Asian Granito India (NSE:ASIANTILES) Cyclically Adjusted Book per Share: ₹119.67 (As of Mar. 2026)


NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
65 GF Score
Price ₹48.84
GF Value ₹31.85
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asian Granito India Cyclically Adjusted Book per Share?

Asian Granito India NSE:ASIANTILES +1.98% 65 Cyclically Adjusted Book per Share is ₹119.67 as of Mar. 2026. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 65/100 and a GF Value™ of ₹31.85 (Significantly Overvalued). 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.

Asian Granito India's adjusted book value per share for the three months ended in Mar. 2026 was ₹51.356. 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 ₹119.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asian Granito India's average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.30% 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 Asian Granito India was -0.50% per year. The lowest was -2.30% per year. And the median was -1.40% per year.

As of today (2026-07-12), Asian Granito India's current stock price is ₹48.84. Asian Granito India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹119.67. Asian Granito India's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asian Granito India was 1.00. The lowest was 0.27. And the median was 0.51.


Asian Granito India  (NSE:ASIANTILES) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.84/119.67
=0.41

* 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 Asian Granito India was 1.00. The lowest was 0.27. And the median was 0.51.


Be Aware

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


Asian Granito India Cyclically Adjusted Book per Share Related Terms


Asian Granito India Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Asian Granito 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.

Asian Granito India Cyclically Adjusted Book per Share Chart

Asian Granito 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 126.45 129.70 124.21 124.46 119.67

Asian Granito India 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 124.46 0.00 124.33 0.00 119.67

NSE:ASIANTILES vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, Asian Granito 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.


Asian Granito India Cyclically Adjusted PB Ratio vs Construction Industry

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

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


NSE:ASIANTILES
65GF Score
Asian Granito India Ltd NSE:ASIANTILES
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Granito 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, Asian Granito India'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)
=51.356/164.2724*164.2724
=51.356

Current CPI (Mar. 2026) = 164.2724.

Asian Granito India Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 79.707 105.961 123.570
201612 0.000 105.196 0.000
201703 83.773 105.196 130.819
201706 0.000 107.109 0.000
201709 89.643 109.021 135.073
201712 0.000 109.404 0.000
201803 91.357 109.786 136.697
201806 0.000 111.317 0.000
201809 91.810 115.142 130.985
201812 0.000 115.142 0.000
201903 94.710 118.202 131.624
201906 0.000 120.880 0.000
201909 105.491 123.175 140.688
201912 0.000 126.235 0.000
202003 108.620 124.705 143.084
202006 0.000 127.000 0.000
202009 110.575 130.118 139.600
202012 0.000 130.889 0.000
202103 116.115 131.771 144.755
202106 0.000 134.084 0.000
202109 124.069 135.847 150.030
202112 0.000 138.161 0.000
202203 120.927 138.822 143.097
202206 0.000 142.347 0.000
202209 104.451 144.661 118.611
202212 0.000 145.763 0.000
202303 99.101 146.865 110.847
202306 0.000 150.280 0.000
202309 100.762 151.492 109.263
202312 0.000 152.924 0.000
202403 99.991 153.035 107.334
202406 0.000 155.789 0.000
202409 100.633 157.882 104.706
202412 0.000 158.323 0.000
202503 93.022 157.552 96.990
202506 0.000 159.755 0.000
202509 62.173 162.289 62.933
202512 0.000 163.281 0.000
202603 51.356 164.272 51.356

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 ₹119.67 mean?
Asian Granito India (NSE:ASIANTILES) has a Cyclically Adjusted Book per Share of ₹119.67 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 Asian Granito India and its competitors.
Is Asian Granito India's Cyclically Adjusted Book per Share too high?
Asian Granito India's current Cyclically Adjusted Book per Share is ₹119.67. Overall, Asian Granito India has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's Cyclically Adjusted Book per Share compare to TT and JCI?
Asian Granito India's Cyclically Adjusted Book per Share of ₹119.67 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 Asian Granito India and its competitors. Asian Granito India's current Cyclically Adjusted Book per Share is ₹119.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.85, compared to a current price of ₹48.84 — trading 53.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹119.67. Asian Granito India's overall GF Score™ is 65/100 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 Asian Granito India (NSE:ASIANTILES), the current Cyclically Adjusted Book per Share is ₹119.67 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 Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹48.84 is trading 53.3% above its estimated GF Value™ of ₹31.85. GuruFocus considers Asian Granito India to be Significantly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • Cyclically Adjusted Book per Share: ₹119.67
  • GF Value™: ₹31.85 vs. price of ₹48.84 (53.3% above fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
65GF Score

Get the complete analysis for NSE:ASIANTILES

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

₹48.84
Price
₹31.85
GF Value