IndiaNivesh (BOM:501700) Cyclically Adjusted PB Ratio: (As of Aug. 29, 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:501700 IndiaNivesh Ltd BOM:501700
26 GF Score
Price ₹6.56
GF Value ₹1.77
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is IndiaNivesh Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IndiaNivesh  (BOM:501700) 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.


IndiaNivesh Cyclically Adjusted PB Ratio Related Terms


IndiaNivesh Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for IndiaNivesh'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.

IndiaNivesh Cyclically Adjusted PB Ratio Chart

IndiaNivesh 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 0.66

IndiaNivesh 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 0.00 0.00 0.66 0.00

BOM:501700 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, IndiaNivesh'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.


IndiaNivesh Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


BOM:501700
26GF Score
IndiaNivesh Ltd BOM:501700
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IndiaNivesh 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.

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

For example, IndiaNivesh'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.

IndiaNivesh Quarterly Data

Book Value per Share CPI Adj_Book
200903 4.841 56.615 14.310
201003 6.324 65.030 16.275
201103 7.160 70.768 16.932
201203 7.160 76.889 15.585
201303 8.415 85.687 16.436
201403 14.539 91.425 26.614
201503 20.568 97.163 35.427
201603 21.824 102.518 35.627
201703 22.766 105.196 36.219
201803 39.181 109.786 59.727
201903 41.130 118.202 58.234
201906 0.000 120.880 0.000
201909 32.531 123.175 44.200
201912 0.000 126.235 0.000
202003 0.779 124.705 1.045
202006 0.000 127.000 0.000
202009 -3.258 130.118 -4.190
202012 0.000 130.889 0.000
202103 -5.664 131.771 -7.194
202106 0.000 134.084 0.000
202109 -3.939 135.847 -4.853
202112 0.000 138.161 0.000
202203 -8.948 138.822 -10.787
202206 0.000 142.347 0.000
202209 -9.069 144.661 -10.492
202212 0.000 145.763 0.000
202303 -9.731 146.865 -11.089
202306 0.000 150.280 0.000
202309 -8.964 151.492 -9.903
202312 0.000 152.924 0.000
202403 -9.045 153.035 -9.892
202406 0.000 155.789 0.000
202409 -8.095 157.882 -8.581
202412 0.000 158.323 0.000
202503 -10.729 157.552 -11.397
202506 0.000 159.755 0.000
202509 -10.717 162.289 -11.052
202512 0.000 163.281 0.000
202603 -13.118 164.272 -13.364
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 IndiaNivesh (BOM:501700) Overvalued in 2026?

Based on GuruFocus' analysis, IndiaNivesh stock appears to be overvalued. The current stock price of ₹6.56 is trading 270.6% above its estimated GF Value™ of ₹1.77. GuruFocus considers IndiaNivesh to be Significantly Overvalued.

Key valuation signals for BOM:501700:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1.77 vs. price of ₹6.56 (270.6% above fair value)
  • GF Score™: 26/100 with 6 warning signs

No single metric tells the full story. See the BOM:501700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IndiaNivesh Business Description

Address Senapati Bapat Marg, 1703, Lodha Supremus, 17th Floor, Lower Parel (West), Mumbai, MH, IND, 400 013
IndiaNivesh Ltd is a non-banking financial company, which is engaged in trading and investing in securities. It operates through segments being Investment and Trading activities, Financing Activities, and Advisory and other services. It generates maximum revenue from the Financing Activities segment. The company purchases stressed assets and portfolios from banks and financial intermediaries and assists in the resolution of such no performing loans. It invests in quoted, as well as unquoted equity shares and in units of mutual funds.
26GF Score

Get the complete analysis for BOM:501700

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

₹6.56
Price
₹1.77
GF Value