Brightcom Group (NSE:BCG) Cyclically Adjusted Book per Share: ₹38.43 (As of Mar. 2026)


NSE:BCG Brightcom Group Ltd NSE:BCG
82 GF Score
Price ₹9.69
GF Value ₹15.38
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Brightcom Group Cyclically Adjusted Book per Share?

Brightcom Group NSE:BCG -1.60% 82 Cyclically Adjusted Book per Share is ₹38.43 as of Mar. 2026. GuruFocus rates NSE:BCG with a GF Score™ of 82/100 and a GF Value™ of ₹15.38 (Possible Value Trap). The stock has 5 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.

Brightcom Group's adjusted book value per share for the three months ended in Mar. 2026 was ₹52.370. 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 ₹38.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Brightcom Group's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Brightcom Group was 7.80% per year. The lowest was 4.10% per year. And the median was 5.95% per year.

As of today (2026-07-07), Brightcom Group's current stock price is ₹9.69. Brightcom Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹38.43. Brightcom Group's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brightcom Group was 3.43. The lowest was 0.23. And the median was 0.38.


Brightcom Group  (NSE:BCG) 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.

Brightcom Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.69/38.43
=0.25

* 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 Brightcom Group was 3.43. The lowest was 0.23. And the median was 0.38.


Be Aware

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


Brightcom Group Cyclically Adjusted Book per Share Related Terms


Brightcom Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Brightcom Group'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.

Brightcom Group Cyclically Adjusted Book per Share Chart

Brightcom Group 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 30.60 30.58 31.07 34.01 38.43

Brightcom Group 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 34.01 0.00 36.41 0.00 38.43

NSE:BCG vs APP, OMC, TTD: Cyclically Adjusted Book per Share Comparison

For the Advertising Agencies subindustry, Brightcom Group'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.


Brightcom Group Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightcom Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:BCG
82GF Score
Brightcom Group Ltd NSE:BCG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brightcom Group 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, Brightcom Group'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)
=52.37/164.2724*164.2724
=52.370

Current CPI (Mar. 2026) = 164.2724.

Brightcom Group Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 15.803 97.163 26.718
201506 0.000 99.841 0.000
201509 17.722 101.753 28.611
201512 0.000 102.901 0.000
201603 20.479 102.518 32.815
201703 24.275 105.196 37.907
201803 28.474 109.786 42.605
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 30.274 118.202 42.074
201906 0.000 120.880 0.000
201909 32.901 123.175 43.878
201912 0.000 126.235 0.000
202003 28.487 124.705 37.526
202006 0.000 127.000 0.000
202009 28.362 130.118 35.807
202012 0.000 130.889 0.000
202103 30.821 131.771 38.423
202106 0.000 134.084 0.000
202109 22.251 135.847 26.907
202112 0.000 138.161 0.000
202203 26.237 138.822 31.047
202206 0.000 142.347 0.000
202209 30.614 144.661 34.764
202212 0.000 145.763 0.000
202303 34.683 146.865 38.794
202306 0.000 150.280 0.000
202309 38.376 151.492 41.614
202312 0.000 152.924 0.000
202403 38.566 153.035 41.398
202406 0.000 155.789 0.000
202409 40.461 157.882 42.099
202412 0.000 158.323 0.000
202503 43.048 157.552 44.884
202506 0.000 159.755 0.000
202509 46.747 162.289 47.318
202512 0.000 163.281 0.000
202603 52.370 164.272 52.370

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 ₹38.43 mean?
Brightcom Group (NSE:BCG) has a Cyclically Adjusted Book per Share of ₹38.43 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 Brightcom Group and its competitors.
Is Brightcom Group's Cyclically Adjusted Book per Share too high?
Brightcom Group's current Cyclically Adjusted Book per Share is ₹38.43. Overall, Brightcom Group has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brightcom Group's Cyclically Adjusted Book per Share compare to APP and OMC?
Brightcom Group's Cyclically Adjusted Book per Share of ₹38.43 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Brightcom Group and its competitors. Brightcom Group's current Cyclically Adjusted Book per Share is ₹38.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightcom Group stock overvalued right now?
Based on GuruFocus' analysis, Brightcom Group (NSE:BCG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹15.38, compared to a current price of ₹9.69 — trading 37% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹38.43. Brightcom Group's overall GF Score™ is 82/100 with 5 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 Brightcom Group (NSE:BCG), the current Cyclically Adjusted Book per Share is ₹38.43 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 Brightcom Group (NSE:BCG) Overvalued in 2026?

Based on GuruFocus' analysis, Brightcom Group stock appears to be undervalued. The current stock price of ₹9.69 is trading 37% below its estimated GF Value™ of ₹15.38. GuruFocus considers Brightcom Group to be Possible Value Trap.

Key valuation signals for NSE:BCG:

  • Cyclically Adjusted Book per Share: ₹38.43
  • GF Value™: ₹15.38 vs. price of ₹9.69 (37% below fair value)
  • GF Score™: 82/100 with 5 warning signs

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


Brightcom Group Business Description

Other Exchanges 532368:India
Address Raj Bhavan Road, Somajiguda, 6-3-1086/VGT/101/B, Vista Grand Towers, 1st Floor, Hyderabad, TG, IND, 500032
Brightcom Group Ltd is an Indian service company engaged in providing digital marketing services and developing computer software and services both locally and internationally. The company operates through two segments: Digital Marketing and Software Development. Brightcom provides digital marketing solutions to businesses, agencies, and online publishers internationally. Additionally, it offers enterprise solutions, specializing in enterprise resource planning (ERP), Microsoft, and open-source system development. The company generates revenue from the sale of domestic services, export services, and software exports, with the majority of its revenue coming from the Digital Marketing segment, mainly through the sale of service exports.
82GF Score

Get the complete analysis for NSE:BCG

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

₹9.69
Price
₹15.38
GF Value