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Lumax Industries (BOM:517206) Cyclically Adjusted PB Ratio : 6.16 (As of Jul. 10, 2025)


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What is Lumax Industries Cyclically Adjusted PB Ratio?

As of today (2025-07-10), Lumax Industries's current share price is ₹3607.65. Lumax Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹585.77. Lumax Industries's Cyclically Adjusted PB Ratio for today is 6.16.

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

BOM:517206' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 4.18   Max: 6.27
Current: 6.22

During the past years, Lumax Industries's highest Cyclically Adjusted PB Ratio was 6.27. The lowest was 2.08. And the median was 4.18.

BOM:517206's Cyclically Adjusted PB Ratio is ranked worse than
88.45% of 1022 companies
in the Vehicles & Parts industry
Industry Median: 1.31 vs BOM:517206: 6.22

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.

Lumax Industries's adjusted book value per share data for the three months ended in Mar. 2025 was ₹828.289. 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 ₹585.77 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumax Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lumax Industries'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.

* Premium members only.

Lumax Industries Cyclically Adjusted PB Ratio Chart

Lumax Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 2.11 3.80 4.59 4.31

Lumax Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.59 - 4.63 - 4.31

Competitive Comparison of Lumax Industries's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Lumax Industries'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.


Lumax Industries's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lumax Industries 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.

Lumax Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3607.65/585.77
=6.16

* 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.

Lumax Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Lumax Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=828.289/157.5517*157.5517
=828.289

Current CPI (Mar. 2025) = 157.5517.

Lumax Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 213.053 101.753 329.885
201512 0.000 102.901 0.000
201603 273.777 102.518 420.745
201606 0.000 105.961 0.000
201609 320.324 105.961 476.284
201612 0.000 105.196 0.000
201703 330.679 105.196 495.257
201706 0.000 107.109 0.000
201709 351.016 109.021 507.269
201712 0.000 109.404 0.000
201803 387.246 109.786 555.727
201806 0.000 111.317 0.000
201809 399.681 115.142 546.894
201812 0.000 115.142 0.000
201903 465.230 118.202 620.106
201906 0.000 120.880 0.000
201909 460.300 123.175 588.764
201912 0.000 126.235 0.000
202003 477.608 124.705 603.407
202006 0.000 127.000 0.000
202009 445.079 130.118 538.919
202012 0.000 130.889 0.000
202103 492.547 131.771 588.915
202106 0.000 134.084 0.000
202109 492.399 135.847 571.071
202112 0.000 138.161 0.000
202203 526.042 138.822 597.016
202206 0.000 142.347 0.000
202209 567.044 144.661 617.573
202212 0.000 145.763 0.000
202303 624.283 146.865 669.711
202306 0.000 150.280 0.000
202309 650.697 151.492 676.725
202312 0.000 152.924 0.000
202403 718.387 153.035 739.592
202406 0.000 155.789 0.000
202409 744.777 157.882 743.218
202412 0.000 158.323 0.000
202503 828.289 157.552 828.289

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.


Lumax Industries  (BOM:517206) 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.


Lumax Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Lumax Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lumax Industries Business Description

Traded in Other Exchanges
Address
Plot No. - 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four wheelers and two wheeler applications in India .The Company's business activity falls within a single business segment which is manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to domestic and overseas market, of which a majority of revenue is derived within India.

Lumax Industries Headlines

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