H.G. Infra Engineering (NSE:HGINFRA) Cyclically Adjusted Book per Share: ₹0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HGINFRA H.G. Infra Engineering Ltd NSE:HGINFRA
78 GF Score
Price ₹511.90
GF Value ₹1,082.55
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is H.G. Infra Engineering Cyclically Adjusted Book per Share?

H.G. Infra Engineering NSE:HGINFRA -0.35% 78 Cyclically Adjusted Book per Share is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:HGINFRA with a GF Score™ of 78/100 and a GF Value™ of ₹1,082.55 (Possible Value Trap). The stock has 7 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.

H.G. Infra Engineering's adjusted book value per share for the three months ended in Jun. 2026 was ₹0.000. 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 ₹0.00 for the trailing ten years ended in Jun. 2026.

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 (2026-08-24), H.G. Infra Engineering's current stock price is ₹511.90. H.G. Infra Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹0.00. H.G. Infra Engineering's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of H.G. Infra Engineering was 2.75. The lowest was 2.13. And the median was 2.57.


H.G. Infra Engineering  (NSE:HGINFRA) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of H.G. Infra Engineering was 2.75. The lowest was 2.13. And the median was 2.57.


Be Aware

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


H.G. Infra Engineering Cyclically Adjusted Book per Share Related Terms


H.G. Infra Engineering Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for H.G. Infra Engineering'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.

H.G. Infra Engineering Cyclically Adjusted Book per Share Chart

H.G. Infra Engineering 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 0.00 227.22

H.G. Infra Engineering 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 0.00 0.00 0.00 227.22 0.00

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

For the Engineering & Construction subindustry, H.G. Infra Engineering'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.


H.G. Infra Engineering Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, H.G. Infra Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where H.G. Infra Engineering's Cyclically Adjusted PB Ratio falls into.


NSE:HGINFRA
78GF Score
H.G. Infra Engineering Ltd NSE:HGINFRA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H.G. Infra Engineering 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, H.G. Infra Engineering'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

H.G. Infra Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201503 12.956 97.163 22.316
201603 18.838 102.518 30.752
201703 27.027 105.196 42.998
201706 0.000 107.109 0.000
201709 31.481 109.021 48.326
201712 0.000 109.404 0.000
201803 82.991 109.786 126.511
201806 0.000 111.317 0.000
201809 90.555 115.142 131.621
201812 0.000 115.142 0.000
201903 101.729 118.202 144.034
201906 0.000 120.880 0.000
201909 113.100 123.175 153.668
201912 0.000 126.235 0.000
202003 126.784 124.705 170.147
202006 0.000 127.000 0.000
202009 135.697 130.118 174.533
202012 0.000 130.889 0.000
202103 163.043 131.771 207.075
202106 0.000 134.084 0.000
202109 189.146 135.847 233.019
202112 0.000 138.161 0.000
202203 220.340 138.822 265.632
202206 0.000 142.347 0.000
202209 248.569 144.661 287.568
202212 0.000 145.763 0.000
202303 294.897 146.865 336.045
202306 0.000 150.280 0.000
202309 331.401 151.492 366.108
202312 0.000 152.924 0.000
202403 376.706 153.035 411.963
202406 0.000 155.789 0.000
202409 412.793 157.882 437.566
202412 0.000 158.323 0.000
202503 452.604 157.552 480.773
202506 0.000 159.755 0.000
202509 473.684 162.289 488.477
202512 0.000 163.281 0.000
202603 500.991 164.272 510.399
202606 0.000 167.357 0.000

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 ₹0.00 mean?
H.G. Infra Engineering (NSE:HGINFRA) has a Cyclically Adjusted Book per Share of ₹0.00 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 H.G. Infra Engineering and its competitors.
Is H.G. Infra Engineering's Cyclically Adjusted Book per Share too high?
H.G. Infra Engineering's current Cyclically Adjusted Book per Share is ₹0.00. Overall, H.G. Infra Engineering has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does H.G. Infra Engineering's Cyclically Adjusted Book per Share compare to PWR and FIX?
H.G. Infra Engineering's Cyclically Adjusted Book per Share of ₹0.00 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 H.G. Infra Engineering and its competitors. H.G. Infra Engineering's current Cyclically Adjusted Book per Share is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.G. Infra Engineering stock overvalued right now?
Based on GuruFocus' analysis, H.G. Infra Engineering (NSE:HGINFRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,082.55, compared to a current price of ₹511.90 — trading 52.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹0.00. H.G. Infra Engineering's overall GF Score™ is 78/100 with 7 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 H.G. Infra Engineering (NSE:HGINFRA), the current Cyclically Adjusted Book per Share is ₹0.00 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 H.G. Infra Engineering (NSE:HGINFRA) Overvalued in 2026?

Based on GuruFocus' analysis, H.G. Infra Engineering stock appears to be undervalued. The current stock price of ₹511.90 is trading 52.7% below its estimated GF Value™ of ₹1,082.55. GuruFocus considers H.G. Infra Engineering to be Possible Value Trap.

Key valuation signals for NSE:HGINFRA:

  • Cyclically Adjusted Book per Share: ₹0.00
  • GF Value™: ₹1,082.55 vs. price of ₹511.90 (52.7% below fair value)
  • GF Score™: 78/100 with 7 warning signs

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


H.G. Infra Engineering Business Description

Other Exchanges 541019:India
Address A-1, Tilak Marg, C-Scheme, IIIrd Floor, Sheel Mohar Plaza, C-Scheme, Jaipur, RJ, IND, 302 001
H.G. Infra Engineering Ltd is engaged in Engineering, Procurement and Construction (EPC), Maintenance of roads, bridges, flyovers and other infrastructure contract works. Geographically, it operates only in India. It has one reportable segment of engineering, procurement and construction contracts (EPC). The company executes civil construction projects, like extension and grading of runways, railways and land development as well as water pipeline projects.
78GF Score

Get the complete analysis for NSE:HGINFRA

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

₹511.90
Price
₹1,082.55
GF Value