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GHCL (NSE:GHCL) Cyclically Adjusted PB Ratio : 2.67 (As of May. 25, 2025)


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What is GHCL Cyclically Adjusted PB Ratio?

As of today (2025-05-25), GHCL's current share price is ₹634.10. GHCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹237.85. GHCL's Cyclically Adjusted PB Ratio for today is 2.67.

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

NSE:GHCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.42   Med: 2.66   Max: 3.31
Current: 2.67

During the past years, GHCL's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 2.42. And the median was 2.66.

NSE:GHCL's Cyclically Adjusted PB Ratio is ranked worse than
68.04% of 1117 companies
in the Chemicals industry
Industry Median: 1.53 vs NSE:GHCL: 2.67

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.

GHCL's adjusted book value per share data for the three months ended in Mar. 2025 was ₹364.351. 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 ₹237.85 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


GHCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GHCL'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.

* Premium members only.

GHCL Cyclically Adjusted PB Ratio Chart

GHCL Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.30 2.58

GHCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.30 - 3.16 - 2.58

Competitive Comparison of GHCL's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, GHCL'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.


GHCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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


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GHCL 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.

GHCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=634.10/237.85
=2.67

* 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.

GHCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, GHCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=364.351/157.5517*157.5517
=364.351

Current CPI (Mar. 2025) = 157.5517.

GHCL Quarterly Data

Book Value per Share CPI Adj_Book
200903 83.867 56.615 233.392
201003 96.146 65.030 232.937
201103 54.529 70.768 121.398
201203 48.192 76.889 98.750
201303 56.652 85.687 104.165
201403 58.717 91.425 101.186
201503 70.473 97.163 114.273
201603 93.571 102.518 143.801
201606 0.000 105.961 0.000
201703 135.365 105.196 202.736
201706 0.000 107.109 0.000
201803 155.346 109.786 222.933
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 186.423 118.202 248.483
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 226.177 124.705 285.751
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 246.561 131.771 294.801
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 309.101 138.822 350.805
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 413.846 146.865 443.961
202306 0.000 150.280 0.000
202309 287.432 151.492 298.929
202312 0.000 152.924 0.000
202403 311.158 153.035 320.343
202406 0.000 155.789 0.000
202409 331.407 157.882 330.713
202412 0.000 158.323 0.000
202503 364.351 157.552 364.351

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.


GHCL  (NSE:GHCL) 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.


GHCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of GHCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GHCL Business Description

Industry
Traded in Other Exchanges
Address
GHCL House, B-38, Institutional Area, Sector - 1, Noida, IND, 201301
GHCL Ltd operates its business through a single segment which includes Inorganic chemicals. The company through its chemical segment manufactures soda ash which is used in detergents and glass industries and sodium bicarbonate. Its Consumer Product division manufactures and sells Edible salt and Industrial grade salt under the brand name i-FLO & Sapan. The division has its salt manufacturing facility at Vedaranyam in Nagapattinam district of Tamil Nadu and a refinery at Chennai for edible salt manufacturing.

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