:DHATRE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹0.62 vs. price of ₹4.37 (604.8% above fair value)
  • GF Score™: 29/100 with 4 warning signs

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


Dhatre Udyog Business Description

Comparable Companies
Other Exchanges 540080:India
Address Survey No. 202/30-34 and 38/Part, Modavalasa Village, Denkada Mandal, Vizianagaram, AP, IND, 535006
Dhatre Udyog Ltd is engaged in the manufacturing and trading of iron and steel products in India. The company's products include TMT bars, Rounds, Squares, Angles, etc (including conversion on a job-work basis) and trading of Billets, Blooms, Ingots, Iron ores, etc. The company generates the majority of its revenue from the sale of manufactured goods, followed by Traded/Finished goods. All revenue from the operations of the company is generated within India.
29GF Score

Get the complete analysis for NSE:DHATRE

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

₹4.37
Price
₹0.62
GF Value