Neogem India (BOM:526195) Cyclically Adjusted PB Ratio: 0.33 (As of Aug. 19, 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:526195 Neogem India Ltd BOM:526195
26 GF Score
Price ₹3.73
! 3 Warning Signs
View Full Analysis

What is Neogem India Cyclically Adjusted PB Ratio?

Neogem India BOM:526195 26 Cyclically Adjusted PB Ratio is 0.33 as of Aug. 19, 2026. GuruFocus rates BOM:526195 with a GF Score™ of 26/100. The stock has 3 warning signs investors should review.

As of today (2026-08-19), Neogem India's current share price is ₹3.73. Neogem India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹11.29. Neogem India's Cyclically Adjusted PB Ratio for today is 0.33.

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

BOM:526195' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.33
Current: 0.33

During the past years, Neogem India's highest Cyclically Adjusted PB Ratio was 0.33. The lowest was 0.00. And the median was 0.00.

BOM:526195's Cyclically Adjusted PB Ratio is not ranked
in the Retail - Cyclical industry.
Industry Median: 1.205 vs BOM:526195: 0.33

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.

Neogem India's adjusted book value per share data for the three months ended in Mar. 2026 was ₹6.333. 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 ₹11.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Neogem India  (BOM:526195) 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.


Neogem India Cyclically Adjusted PB Ratio Related Terms


Neogem India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Neogem 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.

Neogem India Cyclically Adjusted PB Ratio Chart

Neogem 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 0.28 0.16 0.30 0.30 0.33

Neogem India Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.00 0.30 0.30 0.00 0.33

BOM:526195 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Neogem 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.


Neogem India Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Neogem India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:526195
26GF Score
Neogem India Ltd BOM:526195
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neogem 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.

Neogem India's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.73/11.29
=0.33

* 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.

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

For example, Neogem India'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)
=6.333/164.2724*164.2724
=6.333

Current CPI (Mar. 2026) = 164.2724.

Neogem India Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.895 102.518 19.060
201606 0.000 105.961 0.000
201609 12.113 105.961 18.779
201612 0.000 105.196 0.000
201703 11.347 105.196 17.719
201706 0.000 107.109 0.000
201709 12.148 109.021 18.304
201712 0.000 109.404 0.000
201803 9.247 109.786 13.836
201806 0.000 111.317 0.000
201809 9.110 115.142 12.997
201812 0.000 115.142 0.000
201903 9.037 118.202 12.559
201906 0.000 120.880 0.000
201909 8.800 123.175 11.736
201912 0.000 126.235 0.000
202003 8.864 124.705 11.676
202006 0.000 127.000 0.000
202009 8.829 130.118 11.147
202012 0.000 130.889 0.000
202103 8.127 131.771 10.132
202106 0.000 134.084 0.000
202109 8.042 135.847 9.725
202112 0.000 138.161 0.000
202203 8.046 138.822 9.521
202206 0.000 142.347 0.000
202209 7.979 144.661 9.061
202212 0.000 145.763 0.000
202303 7.956 146.865 8.899
202306 0.000 150.280 0.000
202309 7.196 151.492 7.803
202312 0.000 152.924 0.000
202403 6.975 153.035 7.487
202406 0.000 155.789 0.000
202409 6.767 157.882 7.041
202412 0.000 158.323 0.000
202503 6.589 157.552 6.870
202509 6.383 162.289 6.461
202512 0.000 163.281 0.000
202603 6.333 164.272 6.333

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 0.33 mean?
Neogem India (BOM:526195) has a Cyclically Adjusted PB Ratio of 0.33 as of Aug. 19, 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 Neogem India and its competitors.
Is Neogem India's Cyclically Adjusted PB Ratio too high?
Neogem India's current Cyclically Adjusted PB Ratio is 0.33. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.21. Neogem India's value of 0.33 is 72.6% below this industry median. Overall, Neogem India has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Neogem India's Cyclically Adjusted PB Ratio compare to TPR?
Neogem India's Cyclically Adjusted PB Ratio of 0.33 can be compared against companies in the Retail - Cyclical industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Neogem India's value of 0.33 is 72.6% below this benchmark. 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.21, based on 788 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. Neogem India's current Cyclically Adjusted PB Ratio of 0.33 is 72.6% below 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 Neogem India and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neogem India's current Cyclically Adjusted PB Ratio is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neogem India stock overvalued right now?
Neogem India (BOM:526195) has a current Cyclically Adjusted PB Ratio of 0.33. The current Cyclically Adjusted PB Ratio is 0.33 and 72.6% below the Retail - Cyclical industry median of 1.21. Neogem India's overall GF Score™ is 26/100 with 3 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 Neogem India (BOM:526195), the current Cyclically Adjusted PB Ratio is 0.33 as of Aug. 19, 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.

Neogem India Business Description

Address G/32, Gems and Jewellery Complex III, Seepz (SEZ), Andheri (East), Mumbai, MH, IND, 400096
Neogem India Ltd is a manufacturer and exporter of diamond-studded jewellery. The company manufactures jewellery of gold, silver and other precious or base metals clad with precious metals or precious or semiprecious stones, or combinations of precious metal and precious or semi-precious stones or of other materials. Its jewellery products include rings, pendants, earrings, bridal jewellery, coloured stones, and ensembles. It also engages in exporting of cut and polished diamonds to countries like the United Arab Emirates, Hong Kong, and Europe. The company has had no production activities.
26GF Score

Get the complete analysis for BOM:526195

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

₹3.73
Price