Megh Mayur Infra (BOM:509003) Cyclically Adjusted Book per Share: ₹13.31 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

What is Megh Mayur Infra Cyclically Adjusted Book per Share?

Megh Mayur Infra BOM:509003 Cyclically Adjusted Book per Share is ₹13.31 as of Mar. 2026. The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Megh Mayur Infra's adjusted book value per share for the three months ended in Mar. 2026 was ₹9.410. 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 ₹13.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Megh Mayur Infra's average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Megh Mayur Infra was -0.20% per year. The lowest was -1.10% per year. And the median was -0.60% per year.

As of today (2026-07-17), Megh Mayur Infra's current stock price is ₹0.13. Megh Mayur Infra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹13.31. Megh Mayur Infra's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Megh Mayur Infra was 0.01. The lowest was 0.00. And the median was 0.00.


Megh Mayur Infra  (BOM:509003) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Megh Mayur Infra's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.13/13.31
=0.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Megh Mayur Infra was 0.01. The lowest was 0.00. And the median was 0.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Megh Mayur Infra Cyclically Adjusted Book per Share Related Terms


Megh Mayur Infra Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Megh Mayur Infra's Cyclically Adjusted Book per Share 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.

Megh Mayur Infra Cyclically Adjusted Book per Share Chart

Megh Mayur Infra Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.62 13.77 14.02 13.55 13.31

Megh Mayur Infra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 13.55 13.64 13.62 13.46 13.31

BOM:509003 vs JCI, J, PWR: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Megh Mayur Infra'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.


Megh Mayur Infra Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Megh Mayur Infra's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Megh Mayur Infra's Cyclically Adjusted PB Ratio falls into.



Megh Mayur Infra Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Megh Mayur Infra'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)
=9.41/164.2724*164.2724
=9.410

Current CPI (Mar. 2026) = 164.2724.

Megh Mayur Infra Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.632 105.961 18.033
201609 11.593 105.961 17.973
201612 11.554 105.196 18.043
201703 11.503 105.196 17.963
201706 0.000 107.109 0.000
201709 11.374 109.021 17.138
201712 11.334 109.404 17.018
201803 11.286 109.786 16.887
201806 11.211 111.317 16.544
201809 11.170 115.142 15.936
201812 11.119 115.142 15.863
201903 11.054 118.202 15.362
201906 10.963 120.880 14.898
201909 10.920 123.175 14.563
201912 10.877 126.235 14.154
202003 10.820 124.705 14.253
202006 10.726 127.000 13.874
202009 10.685 130.118 13.490
202012 10.649 130.889 13.365
202103 10.608 131.771 13.225
202106 10.523 134.084 12.892
202109 10.508 135.847 12.707
202112 10.486 138.161 12.468
202203 10.433 138.822 12.346
202206 10.349 142.347 11.943
202209 10.326 144.661 11.726
202212 10.310 145.763 11.619
202303 10.270 146.865 11.487
202306 10.170 150.280 11.117
202309 10.134 151.492 10.989
202312 10.080 152.924 10.828
202403 10.025 153.035 10.761
202406 9.884 155.789 10.422
202409 9.834 157.882 10.232
202412 9.797 158.323 10.165
202503 9.699 157.552 10.113
202506 9.610 159.755 9.882
202509 9.552 162.289 9.669
202512 9.526 163.281 9.584
202603 9.410 164.272 9.410

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ₹13.31 mean?
Megh Mayur Infra (BOM:509003) has a Cyclically Adjusted Book per Share of ₹13.31 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Megh Mayur Infra and its competitors.
Is Megh Mayur Infra's Cyclically Adjusted Book per Share too high?
Megh Mayur Infra's current Cyclically Adjusted Book per Share is ₹13.31.
How does Megh Mayur Infra's Cyclically Adjusted Book per Share compare to JCI and J?
Megh Mayur Infra's Cyclically Adjusted Book per Share of ₹13.31 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Megh Mayur Infra and its competitors. Megh Mayur Infra's current Cyclically Adjusted Book per Share is ₹13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megh Mayur Infra stock overvalued right now?
Megh Mayur Infra (BOM:509003) has a current Cyclically Adjusted Book per Share of ₹13.31. The current Cyclically Adjusted Book per Share is ₹13.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Megh Mayur Infra (BOM:509003), the current Cyclically Adjusted Book per Share is ₹13.31 as of Mar. 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.

Megh Mayur Infra Business Description

Address Udhna Magdalla Road, First Floor, Megh Dhwani Complex, Surat, GJ, IND, 395017
Megh Mayur Infra Ltd is engaged in the business of construction services. It offers functional and space, furnishings planning, custom furniture, lighting design, and maintenance evaluation services.