K G Denim (BOM:500239) Cyclically Adjusted PB Ratio: (As of Aug. 26, 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:500239 K G Denim Ltd BOM:500239
37 GF Score
Price ₹14.79
GF Value ₹5.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is K G Denim Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


K G Denim  (BOM:500239) 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.


K G Denim Cyclically Adjusted PB Ratio Related Terms


K G Denim Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for K G Denim'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.

K G Denim Cyclically Adjusted PB Ratio Chart

K G Denim 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 0.00 0.41

K G Denim 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 0.59 0.00 0.41 0.00

BOM:500239 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, K G Denim'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.


K G Denim Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:500239
37GF Score
K G Denim Ltd BOM:500239
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K G Denim 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.

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

For example, K G Denim'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.

K G Denim Quarterly Data

Book Value per Share CPI Adj_Book
201203 17.658 76.889 38.435
201303 22.964 85.687 44.852
201403 24.719 91.425 45.249
201503 22.270 97.163 38.359
201603 30.226 102.518 49.343
201703 36.796 105.196 58.539
201803 36.373 109.786 55.447
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 38.624 118.202 54.686
201906 0.000 120.880 0.000
201909 33.304 123.175 45.250
201912 0.000 126.235 0.000
202003 31.823 124.705 42.707
202006 0.000 127.000 0.000
202009 28.766 130.118 36.999
202012 0.000 130.889 0.000
202103 29.797 131.771 37.844
202106 0.000 134.084 0.000
202109 29.230 135.847 36.010
202112 0.000 138.161 0.000
202203 28.606 138.822 34.486
202206 0.000 142.347 0.000
202209 25.727 144.661 29.763
202212 0.000 145.763 0.000
202303 18.105 146.865 20.631
202306 0.000 150.280 0.000
202309 12.439 151.492 13.742
202312 0.000 152.924 0.000
202403 8.924 153.035 9.759
202406 0.000 155.789 0.000
202409 3.179 157.882 3.370
202412 0.000 158.323 0.000
202503 -3.279 157.552 -3.483
202506 0.000 159.755 0.000
202509 -3.826 162.289 -3.945
202512 0.000 163.281 0.000
202603 -3.904 164.272 -3.977
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 K G Denim (BOM:500239) Overvalued in 2026?

Based on GuruFocus' analysis, K G Denim stock appears to be overvalued. The current stock price of ₹14.79 is trading 190% above its estimated GF Value™ of ₹5.10. GuruFocus considers K G Denim to be Significantly Overvalued.

Key valuation signals for BOM:500239:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹5.10 vs. price of ₹14.79 (190% above fair value)
  • GF Score™: 37/100 with 7 warning signs

No single metric tells the full story. See the BOM:500239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K G Denim Business Description

Address Then Thirumalai, Jadayampalayam, Coimbatore, TN, IND, 641302
K G Denim Ltd is a denim and apparel fabric manufacturer, which caters to fashion brands and retailers across the world. The company offers various products, such as denim fabric, apparel fabrics, home textiles, and others. The business of the company operates in segments that include Textile, Power, and Garment. The Textile segment generates maximum revenue for the company. It offers products such as a blend of cotton and natural fibers, such as wool, linen, and fiber blend, jeans, shorts, jackets, cargo, ladies' trousers, wrinkle-free pants, and other products. It operates in domestic as well as international markets.
37GF Score

Get the complete analysis for BOM:500239

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

₹14.79
Price
₹5.10
GF Value