Viceroy Hotels (BOM:523796) Cyclically Adjusted PB Ratio: (As of Sep. 02, 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:523796 Viceroy Hotels Ltd BOM:523796
54 GF Score
Price ₹115.90
GF Value ₹119.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Viceroy Hotels Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viceroy Hotels  (BOM:523796) 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.


Viceroy Hotels Cyclically Adjusted PB Ratio Related Terms


Viceroy Hotels Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Viceroy Hotels'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.

Viceroy Hotels Cyclically Adjusted PB Ratio Chart

Viceroy Hotels 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 0.00 0.00

Viceroy Hotels 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 0.00 0.00 0.00 0.00

BOM:523796 vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Viceroy Hotels'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.


Viceroy Hotels Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viceroy Hotels's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:523796
54GF Score
Viceroy Hotels Ltd BOM:523796
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viceroy Hotels 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.

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

For example, Viceroy Hotels'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.

Viceroy Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 3,305.732 105.196 5,259.120
201706 0.000 107.109 0.000
201709 -1,305.764 109.021 -2,004.461
201712 0.000 109.404 0.000
201803 -7,423.736 109.786 -11,316.670
201806 0.000 111.317 0.000
201809 -7,589.077 115.142 -11,030.628
201812 0.000 115.142 0.000
201903 -7,744.006 118.202 -10,964.407
201906 0.000 120.880 0.000
201909 -7,831.195 123.175 -10,640.208
201912 0.000 126.235 0.000
202003 -8,085.337 124.705 -10,850.720
202006 0.000 127.000 0.000
202009 -8,323.563 130.118 -10,705.745
202012 0.000 130.889 0.000
202103 -8,503.396 131.771 -10,799.879
202106 0.000 134.084 0.000
202109 -250.199 135.847 -308.234
202112 0.000 138.161 0.000
202203 -9,038.106 138.822 -10,895.933
202206 0.000 142.347 0.000
202209 -8,987.506 144.661 -10,397.576
202212 0.000 145.763 0.000
202303 -9,038.998 146.865 -10,300.251
202306 0.000 150.280 0.000
202309 -9,006.850 151.492 -9,950.110
202312 0.000 152.924 0.000
202403 9.117 153.035 9.970
202406 0.000 155.789 0.000
202409 24.604 157.882 26.081
202412 0.000 158.323 0.000
202503 34.094 157.552 36.216
202506 0.000 159.755 0.000
202509 34.284 162.289 35.355
202512 0.000 163.281 0.000
202603 37.229 164.272 37.928
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 Viceroy Hotels (BOM:523796) Overvalued in 2026?

Based on GuruFocus' analysis, Viceroy Hotels stock appears to be undervalued. The current stock price of ₹115.90 is trading 3% below its estimated GF Value™ of ₹119.49. GuruFocus considers Viceroy Hotels to be Fairly Valued.

Key valuation signals for BOM:523796:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹119.49 vs. price of ₹115.90 (3% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the BOM:523796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viceroy Hotels Business Description

Other Exchanges VHLTD:India
Address 1-3-1036/3/1 Tank Bund Road, Gandhi Nagar, Hyderabad, TG, IND, 500080
Viceroy Hotels Ltd operates hotels and convention centers and provides related lodging facilities. The company has one operating segment, the Business of Hoteliers. Its hotel and restaurants comprise the Hotel Marriott, Hotel Courtyard Marriott, Minerva Coffee Shop, and Bluefox. The company also owns fine-dining restaurants and bars in Hyderabad and Vijayawada.
54GF Score

Get the complete analysis for BOM:523796

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

₹115.90
Price
₹119.49
GF Value