ELANTAS Beck India (NSE:ELANTAS) Cyclically Adjusted PB Ratio: 14.66 (As of Sep. 05, 2026) — 32% Above Median

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NSE:ELANTAS ELANTAS Beck India Ltd NSE:ELANTAS
68 GF Score
Price ₹12,219.00
GF Value ₹12,017.16
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is ELANTAS Beck India Cyclically Adjusted PB Ratio?

ELANTAS Beck India NSE:ELANTAS +0.87% 68 Cyclically Adjusted PB Ratio is 14.66 as of Sep. 05, 2026, which is 32% above its 10-year median of 11.14. GuruFocus rates NSE:ELANTAS with a GF Score™ of 68/100 and a GF Value™ of ₹12,017.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,092 Chemicals companies, ELANTAS Beck India ranks worse than 97.07% on this metric.

As of today (2026-09-05), ELANTAS Beck India's current share price is ₹12219.00. ELANTAS Beck India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹833.33. ELANTAS Beck India's Cyclically Adjusted PB Ratio for today is 14.66.

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

NSE:ELANTAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.82   Med: 11.14   Max: 20.32
Current: 13.83

During the past years, ELANTAS Beck India's highest Cyclically Adjusted PB Ratio was 20.32. The lowest was 5.82. And the median was 11.14.

NSE:ELANTAS's Cyclically Adjusted PB Ratio is ranked worse than
97.07% of 1092 companies
in the Chemicals industry
Industry Median: 1.69 vs NSE:ELANTAS: 13.83

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.

ELANTAS Beck India's adjusted book value per share data for the three months ended in Jun. 2026 was ₹1,392.463. 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 ₹833.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ELANTAS Beck India  (NSE:ELANTAS) 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.


ELANTAS Beck India Cyclically Adjusted PB Ratio Related Terms


ELANTAS Beck India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ELANTAS Beck India'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.

ELANTAS Beck India Cyclically Adjusted PB Ratio Chart

ELANTAS Beck India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.48 9.26 15.34 19.58 12.54

ELANTAS Beck India 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 18.11 0.00 12.54 0.00 12.87

NSE:ELANTAS vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, ELANTAS Beck India'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.


ELANTAS Beck India Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ELANTAS Beck India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ELANTAS Beck India's Cyclically Adjusted PB Ratio falls into.


NSE:ELANTAS
68GF Score
ELANTAS Beck India Ltd NSE:ELANTAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ELANTAS Beck India 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.

ELANTAS Beck India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12219.00/833.33
=14.66

* 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.

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

For example, ELANTAS Beck India'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)
=1392.463/167.3573*167.3573
=1,392.463

Current CPI (Jun. 2026) = 167.3573.

ELANTAS Beck India Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 285.811 105.196 454.699
201703 0.000 105.196 0.000
201706 314.261 107.109 491.033
201709 0.000 109.021 0.000
201712 350.185 109.404 535.685
201803 0.000 109.786 0.000
201806 395.795 111.317 595.053
201809 0.000 115.142 0.000
201812 427.615 115.142 621.533
201903 0.000 118.202 0.000
201906 453.378 120.880 627.699
201909 0.000 123.175 0.000
201912 484.396 126.235 642.191
202003 0.000 124.705 0.000
202006 506.984 127.000 668.089
202009 0.000 130.118 0.000
202012 557.004 130.889 712.196
202103 0.000 131.771 0.000
202106 590.566 134.084 737.115
202109 0.000 135.847 0.000
202112 636.570 138.161 771.092
202203 0.000 138.822 0.000
202206 687.348 142.347 808.112
202209 0.000 144.661 0.000
202212 755.046 145.763 866.905
202303 0.000 146.865 0.000
202306 832.516 150.280 927.120
202309 0.000 151.492 0.000
202312 923.302 152.924 1,010.443
202403 0.000 153.035 0.000
202406 1,017.529 155.789 1,093.088
202409 0.000 157.882 0.000
202412 1,093.743 158.323 1,156.155
202503 0.000 157.552 0.000
202506 1,176.929 159.755 1,232.934
202509 0.000 162.289 0.000
202512 1,271.703 163.281 1,303.453
202603 0.000 164.272 0.000
202606 1,392.463 167.357 1,392.463

