International Conveyors (BOM:509709) Cyclically Adjusted PB Ratio: (As of Aug. 26, 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:509709 International Conveyors Ltd BOM:509709
73 GF Score
Price ₹75.91
GF Value ₹120.85
Valuation Possible Value Trap
! 1 Warning Sign
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What is International Conveyors Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Conveyors  (BOM:509709) 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.


International Conveyors Cyclically Adjusted PB Ratio Related Terms


International Conveyors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for International Conveyors'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.

International Conveyors Cyclically Adjusted PB Ratio Chart

International Conveyors 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 2.15 1.63

International Conveyors 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 2.89 0.00 1.63 0.00

BOM:509709 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, International Conveyors'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.


International Conveyors Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:509709
73GF Score
International Conveyors Ltd BOM:509709
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Conveyors 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.

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

For example, International Conveyors'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.

International Conveyors Quarterly Data

Book Value per Share CPI Adj_Book
201209 21.212 82.244 43.164
201212 0.000 83.774 0.000
201303 11.110 85.687 21.699
201306 0.000 88.365 0.000
201312 0.000 91.425 0.000
201403 11.515 91.425 21.079
201503 11.013 97.163 18.969
201603 14.031 102.518 22.905
201703 18.369 105.196 29.223
201803 22.155 109.786 33.773
201903 21.731 118.202 30.768
201906 0.000 120.880 0.000
201909 23.393 123.175 31.784
201912 0.000 126.235 0.000
202003 18.119 124.705 24.316
202006 0.000 127.000 0.000
202009 20.730 130.118 26.663
202012 0.000 130.889 0.000
202103 22.815 131.771 28.977
202106 0.000 134.084 0.000
202109 29.573 135.847 36.433
202112 0.000 138.161 0.000
202203 32.042 138.822 38.628
202206 0.000 142.347 0.000
202209 34.258 144.661 39.633
202212 0.000 145.763 0.000
202303 33.223 146.865 37.859
202306 0.000 150.280 0.000
202309 39.930 151.492 44.112
202312 0.000 152.924 0.000
202403 43.067 153.035 47.098
202406 0.000 155.789 0.000
202409 52.476 157.882 55.625
202412 0.000 158.323 0.000
202503 57.085 157.552 60.638
202506 0.000 159.755 0.000
202509 61.744 162.289 63.672
202512 0.000 163.281 0.000
202603 66.529 164.272 67.778
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 International Conveyors (BOM:509709) Overvalued in 2026?

Based on GuruFocus' analysis, International Conveyors stock appears to be undervalued. The current stock price of ₹75.91 is trading 37.2% below its estimated GF Value™ of ₹120.85. GuruFocus considers International Conveyors to be Possible Value Trap.

Key valuation signals for BOM:509709:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹120.85 vs. price of ₹75.91 (37.2% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the BOM:509709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Conveyors Business Description

Other Exchanges INTLCONV:India
Address Middleton Row, No. 10, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting and fitting and accessories; and generation and sale of power. The company is manufactures and markets solid woven fabric reinforced PVC impregnated and PVC covered fire retardant, anti static conveyor belting. The company operates its business through the segments of Conveyor Belting, Wind Energy, Trading Goods, and Treasury segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.
73GF Score

Get the complete analysis for BOM:509709

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

₹75.91
Price
₹120.85
GF Value