Ellenbarrie Industrial Gases (NSE:ELLEN) Cyclically Adjusted PB Ratio: 2.64 (As of Aug. 11, 2026) — Near Median

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NSE:ELLEN Ellenbarrie Industrial Gases Ltd NSE:ELLEN
41 GF Score
Price ₹295.70
! 4 Warning Signs
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What is Ellenbarrie Industrial Gases Cyclically Adjusted PB Ratio?

Ellenbarrie Industrial Gases NSE:ELLEN +1.15% 41 Cyclically Adjusted PB Ratio is 2.64 as of Aug. 11, 2026, which is 3% above its 10-year median of 2.56. GuruFocus rates NSE:ELLEN with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 1,227 Chemicals companies, Ellenbarrie Industrial Gases ranks worse than 65.44% on this metric.

As of today (2026-08-11), Ellenbarrie Industrial Gases's current share price is ₹295.70. Ellenbarrie Industrial Gases's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹111.80. Ellenbarrie Industrial Gases's Cyclically Adjusted PB Ratio for today is 2.64.

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

NSE:ELLEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.56   Max: 5.41
Current: 2.61

During the past 13 years, Ellenbarrie Industrial Gases's highest Cyclically Adjusted PB Ratio was 5.41. The lowest was 1.77. And the median was 2.56.

NSE:ELLEN's Cyclically Adjusted PB Ratio is ranked worse than
65.44% of 1227 companies
in the Chemicals industry
Industry Median: 1.67 vs NSE:ELLEN: 2.61

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.

Ellenbarrie Industrial Gases's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹69.332. 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 ₹111.80 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ellenbarrie Industrial Gases  (NSE:ELLEN) 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.


Ellenbarrie Industrial Gases Cyclically Adjusted PB Ratio Related Terms


Ellenbarrie Industrial Gases Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ellenbarrie Industrial Gases'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.

Ellenbarrie Industrial Gases Cyclically Adjusted PB Ratio Chart

Ellenbarrie Industrial Gases Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 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 0.00 0.00 1.77

Ellenbarrie Industrial Gases Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 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 0.00 0.00 0.00 0.00 1.77

NSE:ELLEN vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Ellenbarrie Industrial Gases'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.


Ellenbarrie Industrial Gases Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ellenbarrie Industrial Gases's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ellenbarrie Industrial Gases's Cyclically Adjusted PB Ratio falls into.


NSE:ELLEN
41GF Score
Ellenbarrie Industrial Gases Ltd NSE:ELLEN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ellenbarrie Industrial Gases 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.

Ellenbarrie Industrial Gases's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=295.70/111.80
=2.64

* 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.

Ellenbarrie Industrial Gases's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Ellenbarrie Industrial Gases'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)
=69.332/164.2724*164.2724
=69.332

Current CPI (Mar26) = 164.2724.

Ellenbarrie Industrial Gases Annual Data

Book Value per Share CPI Adj_Book
201203 40.131 76.889 85.740
201303 40.826 85.687 78.268
201403 35.322 91.425 63.467
201503 19.825 97.163 33.518
201603 46.862 102.518 75.090
202203 516.770 138.822 611.511
202303 27.728 146.865 31.015
202403 31.305 153.035 33.604
202503 35.006 157.552 36.499
202603 69.332 164.272 69.332

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 2.64 mean?
Ellenbarrie Industrial Gases (NSE:ELLEN) has a Cyclically Adjusted PB Ratio of 2.64 as of Aug. 11, 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 Ellenbarrie Industrial Gases and its competitors. This is near median its historical median of 2.56. Over the past decade, Ellenbarrie Industrial Gases' Cyclically Adjusted PB Ratio has ranged from 1.77 to 5.41. According to the industry distribution chart, Ellenbarrie Industrial Gases ranks #803 out of 1227 companies in the Chemicals industry, placing it in the top 65.4%.
Is Ellenbarrie Industrial Gases' Cyclically Adjusted PB Ratio too high?
Ellenbarrie Industrial Gases' current Cyclically Adjusted PB Ratio of 2.64 is near median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 5.41. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Ellenbarrie Industrial Gases' value of 2.64 is 58.1% above this industry median. Based on the distribution chart, Ellenbarrie Industrial Gases ranks #803 out of 1227 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ellenbarrie Industrial Gases has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Ellenbarrie Industrial Gases' Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Ellenbarrie Industrial Gases ranks #803 out of 1227 companies for Cyclically Adjusted PB Ratio. This places Ellenbarrie Industrial Gases in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Ellenbarrie Industrial Gases' value of 2.64 is 58.1% above this benchmark. Historically, Ellenbarrie Industrial Gases' own Cyclically Adjusted PB Ratio has ranged from 1.77 to 5.41 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 1.67, Ellenbarrie Industrial Gases 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 1.67, based on 1,227 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. Ellenbarrie Industrial Gases's current Cyclically Adjusted PB Ratio of 2.64 is 58.1% 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 Ellenbarrie Industrial Gases and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ellenbarrie Industrial Gases's current Cyclically Adjusted PB Ratio is 2.64, which is near median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ellenbarrie Industrial Gases stock overvalued right now?
Ellenbarrie Industrial Gases (NSE:ELLEN) has a current Cyclically Adjusted PB Ratio of 2.64. The current Cyclically Adjusted PB Ratio is 2.64, which is near median its 10-year median of 2.56 and 58.1% above the Chemicals industry median of 1.67. Ellenbarrie Industrial Gases' overall GF Score™ is 41/100 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 Ellenbarrie Industrial Gases (NSE:ELLEN), the current Cyclically Adjusted PB Ratio is 2.64 as of Aug. 11, 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.

Ellenbarrie Industrial Gases Business Description

Other Exchanges 544421:India
Address 3A, Ripon Street, Kolkata, WB, IND, 700016
Ellenbarrie Industrial Gases Ltd is engaged in manufacture and sale of industrial, medical and special gases as well as related products. The company is also engaged in Cryogenic and non-cryogenic air separation plants. Its products include oxygen, hydrogen, nitrogen, carbon dioxide, argon, ice, helium, and others.
41GF Score

Get the complete analysis for NSE:ELLEN

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

₹295.70
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