South Asian Enterprises (BOM:526477) Cyclically Adjusted PB Ratio: 2.13 (As of Aug. 02, 2026) — Near Median

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BOM:526477 South Asian Enterprises Ltd BOM:526477
32 GF Score
Price ₹41.47
GF Value ₹4.32
Valuation Significantly Overvalued
! 3 Warning Signs
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What is South Asian Enterprises Cyclically Adjusted PB Ratio?

South Asian Enterprises BOM:526477 32 Cyclically Adjusted PB Ratio is 2.13 as of Aug. 02, 2026, which is 5% below its 10-year median of 2.24. GuruFocus rates BOM:526477 with a GF Score™ of 32/100 and a GF Value™ of ₹4.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,973 Hardware companies, South Asian Enterprises ranks worse than 52.26% on this metric.

As of today (2026-08-02), South Asian Enterprises's current share price is ₹41.47. South Asian Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹19.45. South Asian Enterprises's Cyclically Adjusted PB Ratio for today is 2.13.

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

BOM:526477' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.24   Max: 2.91
Current: 2.13

During the past years, South Asian Enterprises's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.75. And the median was 2.24.

BOM:526477's Cyclically Adjusted PB Ratio is ranked worse than
52.26% of 1973 companies
in the Hardware industry
Industry Median: 2 vs BOM:526477: 2.13

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.

South Asian Enterprises's adjusted book value per share data for the three months ended in Mar. 2026 was ₹8.180. 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 ₹19.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


South Asian Enterprises  (BOM:526477) 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.


South Asian Enterprises Cyclically Adjusted PB Ratio Related Terms


South Asian Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for South Asian Enterprises'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.

South Asian Enterprises Cyclically Adjusted PB Ratio Chart

South Asian Enterprises 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 0.00 0.00 0.00 1.75

South Asian Enterprises 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 0.00 0.00 2.38 0.00 1.75

BOM:526477 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, South Asian Enterprises'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.


South Asian Enterprises Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, South Asian Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:526477
32GF Score
South Asian Enterprises Ltd BOM:526477
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

South Asian Enterprises 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.

South Asian Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.47/19.45
=2.13

* 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.

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

For example, South Asian Enterprises'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)
=8.18/164.2724*164.2724
=8.180

Current CPI (Mar. 2026) = 164.2724.

South Asian Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 30.082 105.961 46.636
201612 0.000 105.196 0.000
201703 15.897 105.196 24.825
201706 0.000 107.109 0.000
201709 22.250 109.021 33.526
201712 0.000 109.404 0.000
201803 17.651 109.786 26.411
201806 0.000 111.317 0.000
201809 15.809 115.142 22.555
201812 0.000 115.142 0.000
201903 14.931 118.202 20.750
201906 0.000 120.880 0.000
201909 14.391 123.175 19.193
201912 0.000 126.235 0.000
202003 18.054 124.705 23.782
202006 0.000 127.000 0.000
202009 17.810 130.118 22.485
202012 0.000 130.889 0.000
202103 17.741 131.771 22.117
202106 0.000 134.084 0.000
202109 16.838 135.847 20.361
202112 0.000 138.161 0.000
202203 15.419 138.822 18.246
202206 0.000 142.347 0.000
202209 13.691 144.661 15.547
202212 0.000 145.763 0.000
202303 12.399 146.865 13.869
202306 0.000 150.280 0.000
202309 11.220 151.492 12.167
202312 0.000 152.924 0.000
202403 10.295 153.035 11.051
202406 0.000 155.789 0.000
202409 9.521 157.882 9.906
202412 0.000 158.323 0.000
202503 8.554 157.552 8.919
202506 0.000 159.755 0.000
202509 8.454 162.289 8.557
202512 0.000 163.281 0.000
202603 8.180 164.272 8.180

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 2.13 mean?
South Asian Enterprises (BOM:526477) has a Cyclically Adjusted PB Ratio of 2.13 as of Aug. 02, 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 South Asian Enterprises and its competitors. This is near median its historical median of 2.24. Over the past decade, South Asian Enterprises' Cyclically Adjusted PB Ratio has ranged from 1.75 to 2.91. According to the industry distribution chart, South Asian Enterprises ranks #1031 out of 1973 companies in the Hardware industry, placing it in the top 52.3%.
Is South Asian Enterprises' Cyclically Adjusted PB Ratio too high?
South Asian Enterprises' current Cyclically Adjusted PB Ratio of 2.13 is near median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 2.91. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. South Asian Enterprises' value of 2.13 is 6.5% above this industry median. Based on the distribution chart, South Asian Enterprises ranks #1031 out of 1973 companies in the Hardware industry, which is below the industry midpoint. Overall, South Asian Enterprises has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does South Asian Enterprises' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, South Asian Enterprises ranks #1031 out of 1973 companies for Cyclically Adjusted PB Ratio. This places South Asian Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. South Asian Enterprises' value of 2.13 is 6.5% above this benchmark. Historically, South Asian Enterprises' own Cyclically Adjusted PB Ratio has ranged from 1.75 to 2.91 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 2.00, South Asian Enterprises has consistently been above 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,973 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. South Asian Enterprises's current Cyclically Adjusted PB Ratio of 2.13 is 6.5% above 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 South Asian Enterprises and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Asian Enterprises's current Cyclically Adjusted PB Ratio is 2.13, which is near median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Asian Enterprises stock overvalued right now?
Based on GuruFocus' analysis, South Asian Enterprises (BOM:526477) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.32, compared to a current price of ₹41.47 — trading 860% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.13, which is near median its 10-year median of 2.24 and 6.5% above the Hardware industry median of 2.00. South Asian Enterprises' overall GF Score™ is 32/100 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 South Asian Enterprises (BOM:526477), the current Cyclically Adjusted PB Ratio is 2.13 as of Aug. 02, 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 South Asian Enterprises (BOM:526477) Overvalued in 2026?

Based on GuruFocus' analysis, South Asian Enterprises stock appears to be overvalued. The current stock price of ₹41.47 is trading 860% above its estimated GF Value™ of ₹4.32. GuruFocus considers South Asian Enterprises to be Significantly Overvalued.

Key valuation signals for BOM:526477:

  • Cyclically Adjusted PB Ratio: 2.13 (near median its 10-year median of 2.24)
  • GF Value™: ₹4.32 vs. price of ₹41.47 (860% above fair value)
  • GF Score™: 32/100 with 3 warning signs
  • Industry Position: 6.5% above the Hardware median (#1031 of 1973)

No single metric tells the full story. See the BOM:526477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


South Asian Enterprises Business Description

Address 90, Okhla Industrial Estate Phase -III, New Delhi, IND, 110020
South Asian Enterprises Ltd operates an amusement park and is engaged in trading earthing and lightning protection systems. The company deals in products such as earthing compounds, electrodes, lightning arresters, surge protection devices, ground enhancement material, earth rods, mobile electrodes, and earthing strips.
32GF Score

Get the complete analysis for BOM:526477

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

₹41.47
Price
₹4.32
GF Value