AVI Products India (BOM:523896) Cyclically Adjusted PB Ratio: (As of Sep. 04, 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:523896 AVI Products India Ltd BOM:523896
39 GF Score
Price ₹52.40
GF Value ₹3.52
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is AVI Products India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

AVI Products India  (BOM:523896) 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.

AVI Products India Cyclically Adjusted PB Ratio Related Terms

AVI Products India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AVI Products India'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.

AVI Products India Cyclically Adjusted PB Ratio Chart

AVI Products India 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 2.73 0.99 1.51 1.02 2.05

AVI Products India 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 1.44 0.00 2.05 0.00

BOM:523896 vs MCK, COR, CAH: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, AVI Products India'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.

AVI Products India Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AVI Products India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:523896
39GF Score
AVI Products India Ltd BOM:523896
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVI Products India 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.

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

For example, AVI Products India'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.

AVI Products India Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.261 105.961 24.104
201612 0.000 105.196 0.000
201703 11.402 105.196 18.140
201706 0.000 107.109 0.000
201709 12.308 109.021 18.894
201712 0.000 109.404 0.000
201803 12.489 109.786 19.038
201806 0.000 111.317 0.000
201809 12.456 115.142 18.105
201812 0.000 115.142 0.000
201903 13.445 118.202 19.036
201906 0.000 120.880 0.000
201909 14.560 123.175 19.783
201912 0.000 126.235 0.000
202003 14.622 124.705 19.623
202006 0.000 127.000 0.000
202009 12.585 130.118 16.187
202012 0.000 130.889 0.000
202103 15.168 131.771 19.264
202106 0.000 134.084 0.000
202109 40.536 135.847 49.939
202112 0.000 138.161 0.000
202203 16.795 138.822 20.247
202206 0.000 142.347 0.000
202209 17.191 144.661 19.888
202212 0.000 145.763 0.000
202303 17.590 146.865 20.044
202306 0.000 150.280 0.000
202309 20.969 151.492 23.165
202312 0.000 152.924 0.000
202403 21.295 153.035 23.288
202406 0.000 155.789 0.000
202409 21.453 157.882 22.740
202412 0.000 158.323 0.000
202503 21.458 157.552 22.793
202506 0.000 159.755 0.000
202509 18.585 162.289 19.165
202512 0.000 163.281 0.000
202603 15.584 164.272 15.877
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 AVI Products India (BOM:523896) Overvalued in 2026?

Based on GuruFocus' analysis, AVI Products India stock appears to be overvalued. The current stock price of ₹52.40 is trading 1388.6% above its estimated GF Value™ of ₹3.52. GuruFocus considers AVI Products India to be Significantly Overvalued.

Key valuation signals for BOM:523896:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3.52 vs. price of ₹52.40 (1388.6% above fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the BOM:523896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

AVI Products India Business Description

Address Navghar Road, 110, Manish Industrial Estate No. 4, Vasai -East, Palghar, MH, IND, 401210
AVI Products India Ltd is an India-based company that operates in two main segments: E-commerce and Trading, and Food and Beverages. The E-commerce segment distributes dental products like endo-motors, intraoral cameras, curing machines, autoclaves, dental chemicals, and orthodontic materials through Dentaldeal. in. The Food and Beverages segment, under the IFRUIT brand, runs franchises offering ice cream rollies, kulfis, sorbets, sundaes, smoothies, milkshakes, and Belgium waffles. The majority of its revenue comes from e-commerce and Trading.
39GF Score

Get the complete analysis for BOM:523896

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

₹52.40
Price
₹3.52
GF Value