Garden Reach Shipbuilders & Engineers (BOM:542011) Cyclically Adjusted Book per Share: ₹136.53 (As of Dec. 2025)


BOM:542011 Garden Reach Shipbuilders & Engineers Ltd BOM:542011
92 GF Score
Price ₹2,615.65
GF Value ₹2,705.37
Valuation Fairly Valued
! 3 Warning Signs
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What is Garden Reach Shipbuilders & Engineers Cyclically Adjusted Book per Share?

Garden Reach Shipbuilders & Engineers BOM:542011 -2.94% 92 Cyclically Adjusted Book per Share is ₹136.53 as of Dec. 2025. GuruFocus rates BOM:542011 with a GF Score™ of 92/100 and a GF Value™ of ₹2,705.37 (Fairly Valued). The stock has 3 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.

Garden Reach Shipbuilders & Engineers's adjusted book value per share data for the fiscal year that ended in Mar. 2025 was ₹181.513. 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 ₹136.53 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Garden Reach Shipbuilders & Engineers was 5.30% per year. The lowest was 5.30% per year. And the median was 5.30% per year.

As of today (2026-07-09), Garden Reach Shipbuilders & Engineers's current stock price is ₹ 2615.65. Garden Reach Shipbuilders & Engineers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2025 was ₹136.53. Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio of today is 19.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Garden Reach Shipbuilders & Engineers was 24.07. The lowest was 1.90. And the median was 5.78.


Garden Reach Shipbuilders & Engineers  (BOM:542011) 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.

Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2615.65/136.53
=19.16

* 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 Garden Reach Shipbuilders & Engineers was 24.07. The lowest was 1.90. And the median was 5.78.


Be Aware

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


Garden Reach Shipbuilders & Engineers Cyclically Adjusted Book per Share Related Terms


Garden Reach Shipbuilders & Engineers Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers Cyclically Adjusted Book per Share Chart

Garden Reach Shipbuilders & Engineers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 116.87 123.00 128.82 136.53

Garden Reach Shipbuilders & Engineers Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 136.53 0.00 0.00 0.00

BOM:542011 vs SPCX, GE, RTX: Cyclically Adjusted Book per Share Comparison

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & Engineers'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.


Garden Reach Shipbuilders & Engineers Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's Cyclically Adjusted PB Ratio falls into.


BOM:542011
92GF Score
Garden Reach Shipbuilders & Engineers Ltd BOM:542011
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garden Reach Shipbuilders & Engineers 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, Garden Reach Shipbuilders & Engineers's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2025 was:

Adj_Book=Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=181.513/157.5517*157.5517
=181.513

Current CPI (Mar. 2025) = 157.5517.

Garden Reach Shipbuilders & Engineers Annual Data

Book Value per Share CPI Adj_Book
201603 99.226 102.518 152.492
201703 94.555 105.196 141.615
201803 89.177 109.786 127.976
201903 90.641 118.202 120.815
202003 90.809 124.705 114.728
202103 99.266 131.771 118.688
202203 109.810 138.822 124.626
202303 123.421 146.865 132.402
202403 146.086 153.035 150.398
202503 181.513 157.552 181.513

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 ₹136.53 mean?
Garden Reach Shipbuilders & Engineers (BOM:542011) has a Cyclically Adjusted Book per Share of ₹136.53 as of Dec. 2025. 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 Garden Reach Shipbuilders & Engineers and its competitors.
Is Garden Reach Shipbuilders & Engineers' Cyclically Adjusted Book per Share too high?
Garden Reach Shipbuilders & Engineers' current Cyclically Adjusted Book per Share is ₹136.53. Overall, Garden Reach Shipbuilders & Engineers has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garden Reach Shipbuilders & Engineers' Cyclically Adjusted Book per Share compare to SPCX and GE?
Garden Reach Shipbuilders & Engineers' Cyclically Adjusted Book per Share of ₹136.53 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted Book per Share depends on the Aerospace & Defense 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 Garden Reach Shipbuilders & Engineers and its competitors. Garden Reach Shipbuilders & Engineers's current Cyclically Adjusted Book per Share is ₹136.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Reach Shipbuilders & Engineers stock overvalued right now?
Based on GuruFocus' analysis, Garden Reach Shipbuilders & Engineers (BOM:542011) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,705.37, compared to a current price of ₹2,615.65 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹136.53. Garden Reach Shipbuilders & Engineers' overall GF Score™ is 92/100 with 3 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 Garden Reach Shipbuilders & Engineers (BOM:542011), the current Cyclically Adjusted Book per Share is ₹136.53 as of Dec. 2025. 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 Garden Reach Shipbuilders & Engineers (BOM:542011) Overvalued in 2026?

Based on GuruFocus' analysis, Garden Reach Shipbuilders & Engineers stock appears to be undervalued. The current stock price of ₹2,615.65 is trading 3.3% below its estimated GF Value™ of ₹2,705.37. GuruFocus considers Garden Reach Shipbuilders & Engineers to be Fairly Valued.

Key valuation signals for BOM:542011:

  • Cyclically Adjusted Book per Share: ₹136.53
  • GF Value™: ₹2,705.37 vs. price of ₹2,615.65 (3.3% below fair value)
  • GF Score™: 92/100 with 3 warning signs

No single metric tells the full story. See the BOM:542011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garden Reach Shipbuilders & Engineers Business Description

Other Exchanges GRSE:India
Address 61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700024
Garden Reach Shipbuilders & Engineers Ltd is an Indian shipbuilding company mainly engaged in the construction of warships. The company's product portfolio ranges from complex naval warships to weapon systems, encompassing commercial vessels, deck machinery, marine diesel engines, naval surface guns, and Bailey-type portable steel bridges. Additionally, it offers ship repair and maintenance services.
92GF Score

Get the complete analysis for BOM:542011

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

₹2,615.65
Price
₹2,705.37
GF Value