Jyoti (BOM:504076) Cyclically Adjusted PB Ratio: (As of Aug. 27, 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:504076 Jyoti Ltd BOM:504076
65 GF Score
Price ₹60.28
GF Value ₹105.62
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Jyoti Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jyoti  (BOM:504076) 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.


Jyoti Cyclically Adjusted PB Ratio Related Terms


Jyoti Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jyoti'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.

Jyoti Cyclically Adjusted PB Ratio Chart

Jyoti 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 0.00

Jyoti 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 0.00 0.00

BOM:504076 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Jyoti'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.


Jyoti Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jyoti's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:504076
65GF Score
Jyoti Ltd BOM:504076
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jyoti 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.

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

For example, Jyoti'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.

Jyoti Quarterly Data

Book Value per Share CPI Adj_Book
201503 -83.172 97.163 -143.259
201506 0.000 99.841 0.000
201509 -105.237 101.753 -173.087
201512 0.000 102.901 0.000
201603 -127.063 102.518 -207.426
201606 0.000 105.961 0.000
201703 -196.021 105.196 -311.852
201803 -193.579 109.786 -295.090
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -128.299 118.202 -181.653
201906 0.000 120.880 0.000
201909 -131.884 123.175 -179.190
201912 0.000 126.235 0.000
202003 -134.313 124.705 -180.251
202006 0.000 127.000 0.000
202009 -134.660 130.118 -173.199
202012 0.000 130.889 0.000
202103 -126.859 131.771 -161.119
202106 0.000 134.084 0.000
202109 -132.179 135.847 -162.838
202112 0.000 138.161 0.000
202203 -29.966 138.822 -36.126
202206 0.000 142.347 0.000
202209 -29.303 144.661 -33.900
202212 0.000 145.763 0.000
202303 -27.865 146.865 -31.753
202306 0.000 150.280 0.000
202309 -27.359 151.492 -30.224
202312 0.000 152.924 0.000
202403 -24.175 153.035 -26.438
202406 0.000 155.789 0.000
202409 -22.370 157.882 -23.713
202412 0.000 158.323 0.000
202503 -17.149 157.552 -18.216
202506 0.000 159.755 0.000
202509 -11.744 162.289 -12.111
202512 0.000 163.281 0.000
202603 -9.111 164.272 -9.282
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 Jyoti (BOM:504076) Overvalued in 2026?

Based on GuruFocus' analysis, Jyoti stock appears to be undervalued. The current stock price of ₹60.28 is trading 42.9% below its estimated GF Value™ of ₹105.62. GuruFocus considers Jyoti to be Possible Value Trap.

Key valuation signals for BOM:504076:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹105.62 vs. price of ₹60.28 (42.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the BOM:504076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jyoti Business Description

Address Nanubhai Amin Marg, Industrial Area, P.O. Chemical Industries, Vadodara, GJ, IND, 390003
Jyoti Ltd is engaged in manufacturing electric motors, generators, switchgear, and relays. It offers engineered pumps, hydel products comprising turbines, inlet valves, and hydro generators. The company also provides rotating electrical machines, induction generators, and switchgears. In addition, it offers electronics and control systems.
65GF Score

Get the complete analysis for BOM:504076

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

₹60.28
Price
₹105.62
GF Value