Varvee Global (BOM:514274) Cyclically Adjusted PB Ratio: 1.48 (As of Sep. 16, 2026) — 640% Above Median

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BOM:514274 Varvee Global Ltd BOM:514274
49 GF Score
Price ₹66.12
GF Value ₹56.10
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Varvee Global Cyclically Adjusted PB Ratio?

Varvee Global BOM:514274 -1.49% 49 Cyclically Adjusted PB Ratio is 1.48 as of Sep. 16, 2026, which is 640% above its 10-year median of 0.20. GuruFocus rates BOM:514274 with a GF Score™ of 49/100 and a GF Value™ of ₹56.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Varvee Global ranks worse than 157480.16% on this metric.

As of today (2026-09-16), Varvee Global's current share price is ₹66.12. Varvee Global's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹44.76. Varvee Global's Cyclically Adjusted PB Ratio for today is 1.48.

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

During the past years, Varvee Global's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.07. And the median was 0.20.

BOM:514274's Cyclically Adjusted PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.93
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Varvee Global's adjusted book value per share data for the three months ended in Jun. 2026 was ₹0.000. 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 ₹44.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Varvee Global  (BOM:514274) 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.


Varvee Global Cyclically Adjusted PB Ratio Related Terms


Varvee Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Varvee Global'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.

Varvee Global Cyclically Adjusted PB Ratio Chart

Varvee Global 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 0.18 0.15 0.21 1.46 1.06

Varvee Global 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 1.48 1.65 1.41 1.06 1.42

Varvee Global Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Varvee Global'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.


Varvee Global Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:514274
49GF Score
Varvee Global Ltd BOM:514274
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varvee Global 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.

Varvee Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.12/44.759
=1.48

* 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.

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

For example, Varvee Global'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.

Varvee Global Quarterly Data

Book Value per Share CPI Adj_Book
201509 55.227 101.753 90.834
201512 0.000 102.901 0.000
201603 56.243 102.518 91.815
201606 0.000 105.961 0.000
201609 59.323 105.961 93.696
201612 0.000 105.196 0.000
201703 56.714 105.196 90.227
201706 0.000 107.109 0.000
201709 57.345 109.021 88.030
201712 0.000 109.404 0.000
201803 57.905 109.786 88.270
201906 0.000 120.880 0.000
201909 49.343 123.175 67.042
201912 0.000 126.235 0.000
202003 49.230 124.705 66.068
202006 0.000 127.000 0.000
202009 41.429 130.118 53.286
202012 0.000 130.889 0.000
202103 35.728 131.771 45.377
202106 0.000 134.084 0.000
202109 32.485 135.847 40.020
202112 0.000 138.161 0.000
202203 26.926 138.822 32.461
202206 0.000 142.347 0.000
202209 21.086 144.661 24.394
202212 0.000 145.763 0.000
202303 13.087 146.865 14.913
202306 0.000 150.280 0.000
202309 6.360 151.492 7.026
202312 0.000 152.924 0.000
202403 3.665 153.035 4.008
202406 0.000 155.789 0.000
202409 10.241 157.882 10.856
202412 0.000 158.323 0.000
202503 7.618 157.552 8.092
202506 0.000 159.755 0.000
202509 21.839 162.289 22.521
202512 0.000 163.281 0.000
202603 14.945 164.272 15.226
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.

What does a Cyclically Adjusted PB Ratio of 1.48 mean?
Varvee Global (BOM:514274) has a Cyclically Adjusted PB Ratio of 1.48 as of Sep. 16, 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 Varvee Global and its competitors. This is 640% above median its historical median of 0.20. Over the past decade, Varvee Global's Cyclically Adjusted PB Ratio has ranged from 0.07 to 1.67. According to the industry distribution chart, Varvee Global ranks #999999 out of 635 companies in the Manufacturing - Apparel & Accessories industry.
Is Varvee Global's Cyclically Adjusted PB Ratio too high?
Varvee Global's current Cyclically Adjusted PB Ratio of 1.48 is 640% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.67. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.93. Varvee Global's value of 1.48 is 59.1% above this industry median. Based on the distribution chart, Varvee Global ranks #999999 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Varvee Global has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Varvee Global ranks #999999 out of 635 companies for Cyclically Adjusted PB Ratio. This places Varvee Global in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.93. Varvee Global's value of 1.48 is 59.1% above this benchmark. Historically, Varvee Global's own Cyclically Adjusted PB Ratio has ranged from 0.07 to 1.67 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.93, Varvee Global has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.93, based on 635 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. Varvee Global's current Cyclically Adjusted PB Ratio of 1.48 is 59.1% above 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 Varvee Global and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varvee Global's current Cyclically Adjusted PB Ratio is 1.48, which is 640% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (BOM:514274) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹56.10, compared to a current price of ₹66.12 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.48, which is 640% above median its 10-year median of 0.20 and 59.1% above the Manufacturing - Apparel & Accessories industry median of 0.93. Varvee Global's overall GF Score™ is 49/100 with 4 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 Varvee Global (BOM:514274), the current Cyclically Adjusted PB Ratio is 1.48 as of Sep. 16, 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 Varvee Global (BOM:514274) Overvalued in 2026?

Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued. The current stock price of ₹66.12 is trading 17.9% above its estimated GF Value™ of ₹56.10. GuruFocus considers Varvee Global to be Modestly Overvalued.

Key valuation signals for BOM:514274:

  • Cyclically Adjusted PB Ratio: 1.48 (640% above median its 10-year median of 0.20)
  • GF Value™: ₹56.10 vs. price of ₹66.12 (17.9% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 59.1% above the Manufacturing - Apparel & Accessories median (#999999 of 635)

No single metric tells the full story. See the BOM:514274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varvee Global Business Description

Other Exchanges VGL:India
Address 188/2, Ranipur Village, Opposite CNI Church, Narol, Ahmedabad, GJ, IND, 382 405
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
49GF Score

Get the complete analysis for BOM:514274

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

₹66.12
Price
₹56.10
GF Value