Haldyn Glass (NSE:HALDYNGL) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HALDYNGL Haldyn Glass Ltd NSE:HALDYNGL
67 GF Score
Price ₹132.67
GF Value ₹163.61
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Haldyn Glass 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


Haldyn Glass  (NSE:HALDYNGL) 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.


Haldyn Glass Cyclically Adjusted PB Ratio Related Terms


Haldyn Glass Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Haldyn Glass'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.

Haldyn Glass Cyclically Adjusted PB Ratio Chart

Haldyn Glass 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 0.99 1.91 4.44 2.54 1.95

Haldyn Glass 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 0.00 2.60 0.00 1.95 0.00

NSE:HALDYNGL vs : Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Haldyn Glass'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.


Haldyn Glass Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Haldyn Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:HALDYNGL
67GF Score
Haldyn Glass Ltd NSE:HALDYNGL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haldyn Glass 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.

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

For example, Haldyn Glass'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Haldyn Glass Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 238.638 0.000
201509 22.391 237.945 31.425
201512 0.000 236.525 0.000
201603 23.351 238.132 32.747
201606 0.000 241.018 0.000
201703 24.874 243.801 34.072
201803 24.163 249.554 32.335
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 24.892 254.202 32.701
201906 0.000 256.143 0.000
201909 25.602 256.759 33.299
201912 0.000 256.974 0.000
202003 25.829 258.115 33.418
202006 0.000 257.797 0.000
202009 25.974 260.280 33.326
202012 0.000 260.474 0.000
202103 26.797 264.877 33.785
202106 0.000 271.696 0.000
202109 27.280 274.310 33.211
202112 0.000 278.802 0.000
202203 28.546 287.504 33.158
202206 0.000 296.311 0.000
202209 30.614 296.808 34.445
202212 0.000 296.797 0.000
202303 32.978 301.836 36.487
202306 0.000 305.109 0.000
202309 34.729 307.789 37.681
202312 0.000 306.746 0.000
202403 37.130 312.332 39.700
202406 0.000 314.175 0.000
202409 38.504 315.301 40.782
202412 0.000 315.605 0.000
202503 40.072 319.799 41.845
202506 0.000 322.561 0.000
202509 41.228 324.800 42.390
202512 0.000 324.054 0.000
202603 43.580 330.213 44.073
202606 0.000 333.952 0.000

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 Haldyn Glass (NSE:HALDYNGL) Overvalued in 2026?

Based on GuruFocus' analysis, Haldyn Glass stock appears to be undervalued. The current stock price of ₹132.67 is trading 18.9% below its estimated GF Value™ of ₹163.61. GuruFocus considers Haldyn Glass to be Modestly Undervalued.

Key valuation signals for NSE:HALDYNGL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹163.61 vs. price of ₹132.67 (18.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Haldyn Glass Business Description

Comparable Companies
Other Exchanges 515147:India
Address Off Western Express Highway, B-1201, Lotus Corporate Park, Goregaon (East), Mumbai, MH, IND, 400063
Haldyn Glass Ltd is engaged in the business of manufacturing glass containers and bottles. The company manufactures Soda Lime Flint & Amber Glass containers which are used in the liquor manufacturing industry, cosmetics industry, and the food and beverages industry. The company has one business segment namely, Glass bottles/containers. The company generates the majority of its revenue within India.
67GF Score

Get the complete analysis for NSE:HALDYNGL

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

₹132.67
Price
₹163.61
GF Value