Divyashakti (BOM:526315) Cyclically Adjusted PB Ratio: 0.35 (As of Aug. 17, 2026) — 39% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:526315 Divyashakti Ltd BOM:526315
58 GF Score
Price ₹49.05
GF Value ₹34.88
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Divyashakti Cyclically Adjusted PB Ratio?

Divyashakti BOM:526315 +1.15% 58 Cyclically Adjusted PB Ratio is 0.35 as of Aug. 17, 2026, which is 39% below its 10-year median of 0.57. GuruFocus rates BOM:526315 with a GF Score™ of 58/100 and a GF Value™ of ₹34.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,317 Construction companies, Divyashakti ranks better than 84.89% on this metric.

As of today (2026-08-17), Divyashakti's current share price is ₹49.05. Divyashakti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹139.24. Divyashakti's Cyclically Adjusted PB Ratio for today is 0.35.

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

BOM:526315' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.57   Max: 0.83
Current: 0.35

During the past years, Divyashakti's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.33. And the median was 0.57.

BOM:526315's Cyclically Adjusted PB Ratio is ranked better than
84.89% of 1317 companies
in the Construction industry
Industry Median: 1.16 vs BOM:526315: 0.35

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.

Divyashakti's adjusted book value per share data for the three months ended in Mar. 2026 was ₹191.723. 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 ₹139.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Divyashakti  (BOM:526315) 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.


Divyashakti Cyclically Adjusted PB Ratio Related Terms


Divyashakti Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Divyashakti'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.

Divyashakti Cyclically Adjusted PB Ratio Chart

Divyashakti 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 0.59 0.58 0.59 0.49 0.32

Divyashakti 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 0.49 0.00 0.43 0.00 0.32

BOM:526315 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Divyashakti'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.


Divyashakti Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Divyashakti's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:526315
58GF Score
Divyashakti Ltd BOM:526315
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Divyashakti 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.

Divyashakti's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.05/139.24
=0.35

* 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.

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

For example, Divyashakti'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)
=191.723/164.2724*164.2724
=191.723

Current CPI (Mar. 2026) = 164.2724.

Divyashakti Quarterly Data

Book Value per Share CPI Adj_Book
201606 88.830 105.961 137.714
201609 90.983 105.961 141.052
201612 94.040 105.196 146.851
201703 92.893 105.196 145.060
201706 94.371 107.109 144.737
201709 95.355 109.021 143.680
201712 94.615 109.404 142.067
201803 95.785 109.786 143.322
201806 99.163 111.317 146.337
201809 101.967 115.142 145.476
201812 98.646 115.142 140.738
201903 98.947 118.202 137.512
201906 100.886 120.880 137.101
201909 104.869 123.175 139.859
201912 101.451 126.235 132.020
202003 104.372 124.705 137.488
202006 105.784 127.000 136.830
202009 107.284 130.118 135.445
202012 107.235 130.889 134.585
202103 109.027 131.771 135.919
202106 112.153 134.084 137.404
202109 112.893 135.847 136.515
202112 112.319 138.161 133.547
202203 114.485 138.822 135.474
202206 0.000 142.347 0.000
202209 122.359 144.661 138.947
202212 0.000 145.763 0.000
202303 120.198 146.865 134.445
202306 0.000 150.280 0.000
202309 119.533 151.492 129.617
202312 119.984 152.924 128.888
202403 120.454 153.035 129.299
202406 120.694 155.789 127.266
202409 23.864 157.882 24.830
202412 120.463 158.323 124.990
202503 192.664 157.552 200.882
202506 0.000 159.755 0.000
202509 193.503 162.289 195.868
202512 0.000 163.281 0.000
202603 191.723 164.272 191.723

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 0.35 mean?
Divyashakti (BOM:526315) has a Cyclically Adjusted PB Ratio of 0.35 as of Aug. 17, 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 Divyashakti and its competitors. This is 39% below median its historical median of 0.57. Over the past decade, Divyashakti's Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.83. According to the industry distribution chart, Divyashakti ranks #199 out of 1317 companies in the Construction industry, placing it in the top 15.1%.
Is Divyashakti's Cyclically Adjusted PB Ratio too high?
Divyashakti's current Cyclically Adjusted PB Ratio of 0.35 is 39% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.83. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Divyashakti's value of 0.35 is 69.8% below this industry median. Based on the distribution chart, Divyashakti ranks #199 out of 1317 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Divyashakti has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Divyashakti's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Divyashakti ranks #199 out of 1317 companies for Cyclically Adjusted PB Ratio. This places Divyashakti in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. Divyashakti's value of 0.35 is 69.8% below this benchmark. Historically, Divyashakti's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.83 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.16, Divyashakti has consistently been below 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,317 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. Divyashakti's current Cyclically Adjusted PB Ratio of 0.35 is 69.8% 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 Divyashakti and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Divyashakti's current Cyclically Adjusted PB Ratio is 0.35, which is 39% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divyashakti stock overvalued right now?
Based on GuruFocus' analysis, Divyashakti (BOM:526315) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹34.88, compared to a current price of ₹49.05 — trading 40.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.35, which is 39% below median its 10-year median of 0.57 and 69.8% below the Construction industry median of 1.16. Divyashakti's overall GF Score™ is 58/100 with 6 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 Divyashakti (BOM:526315), the current Cyclically Adjusted PB Ratio is 0.35 as of Aug. 17, 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 Divyashakti (BOM:526315) Overvalued in 2026?

Based on GuruFocus' analysis, Divyashakti stock appears to be overvalued. The current stock price of ₹49.05 is trading 40.6% above its estimated GF Value™ of ₹34.88. GuruFocus considers Divyashakti to be Significantly Overvalued.

Key valuation signals for BOM:526315:

  • Cyclically Adjusted PB Ratio: 0.35 (39% below median its 10-year median of 0.57)
  • GF Value™: ₹34.88 vs. price of ₹49.05 (40.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 69.8% below the Construction median (#199 of 1317)

No single metric tells the full story. See the BOM:526315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Divyashakti Business Description

Address 7-1-58, Divyashakti Complex, Flat No. 301 to 304, 3rd Floor, Ameerpet, Hyderabad, TG, IND, 500016
Divyashakti Ltd manufactures and exports polished granite slabs, tiles, and quartz slabs used mainly in construction and interior design. The company operates processing units equipped with high-technology machinery that handle granite and quartz, producing a wide variety of colors and finishes. It sources raw materials globally and sells its products internationally, catering to markets where natural and engineered stone are used for surfaces like countertops, flooring, and facades. Revenue is generated through the sale of these natural stone products to builders, designers, and distributors around the world. The company emphasizes sustainability by utilizing solar energy and recycling water in its manufacturing processes.
58GF Score

Get the complete analysis for BOM:526315

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

₹49.05
Price
₹34.88
GF Value