Gujarat Pipavav Port (NSE:GPPL) Cyclically Adjusted Book per Share: ₹57.81 (As of Mar. 2026)


NSE:GPPL Gujarat Pipavav Port Ltd NSE:GPPL
93 GF Score
Price ₹151.10
GF Value ₹191.98
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Gujarat Pipavav Port Cyclically Adjusted Book per Share?

Gujarat Pipavav Port NSE:GPPL -0.59% 93 Cyclically Adjusted Book per Share is ₹57.81 as of Mar. 2026. GuruFocus rates NSE:GPPL with a GF Score™ of 93/100 and a GF Value™ of ₹191.98 (Modestly Undervalued). The stock has 1 warning sign 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.

Gujarat Pipavav Port's adjusted book value per share for the three months ended in Mar. 2026 was ₹49.405. 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 ₹57.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gujarat Pipavav Port's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Gujarat Pipavav Port was 4.50% per year. The lowest was 3.10% per year. And the median was 3.80% per year.

As of today (2026-07-01), Gujarat Pipavav Port's current stock price is ₹151.10. Gujarat Pipavav Port's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹57.81. Gujarat Pipavav Port's Cyclically Adjusted PB Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gujarat Pipavav Port was 4.02. The lowest was 1.49. And the median was 2.56.


Gujarat Pipavav Port  (NSE:GPPL) 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.

Gujarat Pipavav Port's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=151.10/57.81
=2.61

* 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 Gujarat Pipavav Port was 4.02. The lowest was 1.49. And the median was 2.56.


Be Aware

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


Gujarat Pipavav Port Cyclically Adjusted Book per Share Related Terms


Gujarat Pipavav Port Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Gujarat Pipavav Port'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.

Gujarat Pipavav Port Cyclically Adjusted Book per Share Chart

Gujarat Pipavav Port 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 48.78 52.81 54.17 55.88 57.81

Gujarat Pipavav Port 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 55.88 0.00 57.43 0.00 57.81

Gujarat Pipavav Port Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Gujarat Pipavav Port'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.


Gujarat Pipavav Port Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Gujarat Pipavav Port's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:GPPL
93GF Score
Gujarat Pipavav Port Ltd NSE:GPPL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Pipavav Port 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, Gujarat Pipavav Port'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)
=49.405/164.2724*164.2724
=49.405

Current CPI (Mar. 2026) = 164.2724.

Gujarat Pipavav Port Quarterly Data

Book Value per Share CPI Adj_Book
201503 38.475 97.163 65.049
201506 0.000 99.841 0.000
201509 39.805 101.753 64.262
201512 0.000 102.901 0.000
201603 43.172 102.518 69.178
201606 0.000 105.961 0.000
201703 44.314 105.196 69.200
201803 44.668 109.786 66.836
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 45.454 118.202 63.170
201906 0.000 120.880 0.000
201909 45.987 123.175 61.331
201912 0.000 126.235 0.000
202003 47.333 124.705 62.351
202006 0.000 127.000 0.000
202009 45.847 130.118 57.881
202012 0.000 130.889 0.000
202103 46.318 131.771 57.743
202106 0.000 134.084 0.000
202109 45.531 135.847 55.058
202112 0.000 138.161 0.000
202203 46.407 138.822 54.915
202206 0.000 142.347 0.000
202209 46.723 144.661 53.057
202212 0.000 145.763 0.000
202303 47.798 146.865 53.463
202306 0.000 150.280 0.000
202309 47.698 151.492 51.722
202312 0.000 152.924 0.000
202403 47.851 153.035 51.365
202406 0.000 155.789 0.000
202409 47.967 157.882 49.908
202412 0.000 158.323 0.000
202503 48.345 157.552 50.407
202506 0.000 159.755 0.000
202509 49.614 162.289 50.220
202512 0.000 163.281 0.000
202603 49.405 164.272 49.405

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 ₹57.81 mean?
Gujarat Pipavav Port (NSE:GPPL) has a Cyclically Adjusted Book per Share of ₹57.81 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 Gujarat Pipavav Port and its competitors.
Is Gujarat Pipavav Port's Cyclically Adjusted Book per Share too high?
Gujarat Pipavav Port's current Cyclically Adjusted Book per Share is ₹57.81. Overall, Gujarat Pipavav Port has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Pipavav Port's Cyclically Adjusted Book per Share compare to competitors?
Gujarat Pipavav Port's Cyclically Adjusted Book per Share of ₹57.81 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Gujarat Pipavav Port and its competitors. Gujarat Pipavav Port's current Cyclically Adjusted Book per Share is ₹57.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Pipavav Port stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Pipavav Port (NSE:GPPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹191.98, compared to a current price of ₹151.10 — trading 21.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹57.81. Gujarat Pipavav Port's overall GF Score™ is 93/100 with 1 warning sign 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 Gujarat Pipavav Port (NSE:GPPL), the current Cyclically Adjusted Book per Share is ₹57.81 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 Gujarat Pipavav Port (NSE:GPPL) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Pipavav Port stock appears to be undervalued. The current stock price of ₹151.10 is trading 21.3% below its estimated GF Value™ of ₹191.98. GuruFocus considers Gujarat Pipavav Port to be Modestly Undervalued.

Key valuation signals for NSE:GPPL:

  • Cyclically Adjusted Book per Share: ₹57.81
  • GF Value™: ₹191.98 vs. price of ₹151.10 (21.3% below fair value)
  • GF Score™: 93/100 with 1 warning sign

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


Gujarat Pipavav Port Business Description

Other Exchanges 533248:India
Address 504, Godrej Two Pirojshanagar, 5th Floor, Vikhroli East, Mumbai, MH, IND, 400079
Gujarat Pipavav Port Ltd is a terminal port operator. The company constructs, maintains, and operates a terminal port at Pipavav in Gujarat, India. The firm's port facilitates imports and exports of dry bulk cargo, namely coal and fertilizer, liquid cargo, including liquid petroleum gas, and roll-on/roll-off cargo, principally passenger vehicles. The company also provides material handling services, cargo storage, and warehousing services. It operates only in one Business Segment, i.e., 'Port Services'. The company generates revenue domestically.
93GF Score

Get the complete analysis for NSE:GPPL

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

₹151.10
Price
₹191.98
GF Value