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 14.66 mean?
ELANTAS Beck India (NSE:ELANTAS) has a Cyclically Adjusted PB Ratio of 14.66 as of Sep. 05, 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 ELANTAS Beck India and its competitors. This is 32% above median its historical median of 11.14. Over the past decade, ELANTAS Beck India's Cyclically Adjusted PB Ratio has ranged from 5.82 to 20.32. According to the industry distribution chart, ELANTAS Beck India ranks #1060 out of 1092 companies in the Chemicals industry, placing it in the top 97.1%.
Is ELANTAS Beck India's Cyclically Adjusted PB Ratio too high?
ELANTAS Beck India's current Cyclically Adjusted PB Ratio of 14.66 is 32% above median its 10-year median of 11.14. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 20.32. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. ELANTAS Beck India's value of 14.66 is 767.5% above this industry median. Based on the distribution chart, ELANTAS Beck India ranks #1060 out of 1092 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, ELANTAS Beck India has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ELANTAS Beck India's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, ELANTAS Beck India ranks #1060 out of 1092 companies for Cyclically Adjusted PB Ratio. This places ELANTAS Beck India in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. ELANTAS Beck India's value of 14.66 is 767.5% above this benchmark. Historically, ELANTAS Beck India's own Cyclically Adjusted PB Ratio has ranged from 5.82 to 20.32 over the past decade. While the company's 10-year median is 11.14 vs. the industry median of 1.69, ELANTAS Beck India 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,092 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. ELANTAS Beck India's current Cyclically Adjusted PB Ratio of 14.66 is 767.5% 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 ELANTAS Beck India and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELANTAS Beck India's current Cyclically Adjusted PB Ratio is 14.66, which is 32% above median its own 10-year median of 11.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELANTAS Beck India stock overvalued right now?
Based on GuruFocus' analysis, ELANTAS Beck India (NSE:ELANTAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹12,017.16, compared to a current price of ₹12,219.00 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.66, which is 32% above median its 10-year median of 11.14 and 767.5% above the Chemicals industry median of 1.69. ELANTAS Beck India's overall GF Score™ is 68/100 with 3 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 ELANTAS Beck India (NSE:ELANTAS), the current Cyclically Adjusted PB Ratio is 14.66 as of Sep. 05, 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 ELANTAS Beck India (NSE:ELANTAS) Overvalued in 2026?

Based on GuruFocus' analysis, ELANTAS Beck India stock appears to be overvalued. The current stock price of ₹12,219.00 is trading 1.7% above its estimated GF Value™ of ₹12,017.16. GuruFocus considers ELANTAS Beck India to be Fairly Valued.

Key valuation signals for NSE:ELANTAS:

  • Cyclically Adjusted PB Ratio: 14.66 (32% above median its 10-year median of 11.14)
  • GF Value™: ₹12,017.16 vs. price of ₹12,219.00 (1.7% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 767.5% above the Chemicals median (#1060 of 1092)

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


ELANTAS Beck India Business Description

Other Exchanges 500123:India
Address 147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
ELANTAS Beck India Ltd manufactures a wide range of specialty chemicals for electrical insulation and construction industries, which includes Primary Insulation, Secondary Insulation and Electronic & Engineering Materials. It offers a broad portfolio of wire enamels, impregnating resins and varnishes, casting & potting materials, flexible electrical insulation materials, conformal coatings as well as adhesives & sealants fulfilling the requirements of technical and environmental standards. Its segments include Electrical Insulations, which comprises three product groups: wire enamels, insulating varnishes & resins, and casting & potting compounds.; Engineering & Electronic Resins solutions, and Materials comprises of complete solutions for printed circuit boards (PCBs).
68GF Score

Get the complete analysis for NSE:ELANTAS

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

₹12,219.00
Price
₹12,017.16
GF Value