Vardhman Polytex (BOM:514175) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:514175 Vardhman Polytex Ltd BOM:514175
47 GF Score
Price ₹6.27
GF Value ₹4.91
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Vardhman Polytex Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vardhman Polytex  (BOM:514175) 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.


Vardhman Polytex Cyclically Adjusted PB Ratio Related Terms


Vardhman Polytex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vardhman Polytex'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.

Vardhman Polytex Cyclically Adjusted PB Ratio Chart

Vardhman Polytex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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Vardhman Polytex 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 0.00 0.00 0.00 0.00 0.00

Vardhman Polytex Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Polytex'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.


Vardhman Polytex Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Polytex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:514175
47GF Score
Vardhman Polytex Ltd BOM:514175
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Polytex 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.

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

For example, Vardhman Polytex'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)
=-4.082/164.2724*164.2724
=-4.082

Current CPI (Mar. 2026) = 164.2724.

Vardhman Polytex Quarterly Data

Book Value per Share CPI Adj_Book
201209 9.027 82.244 18.030
201212 0.000 83.774 0.000
201303 2.361 85.687 4.526
201306 0.000 88.365 0.000
201403 2.872 91.425 5.160
201503 1.124 97.163 1.900
201603 -1.206 102.518 -1.932
201703 -2.511 105.196 -3.921
201803 -9.323 109.786 -13.950
201806 0.000 111.317 0.000
201812 0.000 115.142 0.000
201903 -15.513 118.202 -21.559
201906 0.000 120.880 0.000
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 -11.512 124.705 -15.165
202006 0.000 127.000 0.000
202009 -13.165 130.118 -16.621
202012 0.000 130.889 0.000
202103 -13.790 131.771 -17.191
202106 0.000 134.084 0.000
202109 -13.881 135.847 -16.786
202112 0.000 138.161 0.000
202203 -14.387 138.822 -17.025
202206 0.000 142.347 0.000
202209 -14.672 144.661 -16.661
202212 0.000 145.763 0.000
202303 -14.337 146.865 -16.036
202306 0.000 150.280 0.000
202309 -13.661 151.492 -14.813
202312 0.000 152.924 0.000
202403 -11.669 153.035 -12.526
202406 0.000 155.789 0.000
202409 -12.002 157.882 -12.488
202412 0.000 158.323 0.000
202503 -4.955 157.552 -5.166
202506 0.000 159.755 0.000
202509 -4.807 162.289 -4.866
202512 0.000 163.281 0.000
202603 -4.082 164.272 -4.082

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 Vardhman Polytex (BOM:514175) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Polytex stock appears to be overvalued. The current stock price of ₹6.27 is trading 27.7% above its estimated GF Value™ of ₹4.91. GuruFocus considers Vardhman Polytex to be Modestly Overvalued.

Key valuation signals for BOM:514175:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹4.91 vs. price of ₹6.27 (27.7% above fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the BOM:514175 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vardhman Polytex Business Description

Other Exchanges VARDMNPOLY:India
Address Chandigarh Road, Vardhman Park, Ludhiana, PB, IND, 141123
Vardhman Polytex Ltd is an Indian company operating in the Textile industry. The company is engaged in the manufacturing and export of cotton fabric and branded yarn. It is also engaged in the Real Estate business. It has production facilities located in Bathinda, Ludhiana, and Nalagarh in India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns, fabrics, and garments including compact yarns, Organic Cotton Yarns, Dyed Yarns, polo t-shirts, round neck t-shirts, hoodies, and sweatshirts for men, women, and kids. It generates the majority of the revenue from the Textile Business. Geographically it covers the Indian and International Market.
47GF Score

Get the complete analysis for BOM:514175

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

₹6.27
Price
₹4.91
GF Value