Bemco Hydraulics (BOM:522650) Cyclically Adjusted PB Ratio: 9.18 (As of Aug. 15, 2026) — 27% Above Median

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:522650 Bemco Hydraulics Ltd BOM:522650
79 GF Score
Price ₹105.55
GF Value ₹87.60
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Bemco Hydraulics Cyclically Adjusted PB Ratio?

Bemco Hydraulics BOM:522650 +5.18% 79 Cyclically Adjusted PB Ratio is 9.18 as of Aug. 15, 2026, which is 27% above its 10-year median of 7.24. GuruFocus rates BOM:522650 with a GF Score™ of 79/100 and a GF Value™ of ₹87.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,219 Industrial Products companies, Bemco Hydraulics ranks worse than 92.29% on this metric.

As of today (2026-08-15), Bemco Hydraulics's current share price is ₹105.55. Bemco Hydraulics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹11.50. Bemco Hydraulics's Cyclically Adjusted PB Ratio for today is 9.18.

The historical rank and industry rank for Bemco Hydraulics's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:522650' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 7.24   Max: 13.62
Current: 9.98

During the past years, Bemco Hydraulics's highest Cyclically Adjusted PB Ratio was 13.62. The lowest was 1.68. And the median was 7.24.

BOM:522650's Cyclically Adjusted PB Ratio is ranked worse than
92.29% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs BOM:522650: 9.98

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bemco Hydraulics's adjusted book value per share data for the three months ended in Mar. 2026 was ₹19.323. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹11.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bemco Hydraulics  (BOM:522650) 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.


Bemco Hydraulics Cyclically Adjusted PB Ratio Related Terms


Bemco Hydraulics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bemco Hydraulics'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.

Bemco Hydraulics Cyclically Adjusted PB Ratio Chart

Bemco Hydraulics 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 1.87 2.71 5.74 8.14 5.23

Bemco Hydraulics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.14 0.00 10.19 0.00 5.23

BOM:522650 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Bemco Hydraulics'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.


Bemco Hydraulics Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:522650
79GF Score
Bemco Hydraulics Ltd BOM:522650
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bemco Hydraulics 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.

Bemco Hydraulics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.55/11.50
=9.18

* 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.

Bemco Hydraulics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bemco Hydraulics's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.323/164.2724*164.2724
=19.323

Current CPI (Mar. 2026) = 164.2724.

Bemco Hydraulics Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 1.738 97.163 2.938
201506 0.000 99.841 0.000
201509 1.169 101.753 1.887
201512 0.000 102.901 0.000
201603 6.695 102.518 10.728
201606 0.000 105.961 0.000
201703 7.242 105.196 11.309
201803 7.476 109.786 11.186
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 7.699 118.202 10.700
201906 0.000 120.880 0.000
201909 7.627 123.175 10.172
201912 0.000 126.235 0.000
202003 7.635 124.705 10.057
202006 0.000 127.000 0.000
202009 7.859 130.118 9.922
202012 0.000 130.889 0.000
202103 8.542 131.771 10.649
202106 0.000 134.084 0.000
202109 8.622 135.847 10.426
202112 0.000 138.161 0.000
202203 9.891 138.822 11.704
202206 0.000 142.347 0.000
202209 10.310 144.661 11.708
202212 0.000 145.763 0.000
202303 10.792 146.865 12.071
202306 0.000 150.280 0.000
202309 11.853 151.492 12.853
202312 0.000 152.924 0.000
202403 12.587 153.035 13.511
202406 0.000 155.789 0.000
202409 14.126 157.882 14.698
202412 0.000 158.323 0.000
202503 16.034 157.552 16.718
202506 0.000 159.755 0.000
202509 17.179 162.289 17.389
202512 0.000 163.281 0.000
202603 19.323 164.272 19.323

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.

What does a Cyclically Adjusted PB Ratio of 9.18 mean?
Bemco Hydraulics (BOM:522650) has a Cyclically Adjusted PB Ratio of 9.18 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bemco Hydraulics and its competitors. This is 27% above median its historical median of 7.24. Over the past decade, Bemco Hydraulics' Cyclically Adjusted PB Ratio has ranged from 1.68 to 13.62. According to the industry distribution chart, Bemco Hydraulics ranks #2048 out of 2219 companies in the Industrial Products industry, placing it in the top 92.3%.
Is Bemco Hydraulics' Cyclically Adjusted PB Ratio too high?
Bemco Hydraulics' current Cyclically Adjusted PB Ratio of 9.18 is 27% above median its 10-year median of 7.24. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 13.62. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Bemco Hydraulics' value of 9.18 is 323% above this industry median. Based on the distribution chart, Bemco Hydraulics ranks #2048 out of 2219 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Bemco Hydraulics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bemco Hydraulics' Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bemco Hydraulics ranks #2048 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Bemco Hydraulics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Bemco Hydraulics' value of 9.18 is 323% above this benchmark. Historically, Bemco Hydraulics' own Cyclically Adjusted PB Ratio has ranged from 1.68 to 13.62 over the past decade. While the company's 10-year median is 7.24 vs. the industry median of 2.17, Bemco Hydraulics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,219 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bemco Hydraulics's current Cyclically Adjusted PB Ratio of 9.18 is 323% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bemco Hydraulics and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bemco Hydraulics's current Cyclically Adjusted PB Ratio is 9.18, which is 27% above median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bemco Hydraulics stock overvalued right now?
Based on GuruFocus' analysis, Bemco Hydraulics (BOM:522650) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹87.60, compared to a current price of ₹105.55 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.18, which is 27% above median its 10-year median of 7.24 and 323% above the Industrial Products industry median of 2.17. Bemco Hydraulics' overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bemco Hydraulics (BOM:522650), the current Cyclically Adjusted PB Ratio is 9.18 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bemco Hydraulics (BOM:522650) Overvalued in 2026?

Based on GuruFocus' analysis, Bemco Hydraulics stock appears to be overvalued. The current stock price of ₹105.55 is trading 20.5% above its estimated GF Value™ of ₹87.60. GuruFocus considers Bemco Hydraulics to be Modestly Overvalued.

Key valuation signals for BOM:522650:

  • Cyclically Adjusted PB Ratio: 9.18 (27% above median its 10-year median of 7.24)
  • GF Value™: ₹87.60 vs. price of ₹105.55 (20.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 323% above the Industrial Products median (#2048 of 2219)

No single metric tells the full story. See the BOM:522650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bemco Hydraulics Business Description

Address Udyambag, Industrial Estate, Belgaum, KA, IND, 590 008
Bemco Hydraulics Ltd is an India-based company operating in the manufacturing and sale of hydraulic press machine, portable re-railing equipment, high-performance components, and systems. The company's products are used in heavy engineering works, Aeronautics, defense, Railways, Automobile, forging, and Sheet metal. Its product includes C Frame/Throat Type Presses, Straightening Press, Sheet Metal Forming, Moulding Presses, Baling Presses, SPMs, and Hydraulic Wheel Fitting Presses. The company generates maximum revenue from Portable Re-Railing Equipements.
79GF Score

Get the complete analysis for BOM:522650

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

₹105.55
Price
₹87.60
GF Value