JSL Industries (BOM:504080) Cyclically Adjusted PB Ratio: (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:504080 JSL Industries Ltd BOM:504080
67 GF Score
Price ₹849.80
GF Value ₹1,371.35
Valuation Significantly Undervalued
! 2 Warning Signs
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What is JSL Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JSL Industries  (BOM:504080) 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.


JSL Industries Cyclically Adjusted PB Ratio Related Terms


JSL Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JSL Industries'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.

JSL Industries Cyclically Adjusted PB Ratio Chart

JSL Industries 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 0.74 1.12 2.83 4.67 2.90

JSL Industries 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 3.57 0.00 2.90 0.00

BOM:504080 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, JSL Industries'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.


JSL Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:504080
67GF Score
JSL Industries Ltd BOM:504080
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JSL Industries 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.

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

For example, JSL Industries'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.

JSL Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 258.154 105.961 407.734
201612 0.000 105.196 0.000
201703 237.015 105.196 377.069
201706 0.000 107.109 0.000
201709 246.416 109.021 378.270
201712 0.000 109.404 0.000
201803 241.410 109.786 368.003
201806 0.000 111.317 0.000
201809 242.760 115.142 352.849
201812 0.000 115.142 0.000
201903 209.364 118.202 296.430
201906 0.000 120.880 0.000
201909 208.518 123.175 283.312
201912 0.000 126.235 0.000
202003 211.224 124.705 283.468
202006 0.000 127.000 0.000
202009 215.673 130.118 277.398
202012 0.000 130.889 0.000
202103 231.042 131.771 293.439
202106 0.000 134.084 0.000
202109 240.630 135.847 296.445
202112 0.000 138.161 0.000
202203 254.549 138.822 306.873
202206 0.000 142.347 0.000
202209 271.380 144.661 313.957
202212 0.000 145.763 0.000
202303 284.151 146.865 323.800
202306 0.000 150.280 0.000
202309 324.997 151.492 359.033
202312 0.000 152.924 0.000
202403 336.586 153.035 368.088
202406 0.000 155.789 0.000
202409 384.647 157.882 407.731
202412 0.000 158.323 0.000
202503 391.375 157.552 415.733
202506 0.000 159.755 0.000
202509 411.435 162.289 424.284
202512 0.000 163.281 0.000
202603 398.081 164.272 405.557
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 JSL Industries (BOM:504080) Overvalued in 2026?

Based on GuruFocus' analysis, JSL Industries stock appears to be undervalued. The current stock price of ₹849.80 is trading 38% below its estimated GF Value™ of ₹1,371.35. GuruFocus considers JSL Industries to be Significantly Undervalued.

Key valuation signals for BOM:504080:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,371.35 vs. price of ₹849.80 (38% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the BOM:504080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JSL Industries Business Description

Address N.H. No. 8, Village Mogar, Anand, GJ, IND, 388340
JSL Industries Ltd is an Indian company engaged in the manufacturing of engineering goods. It manufactures HT Indoor and Outdoor Instrument Transformers, Full and Reduced Voltage Motor Starters - Air Break and Oil Immersed, LT Power and Auxiliary Contactors, Thermal Overload Relays, LT ACBs, MCCBs, Control, and Power Switches, LT Power and Motor Control Centre, LT Switchboard, LT Distribution Boxes, Mono-Block Pumps, TEFC, SPDP, and VHS Motors, etc.
67GF Score

Get the complete analysis for BOM:504080

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

₹849.80
Price
₹1,371.35
GF Value