Surya Roshni (BOM:500336) Cyclically Adjusted PB Ratio: (As of Sep. 08, 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:500336 Surya Roshni Ltd BOM:500336
77 GF Score
Price ₹216.10
GF Value ₹299.18
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Surya Roshni Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Surya Roshni  (BOM:500336) 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.


Surya Roshni Cyclically Adjusted PB Ratio Related Terms


Surya Roshni Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Surya Roshni'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.

Surya Roshni Cyclically Adjusted PB Ratio Chart

Surya Roshni 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 1.64 2.43 3.50 3.07 2.14

Surya Roshni 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 3.42 0.00 2.14 0.00

BOM:500336 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Surya Roshni'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.


Surya Roshni Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Surya Roshni's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:500336
77GF Score
Surya Roshni Ltd BOM:500336
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surya Roshni 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.

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

For example, Surya Roshni'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.

Surya Roshni Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.602 105.961 64.128
201612 0.000 105.196 0.000
201703 54.238 105.196 86.288
201706 0.000 107.109 0.000
201709 44.414 109.021 68.179
201712 0.000 109.404 0.000
201803 48.123 109.786 73.358
201806 0.000 111.317 0.000
201809 49.535 115.142 71.998
201812 0.000 115.142 0.000
201903 52.926 118.202 74.936
201906 0.000 120.880 0.000
201909 54.171 123.175 73.602
201912 0.000 126.235 0.000
202003 56.940 124.705 76.415
202006 0.000 127.000 0.000
202009 58.778 130.118 75.600
202012 0.000 130.889 0.000
202103 63.762 131.771 80.982
202106 0.000 134.084 0.000
202109 66.850 135.847 82.356
202112 0.000 138.161 0.000
202203 72.551 138.822 87.464
202206 0.000 142.347 0.000
202209 75.905 144.661 87.814
202212 0.000 145.763 0.000
202303 86.590 146.865 98.672
202306 0.000 150.280 0.000
202309 91.922 151.492 101.549
202312 0.000 152.924 0.000
202403 99.847 153.035 109.192
202406 0.000 155.789 0.000
202409 104.367 157.882 110.630
202412 0.000 158.323 0.000
202503 113.311 157.552 120.363
202506 0.000 159.755 0.000
202509 115.254 162.289 118.853
202512 0.000 163.281 0.000
202603 121.019 164.272 123.292
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 Surya Roshni (BOM:500336) Overvalued in 2026?

Based on GuruFocus' analysis, Surya Roshni stock appears to be undervalued. The current stock price of ₹216.10 is trading 27.8% below its estimated GF Value™ of ₹299.18. GuruFocus considers Surya Roshni to be Modestly Undervalued.

Key valuation signals for BOM:500336:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹299.18 vs. price of ₹216.10 (27.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the BOM:500336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surya Roshni Business Description

Other Exchanges SURYAROSNI:India
Address 5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips, and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, and the products are sold within the Indian and international markets.
77GF Score

Get the complete analysis for BOM:500336

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

₹216.10
Price
₹299.18
GF Value