GE Power India (NSE:GVPIL) Cyclically Adjusted Book per Share: ₹140.68 (As of Mar. 2026)


NSE:GVPIL GE Power India Ltd NSE:GVPIL
55 GF Score
Price ₹820.35
GF Value ₹343.40
Valuation Significantly Overvalued
! 2 Warning Signs
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What is GE Power India Cyclically Adjusted Book per Share?

GE Power India NSE:GVPIL -4.69% 55 Cyclically Adjusted Book per Share is ₹140.68 as of Mar. 2026. GuruFocus rates NSE:GVPIL with a GF Score™ of 55/100 and a GF Value™ of ₹343.40 (Significantly Overvalued). 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.

GE Power India's adjusted book value per share for the three months ended in Mar. 2026 was ₹86.653. 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 ₹140.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GE Power India's average Cyclically Adjusted Book Growth Rate was -3.20% 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.

As of today (2026-07-12), GE Power India's current stock price is ₹820.35. GE Power India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹140.68. GE Power India's Cyclically Adjusted PB Ratio of today is 5.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GE Power India was 7.53. The lowest was 1.50. And the median was 2.48.


GE Power India  (NSE:GVPIL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=820.35/140.68
=5.83

* 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 GE Power India was 7.53. The lowest was 1.50. And the median was 2.48.


Be Aware

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


GE Power India Cyclically Adjusted Book per Share Related Terms


GE Power India Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GE Power 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.

GE Power India Cyclically Adjusted Book per Share Chart

GE Power 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 0.00 144.91 140.68

GE Power 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 144.91 0.00 144.19 0.00 140.68

NSE:GVPIL vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, GE Power 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.


GE Power India Cyclically Adjusted PB Ratio vs Construction Industry

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

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


NSE:GVPIL
55GF Score
GE Power India Ltd NSE:GVPIL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GE Power 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, GE Power 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)
=86.653/164.2724*164.2724
=86.653

Current CPI (Mar. 2026) = 164.2724.

GE Power India Quarterly Data

Book Value per Share CPI Adj_Book
201103 87.621 70.768 203.392
201203 103.530 76.889 221.191
201303 119.324 85.687 228.759
201403 138.404 91.425 248.685
201503 143.533 97.163 242.670
201603 122.784 102.518 196.746
201703 123.074 105.196 192.190
201803 123.206 109.786 184.352
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 131.185 118.202 182.315
201906 0.000 120.880 0.000
201909 119.174 123.175 158.936
201912 0.000 126.235 0.000
202003 136.360 124.705 179.625
202006 0.000 127.000 0.000
202009 137.007 130.118 172.970
202012 0.000 130.889 0.000
202103 144.531 131.771 180.180
202106 0.000 134.084 0.000
202109 132.118 135.847 159.763
202112 0.000 138.161 0.000
202203 100.528 138.822 118.958
202206 0.000 142.347 0.000
202209 75.000 144.661 85.168
202212 0.000 145.763 0.000
202303 34.587 146.865 38.687
202306 0.000 150.280 0.000
202309 4.995 151.492 5.416
202312 0.000 152.924 0.000
202403 10.235 153.035 10.987
202406 0.000 155.789 0.000
202409 18.664 157.882 19.419
202412 0.000 158.323 0.000
202503 47.097 157.552 49.106
202506 0.000 159.755 0.000
202509 57.477 162.289 58.179
202512 0.000 163.281 0.000
202603 86.653 164.272 86.653

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 ₹140.68 mean?
GE Power India (NSE:GVPIL) has a Cyclically Adjusted Book per Share of ₹140.68 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 GE Power India and its competitors.
Is GE Power India's Cyclically Adjusted Book per Share too high?
GE Power India's current Cyclically Adjusted Book per Share is ₹140.68. Overall, GE Power India has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GE Power India's Cyclically Adjusted Book per Share compare to PWR and FIX?
GE Power India's Cyclically Adjusted Book per Share of ₹140.68 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 GE Power India and its competitors. GE Power India's current Cyclically Adjusted Book per Share is ₹140.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GE Power India stock overvalued right now?
Based on GuruFocus' analysis, GE Power India (NSE:GVPIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹343.40, compared to a current price of ₹820.35 — trading 138.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹140.68. GE Power India's overall GF Score™ is 55/100 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 GE Power India (NSE:GVPIL), the current Cyclically Adjusted Book per Share is ₹140.68 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 GE Power India (NSE:GVPIL) Overvalued in 2026?

Based on GuruFocus' analysis, GE Power India stock appears to be overvalued. The current stock price of ₹820.35 is trading 138.9% above its estimated GF Value™ of ₹343.40. GuruFocus considers GE Power India to be Significantly Overvalued.

Key valuation signals for NSE:GVPIL:

  • Cyclically Adjusted Book per Share: ₹140.68
  • GF Value™: ₹343.40 vs. price of ₹820.35 (138.9% above fair value)
  • GF Score™: 55/100 with 2 warning signs

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


GE Power India Business Description

Other Exchanges 532309:India
Address Axis House, Towers 5 & 6, Plot No. 1-14, Sector 128, Jaypee Wish Town, Noida, UP, IND, 201301
GE Power India Ltd engages in the construction, engineering, procurement, manufacturing, and servicing of power plants and equipment in India. The company generates the majority of revenue domestically. The company offers products including supercritical and ultra-supercritical boilers, high pressure and beater mills, environmental control systems, automation systems, and gas power systems. Hydro and thermal solutions are also offered, including steam turbine retrofitting.
55GF Score

Get the complete analysis for NSE:GVPIL

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

₹820.35
Price
₹343.40
GF Value