Solid Stone Co (BOM:513699) Cyclically Adjusted PB Ratio: 0.49 (As of Aug. 23, 2026) — 26% Below Median

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BOM:513699 Solid Stone Co Ltd BOM:513699
59 GF Score
Price ₹25.39
GF Value ₹30.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Solid Stone Co Cyclically Adjusted PB Ratio?

Solid Stone Co BOM:513699 +3.63% 59 Cyclically Adjusted PB Ratio is 0.49 as of Aug. 23, 2026, which is 26% below its 10-year median of 0.66. GuruFocus rates BOM:513699 with a GF Score™ of 59/100 and a GF Value™ of ₹30.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 296 Building Materials companies, Solid Stone Co ranks better than 74.66% on this metric.

As of today (2026-08-23), Solid Stone Co's current share price is ₹25.39. Solid Stone Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹51.50. Solid Stone Co's Cyclically Adjusted PB Ratio for today is 0.49.

The historical rank and industry rank for Solid Stone Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:513699' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.66   Max: 0.77
Current: 0.49

During the past years, Solid Stone Co's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.47. And the median was 0.66.

BOM:513699's Cyclically Adjusted PB Ratio is ranked better than
74.66% of 296 companies
in the Building Materials industry
Industry Median: 0.98 vs BOM:513699: 0.49

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Solid Stone Co's adjusted book value per share data for the three months ended in Mar. 2026 was ₹42.550. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹51.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solid Stone Co  (BOM:513699) 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.


Solid Stone Co Cyclically Adjusted PB Ratio Related Terms


Solid Stone Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Solid Stone Co'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.

Solid Stone Co Cyclically Adjusted PB Ratio Chart

Solid Stone Co 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 0.63 0.68 0.46

Solid Stone Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.68 0.00 0.63 0.00 0.46

BOM:513699 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Solid Stone Co'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.


Solid Stone Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Solid Stone Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Solid Stone Co's Cyclically Adjusted PB Ratio falls into.


BOM:513699
59GF Score
Solid Stone Co Ltd BOM:513699
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Stone Co 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.

Solid Stone Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.39/51.50
=0.49

* 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.

Solid Stone Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Solid Stone Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=42.55/164.2724*164.2724
=42.550

Current CPI (Mar. 2026) = 164.2724.

Solid Stone Co Quarterly Data

Book Value per Share CPI Adj_Book
201209 56.918 82.244 113.687
201212 0.000 83.774 0.000
201303 28.420 85.687 54.485
201403 29.391 91.425 52.810
201503 33.189 97.163 56.112
201603 34.258 102.518 54.894
201703 35.987 105.196 56.197
201803 37.707 109.786 56.421
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 38.972 118.202 54.162
201906 0.000 120.880 0.000
201909 39.425 123.175 52.579
201912 0.000 126.235 0.000
202003 40.327 124.705 53.122
202006 0.000 127.000 0.000
202009 37.197 130.118 46.961
202012 0.000 130.889 0.000
202103 38.920 131.771 48.520
202106 0.000 134.084 0.000
202109 37.575 135.847 45.437
202112 0.000 138.161 0.000
202203 37.667 138.822 44.573
202206 0.000 142.347 0.000
202209 37.774 144.661 42.895
202212 0.000 145.763 0.000
202303 38.728 146.865 43.318
202306 0.000 150.280 0.000
202309 39.389 151.492 42.712
202312 0.000 152.924 0.000
202403 40.280 153.035 43.238
202406 0.000 155.789 0.000
202409 40.895 157.882 42.550
202412 0.000 158.323 0.000
202503 41.607 157.552 43.382
202506 0.000 159.755 0.000
202509 41.806 162.289 42.317
202512 0.000 163.281 0.000
202603 42.550 164.272 42.550

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.

What does a Cyclically Adjusted PB Ratio of 0.49 mean?
Solid Stone Co (BOM:513699) has a Cyclically Adjusted PB Ratio of 0.49 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Solid Stone Co and its competitors. This is 26% below median its historical median of 0.66. Over the past decade, Solid Stone Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 0.77. According to the industry distribution chart, Solid Stone Co ranks #75 out of 296 companies in the Building Materials industry, placing it in the top 25.3%.
Is Solid Stone Co's Cyclically Adjusted PB Ratio too high?
Solid Stone Co's current Cyclically Adjusted PB Ratio of 0.49 is 26% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.77. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Solid Stone Co's value of 0.49 is 50% below this industry median. Based on the distribution chart, Solid Stone Co ranks #75 out of 296 companies in the Building Materials industry, which is above the industry midpoint. Overall, Solid Stone Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Stone Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Solid Stone Co ranks #75 out of 296 companies for Cyclically Adjusted PB Ratio. This puts Solid Stone Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Solid Stone Co's value of 0.49 is 50% below this benchmark. Historically, Solid Stone Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 0.77 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.98, Solid Stone Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 296 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solid Stone Co's current Cyclically Adjusted PB Ratio of 0.49 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Solid Stone Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Stone Co's current Cyclically Adjusted PB Ratio is 0.49, which is 26% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Stone Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Stone Co (BOM:513699) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹30.11, compared to a current price of ₹25.39 — trading 15.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.49, which is 26% below median its 10-year median of 0.66 and 50% below the Building Materials industry median of 0.98. Solid Stone Co's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Solid Stone Co (BOM:513699), the current Cyclically Adjusted PB Ratio is 0.49 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Solid Stone Co (BOM:513699) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Stone Co stock appears to be undervalued. The current stock price of ₹25.39 is trading 15.7% below its estimated GF Value™ of ₹30.11. GuruFocus considers Solid Stone Co to be Modestly Undervalued.

Key valuation signals for BOM:513699:

  • Cyclically Adjusted PB Ratio: 0.49 (26% below median its 10-year median of 0.66)
  • GF Value™: ₹30.11 vs. price of ₹25.39 (15.7% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 50% below the Building Materials median (#75 of 296)

No single metric tells the full story. See the BOM:513699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Stone Co Business Description

Address 1501, Maker Chambers V, Nariman Point, Mumbai, MH, IND, 400 021
Solid Stone Co Ltd is engaged in the processing, sale, and trading of natural and semi-precious stones. The company's only reportable segment being natural stones, building material, and allied building activities. Its products include natural stones, granite, semi-precious stones, mosaics and others.
59GF Score

Get the complete analysis for BOM:513699

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

₹25.39
Price
₹30.11
GF Value