Delton Cables (BOM:504240) 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.
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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:504240 Delton Cables Ltd BOM:504240
67 GF Score
Price ₹603.65
GF Value ₹1,152.95
Valuation Possible Value Trap
! 6 Warning Signs
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What is Delton Cables Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delton Cables  (BOM:504240) 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.


Delton Cables Cyclically Adjusted PB Ratio Related Terms


Delton Cables Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delton Cables'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.

Delton Cables Cyclically Adjusted PB Ratio Chart

Delton Cables 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 1.18 1.44 7.46 11.32 4.11

Delton Cables 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 11.85 0.00 4.11 0.00

BOM:504240 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Delton Cables'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.


Delton Cables Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:504240
67GF Score
Delton Cables Ltd BOM:504240
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delton Cables 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.

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

For example, Delton Cables'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.

Delton Cables Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.242 105.961 30.391
201612 0.000 105.196 0.000
201703 14.350 105.196 22.830
201706 0.000 107.109 0.000
201709 9.430 109.021 14.476
201712 0.000 109.404 0.000
201803 -1.081 109.786 -1.648
201806 0.000 111.317 0.000
201809 -8.829 115.142 -12.833
201812 0.000 115.142 0.000
201903 56.832 118.202 80.466
201906 0.000 120.880 0.000
201909 59.744 123.175 81.174
201912 0.000 126.235 0.000
202003 63.216 124.705 84.837
202006 0.000 127.000 0.000
202009 64.582 130.118 83.065
202012 0.000 130.889 0.000
202103 63.830 131.771 81.068
202106 0.000 134.084 0.000
202109 63.554 135.847 78.296
202112 0.000 138.161 0.000
202203 64.905 138.822 78.247
202206 0.000 142.347 0.000
202209 68.844 144.661 79.645
202212 0.000 145.763 0.000
202303 65.581 146.865 74.732
202306 0.000 150.280 0.000
202309 71.007 151.492 78.443
202312 0.000 152.924 0.000
202403 82.557 153.035 90.284
202406 0.000 155.789 0.000
202409 95.920 157.882 101.677
202412 0.000 158.323 0.000
202503 104.690 157.552 111.206
202506 0.000 159.755 0.000
202509 113.534 162.289 117.080
202512 0.000 163.281 0.000
202603 397.429 164.272 404.892
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 Delton Cables (BOM:504240) Overvalued in 2026?

Based on GuruFocus' analysis, Delton Cables stock appears to be undervalued. The current stock price of ₹603.65 is trading 47.6% below its estimated GF Value™ of ₹1,152.95. GuruFocus considers Delton Cables to be Possible Value Trap.

Key valuation signals for BOM:504240:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,152.95 vs. price of ₹603.65 (47.6% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the BOM:504240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delton Cables Business Description

Address 17/4, Mathura Road, Faridabad, HR, IND, 121002
Delton Cables Ltd is engaged in manufacturing and supplying wires, cables, switchgear, and ancillary activities including trading. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in the Domestic market.
67GF Score

Get the complete analysis for BOM:504240

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

₹603.65
Price
₹1,152.95
GF Value