Kalpataru Projects International (NSE:KPIL) Cyclically Adjusted Book per Share: ₹304.42 (As of Mar. 2026)


NSE:KPIL Kalpataru Projects International Ltd NSE:KPIL
90 GF Score
Price ₹1,380.40
GF Value ₹1,335.54
Valuation Fairly Valued
! 7 Warning Signs
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What is Kalpataru Projects International Cyclically Adjusted Book per Share?

Kalpataru Projects International NSE:KPIL -0.26% 90 Cyclically Adjusted Book per Share is ₹304.42 as of Mar. 2026. GuruFocus rates NSE:KPIL with a GF Score™ of 90/100 and a GF Value™ of ₹1,335.54 (Fairly Valued). 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.

Kalpataru Projects International's adjusted book value per share for the three months ended in Mar. 2026 was ₹455.374. 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 ₹304.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kalpataru Projects International's average Cyclically Adjusted Book Growth Rate was 15.50% 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 (2026-07-07), Kalpataru Projects International's current stock price is ₹1380.40. Kalpataru Projects International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹304.42. Kalpataru Projects International's Cyclically Adjusted PB Ratio of today is 4.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kalpataru Projects International was 5.56. The lowest was 3.41. And the median was 4.37.


Kalpataru Projects International  (NSE:KPIL) 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.

Kalpataru Projects International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1380.40/304.42
=4.53

* 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 Kalpataru Projects International was 5.56. The lowest was 3.41. And the median was 4.37.


Be Aware

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


Kalpataru Projects International Cyclically Adjusted Book per Share Related Terms


Kalpataru Projects International Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kalpataru Projects International'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.

Kalpataru Projects International Cyclically Adjusted Book per Share Chart

Kalpataru Projects International 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 0.00 263.49 304.42

Kalpataru Projects International 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 263.49 0.00 285.41 0.00 304.42

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

For the Engineering & Construction subindustry, Kalpataru Projects International'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.


Kalpataru Projects International Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kalpataru Projects International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kalpataru Projects International's Cyclically Adjusted PB Ratio falls into.


NSE:KPIL
90GF Score
Kalpataru Projects International Ltd NSE:KPIL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalpataru Projects International 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, Kalpataru Projects International'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)
=455.374/164.2724*164.2724
=455.374

Current CPI (Mar. 2026) = 164.2724.

Kalpataru Projects International Quarterly Data

Book Value per Share CPI Adj_Book
201103 107.194 70.768 248.827
201203 120.643 76.889 257.753
201303 126.890 85.687 243.264
201403 136.786 91.425 245.777
201503 142.548 97.163 241.005
201603 146.440 102.518 234.651
201703 157.829 105.196 246.463
201803 174.208 109.786 260.666
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 203.274 118.202 282.502
201906 0.000 120.880 0.000
201909 211.680 123.175 282.307
201912 0.000 126.235 0.000
202003 217.071 124.705 285.945
202006 0.000 127.000 0.000
202009 233.297 130.118 294.535
202012 0.000 130.889 0.000
202103 251.059 131.771 312.984
202106 0.000 134.084 0.000
202109 261.032 135.847 315.652
202112 0.000 138.161 0.000
202203 287.328 138.822 340.005
202206 0.000 142.347 0.000
202209 283.797 144.661 322.271
202212 0.000 145.763 0.000
202303 290.596 146.865 325.040
202306 0.000 150.280 0.000
202309 297.576 151.492 322.681
202312 0.000 152.924 0.000
202403 316.289 153.035 339.515
202406 0.000 155.789 0.000
202409 319.725 157.882 332.666
202412 0.000 158.323 0.000
202503 381.403 157.552 397.673
202506 0.000 159.755 0.000
202509 407.679 162.289 412.661
202512 0.000 163.281 0.000
202603 455.374 164.272 455.374

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 ₹304.42 mean?
Kalpataru Projects International (NSE:KPIL) has a Cyclically Adjusted Book per Share of ₹304.42 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 Kalpataru Projects International and its competitors.
Is Kalpataru Projects International's Cyclically Adjusted Book per Share too high?
Kalpataru Projects International's current Cyclically Adjusted Book per Share is ₹304.42. Overall, Kalpataru Projects International has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kalpataru Projects International's Cyclically Adjusted Book per Share compare to PWR and FIX?
Kalpataru Projects International's Cyclically Adjusted Book per Share of ₹304.42 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 Kalpataru Projects International and its competitors. Kalpataru Projects International's current Cyclically Adjusted Book per Share is ₹304.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalpataru Projects International stock overvalued right now?
Based on GuruFocus' analysis, Kalpataru Projects International (NSE:KPIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,335.54, compared to a current price of ₹1,380.40 — trading 3.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹304.42. Kalpataru Projects International's overall GF Score™ is 90/100 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 Kalpataru Projects International (NSE:KPIL), the current Cyclically Adjusted Book per Share is ₹304.42 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 Kalpataru Projects International (NSE:KPIL) Overvalued in 2026?

Based on GuruFocus' analysis, Kalpataru Projects International stock appears to be overvalued. The current stock price of ₹1,380.40 is trading 3.4% above its estimated GF Value™ of ₹1,335.54. GuruFocus considers Kalpataru Projects International to be Fairly Valued.

Key valuation signals for NSE:KPIL:

  • Cyclically Adjusted Book per Share: ₹304.42
  • GF Value™: ₹1,335.54 vs. price of ₹1,380.40 (3.4% above fair value)
  • GF Score™: 90/100 with 7 warning signs

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


Kalpataru Projects International Business Description

Other Exchanges 522287:India
Address Kalpataru Synergy, 7th Floor, Opposite Grand Hyatt Hotel, Vakola, Santa Cruz (East), Mumbai, MH, IND, 400055
Kalpataru Projects International Ltd is a construction company headquartered in India, with activities in the power transmission and infrastructure space. Kalpataru is organized into two operating units: Engineering, Procurement and Construction, or EPC, and Developmental Project businesses. In its EPC business, Kalpataru undertakes infrastructure projects, including power transmission and distribution, civil construction, and the placement of oil and gas pipelines. The EPC operating unit generates the majority of the company's revenue. The firm's developmental project business consists of developing, operating, and maintaining infrastructure projects.
90GF Score

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

₹1,380.40
Price
₹1,335.54
GF Value