Goblin India (BOM:542850) Cyclically Adjusted Book per Share: ₹23.86 (As of Mar. 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.

BOM:542850 Goblin India Ltd BOM:542850
67 GF Score
Price ₹8.01
GF Value ₹41.48
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Goblin India Cyclically Adjusted Book per Share?

Goblin India BOM:542850 67 Cyclically Adjusted Book per Share is ₹23.86 as of Mar. 2026. GuruFocus rates BOM:542850 with a GF Score™ of 67/100 and a GF Value™ of ₹41.48 (Possible Value Trap). The stock has 4 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.

Goblin India's adjusted book value per share data for the fiscal year that ended in Mar. 2026 was ₹33.473. 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 ₹23.86 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-26), Goblin India's current stock price is ₹ 8.01. Goblin India's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2026 was ₹23.86. Goblin India's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Goblin India was 0.39. The lowest was 0.30. And the median was 0.34.


Goblin India  (BOM:542850) 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.

Goblin India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.01/23.86
=0.34

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Goblin India was 0.39. The lowest was 0.30. And the median was 0.34.


Be Aware

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


Goblin India Cyclically Adjusted Book per Share Related Terms


Goblin India Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Goblin India'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.

Goblin India Cyclically Adjusted Book per Share Chart

Goblin India 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 0.00 0.00 0.00 0.00 23.86

Goblin India Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 23.86

BOM:542850 vs NKE, DECK, ONON: Cyclically Adjusted Book per Share Comparison

For the Footwear & Accessories subindustry, Goblin 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.


Goblin India Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:542850
67GF Score
Goblin India Ltd BOM:542850
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goblin India 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, Goblin India's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2026 was:

Adj_Book=Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=33.473/164.2724*164.2724
=33.473

Current CPI (Mar. 2026) = 164.2724.

Goblin India Annual Data

Book Value per Share CPI Adj_Book
201703 1.934 105.196 3.020
201803 4.191 109.786 6.271
201903 7.639 118.202 10.616
202003 27.097 124.705 35.695
202103 24.735 131.771 30.836
202203 23.265 138.822 27.530
202303 24.197 146.865 27.065
202403 29.398 153.035 31.557
202503 31.230 157.552 32.562
202603 33.473 164.272 33.473

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 ₹23.86 mean?
Goblin India (BOM:542850) has a Cyclically Adjusted Book per Share of ₹23.86 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 Goblin India and its competitors.
Is Goblin India's Cyclically Adjusted Book per Share too high?
Goblin India's current Cyclically Adjusted Book per Share is ₹23.86. Overall, Goblin India has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goblin India's Cyclically Adjusted Book per Share compare to NKE and DECK?
Goblin India's Cyclically Adjusted Book per Share of ₹23.86 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Goblin India and its competitors. Goblin India's current Cyclically Adjusted Book per Share is ₹23.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goblin India stock overvalued right now?
Based on GuruFocus' analysis, Goblin India (BOM:542850) is currently considered Possible Value Trap. The stock's GF Value™ is ₹41.48, compared to a current price of ₹8.01 — trading 80.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹23.86. Goblin India's overall GF Score™ is 67/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Goblin India (BOM:542850), the current Cyclically Adjusted Book per Share is ₹23.86 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 Goblin India (BOM:542850) Overvalued in 2026?

Based on GuruFocus' analysis, Goblin India stock appears to be undervalued. The current stock price of ₹8.01 is trading 80.7% below its estimated GF Value™ of ₹41.48. GuruFocus considers Goblin India to be Possible Value Trap.

Key valuation signals for BOM:542850:

  • Cyclically Adjusted Book per Share: ₹23.86
  • GF Value™: ₹41.48 vs. price of ₹8.01 (80.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the BOM:542850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goblin India Business Description

Address Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009
Goblin India Ltd is engaged in the manufacturing of travel gear solutions. The company offers a variety of Travelling Gears, including Hard Luggage, Soft Luggage, and other accessories like wallets, purses, and travel neck pillows. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories, and corporate gifts. The company's products include office bags, trolley bags, overnight bags, etc.
67GF Score

Get the complete analysis for BOM:542850

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

₹8.01
Price
₹41.48
GF Value