Rashtriya Chemicals & Fertilizers (NSE:RCF) Cyclically Adjusted PB Ratio: 1.49 (As of Jul. 25, 2026) — 15% Below Median

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NSE:RCF Rashtriya Chemicals & Fertilizers Ltd NSE:RCF
74 GF Score
Price ₹124.22
GF Value ₹365.70
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio?

Rashtriya Chemicals & Fertilizers NSE:RCF +0.05% 74 Cyclically Adjusted PB Ratio is 1.49 as of Jul. 25, 2026, which is 15% below its 10-year median of 1.75. GuruFocus rates NSE:RCF with a GF Score™ of 74/100 and a GF Value™ of ₹365.70 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 200 Agriculture companies, Rashtriya Chemicals & Fertilizers ranks worse than 54.5% on this metric.

As of today (2026-07-25), Rashtriya Chemicals & Fertilizers's current share price is ₹124.22. Rashtriya Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹83.64. Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is 1.49.

The historical rank and industry rank for Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:RCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.75   Max: 2.24
Current: 1.52

During the past years, Rashtriya Chemicals & Fertilizers's highest Cyclically Adjusted PB Ratio was 2.24. The lowest was 1.37. And the median was 1.75.

NSE:RCF's Cyclically Adjusted PB Ratio is ranked worse than
54.5% of 200 companies
in the Agriculture industry
Industry Median: 1.37 vs NSE:RCF: 1.52

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.

Rashtriya Chemicals & Fertilizers's adjusted book value per share data for the three months ended in Mar. 2026 was ₹92.828. 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 ₹83.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rashtriya Chemicals & Fertilizers  (NSE:RCF) 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.


Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio Related Terms


Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rashtriya Chemicals & Fertilizers'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.

Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio Chart

Rashtriya Chemicals & Fertilizers 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 1.57 1.28

Rashtriya Chemicals & Fertilizers 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 1.57 0.00 1.77 0.00 1.28

NSE:RCF vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Rashtriya Chemicals & Fertilizers'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.


Rashtriya Chemicals & Fertilizers Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio falls into.


NSE:RCF
74GF Score
Rashtriya Chemicals & Fertilizers Ltd NSE:RCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rashtriya Chemicals & Fertilizers 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.

Rashtriya Chemicals & Fertilizers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=124.22/83.64
=1.49

* 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.

Rashtriya Chemicals & Fertilizers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Rashtriya Chemicals & Fertilizers'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)
=92.828/164.2724*164.2724
=92.828

Current CPI (Mar. 2026) = 164.2724.

Rashtriya Chemicals & Fertilizers Quarterly Data

Book Value per Share CPI Adj_Book
201103 36.443 70.768 84.594
201203 39.326 76.889 84.020
201303 42.519 85.687 81.514
201403 45.135 91.425 81.099
201503 50.102 97.163 84.707
201603 51.059 102.518 81.815
201703 53.020 105.196 82.795
201803 53.105 109.786 79.461
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 54.895 118.202 76.291
201906 0.000 120.880 0.000
201909 53.594 123.175 71.476
201912 0.000 126.235 0.000
202003 57.789 124.705 76.125
202006 0.000 127.000 0.000
202009 59.766 130.118 75.454
202012 0.000 130.889 0.000
202103 60.746 131.771 75.729
202106 0.000 134.084 0.000
202109 66.228 135.847 80.086
202112 0.000 138.161 0.000
202203 70.364 138.822 83.264
202206 0.000 142.347 0.000
202209 80.493 144.661 91.405
202212 0.000 145.763 0.000
202303 83.201 146.865 93.063
202306 0.000 150.280 0.000
202309 85.313 151.492 92.510
202312 0.000 152.924 0.000
202403 83.485 153.035 89.616
202406 0.000 155.789 0.000
202409 83.776 157.882 87.167
202412 0.000 158.323 0.000
202503 86.015 157.552 89.684
202506 0.000 159.755 0.000
202509 89.215 162.289 90.305
202512 0.000 163.281 0.000
202603 92.828 164.272 92.828

