Katare Spinning Mills (BOM:502933) Cyclically Adjusted PB Ratio: 0.36 (As of Sep. 02, 2026) — 69% Below Median

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:502933 Katare Spinning Mills Ltd BOM:502933
39 GF Score
Price ₹100.15
GF Value ₹106.95
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Katare Spinning Mills Cyclically Adjusted PB Ratio?

Katare Spinning Mills BOM:502933 -3.95% 39 Cyclically Adjusted PB Ratio is 0.36 as of Sep. 02, 2026, which is 69% below its 10-year median of 1.17. GuruFocus rates BOM:502933 with a GF Score™ of 39/100 and a GF Value™ of ₹106.95 (Fairly Valued). The stock has 6 warning signs investors should review. Among 639 Manufacturing - Apparel & Accessories companies, Katare Spinning Mills ranks better than 81.38% on this metric.

As of today (2026-09-02), Katare Spinning Mills's current share price is ₹100.15. Katare Spinning Mills's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹275.41. Katare Spinning Mills's Cyclically Adjusted PB Ratio for today is 0.36.

The historical rank and industry rank for Katare Spinning Mills's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:502933' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.17   Max: 13.21
Current: 0.37

During the past years, Katare Spinning Mills's highest Cyclically Adjusted PB Ratio was 13.21. The lowest was 0.30. And the median was 1.17.

BOM:502933's Cyclically Adjusted PB Ratio is ranked better than
81.38% of 639 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.94 vs BOM:502933: 0.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Katare Spinning Mills's adjusted book value per share data for the three months ended in Jun. 2026 was ₹398.115. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹275.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Katare Spinning Mills  (BOM:502933) 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.


Katare Spinning Mills Cyclically Adjusted PB Ratio Related Terms


Katare Spinning Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Katare Spinning Mills'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.

Katare Spinning Mills Cyclically Adjusted PB Ratio Chart

Katare Spinning Mills 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 8.74 1.37 1.25 0.78 0.35

Katare Spinning Mills 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 0.53 0.43 0.35 0.38

Katare Spinning Mills Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Katare Spinning Mills'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.


Katare Spinning Mills Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:502933
39GF Score
Katare Spinning Mills Ltd BOM:502933
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Katare Spinning Mills 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.

Katare Spinning Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.15/275.41
=0.36

* 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.

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

For example, Katare Spinning Mills'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)
=398.115/167.3573*167.3573
=398.115

Current CPI (Jun. 2026) = 167.3573.

Katare Spinning Mills Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 27.154 105.196 43.200
201706 0.000 107.109 0.000
201709 21.475 109.021 32.966
201712 0.000 109.404 0.000
201803 16.920 109.786 25.793
201806 0.000 111.317 0.000
201809 11.345 115.142 16.490
201812 0.000 115.142 0.000
201903 17.266 118.202 24.446
201906 0.000 120.880 0.000
201909 15.475 123.175 21.026
201912 0.000 126.235 0.000
202003 9.453 124.705 12.686
202006 0.000 127.000 0.000
202009 5.532 130.118 7.115
202012 0.000 130.889 0.000
202103 3.359 131.771 4.266
202106 2.035 134.084 2.540
202109 21.364 135.847 26.319
202112 20.634 138.161 24.994
202203 438.821 138.822 529.023
202206 437.797 142.347 514.716
202209 440.262 144.661 509.336
202212 437.798 145.763 502.657
202303 419.152 146.865 477.638
202306 418.424 150.280 465.972
202309 418.599 151.492 462.438
202312 418.587 152.924 458.093
202403 412.580 153.035 451.194
202406 411.110 155.789 441.638
202409 409.453 157.882 434.026
202412 408.012 158.323 431.294
202503 406.509 157.552 431.809
202506 0.000 159.755 0.000
202509 404.449 162.289 417.079
202512 403.414 163.281 413.486
202603 398.914 164.272 406.405
202606 398.115 167.357 398.115

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.

What does a Cyclically Adjusted PB Ratio of 0.36 mean?
Katare Spinning Mills (BOM:502933) has a Cyclically Adjusted PB Ratio of 0.36 as of Sep. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Katare Spinning Mills and its competitors. This is 69% below median its historical median of 1.17. Over the past decade, Katare Spinning Mills' Cyclically Adjusted PB Ratio has ranged from 0.30 to 13.21. According to the industry distribution chart, Katare Spinning Mills ranks #119 out of 639 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.6%.
Is Katare Spinning Mills' Cyclically Adjusted PB Ratio too high?
Katare Spinning Mills' current Cyclically Adjusted PB Ratio of 0.36 is 69% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 13.21. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.94. Katare Spinning Mills' value of 0.36 is 61.7% below this industry median. Based on the distribution chart, Katare Spinning Mills ranks #119 out of 639 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Katare Spinning Mills has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Katare Spinning Mills' Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Katare Spinning Mills ranks #119 out of 639 companies for Cyclically Adjusted PB Ratio. This places Katare Spinning Mills in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.94. Katare Spinning Mills' value of 0.36 is 61.7% below this benchmark. Historically, Katare Spinning Mills' own Cyclically Adjusted PB Ratio has ranged from 0.30 to 13.21 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.94, Katare Spinning Mills has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.94, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Katare Spinning Mills's current Cyclically Adjusted PB Ratio of 0.36 is 61.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Katare Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katare Spinning Mills's current Cyclically Adjusted PB Ratio is 0.36, which is 69% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katare Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Katare Spinning Mills (BOM:502933) is currently considered Fairly Valued. The stock's GF Value™ is ₹106.95, compared to a current price of ₹100.15 — trading 6.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 69% below median its 10-year median of 1.17 and 61.7% below the Manufacturing - Apparel & Accessories industry median of 0.94. Katare Spinning Mills' overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Katare Spinning Mills (BOM:502933), the current Cyclically Adjusted PB Ratio is 0.36 as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Katare Spinning Mills (BOM:502933) Overvalued in 2026?

Based on GuruFocus' analysis, Katare Spinning Mills stock appears to be undervalued. The current stock price of ₹100.15 is trading 6.4% below its estimated GF Value™ of ₹106.95. GuruFocus considers Katare Spinning Mills to be Fairly Valued.

Key valuation signals for BOM:502933:

  • Cyclically Adjusted PB Ratio: 0.36 (69% below median its 10-year median of 1.17)
  • GF Value™: ₹106.95 vs. price of ₹100.15 (6.4% below fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 61.7% below the Manufacturing - Apparel & Accessories median (#119 of 639)

No single metric tells the full story. See the BOM:502933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Katare Spinning Mills Business Description

Address Akkalkot road, 14/30 Ground Floor, B Wing, Katare Complex, Bl. No. 10, Ravivar Peth, Gandhinagar, Solapur, MH, IND, 413006
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division and Solar Power. The Spinning Mill segment generates maximum revenue for the company.
39GF Score

Get the complete analysis for BOM:502933

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

₹100.15
Price
₹106.95
GF Value