Alphageo (India) (BOM:526397) Cyclically Adjusted PB Ratio: 0.43 (As of Jul. 30, 2026) — 39% Below Median

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Vera Yuan
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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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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:526397 Alphageo (India) Ltd BOM:526397
57 GF Score
Price ₹206.05
GF Value ₹395.04
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Alphageo (India) Cyclically Adjusted PB Ratio?

Alphageo (India) BOM:526397 -1.74% 57 Cyclically Adjusted PB Ratio is 0.43 as of Jul. 30, 2026, which is 39% below its 10-year median of 0.70. GuruFocus rates BOM:526397 with a GF Score™ of 57/100 and a GF Value™ of ₹395.04 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 764 Oil & Gas companies, Alphageo (India) ranks better than 78.27% on this metric.

As of today (2026-07-30), Alphageo (India)'s current share price is ₹206.05. Alphageo (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹480.58. Alphageo (India)'s Cyclically Adjusted PB Ratio for today is 0.43.

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

BOM:526397' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.7   Max: 1.02
Current: 0.42

During the past years, Alphageo (India)'s highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.38. And the median was 0.70.

BOM:526397's Cyclically Adjusted PB Ratio is ranked better than
78.27% of 764 companies
in the Oil & Gas industry
Industry Median: 1.2 vs BOM:526397: 0.42

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.

Alphageo (India)'s adjusted book value per share data for the three months ended in Mar. 2026 was ₹398.065. 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 ₹480.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphageo (India)  (BOM:526397) 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.


Alphageo (India) Cyclically Adjusted PB Ratio Related Terms


Alphageo (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alphageo (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.

Alphageo (India) Cyclically Adjusted PB Ratio Chart

Alphageo (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 0.00 0.55 0.77 0.49 0.35

Alphageo (India) 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 0.53 0.00 0.35

BOM:526397 vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Alphageo (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.


Alphageo (India) Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Alphageo (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:526397
57GF Score
Alphageo (India) Ltd BOM:526397
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alphageo (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.

Alphageo (India)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=206.05/480.58
=0.43

* 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.

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

For example, Alphageo (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)
=398.065/164.2724*164.2724
=398.065

Current CPI (Mar. 2026) = 164.2724.

Alphageo (India) Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 197.330 105.961 305.922
201612 0.000 105.196 0.000
201703 284.164 105.196 443.746
201706 0.000 107.109 0.000
201709 302.844 109.021 456.322
201712 0.000 109.404 0.000
201803 366.571 109.786 548.497
201806 0.000 111.317 0.000
201809 382.458 115.142 545.651
201812 0.000 115.142 0.000
201903 432.257 118.202 600.733
201906 0.000 120.880 0.000
201909 415.750 123.175 554.465
201912 0.000 126.235 0.000
202003 404.722 124.705 533.135
202006 0.000 127.000 0.000
202009 365.511 130.118 461.454
202012 0.000 130.889 0.000
202103 413.161 131.771 515.069
202106 0.000 134.084 0.000
202109 426.081 135.847 515.237
202112 0.000 138.161 0.000
202203 426.772 138.822 505.013
202206 0.000 142.347 0.000
202209 428.380 144.661 486.454
202212 0.000 145.763 0.000
202303 444.868 146.865 497.598
202306 0.000 150.280 0.000
202309 425.790 151.492 461.711
202312 0.000 152.924 0.000
202403 439.049 153.035 471.290
202406 0.000 155.789 0.000
202409 439.036 157.882 456.806
202412 0.000 158.323 0.000
202503 423.234 157.552 441.288
202506 0.000 159.755 0.000
202509 408.122 162.289 413.109
202512 0.000 163.281 0.000
202603 398.065 164.272 398.065

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 0.43 mean?
Alphageo (India) (BOM:526397) has a Cyclically Adjusted PB Ratio of 0.43 as of Jul. 30, 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 Alphageo (India) and its competitors. This is 39% below median its historical median of 0.70. Over the past decade, Alphageo (India)'s Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.02. According to the industry distribution chart, Alphageo (India) ranks #166 out of 764 companies in the Oil & Gas industry, placing it in the top 21.7%.
Is Alphageo (India)'s Cyclically Adjusted PB Ratio too high?
Alphageo (India)'s current Cyclically Adjusted PB Ratio of 0.43 is 39% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.02. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Alphageo (India)'s value of 0.43 is 64.2% below this industry median. Based on the distribution chart, Alphageo (India) ranks #166 out of 764 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Alphageo (India) has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphageo (India)'s Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Alphageo (India) ranks #166 out of 764 companies for Cyclically Adjusted PB Ratio. This places Alphageo (India) in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Alphageo (India)'s value of 0.43 is 64.2% below this benchmark. Historically, Alphageo (India)'s own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.02 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.20, Alphageo (India) 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 764 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. Alphageo (India)'s current Cyclically Adjusted PB Ratio of 0.43 is 64.2% 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 Alphageo (India) and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alphageo (India)'s current Cyclically Adjusted PB Ratio is 0.43, which is 39% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphageo (India) stock overvalued right now?
Based on GuruFocus' analysis, Alphageo (India) (BOM:526397) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹395.04, compared to a current price of ₹206.05 — trading 47.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 39% below median its 10-year median of 0.70 and 64.2% below the Oil & Gas industry median of 1.20. Alphageo (India)'s overall GF Score™ is 57/100 with 2 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 Alphageo (India) (BOM:526397), the current Cyclically Adjusted PB Ratio is 0.43 as of Jul. 30, 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 Alphageo (India) (BOM:526397) Overvalued in 2026?

Based on GuruFocus' analysis, Alphageo (India) stock appears to be undervalued. The current stock price of ₹206.05 is trading 47.8% below its estimated GF Value™ of ₹395.04. GuruFocus considers Alphageo (India) to be Significantly Undervalued.

Key valuation signals for BOM:526397:

  • Cyclically Adjusted PB Ratio: 0.43 (39% below median its 10-year median of 0.70)
  • GF Value™: ₹395.04 vs. price of ₹206.05 (47.8% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 64.2% below the Oil & Gas median (#166 of 764)

No single metric tells the full story. See the BOM:526397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alphageo (India) Business Description

Industry EnergyOil & Gas
Other Exchanges ALPHAGEO:India
Address Road No-33, Plot No. 68, Jubilee Hills, Banjara Hills, Hyderabad, TG, IND, 500033
Alphageo (India) Ltd provides Seismic Data Acquisition, Processing, and Interpretation Services for the Oil Exploration and Production Sector. The company offers various services including design and preplanning of 2D and 3D surveys, seismic data acquisition in 2D and 3D, seismic data processing and reprocessing, and other related services. It also offers topographic surveys with GPS and RTK, tape transcription, digitization of hard copies of maps, seismic sections, and third-party quality checking for acquisition and processing. The company generates its revenue from India.
57GF Score

Get the complete analysis for BOM:526397

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

₹206.05
Price
₹395.04
GF Value