Dalal Street Investments (BOM:501148) Cyclically Adjusted PB Ratio: (As of Aug. 30, 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:501148 Dalal Street Investments Ltd BOM:501148
61 GF Score
Price ₹344.00
GF Value ₹327.44
Valuation Fairly Valued
! 4 Warning Signs
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What is Dalal Street Investments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dalal Street Investments  (BOM:501148) 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.


Dalal Street Investments Cyclically Adjusted PB Ratio Related Terms


Dalal Street Investments Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dalal Street Investments'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.

Dalal Street Investments Cyclically Adjusted PB Ratio Chart

Dalal Street Investments 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 98.62 10.84 4.49 2.49

Dalal Street Investments 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 3.49 0.00 2.49 0.00

BOM:501148 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Dalal Street Investments'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.


Dalal Street Investments Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dalal Street Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:501148
61GF Score
Dalal Street Investments Ltd BOM:501148
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dalal Street Investments 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.

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

For example, Dalal Street Investments'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.

Dalal Street Investments Quarterly Data

Book Value per Share CPI Adj_Book
201609 -202.663 105.961 -320.090
201612 0.000 105.196 0.000
201703 24.835 105.196 39.510
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 82.029 109.786 125.044
201806 0.000 111.317 0.000
201809 80.387 115.142 116.841
201812 0.000 115.142 0.000
201903 138.400 118.202 195.955
201906 0.000 120.880 0.000
201909 143.060 123.175 194.375
201912 0.000 126.235 0.000
202003 130.883 124.705 175.648
202006 0.000 127.000 0.000
202009 139.743 130.118 179.737
202012 0.000 130.889 0.000
202103 147.444 131.771 187.264
202106 0.000 134.084 0.000
202109 162.346 135.847 200.003
202112 0.000 138.161 0.000
202203 153.975 138.822 185.625
202206 0.000 142.347 0.000
202209 140.810 144.661 162.902
202212 0.000 145.763 0.000
202303 152.314 146.865 173.567
202306 0.000 150.280 0.000
202309 169.629 151.492 187.394
202312 0.000 152.924 0.000
202403 166.089 153.035 181.634
202406 0.000 155.789 0.000
202409 191.197 157.882 202.671
202412 0.000 158.323 0.000
202503 157.683 157.552 167.497
202506 0.000 159.755 0.000
202509 156.048 162.289 160.921
202512 0.000 163.281 0.000
202603 152.949 164.272 155.821
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 Dalal Street Investments (BOM:501148) Overvalued in 2026?

Based on GuruFocus' analysis, Dalal Street Investments stock appears to be overvalued. The current stock price of ₹344.00 is trading 5.1% above its estimated GF Value™ of ₹327.44. GuruFocus considers Dalal Street Investments to be Fairly Valued.

Key valuation signals for BOM:501148:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹327.44 vs. price of ₹344.00 (5.1% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the BOM:501148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dalal Street Investments Business Description

Address S.V. Road, 409 Dev Plaza, Opposite Fire Brigade, Andheri West, Mumbai, MH, IND, 400058
Dalal Street Investments Ltd engages in the business of trading and investments in shares and securities. The company is focused on providing advisory and consultancy services. It also manages investment pools, mutual funds, syndicates in shares, and stocks. The company operates within India.
61GF Score

Get the complete analysis for BOM:501148

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

₹344.00
Price
₹327.44
GF Value