KEI Industries (BOM:517569) Cyclically Adjusted PB Ratio: (As of Aug. 31, 2026)

Author: Vera Yuan Vera Yuan
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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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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:517569 KEI Industries Ltd BOM:517569
95 GF Score
Price ₹5,567.35
GF Value ₹5,198.77
Valuation Fairly Valued
! 7 Warning Signs
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What is KEI Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KEI Industries  (BOM:517569) 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.


KEI Industries Cyclically Adjusted PB Ratio Related Terms


KEI Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KEI 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.

KEI Industries Cyclically Adjusted PB Ratio Chart

KEI Industries 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 11.78 12.53 20.96 13.59 14.24

KEI Industries 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 16.37 0.00 14.24 0.00

BOM:517569 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, KEI 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.


KEI Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KEI Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:517569
95GF Score
KEI Industries Ltd BOM:517569
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KEI 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.

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

For example, KEI Industries'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.

KEI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201503 39.340 97.163 67.761
201506 0.000 99.841 0.000
201509 42.901 101.753 70.561
201512 0.000 102.901 0.000
201603 47.038 102.518 76.788
201703 59.267 105.196 94.288
201803 77.168 109.786 117.634
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 98.581 118.202 139.577
201906 0.000 120.880 0.000
201909 112.111 123.175 152.325
201912 0.000 126.235 0.000
202003 168.396 124.705 225.992
202006 0.000 127.000 0.000
202009 181.156 130.118 233.002
202012 0.000 130.889 0.000
202103 197.425 131.771 250.743
202106 0.000 134.084 0.000
202109 215.190 135.847 265.104
202112 0.000 138.161 0.000
202203 237.005 138.822 285.723
202206 0.000 142.347 0.000
202209 259.878 144.661 300.651
202212 0.000 145.763 0.000
202303 287.075 146.865 327.132
202306 0.000 150.280 0.000
202309 316.745 151.492 349.917
202312 0.000 152.924 0.000
202403 348.873 153.035 381.525
202406 0.000 155.789 0.000
202409 382.966 157.882 405.949
202412 0.000 158.323 0.000
202503 605.502 157.552 643.187
202506 0.000 159.755 0.000
202509 647.279 162.289 667.493
202512 0.000 163.281 0.000
202603 697.163 164.272 710.255
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 KEI Industries (BOM:517569) Overvalued in 2026?

Based on GuruFocus' analysis, KEI Industries stock appears to be overvalued. The current stock price of ₹5,567.35 is trading 7.1% above its estimated GF Value™ of ₹5,198.77. GuruFocus considers KEI Industries to be Fairly Valued.

Key valuation signals for BOM:517569:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹5,198.77 vs. price of ₹5,567.35 (7.1% above fair value)
  • GF Score™: 95/100 with 7 warning signs

No single metric tells the full story. See the BOM:517569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KEI Industries Business Description

Other Exchanges KEI:India
Address D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020
KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires. Geographically, it derives the majority of its revenue from India.
95GF Score

Get the complete analysis for BOM:517569

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

₹5,567.35
Price
₹5,198.77
GF Value