Pan Electronics (India) (BOM:517397) Cyclically Adjusted PB Ratio: (As of Aug. 29, 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:517397 Pan Electronics (India) Ltd BOM:517397
37 GF Score
Price ₹25.50
GF Value ₹33.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Pan Electronics (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Electronics (India)  (BOM:517397) 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.


Pan Electronics (India) Cyclically Adjusted PB Ratio Related Terms


Pan Electronics (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pan Electronics (India)'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.

Pan Electronics (India) Cyclically Adjusted PB Ratio Chart

Pan Electronics (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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Pan Electronics (India) 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 0.00 0.00 0.00 0.00 0.00

BOM:517397 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Pan Electronics (India)'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.


Pan Electronics (India) Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Pan Electronics (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pan Electronics (India)'s Cyclically Adjusted PB Ratio falls into.


BOM:517397
37GF Score
Pan Electronics (India) Ltd BOM:517397
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Electronics (India) 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.

Pan Electronics (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Pan Electronics (India)'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)
=-72.262/167.3573*167.3573
=-72.262

Current CPI (Jun. 2026) = 167.3573.

Pan Electronics (India) Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.122 105.961 55.472
201612 0.000 105.196 0.000
201703 32.219 105.196 51.258
201706 0.000 107.109 0.000
201709 29.295 109.021 44.970
201712 0.000 109.404 0.000
201803 28.205 109.786 42.995
201806 0.000 111.317 0.000
201809 26.422 115.142 38.404
201812 25.425 115.142 36.955
201903 24.381 118.202 34.520
201906 0.000 120.880 0.000
201909 22.725 123.175 30.876
201912 21.525 126.235 28.537
202003 18.738 124.705 25.147
202006 17.650 127.000 23.259
202009 16.150 130.118 20.772
202012 -26.150 130.889 -33.436
202103 -26.976 131.771 -34.261
202106 -29.350 134.084 -36.633
202109 -31.100 135.847 -38.314
202112 -33.950 138.161 -41.124
202203 -36.238 138.822 -43.687
202206 -38.075 142.347 -44.765
202209 -40.498 144.661 -46.852
202212 -43.540 145.763 -49.990
202303 -47.602 146.865 -54.244
202306 -50.140 150.280 -55.838
202309 -31.335 151.492 -34.617
202312 0.000 152.924 0.000
202403 -56.660 153.035 -61.963
202406 -61.262 155.789 -65.811
202409 -63.855 157.882 -67.687
202412 0.000 158.323 0.000
202503 -66.017 157.552 -70.126
202506 -66.157 159.755 -69.305
202509 -68.187 162.289 -70.316
202512 -69.279 163.281 -71.009
202603 -71.231 164.272 -72.569
202606 -72.262 167.357 -72.262

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 Pan Electronics (India) (BOM:517397) Overvalued in 2026?

Based on GuruFocus' analysis, Pan Electronics (India) stock appears to be undervalued. The current stock price of ₹25.50 is trading 24.7% below its estimated GF Value™ of ₹33.85. GuruFocus considers Pan Electronics (India) to be Modestly Undervalued.

Key valuation signals for BOM:517397:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹33.85 vs. price of ₹25.50 (24.7% below fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the BOM:517397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pan Electronics (India) Business Description

Address Phase-1, Pipeline Road, No. 16B, Peenya lndustrial area, Bengaluru, KA, IND, 560058
Pan Electronics (India) Ltd is a manufacturer specializing in MPP films and capacitors, using robust aluminum construction for its products. The capacitors are designed to provide low DPPM (Defective Parts Per Million) in the field, stable capacitance, and low energy consumption, leveraging MPP film technology for self-healing capabilities. Its products include fan capacitors, motor start and run capacitors, air conditioning capacitors, washing machine capacitors, lighting capacitors, submersible pump capacitors, as well as power factor correction capacitors in both box-type and cylindrical designs.
37GF Score

Get the complete analysis for BOM:517397

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

₹25.50
Price
₹33.85
GF Value