Whirlpool of India (BOM:500238) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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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:500238 Whirlpool of India Ltd BOM:500238
77 GF Score
Price ₹719.35
GF Value ₹1,513.40
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Whirlpool of India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Whirlpool of India  (BOM:500238) 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.


Whirlpool of India Cyclically Adjusted PB Ratio Related Terms


Whirlpool of India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Whirlpool of 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.

Whirlpool of India Cyclically Adjusted PB Ratio Chart

Whirlpool of 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 9.46 6.69 5.40 3.94 2.82

Whirlpool of 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 5.58 4.49 3.37 2.84 2.87

BOM:500238 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool of 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.


Whirlpool of India Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:500238
77GF Score
Whirlpool of India Ltd BOM:500238
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whirlpool of 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.

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

For example, Whirlpool of 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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Whirlpool of India Quarterly Data

Book Value per Share CPI Adj_Book
201609 106.321 105.961 167.926
201612 105.196 0.000
201703 116.894 105.196 185.968
201706 107.109 0.000
201709 129.797 109.021 199.250
201712 109.404 0.000
201803 141.587 109.786 215.834
201806 111.317 0.000
201809 115.142 0.000
201812 115.142 0.000
201903 168.822 118.202 239.028
201906 120.880 0.000
201909 188.744 123.175 256.446
201912 126.235 0.000
202003 201.739 124.705 270.739
202006 127.000 0.000
202009 209.201 130.118 269.074
202012 130.889 0.000
202103 224.937 131.771 285.685
202106 134.084 0.000
202109 266.209 135.847 327.957
202112 138.161 0.000
202203 275.570 138.822 332.215
202206 142.347 0.000
202209 281.826 144.661 326.042
202212 145.763 0.000
202303 288.754 146.865 329.045
202306 150.280 0.000
202309 293.787 151.492 324.554
202312 152.924 0.000
202403 302.588 153.035 330.908
202406 155.789 0.000
202409 301.293 157.882 319.375
202412 158.323 0.000
202503 314.167 157.552 333.720
202506 159.755 0.000
202509 324.758 162.289 334.900
202512 163.281 0.000
202603 327.587 164.272 333.739
202606 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 Whirlpool of India (BOM:500238) Overvalued in 2026?

Based on GuruFocus' analysis, Whirlpool of India stock appears to be undervalued. The current stock price of ₹719.35 is trading 52.5% below its estimated GF Value™ of ₹1,513.40. GuruFocus considers Whirlpool of India to be Significantly Undervalued.

Key valuation signals for BOM:500238:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,513.40 vs. price of ₹719.35 (52.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the BOM:500238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Whirlpool of India Business Description

Other Exchanges WHIRLPOOL:India
Address Plot No. 40, Sector-44, Whirlpool House, Gurugram, HR, IND, 122002
Whirlpool of India Ltd is an India-based company that is principally engaged in producing and selling home appliances. Its products consist of refrigerators, washing machines, air conditioners, water purifiers, microwave ovens, small domestic appliances, built-in appliances, and others. The company's operations predominantly comprise only one segment i.e. Home Appliances. The company also offers services to customers. It generates the majority of its revenue from the Indian domestic market, with the rest from overseas markets.
77GF Score

Get the complete analysis for BOM:500238

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

₹719.35
Price
₹1,513.40
GF Value