Palash Securities (NSE:PALASHSECU) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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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:PALASHSECU Palash Securities Ltd NSE:PALASHSECU
60 GF Score
Price ₹86.11
GF Value ₹92.24
Valuation Fairly Valued
! 3 Warning Signs
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What is Palash Securities Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Palash Securities  (NSE:PALASHSECU) 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.


Palash Securities Cyclically Adjusted PB Ratio Related Terms


Palash Securities Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Palash Securities'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.

Palash Securities Cyclically Adjusted PB Ratio Chart

Palash Securities 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 - - - - 0.21

Palash Securities 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 - - - 0.21 0.24

NSE:PALASHSECU vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Palash Securities'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.


Palash Securities Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Palash Securities's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:PALASHSECU
60GF Score
Palash Securities Ltd NSE:PALASHSECU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Palash Securities 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.

Palash Securities's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Palash Securities's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=483.615/164.2724*164.2724
=483.615

Current CPI (Mar26) = 164.2724.

Palash Securities Annual Data

Book Value per Share CPI Adj_Book
201703 51.790 105.196 80.874
201803 56.972 109.786 85.247
201903 251.285 118.202 349.226
202003 161.989 124.705 213.386
202103 277.843 131.771 346.374
202203 548.270 138.822 648.786
202303 397.957 146.865 445.127
202403 489.766 153.035 525.731
202503 603.326 157.552 629.062
202603 483.615 164.272 483.615

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 Palash Securities (NSE:PALASHSECU) Overvalued in 2026?

Based on GuruFocus' analysis, Palash Securities stock appears to be undervalued. The current stock price of ₹86.11 is trading 6.6% below its estimated GF Value™ of ₹92.24. GuruFocus considers Palash Securities to be Fairly Valued.

Key valuation signals for NSE:PALASHSECU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹92.24 vs. price of ₹86.11 (6.6% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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


Palash Securities Business Description

Other Exchanges 540648:India
Address 9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001
Palash Securities Ltd is engaged in food processing consisting of canned fruits and vegetables, jams jellies, squashes, and juices. The company's segments are Food Processing Business and Investments Business. The Investing Business consists of interest income from inter-corporate deposits and bank deposits and dividend income from investments in shares and securities. The Food Processing Business that generates the majority of revenue consists of the business of canned fruits and vegetables, jam, jellies, squashes, and juices.
60GF Score

Get the complete analysis for NSE:PALASHSECU

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

₹86.11
Price
₹92.24
GF Value