Swarnsarita Jewels India (BOM:526365) 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.
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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:526365 Swarnsarita Jewels India Ltd BOM:526365
74 GF Score
Price ₹34.11
GF Value ₹39.07
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Swarnsarita Jewels India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Swarnsarita Jewels India  (BOM:526365) 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.


Swarnsarita Jewels India Cyclically Adjusted PB Ratio Related Terms


Swarnsarita Jewels India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Swarnsarita Jewels 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.

Swarnsarita Jewels India Cyclically Adjusted PB Ratio Chart

Swarnsarita Jewels 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 0.42 0.30 0.55 0.40 0.47

Swarnsarita Jewels 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 0.50 0.00 0.47 0.00

BOM:526365 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Swarnsarita Jewels 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.


Swarnsarita Jewels India Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


BOM:526365
74GF Score
Swarnsarita Jewels India Ltd BOM:526365
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swarnsarita Jewels 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.

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

For example, Swarnsarita Jewels 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.

Swarnsarita Jewels India Quarterly Data

Book Value per Share CPI Adj_Book
201609 40.345 105.961 63.722
201612 0.000 105.196 0.000
201703 40.469 105.196 64.383
201706 0.000 107.109 0.000
201709 42.773 109.021 65.660
201712 0.000 109.404 0.000
201803 42.546 109.786 64.857
201806 0.000 111.317 0.000
201809 44.870 115.142 65.218
201812 0.000 115.142 0.000
201903 44.842 118.202 63.490
201906 0.000 120.880 0.000
201909 47.049 123.175 63.925
201912 0.000 126.235 0.000
202003 47.010 124.705 63.089
202006 0.000 127.000 0.000
202009 48.645 130.118 62.567
202012 0.000 130.889 0.000
202103 49.786 131.771 63.232
202106 0.000 134.084 0.000
202109 51.425 135.847 63.353
202112 0.000 138.161 0.000
202203 53.430 138.822 64.413
202206 0.000 142.347 0.000
202209 56.085 144.661 64.884
202212 0.000 145.763 0.000
202303 56.416 146.865 64.288
202306 0.000 150.280 0.000
202309 58.583 151.492 64.718
202312 0.000 152.924 0.000
202403 58.748 153.035 64.246
202406 0.000 155.789 0.000
202409 62.093 157.882 65.819
202412 0.000 158.323 0.000
202503 61.340 157.552 65.158
202506 0.000 159.755 0.000
202509 68.581 162.289 70.723
202512 0.000 163.281 0.000
202603 67.185 164.272 68.447
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 Swarnsarita Jewels India (BOM:526365) Overvalued in 2026?

Based on GuruFocus' analysis, Swarnsarita Jewels India stock appears to be undervalued. The current stock price of ₹34.11 is trading 12.7% below its estimated GF Value™ of ₹39.07. GuruFocus considers Swarnsarita Jewels India to be Modestly Undervalued.

Key valuation signals for BOM:526365:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹39.07 vs. price of ₹34.11 (12.7% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the BOM:526365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swarnsarita Jewels India Business Description

Other Exchanges SWARNSAR:India
Address Dhanji Street, Office No. 104, First Floor, 17/19 Swarn House, Zaveri Bazar, Mumbadevi, Mandvi, Mumbai, MH, IND, 400003
Swarnsarita Jewels India Ltd is principally engaged in manufacturing, trading, exports-imports, wholesale, and retail marketing of Polished Diamonds, Gems, and Jewellery. It offers products such as diamond studded rings, bracelets, pendants, diamond necklaces, earrings, etc.
74GF Score

Get the complete analysis for BOM:526365

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

₹34.11
Price
₹39.07
GF Value