ITL Industries (BOM:522183) Cyclically Adjusted PB Ratio: (As of Sep. 01, 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:522183 ITL Industries Ltd BOM:522183
75 GF Score
Price ₹369.55
GF Value ₹449.51
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ITL Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ITL Industries  (BOM:522183) 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.


ITL Industries Cyclically Adjusted PB Ratio Related Terms


ITL Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ITL 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.

ITL Industries Cyclically Adjusted PB Ratio Chart

ITL 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 0.00 0.00 0.00 2.26 1.40

ITL 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 1.93 0.00 1.40 0.00

BOM:522183 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, ITL 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.


ITL Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:522183
75GF Score
ITL Industries Ltd BOM:522183
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITL 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.

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

For example, ITL 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.

ITL Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 63.159 91.425 115.615
201503 70.236 97.163 120.977
201603 76.325 102.518 124.598
201606 0.000 105.961 0.000
201703 87.209 105.196 138.742
201706 0.000 107.109 0.000
201803 102.814 109.786 156.729
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 125.428 118.202 177.588
201906 0.000 120.880 0.000
201909 131.122 123.175 178.155
201912 0.000 126.235 0.000
202003 138.558 124.705 185.948
202006 0.000 127.000 0.000
202009 142.229 130.118 182.935
202012 0.000 130.889 0.000
202103 153.059 131.771 194.395
202106 0.000 134.084 0.000
202109 161.092 135.847 198.458
202112 0.000 138.161 0.000
202203 171.091 138.822 206.260
202206 0.000 142.347 0.000
202209 182.835 144.661 211.520
202212 0.000 145.763 0.000
202303 195.125 146.865 222.352
202306 0.000 150.280 0.000
202309 207.132 151.492 228.824
202312 0.000 152.924 0.000
202403 223.391 153.035 244.299
202406 0.000 155.789 0.000
202409 239.140 157.882 253.492
202412 0.000 158.323 0.000
202503 250.174 157.552 265.744
202506 0.000 159.755 0.000
202509 266.561 162.289 274.885
202512 0.000 163.281 0.000
202603 276.437 164.272 281.628
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 ITL Industries (BOM:522183) Overvalued in 2026?

Based on GuruFocus' analysis, ITL Industries stock appears to be undervalued. The current stock price of ₹369.55 is trading 17.8% below its estimated GF Value™ of ₹449.51. GuruFocus considers ITL Industries to be Modestly Undervalued.

Key valuation signals for BOM:522183:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹449.51 vs. price of ₹369.55 (17.8% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the BOM:522183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITL Industries Business Description

Other Exchanges ITL:India
Address 111, Sector -B, Sanwer Road, Industrial Area, Indore, MP, IND, 452015
ITL Industries Ltd is an India-based company engaged in designing, developing, and creating cutting-edge custom-built engineering equipment. It has two operating segments, Machine Manufacturing, which is the key revenue driver; and Trading Activities. The product portfolio includes Blades, Bandsaw, Circular sawing machines, Pipe manufacturing machines, and Power hacksaw machines, among others.
75GF Score

Get the complete analysis for BOM:522183

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

₹369.55
Price
₹449.51
GF Value