GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindalco Industries Ltd (NSE:HINDALCO) » Definitions » Cyclically Adjusted PB Ratio

Hindalco Industries (NSE:HINDALCO) Cyclically Adjusted PB Ratio : 1.69 (As of Jun. 05, 2025)


View and export this data going back to 1997. Start your Free Trial

What is Hindalco Industries Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Hindalco Industries's current share price is ₹635.85. Hindalco Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹375.19. Hindalco Industries's Cyclically Adjusted PB Ratio for today is 1.69.

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

NSE:HINDALCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 1.75   Max: 2.09
Current: 1.69

During the past years, Hindalco Industries's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 1.60. And the median was 1.75.

NSE:HINDALCO's Cyclically Adjusted PB Ratio is ranked worse than
65.03% of 1544 companies
in the Metals & Mining industry
Industry Median: 0.98 vs NSE:HINDALCO: 1.69

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.

Hindalco Industries's adjusted book value per share data for the three months ended in Mar. 2025 was ₹553.072. 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 ₹375.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindalco Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hindalco Industries'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.

Hindalco Industries Cyclically Adjusted PB Ratio Chart

Hindalco Industries 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 - - - - 1.82

Hindalco Industries 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 - - 2.10 - 1.82

Competitive Comparison of Hindalco Industries's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Hindalco Industries'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.


Hindalco Industries's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Hindalco Industries 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.

Hindalco Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=635.85/375.19
=1.69

* 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.

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

For example, Hindalco Industries'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)
=553.072/157.5517*157.5517
=553.072

Current CPI (Mar. 2025) = 157.5517.

Hindalco Industries Quarterly Data

Book Value per Share CPI Adj_Book
200703 125.209 48.581 406.059
200803 127.665 52.407 383.802
200903 92.654 56.615 257.845
201003 112.595 65.030 272.789
201103 151.561 70.768 337.421
201203 166.630 76.889 341.440
201303 184.532 85.687 339.297
201403 196.673 91.425 338.925
201503 196.870 97.163 319.229
201603 196.643 102.518 302.204
201703 206.826 105.196 309.763
201803 246.121 109.786 353.202
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 257.943 118.202 343.812
201906 0.000 120.880 0.000
201909 254.489 123.175 325.514
201912 0.000 126.235 0.000
202003 261.457 124.705 330.323
202006 0.000 127.000 0.000
202009 267.426 130.118 323.810
202012 0.000 130.889 0.000
202103 298.305 131.771 356.669
202106 0.000 134.084 0.000
202109 317.109 135.847 367.774
202112 0.000 138.161 0.000
202203 367.867 138.822 417.500
202206 0.000 142.347 0.000
202209 427.644 144.661 465.751
202212 0.000 145.763 0.000
202303 426.735 146.865 457.788
202306 0.000 150.280 0.000
202309 447.861 151.492 465.775
202312 0.000 152.924 0.000
202403 478.001 153.035 492.110
202406 0.000 155.789 0.000
202409 518.892 157.882 517.806
202412 0.000 158.323 0.000
202503 553.072 157.552 553.072

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.


Hindalco Industries  (NSE:HINDALCO) 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.


Hindalco Industries Cyclically Adjusted PB Ratio Related Terms

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


Hindalco Industries Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations across the globe.

Hindalco Industries Headlines

No Headlines