Munjal Auto Industries (BOM:520059) Cyclically Adjusted PB Ratio: (As of Sep. 12, 2026)

Author: Vera Yuan 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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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:520059 Munjal Auto Industries Ltd BOM:520059
73 GF Score
Price ₹106.70
GF Value ₹109.80
Valuation Fairly Valued
! 2 Warning Signs
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What is Munjal Auto Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Munjal Auto Industries  (BOM:520059) 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.


Munjal Auto Industries Cyclically Adjusted PB Ratio Related Terms


Munjal Auto Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Munjal Auto 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.

Munjal Auto Industries Cyclically Adjusted PB Ratio Chart

Munjal Auto 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 1.27 1.07 2.18 1.76 1.65

Munjal Auto 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 2.58 0.00 1.65 0.00

BOM:520059 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Munjal Auto 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.


Munjal Auto Industries Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


BOM:520059
73GF Score
Munjal Auto Industries Ltd BOM:520059
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Munjal Auto 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.

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

For example, Munjal Auto 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.

Munjal Auto Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.500 105.961 37.116
201612 0.000 105.196 0.000
201703 25.287 105.196 40.229
201706 0.000 107.109 0.000
201709 26.208 109.021 40.232
201712 0.000 109.404 0.000
201803 28.265 109.786 43.087
201806 0.000 111.317 0.000
201809 28.330 115.142 41.177
201812 0.000 115.142 0.000
201903 29.711 118.202 42.067
201906 0.000 120.880 0.000
201909 29.117 123.175 39.561
201912 0.000 126.235 0.000
202003 28.893 124.705 38.775
202006 0.000 127.000 0.000
202009 28.508 130.118 36.667
202012 0.000 130.889 0.000
202103 31.053 131.771 39.439
202106 0.000 134.084 0.000
202109 32.068 135.847 39.506
202112 0.000 138.161 0.000
202203 33.749 138.822 40.686
202206 0.000 142.347 0.000
202209 38.094 144.661 44.071
202212 0.000 145.763 0.000
202303 38.433 146.865 43.796
202306 0.000 150.280 0.000
202309 38.838 151.492 42.905
202312 0.000 152.924 0.000
202403 40.119 153.035 43.874
202406 0.000 155.789 0.000
202409 41.069 157.882 43.534
202412 0.000 158.323 0.000
202503 41.570 157.552 44.157
202506 0.000 159.755 0.000
202509 43.160 162.289 44.508
202512 0.000 163.281 0.000
202603 44.755 164.272 45.595
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 Munjal Auto Industries (BOM:520059) Overvalued in 2026?

Based on GuruFocus' analysis, Munjal Auto Industries stock appears to be undervalued. The current stock price of ₹106.70 is trading 2.8% below its estimated GF Value™ of ₹109.80. GuruFocus considers Munjal Auto Industries to be Fairly Valued.

Key valuation signals for BOM:520059:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹109.80 vs. price of ₹106.70 (2.8% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the BOM:520059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munjal Auto Industries Business Description

Other Exchanges MUNJALAU:India
Address Unitech Business Zone, 2nd Floor, Tower C, Nirvana Country, South City - 2, Sector - 50, Gurugram, HR, IND, 122018
Munjal Auto Industries Ltd is an India-based company. It offers an exhaust system or mufflers for two-wheelers. The company is engaged in the manufacture of wheels, rims, fuel tanks, and other components for auto industries. Its product range for 2-3 wheelers includes Steel Wheel Rim and Spoke Wheel Rim. Its product range for four-wheelers includes fuel tank assembly, seat structure system, side step assembly, and other products. Some of the company's facilities offered by the company include an engineering and tool room, which includes a central tool room and technical center, a tool design center and tool manufacturing, and a fuel tank manufacturing line. Its operations fall under a single segment namely Manufacturing of Auto Components. The company generates majority revenue from India.
73GF Score

Get the complete analysis for BOM:520059

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

₹106.70
Price
₹109.80
GF Value