Atlas Cycles (Haryana) (BOM:505029) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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BOM:505029 Atlas Cycles (Haryana) Ltd BOM:505029
46 GF Score
Price ₹96.04
GF Value ₹64.12
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Atlas Cycles (Haryana) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Cycles (Haryana)  (BOM:505029) 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.


Atlas Cycles (Haryana) Cyclically Adjusted PB Ratio Related Terms


Atlas Cycles (Haryana) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana) Cyclically Adjusted PB Ratio Chart

Atlas Cycles (Haryana) 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 0.14 0.17 0.19 0.51 0.35

Atlas Cycles (Haryana) 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 0.58 0.00 0.35 0.00

BOM:505029 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Atlas Cycles (Haryana)'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.


Atlas Cycles (Haryana) Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Atlas Cycles (Haryana)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Cycles (Haryana)'s Cyclically Adjusted PB Ratio falls into.


BOM:505029
46GF Score
Atlas Cycles (Haryana) Ltd BOM:505029
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlas Cycles (Haryana) 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.

Atlas Cycles (Haryana)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Atlas Cycles (Haryana)'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.

Atlas Cycles (Haryana) Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.000 102.901 0.000
201603 147.457 102.518 240.718
201606 0.000 105.961 0.000
201609 152.060 105.961 240.167
201612 0.000 105.196 0.000
201703 152.327 105.196 242.338
201706 0.000 107.109 0.000
201803 149.840 109.786 228.415
201806 0.000 111.317 0.000
201812 0.000 115.142 0.000
201903 79.354 118.202 112.354
201906 0.000 120.880 0.000
201909 56.164 123.175 76.310
201912 0.000 126.235 0.000
202003 84.141 124.705 112.919
202006 0.000 127.000 0.000
202009 60.690 130.118 78.059
202012 0.000 130.889 0.000
202103 29.956 131.771 38.046
202106 0.000 134.084 0.000
202109 11.604 135.847 14.296
202112 0.000 138.161 0.000
202203 -14.244 138.822 -17.172
202206 0.000 142.347 0.000
202209 -36.152 144.661 -41.824
202212 0.000 145.763 0.000
202303 -50.066 146.865 -57.052
202306 0.000 150.280 0.000
202309 -54.843 151.492 -60.587
202312 0.000 152.924 0.000
202403 581.237 153.035 635.636
202406 0.000 155.789 0.000
202409 593.938 157.882 629.582
202412 0.000 158.323 0.000
202503 595.863 157.552 632.948
202506 0.000 159.755 0.000
202509 589.757 162.289 608.174
202512 0.000 163.281 0.000
202603 583.507 164.272 594.465
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 Atlas Cycles (Haryana) (BOM:505029) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Cycles (Haryana) stock appears to be overvalued. The current stock price of ₹96.04 is trading 49.8% above its estimated GF Value™ of ₹64.12. GuruFocus considers Atlas Cycles (Haryana) to be Significantly Overvalued.

Key valuation signals for BOM:505029:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹64.12 vs. price of ₹96.04 (49.8% above fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the BOM:505029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atlas Cycles (Haryana) Business Description

Other Exchanges ATLASCYCLE:India
Address Atlas Road, Industrial Area, Atlas Premises, Sonepat, HR, IND, 131001
Atlas Cycles (Haryana) Ltd is an Indian cycling company. The firm is engaged in the manufacturing and selling of bicycles and their components. The company earns key revenue from domestic sales and also exports products overseas.
46GF Score

Get the complete analysis for BOM:505029

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

₹96.04
Price
₹64.12
GF Value