Ashoka Buildcon (BOM:533271) Cyclically Adjusted Book per Share: ₹70.22 (As of Mar. 2026)


BOM:533271 Ashoka Buildcon Ltd BOM:533271
80 GF Score
Price ₹130.80
GF Value ₹150.48
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ashoka Buildcon Cyclically Adjusted Book per Share?

Ashoka Buildcon BOM:533271 -2.57% 80 Cyclically Adjusted Book per Share is ₹70.22 as of Mar. 2026. GuruFocus rates BOM:533271 with a GF Score™ of 80/100 and a GF Value™ of ₹150.48 (Modestly Undervalued). The stock has 7 warning signs 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.

Ashoka Buildcon's adjusted book value per share for the three months ended in Mar. 2026 was ₹234.369. 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 ₹70.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ashoka Buildcon's average Cyclically Adjusted Book Growth Rate was 21.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 Ashoka Buildcon was 13.60% per year. The lowest was 8.70% per year. And the median was 11.15% per year.

As of today (2026-06-28), Ashoka Buildcon's current stock price is ₹130.80. Ashoka Buildcon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹70.22. Ashoka Buildcon's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ashoka Buildcon was 5.32. The lowest was 1.50. And the median was 2.63.


Ashoka Buildcon  (BOM:533271) 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.

Ashoka Buildcon's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=130.80/70.22
=1.86

* 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 Ashoka Buildcon was 5.32. The lowest was 1.50. And the median was 2.63.


Be Aware

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


Ashoka Buildcon Cyclically Adjusted Book per Share Related Terms


Ashoka Buildcon Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ashoka Buildcon'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.

Ashoka Buildcon Cyclically Adjusted Book per Share Chart

Ashoka Buildcon 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 45.05 47.96 52.84 57.80 70.22

Ashoka Buildcon 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 57.80 0.00 62.31 0.00 70.22

BOM:533271 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Ashoka Buildcon'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.


Ashoka Buildcon Cyclically Adjusted PB Ratio vs Construction Industry

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

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


BOM:533271
80GF Score
Ashoka Buildcon Ltd BOM:533271
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashoka Buildcon 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, Ashoka Buildcon'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)
=234.369/164.2724*164.2724
=234.369

Current CPI (Mar. 2026) = 164.2724.

Ashoka Buildcon Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 59.084 97.163 99.893
201506 0.000 99.841 0.000
201509 67.147 101.753 108.403
201512 0.000 102.901 0.000
201603 25.114 102.518 40.242
201703 16.724 105.196 26.116
201803 11.254 109.786 16.839
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 10.220 118.202 14.203
201906 0.000 120.880 0.000
201909 10.127 123.175 13.506
201912 0.000 126.235 0.000
202003 14.758 124.705 19.441
202006 0.000 127.000 0.000
202009 16.370 130.118 20.667
202012 0.000 130.889 0.000
202103 22.061 131.771 27.502
202106 0.000 134.084 0.000
202109 27.110 135.847 32.783
202112 0.000 138.161 0.000
202203 49.188 138.822 58.206
202206 0.000 142.347 0.000
202209 56.264 144.661 63.892
202212 0.000 145.763 0.000
202303 59.689 146.865 66.764
202306 0.000 150.280 0.000
202309 68.908 151.492 74.721
202312 0.000 152.924 0.000
202403 79.090 153.035 84.898
202406 0.000 155.789 0.000
202409 100.721 157.882 104.798
202412 0.000 158.323 0.000
202503 139.470 157.552 145.419
202506 0.000 159.755 0.000
202509 149.990 162.289 151.823
202512 0.000 163.281 0.000
202603 234.369 164.272 234.369

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 ₹70.22 mean?
Ashoka Buildcon (BOM:533271) has a Cyclically Adjusted Book per Share of ₹70.22 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 Ashoka Buildcon and its competitors.
Is Ashoka Buildcon's Cyclically Adjusted Book per Share too high?
Ashoka Buildcon's current Cyclically Adjusted Book per Share is ₹70.22. Overall, Ashoka Buildcon has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Buildcon's Cyclically Adjusted Book per Share compare to PWR and FIX?
Ashoka Buildcon's Cyclically Adjusted Book per Share of ₹70.22 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 Ashoka Buildcon and its competitors. Ashoka Buildcon's current Cyclically Adjusted Book per Share is ₹70.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Buildcon stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Buildcon (BOM:533271) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹150.48, compared to a current price of ₹130.80 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹70.22. Ashoka Buildcon's overall GF Score™ is 80/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Ashoka Buildcon (BOM:533271), the current Cyclically Adjusted Book per Share is ₹70.22 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.

Is Ashoka Buildcon (BOM:533271) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Buildcon stock appears to be undervalued. The current stock price of ₹130.80 is trading 13.1% below its estimated GF Value™ of ₹150.48. GuruFocus considers Ashoka Buildcon to be Modestly Undervalued.

Key valuation signals for BOM:533271:

  • Cyclically Adjusted Book per Share: ₹70.22
  • GF Value™: ₹150.48 vs. price of ₹130.80 (13.1% below fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the BOM:533271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashoka Buildcon Business Description

Other Exchanges ASHOKA:India
Address Ashoka Marg, Survey No 861, Ashoka House, Vadala, Nashik, MH, IND, 422011
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities, which includes engineering, procurement, and construction of infrastructure projects; Build, Operate, and Transfer, which involves annuity-based infrastructure development under BOT and annuity models; and Sale of Goods, which mainly consists of the sale of construction materials, including RMC and real estate. The company operates across India, with the majority of its revenue generated from construction and contract-related activities.
80GF Score

Get the complete analysis for BOM:533271

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

₹130.80
Price
₹150.48
GF Value