Glittek Granites (BOM:513528) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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:513528 Glittek Granites Ltd BOM:513528
32 GF Score
Price ₹71.40
GF Value ₹0.05
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Glittek Granites Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Glittek Granites  (BOM:513528) 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.


Glittek Granites Cyclically Adjusted PB Ratio Related Terms


Glittek Granites Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Glittek Granites'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.

Glittek Granites Cyclically Adjusted PB Ratio Chart

Glittek Granites 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 0.46 0.37 0.40 0.64 5.42

Glittek Granites 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 1.03 1.41 1.68 5.57 6.05

BOM:513528 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Glittek Granites'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.


Glittek Granites Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Glittek Granites's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:513528
32GF Score
Glittek Granites Ltd BOM:513528
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glittek Granites 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.

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

For example, Glittek Granites'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Glittek Granites Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.390 105.961 11.672
201612 105.196 0.000
201703 7.309 105.196 11.628
201706 107.109 0.000
201709 7.488 109.021 11.495
201712 109.404 0.000
201803 7.735 109.786 11.791
201806 111.317 0.000
201809 7.486 115.142 10.881
201812 115.142 0.000
201903 7.064 118.202 10.002
201906 120.880 0.000
201909 7.149 123.175 9.713
201912 126.235 0.000
202003 6.599 124.705 8.856
202006 127.000 0.000
202009 6.080 130.118 7.820
202012 130.889 0.000
202103 5.392 131.771 6.848
202106 134.084 0.000
202109 4.552 135.847 5.608
202112 138.161 0.000
202203 4.530 138.822 5.461
202206 142.347 0.000
202209 3.904 144.661 4.517
202212 145.763 0.000
202303 4.259 146.865 4.853
202306 150.280 0.000
202309 3.652 151.492 4.034
202312 152.924 0.000
202403 1.911 153.035 2.090
202406 155.789 0.000
202409 -4.126 157.882 -4.374
202412 158.323 0.000
202503 4.444 157.552 4.721
202506 159.755 0.000
202509 4.365 162.289 4.501
202512 163.281 0.000
202603 4.216 164.272 4.295
202606 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 Glittek Granites (BOM:513528) Overvalued in 2026?

Based on GuruFocus' analysis, Glittek Granites stock appears to be overvalued. The current stock price of ₹71.40 is trading 142700% above its estimated GF Value™ of ₹0.05. GuruFocus considers Glittek Granites to be Significantly Overvalued.

Key valuation signals for BOM:513528:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹0.05 vs. price of ₹71.40 (142700% above fair value)
  • GF Score™: 32/100 with 4 warning signs

No single metric tells the full story. See the BOM:513528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glittek Granites Business Description

Address 224, A. J. C. Bose Road, Krishna - 711, Kolkata, WB, IND, 700017
Glittek Granites Ltd is engaged in the manufacturing of granite tiles and slabs. It is engaged in the processing and export of granite, marble, sandstone, and other stone products. The company offers granite tiles, such as Black Pearl, Hassan Green, Imperial White, Ivory Chiffon, Kashmir Gold, Madura Gold, and many more. The main markets for the company's product are the USA, South Africa, Canada, the UK, UAE, Europe, and Australia.
32GF Score

Get the complete analysis for BOM:513528

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

₹71.40
Price
₹0.05
GF Value