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 1.49 mean?
Rashtriya Chemicals & Fertilizers (NSE:RCF) has a Cyclically Adjusted PB Ratio of 1.49 as of Jul. 25, 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 Rashtriya Chemicals & Fertilizers and its competitors. This is 15% below median its historical median of 1.75. Over the past decade, Rashtriya Chemicals & Fertilizers' Cyclically Adjusted PB Ratio has ranged from 1.37 to 2.24. According to the industry distribution chart, Rashtriya Chemicals & Fertilizers ranks #109 out of 200 companies in the Agriculture industry, placing it in the top 54.5%.
Is Rashtriya Chemicals & Fertilizers' Cyclically Adjusted PB Ratio too high?
Rashtriya Chemicals & Fertilizers' current Cyclically Adjusted PB Ratio of 1.49 is 15% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.24. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.37. Rashtriya Chemicals & Fertilizers' value of 1.49 is 8.8% above this industry median. Based on the distribution chart, Rashtriya Chemicals & Fertilizers ranks #109 out of 200 companies in the Agriculture industry, which is below the industry midpoint. Overall, Rashtriya Chemicals & Fertilizers has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rashtriya Chemicals & Fertilizers' Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Rashtriya Chemicals & Fertilizers ranks #109 out of 200 companies for Cyclically Adjusted PB Ratio. This places Rashtriya Chemicals & Fertilizers in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.37. Rashtriya Chemicals & Fertilizers' value of 1.49 is 8.8% above this benchmark. Historically, Rashtriya Chemicals & Fertilizers' own Cyclically Adjusted PB Ratio has ranged from 1.37 to 2.24 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.37, Rashtriya Chemicals & Fertilizers 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.37, based on 200 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. Rashtriya Chemicals & Fertilizers's current Cyclically Adjusted PB Ratio of 1.49 is 8.8% 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 Rashtriya Chemicals & Fertilizers and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rashtriya Chemicals & Fertilizers's current Cyclically Adjusted PB Ratio is 1.49, which is 15% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rashtriya Chemicals & Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Rashtriya Chemicals & Fertilizers (NSE:RCF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹365.70, compared to a current price of ₹124.22 — trading 66% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.49, which is 15% below median its 10-year median of 1.75 and 8.8% above the Agriculture industry median of 1.37. Rashtriya Chemicals & Fertilizers' overall GF Score™ is 74/100 with 4 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 Rashtriya Chemicals & Fertilizers (NSE:RCF), the current Cyclically Adjusted PB Ratio is 1.49 as of Jul. 25, 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 Rashtriya Chemicals & Fertilizers (NSE:RCF) Overvalued in 2026?

Based on GuruFocus' analysis, Rashtriya Chemicals & Fertilizers stock appears to be undervalued. The current stock price of ₹124.22 is trading 66% below its estimated GF Value™ of ₹365.70. GuruFocus considers Rashtriya Chemicals & Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:RCF:

  • Cyclically Adjusted PB Ratio: 1.49 (15% below median its 10-year median of 1.75)
  • GF Value™: ₹365.70 vs. price of ₹124.22 (66% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 8.8% above the Agriculture median (#109 of 200)

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


Rashtriya Chemicals & Fertilizers Business Description

Other Exchanges 524230:India
Address Eastern Express Highway, Priyadarshini Building, Sion, Mumbai, MH, IND, 400022
Rashtriya Chemicals & Fertilizers Ltd is engaged in the manufacturing and marketing of fertilizers and industrial chemicals. It is a government-owned company under the Ministry of Chemicals and Fertilizers, India. It operates two manufacturing units in Mumbai and Thal, Maharashtra. It produces fertilizers such as urea, complex fertilizers (NPK), bio-fertilizers, micronutrients, and water-soluble fertilizers, along with a range of industrial chemicals used in various industries. The company distributes its products across India and outside India. The company also offers soil testing and farmer training services. The Company has the following operating segments: Fertilizers, Industrial Chemicals, and Trading. The majority revenue generation segment is Industrial Chemicals.
74GF Score

Get the complete analysis for NSE:RCF

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

₹124.22
Price
₹365.70
GF Value