Indian Hume Pipe Co (BOM:504741) Cyclically Adjusted PB Ratio: (As of Sep. 01, 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:504741 Indian Hume Pipe Co Ltd BOM:504741
81 GF Score
Price ₹379.00
GF Value ₹335.54
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Indian Hume Pipe Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Hume Pipe Co  (BOM:504741) 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.


Indian Hume Pipe Co Cyclically Adjusted PB Ratio Related Terms


Indian Hume Pipe Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indian Hume Pipe Co'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.

Indian Hume Pipe Co Cyclically Adjusted PB Ratio Chart

Indian Hume Pipe Co 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 1.63 1.04 1.98 2.53 1.68

Indian Hume Pipe Co 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 2.29 0.00 1.68 0.00

BOM:504741 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Indian Hume Pipe Co'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.


Indian Hume Pipe Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Indian Hume Pipe Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Hume Pipe Co's Cyclically Adjusted PB Ratio falls into.


BOM:504741
81GF Score
Indian Hume Pipe Co Ltd BOM:504741
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Hume Pipe Co 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.

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

For example, Indian Hume Pipe Co'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.

Indian Hume Pipe Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 73.154 105.961 115.541
201612 0.000 105.196 0.000
201703 82.586 105.196 131.387
201706 0.000 107.109 0.000
201709 85.510 109.021 131.265
201712 0.000 109.404 0.000
201803 93.523 109.786 142.566
201806 0.000 111.317 0.000
201809 99.128 115.142 144.081
201812 0.000 115.142 0.000
201903 107.251 118.202 151.852
201906 0.000 120.880 0.000
201909 109.595 123.175 148.906
201912 0.000 126.235 0.000
202003 117.375 124.705 157.520
202006 0.000 127.000 0.000
202009 115.281 130.118 148.274
202012 0.000 130.889 0.000
202103 124.376 131.771 157.966
202106 0.000 134.084 0.000
202109 127.004 135.847 156.463
202112 0.000 138.161 0.000
202203 134.212 138.822 161.800
202206 0.000 142.347 0.000
202209 137.646 144.661 159.242
202212 0.000 145.763 0.000
202303 143.522 146.865 163.548
202306 0.000 150.280 0.000
202309 146.116 151.492 161.418
202312 0.000 152.924 0.000
202403 157.408 153.035 172.140
202406 0.000 155.789 0.000
202409 164.257 157.882 174.115
202412 0.000 158.323 0.000
202503 261.316 157.552 277.580
202506 0.000 159.755 0.000
202509 265.797 162.289 274.098
202512 0.000 163.281 0.000
202603 281.758 164.272 287.049
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 Indian Hume Pipe Co (BOM:504741) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Hume Pipe Co stock appears to be overvalued. The current stock price of ₹379.00 is trading 13% above its estimated GF Value™ of ₹335.54. GuruFocus considers Indian Hume Pipe Co to be Modestly Overvalued.

Key valuation signals for BOM:504741:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹335.54 vs. price of ₹379.00 (13% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the BOM:504741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Hume Pipe Co Business Description

Other Exchanges INDIANHUME:India
Address 5, Walchand Hirachand Road, Construction House, 2nd Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Indian Hume Pipe Co Ltd manufactures and markets Hume Pipes and allied products. The company is engaged in the business of manufacturing, laying, and jointing pipelines. The company also undertakes infrastructure development programs by way of execution on a turnkey basis for the combined water supply projects. The company also manufactures and supplies Concrete Railway Sleepers to Indian Railways. The segments of the company are Construction and Land Development. The company generates maximum revenue from the Construction segment.
81GF Score

Get the complete analysis for BOM:504741

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

₹379.00
Price
₹335.54
GF Value