IOL Chemicals And Pharmaceuticals (NSE:IOLCP) Cyclically Adjusted PB Ratio: 3.48 (As of Jul. 06, 2026) — 15% Above Median


NSE:IOLCP IOL Chemicals And Pharmaceuticals Ltd NSE:IOLCP
69 GF Score
Price ₹144.46
GF Value ₹94.01
Valuation Significantly Overvalued
! 7 Warning Signs
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What is IOL Chemicals And Pharmaceuticals Cyclically Adjusted PB Ratio?

IOL Chemicals And Pharmaceuticals NSE:IOLCP +1.05% 69 Cyclically Adjusted PB Ratio is 3.48 as of Jul. 06, 2026, which is 15% above its 10-year median of 3.03. GuruFocus rates NSE:IOLCP with a GF Score™ of 69/100 and a GF Value™ of ₹94.01 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 759 Drug Manufacturers companies, IOL Chemicals And Pharmaceuticals ranks worse than 70.62% on this metric.

As of today (2026-07-06), IOL Chemicals And Pharmaceuticals's current share price is ₹144.46. IOL Chemicals And Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹41.56. IOL Chemicals And Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 3.48.

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

NSE:IOLCP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.03   Max: 7.88
Current: 3.44

During the past years, IOL Chemicals And Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 7.88. The lowest was 1.76. And the median was 3.03.

NSE:IOLCP's Cyclically Adjusted PB Ratio is ranked worse than
70.62% of 759 companies
in the Drug Manufacturers industry
Industry Median: 1.85 vs NSE:IOLCP: 3.44

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.

IOL Chemicals And Pharmaceuticals's adjusted book value per share data for the three months ended in Mar. 2026 was ₹61.274. 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 ₹41.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IOL Chemicals And Pharmaceuticals  (NSE:IOLCP) 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.


IOL Chemicals And Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


IOL Chemicals And Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IOL Chemicals And Pharmaceuticals'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.

IOL Chemicals And Pharmaceuticals Cyclically Adjusted PB Ratio Chart

IOL Chemicals And Pharmaceuticals 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 3.06 2.18 2.39 1.75 1.75

IOL Chemicals And Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 1.75 0.00 2.66 0.00 1.75

NSE:IOLCP vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, IOL Chemicals And Pharmaceuticals'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.


IOL Chemicals And Pharmaceuticals Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, IOL Chemicals And Pharmaceuticals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IOL Chemicals And Pharmaceuticals's Cyclically Adjusted PB Ratio falls into.


NSE:IOLCP
69GF Score
IOL Chemicals And Pharmaceuticals Ltd NSE:IOLCP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IOL Chemicals And Pharmaceuticals 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.

IOL Chemicals And Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=144.46/41.56
=3.48

* 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.

IOL Chemicals And Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, IOL Chemicals And Pharmaceuticals's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=61.274/164.2724*164.2724
=61.274

Current CPI (Mar. 2026) = 164.2724.

IOL Chemicals And Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 6.842 105.961 10.607
201612 0.000 105.196 0.000
201703 6.605 105.196 10.314
201706 0.000 107.109 0.000
201709 6.988 109.021 10.529
201712 0.000 109.404 0.000
201803 7.698 109.786 11.518
201806 0.000 111.317 0.000
201809 9.567 115.142 13.649
201812 0.000 115.142 0.000
201903 16.870 118.202 23.445
201906 0.000 120.880 0.000
201909 22.716 123.175 30.295
201912 0.000 126.235 0.000
202003 28.367 124.705 37.367
202006 0.000 127.000 0.000
202009 37.269 130.118 47.052
202012 0.000 130.889 0.000
202103 42.940 131.771 53.531
202106 0.000 134.084 0.000
202109 45.893 135.847 55.496
202112 0.000 138.161 0.000
202203 47.451 138.822 56.150
202206 0.000 142.347 0.000
202209 49.127 144.661 55.787
202212 0.000 145.763 0.000
202303 51.324 146.865 57.407
202306 0.000 150.280 0.000
202309 54.153 151.492 58.722
202312 0.000 152.924 0.000
202403 54.940 153.035 58.974
202406 0.000 155.789 0.000
202409 56.320 157.882 58.600
202412 0.000 158.323 0.000
202503 57.473 157.552 59.925
202506 0.000 159.755 0.000
202509 59.664 162.289 60.393
202512 0.000 163.281 0.000
202603 61.274 164.272 61.274

