Nirlon (BOM:500307) Cyclically Adjusted PB Ratio: (As of Sep. 03, 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:500307 Nirlon Ltd BOM:500307
66 GF Score
Price ₹649.35
GF Value ₹522.12
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nirlon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nirlon  (BOM:500307) 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.


Nirlon Cyclically Adjusted PB Ratio Related Terms


Nirlon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nirlon'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.

Nirlon Cyclically Adjusted PB Ratio Chart

Nirlon 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 2.63 2.90 4.11 6.22 6.68

Nirlon 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 6.26 0.00 6.68 0.00

BOM:500307 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Nirlon'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.


Nirlon Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirlon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:500307
66GF Score
Nirlon Ltd BOM:500307
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nirlon 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.

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

For example, Nirlon'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.

Nirlon Quarterly Data

Book Value per Share CPI Adj_Book
201609 164.710 105.961 260.147
201612 0.000 105.196 0.000
201703 27.672 105.196 44.024
201706 0.000 107.109 0.000
201709 150.285 109.021 230.701
201712 0.000 109.404 0.000
201803 32.947 109.786 50.224
201806 0.000 111.317 0.000
201809 49.156 115.142 71.448
201812 0.000 115.142 0.000
201903 39.111 118.202 55.376
201906 0.000 120.880 0.000
201909 44.071 123.175 59.879
201912 0.000 126.235 0.000
202003 50.355 124.705 67.578
202006 0.000 127.000 0.000
202009 56.916 130.118 73.205
202012 0.000 130.889 0.000
202103 63.742 131.771 80.957
202106 0.000 134.084 0.000
202109 62.433 135.847 76.915
202112 0.000 138.161 0.000
202203 53.039 138.822 63.941
202206 0.000 142.347 0.000
202209 48.105 144.661 55.652
202212 0.000 145.763 0.000
202303 44.586 146.865 50.807
202306 0.000 150.280 0.000
202309 44.934 151.492 49.640
202312 0.000 152.924 0.000
202403 41.396 153.035 45.270
202406 0.000 155.789 0.000
202409 42.193 157.882 44.725
202412 0.000 158.323 0.000
202503 39.607 157.552 42.072
202506 0.000 159.755 0.000
202509 51.474 162.289 53.081
202512 0.000 163.281 0.000
202603 51.999 164.272 52.975
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 Nirlon (BOM:500307) Overvalued in 2026?

Based on GuruFocus' analysis, Nirlon stock appears to be overvalued. The current stock price of ₹649.35 is trading 24.4% above its estimated GF Value™ of ₹522.12. GuruFocus considers Nirlon to be Modestly Overvalued.

Key valuation signals for BOM:500307:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹522.12 vs. price of ₹649.35 (24.4% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the BOM:500307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nirlon Business Description

Other Exchanges NIRLON:India
Address Off the Western Express Highway, Pahadi Village, Goregaon (East, Mumbai, MH, IND, 400 063
Nirlon Ltd is an India-based real estate company. It is engaged in developing and managing Information Technology Parks, Industrial Park, and Knowledge Parks. Its projects include Nirlon Knowledge Park. The company generates revenues from Licence fees. Geographically, it operates only in India.
66GF Score

Get the complete analysis for BOM:500307

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

₹649.35
Price
₹522.12
GF Value