Athena Global Technologies (BOM:517429) Cyclically Adjusted PB Ratio: (As of Sep. 10, 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.
Reviewed by: Charlie Tian Charlie Tian
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:517429 Athena Global Technologies Ltd BOM:517429
44 GF Score
Price ₹51.60
GF Value ₹79.90
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Athena Global Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Athena Global Technologies  (BOM:517429) 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.


Athena Global Technologies Cyclically Adjusted PB Ratio Related Terms


Athena Global Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Athena Global Technologies'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.

Athena Global Technologies Cyclically Adjusted PB Ratio Chart

Athena Global Technologies 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 0.00 7.31 2.58

Athena Global Technologies 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 5.29 0.00 2.58 0.00

BOM:517429 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Athena Global Technologies'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.


Athena Global Technologies Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Athena Global Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:517429
44GF Score
Athena Global Technologies Ltd BOM:517429
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Athena Global Technologies 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.

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

For example, Athena Global Technologies'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Athena Global Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 -13.030 105.961 -20.580
201612 0.000 105.196 0.000
201703 -10.381 105.196 -16.515
201706 0.000 107.109 0.000
201709 -10.721 109.021 -16.458
201712 0.000 109.404 0.000
201803 -7.968 109.786 -12.146
201806 0.000 111.317 0.000
201809 -6.856 115.142 -9.965
201812 0.000 115.142 0.000
201903 -8.133 118.202 -11.515
201906 0.000 120.880 0.000
201909 -11.257 123.175 -15.295
201912 0.000 126.235 0.000
202003 -9.555 124.705 -12.823
202006 0.000 127.000 0.000
202009 -12.668 130.118 -16.294
202012 0.000 130.889 0.000
202103 4.478 131.771 5.687
202106 0.000 134.084 0.000
202109 -16.881 135.847 -20.797
202112 8.252 138.161 9.996
202203 6.331 138.822 7.632
202206 0.000 142.347 0.000
202209 -1.421 144.661 -1.644
202212 0.000 145.763 0.000
202303 -7.679 146.865 -8.750
202306 0.000 150.280 0.000
202309 -16.822 151.492 -18.584
202312 0.000 152.924 0.000
202403 142.365 153.035 155.689
202406 0.000 155.789 0.000
202409 138.897 157.882 147.233
202412 0.000 158.323 0.000
202503 128.227 157.552 136.208
202506 0.000 159.755 0.000
202509 98.600 162.289 101.679
202512 0.000 163.281 0.000
202603 96.136 164.272 97.941
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.

Is Athena Global Technologies (BOM:517429) Overvalued in 2026?

Based on GuruFocus' analysis, Athena Global Technologies stock appears to be undervalued. The current stock price of ₹51.60 is trading 35.4% below its estimated GF Value™ of ₹79.90. GuruFocus considers Athena Global Technologies to be Possible Value Trap.

Key valuation signals for BOM:517429:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹79.90 vs. price of ₹51.60 (35.4% below fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the BOM:517429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Athena Global Technologies Business Description

Address Sy.No 8A & 8B1 in Survey Nos. 83/1, Serilingampally Mandal, 2nd Floor, Unit No. 203, Gowra Palladium, Ranga Reddy District, Hyderabad, TG, IND, 500081
Athena Global Technologies Ltd is a software development company. It is principally engaged in offering software development and consulting services. The company offers services such as application development, chatbots and voice bots, robotic process automation, IoT-based solutions, data science, blockchain, artificial intelligence, product engineering, and QA and testing. It caters to various industries, including financial, healthcare, oil, and pharmaceuticals, retail, business services, education, IT, and government. The company operates in two segments: Software services and Real Estate. It generates the majority of its revenue from the Software services segment.
44GF Score

Get the complete analysis for BOM:517429

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

₹51.60
Price
₹79.90
GF Value