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 3.48 mean?
IOL Chemicals And Pharmaceuticals (NSE:IOLCP) has a Cyclically Adjusted PB Ratio of 3.48 as of Jul. 06, 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 IOL Chemicals And Pharmaceuticals and its competitors. This is 15% above median its historical median of 3.03. Over the past decade, IOL Chemicals And Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 1.76 to 7.88. According to the industry distribution chart, IOL Chemicals And Pharmaceuticals ranks #536 out of 759 companies in the Drug Manufacturers industry, placing it in the top 70.6%.
Is IOL Chemicals And Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
IOL Chemicals And Pharmaceuticals' current Cyclically Adjusted PB Ratio of 3.48 is 15% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 7.88. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.85. IOL Chemicals And Pharmaceuticals' value of 3.48 is 88.1% above this industry median. Based on the distribution chart, IOL Chemicals And Pharmaceuticals ranks #536 out of 759 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, IOL Chemicals And Pharmaceuticals has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IOL Chemicals And Pharmaceuticals' Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, IOL Chemicals And Pharmaceuticals ranks #536 out of 759 companies for Cyclically Adjusted PB Ratio. This places IOL Chemicals And Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. IOL Chemicals And Pharmaceuticals' value of 3.48 is 88.1% above this benchmark. Historically, IOL Chemicals And Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 1.76 to 7.88 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 1.85, IOL Chemicals And Pharmaceuticals 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.85, based on 759 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. IOL Chemicals And Pharmaceuticals's current Cyclically Adjusted PB Ratio of 3.48 is 88.1% 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 IOL Chemicals And Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOL Chemicals And Pharmaceuticals's current Cyclically Adjusted PB Ratio is 3.48, which is 15% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOL Chemicals And Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, IOL Chemicals And Pharmaceuticals (NSE:IOLCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹94.01, compared to a current price of ₹144.46 — trading 53.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.48, which is 15% above median its 10-year median of 3.03 and 88.1% above the Drug Manufacturers industry median of 1.85. IOL Chemicals And Pharmaceuticals' overall GF Score™ is 69/100 with 7 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 IOL Chemicals And Pharmaceuticals (NSE:IOLCP), the current Cyclically Adjusted PB Ratio is 3.48 as of Jul. 06, 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.

Is IOL Chemicals And Pharmaceuticals (NSE:IOLCP) Overvalued in 2026?

Based on GuruFocus' analysis, IOL Chemicals And Pharmaceuticals stock appears to be overvalued. The current stock price of ₹144.46 is trading 53.7% above its estimated GF Value™ of ₹94.01. GuruFocus considers IOL Chemicals And Pharmaceuticals to be Significantly Overvalued.

Key valuation signals for NSE:IOLCP:

  • Cyclically Adjusted PB Ratio: 3.48 (15% above median its 10-year median of 3.03)
  • GF Value™: ₹94.01 vs. price of ₹144.46 (53.7% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 88.1% above the Drug Manufacturers median (#536 of 759)

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


IOL Chemicals And Pharmaceuticals Business Description

Other Exchanges 524164:India
Address 85, Industrial Area, A, Ludhiana, PB, IND, 141 003
IOL Chemicals And Pharmaceuticals Ltd is an India-based pharmaceutical company. The primary activity of the group is the manufacturing and sale of drugs and organic chemicals. The business activity is functioned through the Chemicals and Pharmaceutical segments. The Chemicals segment produces and sells chemicals such as Ethyl Acetate, Acetic Anhydride, Acetyl Chloride, Mono Chloro Acetic Acid, and Iso Butyl benzene, whereas the Pharmaceutical segment produces and sells various active pharmaceutical ingredients such as Ibuprofen, Metformin, Fenofibrate, Lamotrigine, and others. It derives prime revenue from the Pharmaceutical segment. Geographically, the group's products are sold in both the Indian and international markets.
69GF Score

Get the complete analysis for NSE:IOLCP

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

₹144.46
Price
₹94.01
GF Value