Cranex (BOM:522001) Cyclically Adjusted PB Ratio: (As of Sep. 03, 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:522001 Cranex Ltd BOM:522001
72 GF Score
Price ₹77.35
GF Value ₹78.95
Valuation Fairly Valued
! 6 Warning Signs
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What is Cranex Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cranex  (BOM:522001) 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.


Cranex Cyclically Adjusted PB Ratio Related Terms


Cranex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cranex'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.

Cranex Cyclically Adjusted PB Ratio Chart

Cranex 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 1.64 1.88 3.57 5.40 3.10

Cranex 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 4.47 0.00 3.10 0.00

BOM:522001 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Cranex'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.


Cranex Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cranex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:522001
72GF Score
Cranex Ltd BOM:522001
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cranex 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.

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

For example, Cranex'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.

Cranex Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 8.953 105.961 14.141
201612 0.000 105.196 0.000
201703 9.722 105.196 15.467
201706 0.000 107.109 0.000
201709 10.195 109.021 15.650
201712 0.000 109.404 0.000
201803 10.666 109.786 16.259
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 11.725 118.202 16.601
201906 0.000 120.880 0.000
201909 12.521 123.175 17.012
201912 0.000 126.235 0.000
202003 12.910 124.705 17.326
202006 0.000 127.000 0.000
202009 12.910 130.118 16.605
202012 0.000 130.889 0.000
202103 14.110 131.771 17.921
202106 0.000 134.084 0.000
202109 13.784 135.847 16.981
202112 0.000 138.161 0.000
202203 15.263 138.822 18.400
202206 0.000 142.347 0.000
202209 15.675 144.661 18.134
202212 0.000 145.763 0.000
202303 15.501 146.865 17.664
202306 0.000 150.280 0.000
202309 16.409 151.492 18.127
202312 0.000 152.924 0.000
202403 18.006 153.035 19.691
202406 0.000 155.789 0.000
202409 19.532 157.882 20.704
202412 0.000 158.323 0.000
202503 36.822 157.552 39.114
202506 0.000 159.755 0.000
202509 38.272 162.289 39.467
202512 0.000 163.281 0.000
202603 40.661 164.272 41.425
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 Cranex (BOM:522001) Overvalued in 2026?

Based on GuruFocus' analysis, Cranex stock appears to be undervalued. The current stock price of ₹77.35 is trading 2% below its estimated GF Value™ of ₹78.95. GuruFocus considers Cranex to be Fairly Valued.

Key valuation signals for BOM:522001:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹78.95 vs. price of ₹77.35 (2% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the BOM:522001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cranex Business Description

Address 57/1, Industrial Area, Site-IV, Ghaziabad District, Sahibabad, UP, IND, 201010
Cranex Ltd is engaged in the manufacturing and selling of cranes and their parts in India. It also provides after-sales maintenance services. The company's only operating segment is the Manufacture of EOT Cranes and installation of escalators. It supplies the products to Government and Private sector industries. its product offerings include Double girder cranes, Single girder cranes, Jib cranes, Gantry cranes, Escalators and moving walkways, Elevators, and Railway products.
72GF Score

Get the complete analysis for BOM:522001

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

₹77.35
Price
₹78.95
GF Value