JTEKT India (BOM:520057) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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:520057 JTEKT India Ltd BOM:520057
76 GF Score
Price ₹115.65
GF Value ₹167.50
Valuation Significantly Undervalued
! 3 Warning Signs
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What is JTEKT India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JTEKT India  (BOM:520057) 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.


JTEKT India Cyclically Adjusted PB Ratio Related Terms


JTEKT India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JTEKT 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.

JTEKT India Cyclically Adjusted PB Ratio Chart

JTEKT India 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 2.54 3.32 5.44 3.72 3.40

JTEKT 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 4.31 4.87 4.17 3.40 3.86

BOM:520057 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, JTEKT 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.


JTEKT India Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


BOM:520057
76GF Score
JTEKT India Ltd BOM:520057
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTEKT 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.

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

For example, JTEKT 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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

JTEKT India Quarterly Data

Book Value per Share CPI Adj_Book
201509 21.548 101.753 35.441
201512 102.901 0.000
201603 22.590 102.518 36.877
201606 105.961 0.000
201609 23.249 105.961 36.720
201612 105.196 0.000
201703 25.026 105.196 39.814
201806 111.317 0.000
201809 115.142 0.000
201812 115.142 0.000
201903 24.701 118.202 34.973
201906 120.880 0.000
201909 24.247 123.175 32.944
201912 126.235 0.000
202003 24.884 124.705 33.395
202006 127.000 0.000
202009 23.327 130.118 30.003
202012 130.889 0.000
202103 24.983 131.771 31.730
202106 134.084 0.000
202109 25.210 135.847 31.058
202112 138.161 0.000
202203 26.462 138.822 31.901
202206 142.347 0.000
202209 27.721 144.661 32.070
202212 145.763 0.000
202303 29.361 146.865 33.458
202306 150.280 0.000
202309 30.578 151.492 33.780
202312 152.924 0.000
202403 31.614 153.035 34.573
202406 155.789 0.000
202409 32.346 157.882 34.287
202412 158.323 0.000
202503 33.853 157.552 35.960
202506 159.755 0.000
202509 41.012 162.289 42.293
202512 163.281 0.000
202603 42.748 164.272 43.551
202606 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 JTEKT India (BOM:520057) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT India stock appears to be undervalued. The current stock price of ₹115.65 is trading 31% below its estimated GF Value™ of ₹167.50. GuruFocus considers JTEKT India to be Significantly Undervalued.

Key valuation signals for BOM:520057:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹167.50 vs. price of ₹115.65 (31% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the BOM:520057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEKT India Business Description

Other Exchanges JTEKTINDIA:India
Address 38/6, NH-48, Delhi-Jaipur Road, Gurugram, HR, IND, 122001
JTEKT India Ltd is engaged in the manufacture of steering systems for the passenger car and utility vehicle markets in India. Its customers include vehicle manufacturers in India such as Maruti Suzuki, Toyota, Hyundai, Tata Motors, Mahindra and Mahindra, General Motors, and Mahindra-Renault. Its product offerings comprise steering, bearing, and machine tools. Along with India, the group exports its products to the markets of the United States, France, Brazil, Indonesia, and Japan.
76GF Score

Get the complete analysis for BOM:520057

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

₹115.65
Price
₹167.50
GF Value