Nirav Commercials (BOM:512425) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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
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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:512425 Nirav Commercials Ltd BOM:512425
63 GF Score
Price ₹725.00
GF Value ₹606.28
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Nirav Commercials Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nirav Commercials  (BOM:512425) 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.


Nirav Commercials Cyclically Adjusted PB Ratio Related Terms


Nirav Commercials Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nirav Commercials'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.

Nirav Commercials Cyclically Adjusted PB Ratio Chart

Nirav Commercials 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 0.82 0.88 1.11 1.35 0.92

Nirav Commercials 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 0.93 0.00 0.92 0.00

BOM:512425 vs AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Nirav Commercials'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.


Nirav Commercials Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nirav Commercials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:512425
63GF Score
Nirav Commercials Ltd BOM:512425
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nirav Commercials 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.

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

For example, Nirav Commercials'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.

Nirav Commercials Quarterly Data

Book Value per Share CPI Adj_Book
201609 272.449 105.961 430.312
201612 0.000 105.196 0.000
201703 275.663 105.196 438.555
201706 0.000 107.109 0.000
201709 279.337 109.021 428.807
201712 0.000 109.404 0.000
201803 443.166 109.786 675.558
201806 0.000 111.317 0.000
201809 439.031 115.142 638.126
201812 0.000 115.142 0.000
201903 447.077 118.202 632.997
201906 0.000 120.880 0.000
201909 448.214 123.175 608.986
201912 0.000 126.235 0.000
202003 445.352 124.705 597.673
202006 0.000 127.000 0.000
202009 459.949 130.118 591.585
202012 0.000 130.889 0.000
202103 682.472 131.771 866.785
202106 0.000 134.084 0.000
202109 688.010 135.847 847.597
202112 0.000 138.161 0.000
202203 727.673 138.822 877.250
202206 0.000 142.347 0.000
202209 734.439 144.661 849.667
202212 0.000 145.763 0.000
202303 743.033 146.865 846.712
202306 0.000 150.280 0.000
202309 764.541 151.492 844.609
202312 0.000 152.924 0.000
202403 762.020 153.035 833.339
202406 0.000 155.789 0.000
202409 782.143 157.882 829.082
202412 0.000 158.323 0.000
202503 777.411 157.552 825.795
202506 0.000 159.755 0.000
202509 776.531 162.289 800.781
202512 0.000 163.281 0.000
202603 800.888 164.272 815.928
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 Nirav Commercials (BOM:512425) Overvalued in 2026?

Based on GuruFocus' analysis, Nirav Commercials stock appears to be overvalued. The current stock price of ₹725.00 is trading 19.6% above its estimated GF Value™ of ₹606.28. GuruFocus considers Nirav Commercials to be Modestly Overvalued.

Key valuation signals for BOM:512425:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹606.28 vs. price of ₹725.00 (19.6% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the BOM:512425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nirav Commercials Business Description

Address Dr. Annie Besant Road, B-1, Tulsi Vihar, Worli Naka, Mumbai, MH, IND, 400018
Nirav Commercials Ltd manufactures and sells aluminum products in India. It operates through a single segment namely, the Manufacturing of aluminum doors and windows. It offers products such as Aluminium expanded extruded sheets and Aluminium door windows. Additionally, it also exports products such as steel, nuts, bolts, washer, and much more.
63GF Score

Get the complete analysis for BOM:512425

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

₹725.00
Price
₹606.28
GF Value