Bata India (BOM:500043) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

BOM:500043 Bata India Ltd BOM:500043
75 GF Score
Price ₹755.45
GF Value ₹1,328.42
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Bata India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bata India  (BOM:500043) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bata India Cyclically Adjusted PB Ratio Related Terms


Bata India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bata India's Cyclically Adjusted PB Ratio 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.

Bata India Cyclically Adjusted PB Ratio Chart

Bata India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 9.87 4.35

Bata India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 8.78 0.00 4.35 0.00

BOM:500043 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Bata 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.


Bata India Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:500043
75GF Score
Bata India Ltd BOM:500043
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bata India Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bata India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bata India'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.

Bata India Quarterly Data

Book Value per Share CPI Adj_Book
201112 44.546 75.359 98.928
201212 54.388 83.774 108.652
201312 65.346 91.425 119.619
201503 82.081 97.163 141.380
201603 94.993 102.518 155.073
201703 103.038 105.196 163.924
201803 114.737 109.786 174.904
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 135.523 118.202 191.881
201906 0.000 120.880 0.000
201909 134.115 123.175 182.221
201912 0.000 126.235 0.000
202003 147.355 124.705 197.754
202006 0.000 127.000 0.000
202009 132.181 130.118 170.011
202012 0.000 130.889 0.000
202103 136.787 131.771 173.729
202106 0.000 134.084 0.000
202109 130.589 135.847 160.880
202112 0.000 138.161 0.000
202203 141.187 138.822 170.209
202206 0.000 142.347 0.000
202209 100.183 144.661 115.901
202212 0.000 145.763 0.000
202303 111.899 146.865 127.513
202306 0.000 150.280 0.000
202309 109.166 151.492 120.599
202312 0.000 152.924 0.000
202403 118.798 153.035 129.917
202406 0.000 155.789 0.000
202409 114.316 157.882 121.177
202412 0.000 158.323 0.000
202503 122.539 157.552 130.166
202506 0.000 159.755 0.000
202509 118.623 162.289 122.327
202512 0.000 163.281 0.000
202603 124.144 164.272 126.475
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.

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.

Is Bata India (BOM:500043) Overvalued in 2026?

Based on GuruFocus' analysis, Bata India stock appears to be undervalued. The current stock price of ₹755.45 is trading 43.1% below its estimated GF Value™ of ₹1,328.42. GuruFocus considers Bata India to be Significantly Undervalued.

Key valuation signals for BOM:500043:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,328.42 vs. price of ₹755.45 (43.1% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the BOM:500043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bata India Business Description

Other Exchanges BATAINDIA:India
Address 418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable segment which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its retail stores and e-commerce channels. Bata generates all its sales in India, mostly from footwear.
75GF Score

Get the complete analysis for BOM:500043

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

₹755.45
Price
₹1,328.42
GF Value