Veer Energy & Infrastructure (BOM:503657) Cyclically Adjusted PB Ratio: (As of Sep. 12, 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:503657 Veer Energy & Infrastructure Ltd BOM:503657
60 GF Score
Price ₹13.23
GF Value ₹11.83
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Veer Energy & Infrastructure Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Veer Energy & Infrastructure  (BOM:503657) 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.


Veer Energy & Infrastructure Cyclically Adjusted PB Ratio Related Terms


Veer Energy & Infrastructure Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Veer Energy & Infrastructure'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.

Veer Energy & Infrastructure Cyclically Adjusted PB Ratio Chart

Veer Energy & Infrastructure 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 0.28 0.29 0.18

Veer Energy & Infrastructure 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 0.28 0.00 0.18 0.00

Veer Energy & Infrastructure Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Veer Energy & Infrastructure'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.


Veer Energy & Infrastructure Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Veer Energy & Infrastructure's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Veer Energy & Infrastructure's Cyclically Adjusted PB Ratio falls into.


BOM:503657
60GF Score
Veer Energy & Infrastructure Ltd BOM:503657
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veer Energy & Infrastructure 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.

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

For example, Veer Energy & Infrastructure'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.

Veer Energy & Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 49.163 105.196 78.214
201706 0.000 107.109 0.000
201709 40.567 109.021 62.274
201712 0.000 109.404 0.000
201803 40.672 109.786 62.000
201806 0.000 111.317 0.000
201809 41.232 115.142 59.930
201812 0.000 115.142 0.000
201903 41.527 118.202 58.796
201906 0.000 120.880 0.000
201909 41.292 123.175 56.103
201912 0.000 126.235 0.000
202003 41.752 124.705 56.032
202006 0.000 127.000 0.000
202009 42.197 130.118 54.274
202012 0.000 130.889 0.000
202103 41.992 131.771 53.333
202106 0.000 134.084 0.000
202109 42.267 135.847 52.071
202112 0.000 138.161 0.000
202203 42.526 138.822 51.267
202206 0.000 142.347 0.000
202209 41.875 144.661 48.445
202212 0.000 145.763 0.000
202303 42.562 146.865 48.501
202306 0.000 150.280 0.000
202309 42.605 151.492 47.067
202312 0.000 152.924 0.000
202403 42.782 153.035 46.786
202406 0.000 155.789 0.000
202409 43.235 157.882 45.830
202412 0.000 158.323 0.000
202503 42.910 157.552 45.581
202506 0.000 159.755 0.000
202509 43.218 162.289 44.568
202512 0.000 163.281 0.000
202603 42.082 164.272 42.872
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 Veer Energy & Infrastructure (BOM:503657) Overvalued in 2026?

Based on GuruFocus' analysis, Veer Energy & Infrastructure stock appears to be overvalued. The current stock price of ₹13.23 is trading 11.8% above its estimated GF Value™ of ₹11.83. GuruFocus considers Veer Energy & Infrastructure to be Modestly Overvalued.

Key valuation signals for BOM:503657:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹11.83 vs. price of ₹13.23 (11.8% above fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the BOM:503657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veer Energy & Infrastructure Business Description

Address J. Shankar Sheth Marg, 629-A, Gazdar House, 1st Floor, Near Kalbadevi Post Office, Mumbai, MH, IND, 400002
Veer Energy & Infrastructure Ltd is engaged in the business of implementation and operation of large-scale projects in the renewable energy sector. It is an India-based renewable energy Company that provides services across India to develop, construct, and operate projects that contribute to the goal of a low-carbon and sustainable future. The company generates revenue from the sale of services, and sale of goods, where the majority of the revenue is generated from the sale of services.
60GF Score

Get the complete analysis for BOM:503657

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

₹13.23
Price
₹11.83
GF Value