The Hi-Tech Gears (BOM:522073) Cyclically Adjusted PB Ratio: (As of Aug. 28, 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.
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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:522073 The Hi-Tech Gears Ltd BOM:522073
72 GF Score
Price ₹555.30
GF Value ₹664.02
Valuation Modestly Undervalued
! 2 Warning Signs
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What is The Hi-Tech Gears Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Hi-Tech Gears  (BOM:522073) 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.


The Hi-Tech Gears Cyclically Adjusted PB Ratio Related Terms


The Hi-Tech Gears Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Hi-Tech Gears'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.

The Hi-Tech Gears Cyclically Adjusted PB Ratio Chart

The Hi-Tech Gears 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 1.36 1.46 4.27 3.10 2.59

The Hi-Tech Gears 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 3.59 0.00 2.59 0.00

BOM:522073 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, The Hi-Tech Gears'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.


The Hi-Tech Gears Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Hi-Tech Gears's Cyclically Adjusted PB Ratio falls into.


BOM:522073
72GF Score
The Hi-Tech Gears Ltd BOM:522073
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hi-Tech Gears 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.

The Hi-Tech Gears's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Hi-Tech Gears'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.

The Hi-Tech Gears Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.000 102.901 0.000
201603 106.246 102.518 173.443
201606 0.000 105.961 0.000
201609 110.986 105.961 175.294
201612 0.000 105.196 0.000
201703 107.350 105.196 170.784
201803 128.323 109.786 195.614
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 144.788 118.202 204.999
201906 0.000 120.880 0.000
201909 148.591 123.175 201.890
201912 0.000 126.235 0.000
202003 147.180 124.705 197.519
202006 0.000 127.000 0.000
202009 147.209 130.118 189.340
202012 0.000 130.889 0.000
202103 170.895 131.771 217.048
202106 0.000 134.084 0.000
202109 171.491 135.847 211.269
202112 0.000 138.161 0.000
202203 176.227 138.822 212.451
202206 0.000 142.347 0.000
202209 177.796 144.661 205.691
202212 0.000 145.763 0.000
202303 188.846 146.865 215.197
202306 0.000 150.280 0.000
202309 231.635 151.492 255.893
202312 0.000 152.924 0.000
202403 248.244 153.035 271.478
202406 0.000 155.789 0.000
202409 260.572 157.882 276.210
202412 0.000 158.323 0.000
202503 257.317 157.552 273.332
202506 0.000 159.755 0.000
202509 265.399 162.289 273.687
202512 0.000 163.281 0.000
202603 277.792 164.272 283.009
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 The Hi-Tech Gears (BOM:522073) Overvalued in 2026?

Based on GuruFocus' analysis, The Hi-Tech Gears stock appears to be undervalued. The current stock price of ₹555.30 is trading 16.4% below its estimated GF Value™ of ₹664.02. GuruFocus considers The Hi-Tech Gears to be Modestly Undervalued.

Key valuation signals for BOM:522073:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹664.02 vs. price of ₹555.30 (16.4% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the BOM:522073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Hi-Tech Gears Business Description

Other Exchanges HITECHGEAR:India
Address Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzers, clutches, steering wheels, steering columns, and steering boxes. The company's product includes power takeoff, car transmission, and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.
72GF Score

Get the complete analysis for BOM:522073

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

₹555.30
Price
₹664.02
GF Value