Ajmera Realty & Infra India (BOM:513349) Cyclically Adjusted PB Ratio: (As of Sep. 15, 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:513349 Ajmera Realty & Infra India Ltd BOM:513349
84 GF Score
Price ₹116.80
GF Value ₹210.49
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Ajmera Realty & Infra India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajmera Realty & Infra India  (BOM:513349) 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.


Ajmera Realty & Infra India Cyclically Adjusted PB Ratio Related Terms


Ajmera Realty & Infra India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ajmera Realty & Infra India'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.

Ajmera Realty & Infra India Cyclically Adjusted PB Ratio Chart

Ajmera Realty & Infra India 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 1.77 1.40 3.43 3.97 1.99

Ajmera Realty & Infra India 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 4.12 0.00 1.99 0.00

Ajmera Realty & Infra India Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ajmera Realty & Infra India'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.


Ajmera Realty & Infra India Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ajmera Realty & Infra India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ajmera Realty & Infra India's Cyclically Adjusted PB Ratio falls into.


BOM:513349
84GF Score
Ajmera Realty & Infra India Ltd BOM:513349
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajmera Realty & Infra India 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.

Ajmera Realty & Infra India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ajmera Realty & Infra India'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.

Ajmera Realty & Infra India Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.283 105.961 41.512
201612 0.000 105.196 0.000
201703 28.453 105.196 45.266
201706 0.000 107.109 0.000
201709 28.248 109.021 43.363
201712 0.000 109.404 0.000
201803 31.727 109.786 48.364
201806 0.000 111.317 0.000
201809 33.339 115.142 48.458
201812 0.000 115.142 0.000
201903 34.447 118.202 48.772
201906 0.000 120.880 0.000
201909 35.696 123.175 48.500
201912 0.000 126.235 0.000
202003 36.001 124.705 48.314
202006 0.000 127.000 0.000
202009 36.553 130.118 47.014
202012 0.000 130.889 0.000
202103 37.462 131.771 47.579
202106 0.000 134.084 0.000
202109 38.684 135.847 47.657
202112 0.000 138.161 0.000
202203 40.011 138.822 48.235
202206 0.000 142.347 0.000
202209 42.142 144.661 48.754
202212 0.000 145.763 0.000
202303 43.606 146.865 49.691
202306 0.000 150.280 0.000
202309 45.507 151.492 50.273
202312 0.000 152.924 0.000
202403 48.793 153.035 53.360
202406 0.000 155.789 0.000
202409 50.777 157.882 53.824
202412 0.000 158.323 0.000
202503 61.308 157.552 65.124
202506 0.000 159.755 0.000
202509 64.087 162.289 66.088
202512 0.000 163.281 0.000
202603 71.062 164.272 72.396
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 Ajmera Realty & Infra India (BOM:513349) Overvalued in 2026?

Based on GuruFocus' analysis, Ajmera Realty & Infra India stock appears to be undervalued. The current stock price of ₹116.80 is trading 44.5% below its estimated GF Value™ of ₹210.49. GuruFocus considers Ajmera Realty & Infra India to be Significantly Undervalued.

Key valuation signals for BOM:513349:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹210.49 vs. price of ₹116.80 (44.5% below fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the BOM:513349 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajmera Realty & Infra India Business Description

Other Exchanges AJMERA:India
Address New Link Road, Citi Mall, 2nd Floor, Andheri (West), Mumbai, MH, IND, 400053
Ajmera Realty & Infra India Ltd is an Indian-based real estate development company. It is engaged in developing residential, commercial, and retail properties. It also deals with the generation and supply of electricity. Some of its projects include Ajmera Lugaano, Ajmera Nucleus, Ajmera I-Land, Ajmera Sikova, and Ajmera Greenfinity.
84GF Score

Get the complete analysis for BOM:513349

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

₹116.80
Price
₹210.49
GF Value