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Granules India (NSE:GRANULES) Cyclically Adjusted PB Ratio : 5.62 (As of Jun. 05, 2025)


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What is Granules India Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Granules India's current share price is ₹533.95. Granules India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹94.93. Granules India's Cyclically Adjusted PB Ratio for today is 5.62.

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

NSE:GRANULES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.04   Med: 5.54   Max: 10.54
Current: 5.49

During the past years, Granules India's highest Cyclically Adjusted PB Ratio was 10.54. The lowest was 4.04. And the median was 5.54.

NSE:GRANULES's Cyclically Adjusted PB Ratio is ranked worse than
84.64% of 703 companies
in the Drug Manufacturers industry
Industry Median: 1.97 vs NSE:GRANULES: 5.49

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.

Granules India's adjusted book value per share data for the three months ended in Mar. 2025 was ₹153.191. 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 ₹94.93 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Granules India Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Granules 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.

* Premium members only.

Granules India Cyclically Adjusted PB Ratio Chart

Granules India 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 6.84 5.36 4.26 5.29 5.12

Granules India 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 5.29 - 6.25 - 5.12

Competitive Comparison of Granules India's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Granules 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.


Granules India's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Granules India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Granules 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=533.95/94.93
=5.62

* 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.

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

For example, Granules India'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)
=153.191/157.5517*157.5517
=153.191

Current CPI (Mar. 2025) = 157.5517.

Granules India Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 26.185 101.753 40.544
201512 0.000 102.901 0.000
201603 30.529 102.518 46.917
201606 0.000 105.961 0.000
201609 32.023 105.961 47.614
201612 0.000 105.196 0.000
201703 39.510 105.196 59.174
201706 0.000 107.109 0.000
201709 49.688 109.021 71.806
201712 0.000 109.404 0.000
201803 51.378 109.786 73.731
201806 0.000 111.317 0.000
201809 55.672 115.142 76.177
201812 0.000 115.142 0.000
201903 60.157 118.202 80.183
201906 0.000 120.880 0.000
201909 66.894 123.175 85.563
201912 0.000 126.235 0.000
202003 72.517 124.705 91.618
202006 0.000 127.000 0.000
202009 77.071 130.118 93.320
202012 0.000 130.889 0.000
202103 87.747 131.771 104.915
202106 0.000 134.084 0.000
202109 95.327 135.847 110.558
202112 0.000 138.161 0.000
202203 104.293 138.822 118.364
202206 0.000 142.347 0.000
202209 107.346 144.661 116.911
202212 0.000 145.763 0.000
202303 117.124 146.865 125.647
202306 0.000 150.280 0.000
202309 122.434 151.492 127.331
202312 0.000 152.924 0.000
202403 133.084 153.035 137.012
202406 0.000 155.789 0.000
202409 141.406 157.882 141.110
202412 0.000 158.323 0.000
202503 153.191 157.552 153.191

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.


Granules India  (NSE:GRANULES) 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.


Granules India Cyclically Adjusted PB Ratio Related Terms

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


Granules India Business Description

Traded in Other Exchanges
Address
3rd Block, 2nd Floor, My Home Hub, Madhapur, Hyderabad, TG, IND, 500081
Granules India Ltd is an India-based pharmaceutical company. The company manufactures active pharmaceutical ingredients, pharmaceutical formulation intermediates, and finished dosages. It has one segment Pharmaceutical products including ingredients and intermediaries. Its primary geographic markets are North America, Latin America, Europe, India, and the Rest of the World. The company generates a majority of its revenue from its business outside India.

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