The Shipping of India (NSE:SCI) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:SCI The Shipping Corp of India Ltd NSE:SCI
78 GF Score
Price ₹298.80
GF Value ₹259.58
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is The Shipping of India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Shipping of India  (NSE:SCI) 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.


The Shipping of India Cyclically Adjusted PB Ratio Related Terms


The Shipping of India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Shipping of India'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.

The Shipping of India Cyclically Adjusted PB Ratio Chart

The Shipping of India 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 0.32 0.47 1.04 0.83 1.08

The Shipping of India 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 0.00 1.10 0.00 1.08 0.00

The Shipping of India Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, The Shipping of India'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.


The Shipping of India Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, The Shipping of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Shipping of India's Cyclically Adjusted PB Ratio falls into.


NSE:SCI
78GF Score
The Shipping Corp of India Ltd NSE:SCI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Shipping of India 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.

The Shipping of India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Shipping of India's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

The Shipping of India Quarterly Data

Book Value per Share CPI Adj_Book
201503 128.627 97.163 219.948
201506 0.000 99.841 0.000
201509 147.230 101.753 240.401
201512 0.000 102.901 0.000
201603 143.757 102.518 232.979
201703 148.006 105.196 233.759
201803 155.330 109.786 235.069
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 154.213 118.202 216.762
201906 0.000 120.880 0.000
201909 152.229 123.175 205.335
201912 0.000 126.235 0.000
202003 160.663 124.705 214.052
202006 0.000 127.000 0.000
202009 170.107 130.118 217.207
202012 0.000 130.889 0.000
202103 175.345 131.771 221.087
202106 0.000 134.084 0.000
202109 184.226 135.847 225.315
202112 0.000 138.161 0.000
202203 128.257 138.822 153.501
202206 0.000 142.347 0.000
202209 201.829 144.661 231.804
202212 0.000 145.763 0.000
202303 148.183 146.865 167.637
202306 0.000 150.280 0.000
202309 152.771 151.492 167.548
202312 0.000 152.924 0.000
202403 161.862 153.035 175.729
202406 0.000 155.789 0.000
202409 173.050 157.882 182.107
202412 0.000 158.323 0.000
202503 178.440 157.552 188.173
202506 0.000 159.755 0.000
202509 183.145 162.289 187.497
202512 0.000 163.281 0.000
202603 195.284 164.272 197.511
202606 0.000 166.145 0.000

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 The Shipping of India (NSE:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, The Shipping of India stock appears to be overvalued. The current stock price of ₹298.80 is trading 15.1% above its estimated GF Value™ of ₹259.58. GuruFocus considers The Shipping of India to be Modestly Overvalued.

Key valuation signals for NSE:SCI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹259.58 vs. price of ₹298.80 (15.1% above fair value)
  • GF Score™: 78/100 with 1 warning sign

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


The Shipping of India Business Description

Other Exchanges 523598:India
Address 245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger, and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the other segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.
78GF Score

Get the complete analysis for NSE:SCI

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

₹298.80
Price
₹259.58
GF Value