PCBL Chemical (NSE:PCBL) Cyclically Adjusted PB Ratio: 4.38 (As of Jul. 27, 2026) — 20% Below Median

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NSE:PCBL PCBL Chemical Ltd NSE:PCBL
92 GF Score
Price ₹317.90
GF Value ₹376.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PCBL Chemical Cyclically Adjusted PB Ratio?

PCBL Chemical NSE:PCBL -0.53% 92 Cyclically Adjusted PB Ratio is 4.38 as of Jul. 27, 2026, which is 20% below its 10-year median of 5.46. GuruFocus rates NSE:PCBL with a GF Score™ of 92/100 and a GF Value™ of ₹376.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,270 Chemicals companies, PCBL Chemical ranks worse than 81.65% on this metric.

As of today (2026-07-27), PCBL Chemical's current share price is ₹317.90. PCBL Chemical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹72.58. PCBL Chemical's Cyclically Adjusted PB Ratio for today is 4.38.

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

NSE:PCBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.56   Med: 5.46   Max: 9.36
Current: 4.37

During the past years, PCBL Chemical's highest Cyclically Adjusted PB Ratio was 9.36. The lowest was 3.56. And the median was 5.46.

NSE:PCBL's Cyclically Adjusted PB Ratio is ranked worse than
81.65% of 1270 companies
in the Chemicals industry
Industry Median: 1.645 vs NSE:PCBL: 4.37

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.

PCBL Chemical's adjusted book value per share data for the three months ended in Mar. 2026 was ₹101.822. 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 ₹72.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCBL Chemical  (NSE:PCBL) 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.


PCBL Chemical Cyclically Adjusted PB Ratio Related Terms


PCBL Chemical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PCBL Chemical'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.

PCBL Chemical Cyclically Adjusted PB Ratio Chart

PCBL Chemical 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 0.00 0.00 0.00 6.79 3.33

PCBL Chemical 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 6.79 0.00 5.42 0.00 3.33

NSE:PCBL vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, PCBL Chemical'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.


PCBL Chemical Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCBL Chemical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:PCBL
92GF Score
PCBL Chemical Ltd NSE:PCBL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCBL Chemical 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.

PCBL Chemical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=317.90/72.58
=4.38

* 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.

PCBL Chemical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PCBL Chemical'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)
=101.822/164.2724*164.2724
=101.822

Current CPI (Mar. 2026) = 164.2724.

PCBL Chemical Quarterly Data

Book Value per Share CPI Adj_Book
201209 33.970 82.244 67.851
201212 0.000 83.774 0.000
201303 16.977 85.687 32.547
201403 14.544 91.425 26.133
201503 30.582 97.163 51.705
201603 30.313 102.518 48.573
201703 32.805 105.196 51.228
201803 39.967 109.786 59.802
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 47.868 118.202 66.525
201906 0.000 120.880 0.000
201909 51.572 123.175 68.779
201912 0.000 126.235 0.000
202003 49.296 124.705 64.937
202006 0.000 127.000 0.000
202009 52.009 130.118 65.661
202012 0.000 130.889 0.000
202103 56.153 131.771 70.003
202106 0.000 134.084 0.000
202109 64.735 135.847 78.281
202112 0.000 138.161 0.000
202203 69.252 138.822 81.948
202206 0.000 142.347 0.000
202209 75.956 144.661 86.253
202212 0.000 145.763 0.000
202303 74.979 146.865 83.866
202306 0.000 150.280 0.000
202309 82.553 151.492 89.517
202312 0.000 152.924 0.000
202403 86.013 153.035 92.329
202406 0.000 155.789 0.000
202409 101.028 157.882 105.117
202412 0.000 158.323 0.000
202503 97.955 157.552 102.133
202506 0.000 159.755 0.000
202509 102.554 162.289 103.807
202512 0.000 163.281 0.000
202603 101.822 164.272 101.822

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 4.38 mean?
PCBL Chemical (NSE:PCBL) has a Cyclically Adjusted PB Ratio of 4.38 as of Jul. 27, 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 PCBL Chemical and its competitors. This is 20% below median its historical median of 5.46. Over the past decade, PCBL Chemical's Cyclically Adjusted PB Ratio has ranged from 3.56 to 9.36. According to the industry distribution chart, PCBL Chemical ranks #1037 out of 1270 companies in the Chemicals industry, placing it in the top 81.7%.
Is PCBL Chemical's Cyclically Adjusted PB Ratio too high?
PCBL Chemical's current Cyclically Adjusted PB Ratio of 4.38 is 20% below median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 9.36. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. PCBL Chemical's value of 4.38 is 166.3% above this industry median. Based on the distribution chart, PCBL Chemical ranks #1037 out of 1270 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, PCBL Chemical has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PCBL Chemical's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, PCBL Chemical ranks #1037 out of 1270 companies for Cyclically Adjusted PB Ratio. This places PCBL Chemical in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. PCBL Chemical's value of 4.38 is 166.3% above this benchmark. Historically, PCBL Chemical's own Cyclically Adjusted PB Ratio has ranged from 3.56 to 9.36 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 1.65, PCBL Chemical 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,270 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. PCBL Chemical's current Cyclically Adjusted PB Ratio of 4.38 is 166.3% 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 PCBL Chemical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCBL Chemical's current Cyclically Adjusted PB Ratio is 4.38, which is 20% below median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCBL Chemical stock overvalued right now?
Based on GuruFocus' analysis, PCBL Chemical (NSE:PCBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹376.08, compared to a current price of ₹317.90 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.38, which is 20% below median its 10-year median of 5.46 and 166.3% above the Chemicals industry median of 1.65. PCBL Chemical's overall GF Score™ is 92/100 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 PCBL Chemical (NSE:PCBL), the current Cyclically Adjusted PB Ratio is 4.38 as of Jul. 27, 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 PCBL Chemical (NSE:PCBL) Overvalued in 2026?

Based on GuruFocus' analysis, PCBL Chemical stock appears to be undervalued. The current stock price of ₹317.90 is trading 15.5% below its estimated GF Value™ of ₹376.08. GuruFocus considers PCBL Chemical to be Modestly Undervalued.

Key valuation signals for NSE:PCBL:

  • Cyclically Adjusted PB Ratio: 4.38 (20% below median its 10-year median of 5.46)
  • GF Value™: ₹376.08 vs. price of ₹317.90 (15.5% below fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 166.3% above the Chemicals median (#1037 of 1270)

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


PCBL Chemical Business Description

Other Exchanges 506590:India
Address 2/4 Judges Court Road, RPSG House, 4th Floor, Kolkata, WB, IND, 700 027
PCBL Chemical Ltd is mainly engaged in the manufacturing of carbon black. The business activities of the entity are functioned through the segments of Carbon Black, Specialty Chemicals, and Power. Carbon black is a reinforcing filler used in rubber compounds and enhances rubber properties. Specialty Chemicals are used as a pigment in plastics, inks, coatings, and many other applications.
92GF Score

Get the complete analysis for NSE:PCBL

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

₹317.90
Price
₹376.08
GF Value