Wipro (MEX:WIT N) Cyclically Adjusted Book per Share: MXN16.56 (As of Jun. 2026)

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MEX:WIT N Wipro Ltd MEX:WIT N
81 GF Score
Price MXN39.70
GF Value MXN57.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Wipro Cyclically Adjusted Book per Share?

Wipro MEX:WIT N 81 Cyclically Adjusted Book per Share is MXN16.56 as of Jun. 2026. GuruFocus rates MEX:WIT N with a GF Score™ of 81/100 and a GF Value™ of MXN57.08 (Significantly Undervalued). The stock has 2 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.

Wipro's adjusted book value per share for the three months ended in Jun. 2026 was MXN14.391. 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 MXN16.56 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Wipro's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Wipro was 27.20% per year. The lowest was 8.70% per year. And the median was 12.90% per year.

As of today (2026-07-29), Wipro's current stock price is MXN39.70. Wipro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN16.56. Wipro's Cyclically Adjusted PB Ratio of today is 2.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wipro was 7.57. The lowest was 2.21. And the median was 3.71.


Wipro  (MEX:WIT N) 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.

Wipro's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.70/16.56
=2.40

* 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 Wipro was 7.57. The lowest was 2.21. And the median was 3.71.


Be Aware

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


Wipro Cyclically Adjusted Book per Share Related Terms


Wipro Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wipro'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.

Wipro Cyclically Adjusted Book per Share Chart

Wipro 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 15.47 14.12 10.74 10.63 15.54

Wipro Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.75 12.28 12.97 15.54 16.56

MEX:WIT N vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Wipro'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.


Wipro Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Wipro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:WIT N
81GF Score
Wipro Ltd MEX:WIT N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wipro 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, Wipro'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)
=14.391/166.1454*166.1454
=14.391

Current CPI (Jun. 2026) = 166.1454.

Wipro Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.868 105.961 17.041
201612 11.932 105.196 18.845
201703 11.549 105.196 18.240
201706 11.753 107.109 18.231
201709 12.261 109.021 18.685
201712 11.987 109.404 18.204
201803 11.239 109.786 17.009
201806 12.064 111.317 18.006
201809 11.230 115.142 16.204
201812 12.628 115.142 18.222
201903 13.201 118.202 18.555
201906 13.656 120.880 18.770
201909 12.528 123.175 16.898
201912 12.572 126.235 16.547
202003 15.345 124.705 20.444
202006 15.714 127.000 20.558
202009 16.164 130.118 20.640
202012 12.506 130.889 15.875
202103 14.218 131.771 17.927
202106 14.607 134.084 18.100
202109 15.836 135.847 19.368
202112 16.230 138.161 19.517
202203 15.687 138.822 18.775
202206 16.180 142.347 18.885
202209 16.428 144.661 18.868
202212 16.293 145.763 18.571
202303 15.622 146.865 17.673
202306 12.730 150.280 14.074
202309 14.053 151.492 15.412
202312 14.268 152.924 15.502
202403 14.361 153.035 15.591
202406 16.389 155.789 17.479
202409 18.401 157.882 19.364
202412 20.041 158.323 21.031
202503 18.724 157.552 19.745
202506 18.196 159.755 18.924
202509 17.071 162.289 17.477
202512 17.121 163.281 17.421
202603 16.419 164.272 16.606
202606 14.391 166.145 14.391

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 MXN16.56 mean?
Wipro (MEX:WIT N) has a Cyclically Adjusted Book per Share of MXN16.56 as of Jun. 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 Wipro and its competitors.
Is Wipro's Cyclically Adjusted Book per Share too high?
Wipro's current Cyclically Adjusted Book per Share is MXN16.56. Overall, Wipro has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wipro's Cyclically Adjusted Book per Share compare to IBM and ACN?
Wipro's Cyclically Adjusted Book per Share of MXN16.56 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Wipro and its competitors. Wipro's current Cyclically Adjusted Book per Share is MXN16.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wipro stock overvalued right now?
Based on GuruFocus' analysis, Wipro (MEX:WIT N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN57.08, compared to a current price of MXN39.70 — trading 30.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN16.56. Wipro's overall GF Score™ is 81/100 with 2 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 Wipro (MEX:WIT N), the current Cyclically Adjusted Book per Share is MXN16.56 as of Jun. 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 Wipro (MEX:WIT N) Overvalued in 2026?

Based on GuruFocus' analysis, Wipro stock appears to be undervalued. The current stock price of MXN39.70 is trading 30.4% below its estimated GF Value™ of MXN57.08. GuruFocus considers Wipro to be Significantly Undervalued.

Key valuation signals for MEX:WIT N:

  • Cyclically Adjusted Book per Share: MXN16.56
  • GF Value™: MXN57.08 vs. price of MXN39.70 (30.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Wipro Business Description

Address Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560035
Wipro is a multinational IT services provider based in Bengaluru, India. The company pivoted into the IT space in the 1980s and grew into one of the largest Indian IT consulting companies during the dot-com boom. Nowadays, Wipro leverages its offshore outsourcing model to derive a significant portion of its revenue from North America and Europe.
81GF Score

Get the complete analysis for MEX:WIT N

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

MXN39.70
Price
MXN57.08
GF Value