BPL (BOM:500074) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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:500074 BPL Ltd BOM:500074
54 GF Score
Price ₹44.80
GF Value ₹97.66
Valuation Possible Value Trap
! 5 Warning Signs
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What is BPL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BPL  (BOM:500074) 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.


BPL Cyclically Adjusted PB Ratio Related Terms


BPL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BPL'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.

BPL Cyclically Adjusted PB Ratio Chart

BPL 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 1.41 1.12 1.80 1.29 0.61

BPL 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 1.62 1.28 0.97 0.60 0.84

BOM:500074 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, BPL'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.


BPL Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, BPL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:500074
54GF Score
BPL Ltd BOM:500074
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BPL 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.

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

For example, BPL'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)
=75.92/167.3573*167.3573
=75.920

Current CPI (Jun. 2026) = 167.3573.

BPL Quarterly Data

Book Value per Share CPI Adj_Book
201609 60.206 105.961 95.091
201612 105.196 0.000
201703 32.216 105.196 51.253
201706 107.109 0.000
201709 28.530 109.021 43.796
201712 109.404 0.000
201803 33.723 109.786 51.407
201806 111.317 0.000
201809 34.332 115.142 49.901
201812 115.142 0.000
201903 33.915 118.202 48.019
201906 120.880 0.000
201909 33.025 123.175 44.871
201912 126.235 0.000
202003 34.731 124.705 46.610
202006 127.000 0.000
202009 34.474 130.118 44.340
202012 130.889 0.000
202103 30.428 131.771 38.646
202106 134.084 0.000
202109 30.722 135.847 37.848
202112 138.161 0.000
202203 61.531 138.822 74.179
202206 142.347 0.000
202209 62.050 144.661 71.785
202212 62.187 145.763 71.400
202303 75.705 146.865 86.268
202306 150.280 0.000
202309 78.223 151.492 86.415
202312 152.924 0.000
202403 78.410 153.035 85.749
202406 155.789 0.000
202409 81.971 157.882 86.890
202412 158.323 0.000
202503 78.374 157.552 83.252
202506 78.932 159.755 82.688
202509 162.289 0.000
202512 78.929 163.281 80.900
202603 76.643 164.272 78.082
202606 75.920 167.357 75.920

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 BPL (BOM:500074) Overvalued in 2026?

Based on GuruFocus' analysis, BPL stock appears to be undervalued. The current stock price of ₹44.80 is trading 54.1% below its estimated GF Value™ of ₹97.66. GuruFocus considers BPL to be Possible Value Trap.

Key valuation signals for BOM:500074:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹97.66 vs. price of ₹44.80 (54.1% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the BOM:500074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BPL Business Description

Other Exchanges BPL:India
Address No. 64, Church Street, Post Box No. 5194, Dynamic House, Bengaluru, KA, IND, 560 001
BPL Ltd manufactures and distributes electronic products. The company's product includes televisions, Washing Machines, Refrigerators, Microwave Ovens, Fans, Air Conditioners, Dishwashers, and Audio products. The company is engaged in the manufacture of unpopulated Printed Circuit Boards (PCBs), which constitute its single reportable segment. It generates revenues from the sales of manufactured products, traded products, and brand licensing fees.
54GF Score

Get the complete analysis for BOM:500074

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

₹44.80
Price
₹97.66
GF Value