Goldiam International (BOM:526729) Cyclically Adjusted PB Ratio: (As of Sep. 10, 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:526729 Goldiam International Ltd BOM:526729
85 GF Score
Price ₹328.15
GF Value ₹331.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Goldiam International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldiam International  (BOM:526729) 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.


Goldiam International Cyclically Adjusted PB Ratio Related Terms


Goldiam International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldiam International'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.

Goldiam International Cyclically Adjusted PB Ratio Chart

Goldiam International 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 4.09 3.23 3.88 7.76 4.76

Goldiam International 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 7.27 0.00 4.76 0.00

BOM:526729 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Goldiam International'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.


Goldiam International Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


BOM:526729
85GF Score
Goldiam International Ltd BOM:526729
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldiam International 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.

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

For example, Goldiam International'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.

Goldiam International Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.974 105.961 28.389
201612 0.000 105.196 0.000
201703 19.855 105.196 31.588
201706 0.000 107.109 0.000
201709 20.360 109.021 31.254
201712 0.000 109.404 0.000
201803 21.419 109.786 32.651
201806 0.000 111.317 0.000
201809 22.615 115.142 32.871
201812 0.000 115.142 0.000
201903 25.085 118.202 35.517
201906 0.000 120.880 0.000
201909 26.116 123.175 35.484
201912 0.000 126.235 0.000
202003 27.735 124.705 37.221
202006 0.000 127.000 0.000
202009 28.795 130.118 37.036
202012 0.000 130.889 0.000
202103 31.440 131.771 39.931
202106 0.000 134.084 0.000
202109 34.394 135.847 42.372
202112 0.000 138.161 0.000
202203 35.781 138.822 43.136
202206 0.000 142.347 0.000
202209 38.375 144.661 44.396
202212 0.000 145.763 0.000
202303 40.307 146.865 45.931
202306 0.000 150.280 0.000
202309 41.492 151.492 45.837
202312 0.000 152.924 0.000
202403 44.276 153.035 48.420
202406 0.000 155.789 0.000
202409 46.991 157.882 49.811
202412 0.000 158.323 0.000
202503 51.973 157.552 55.208
202506 0.000 159.755 0.000
202509 67.859 162.289 69.978
202512 0.000 163.281 0.000
202603 73.462 164.272 74.842
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 Goldiam International (BOM:526729) Overvalued in 2026?

Based on GuruFocus' analysis, Goldiam International stock appears to be undervalued. The current stock price of ₹328.15 is trading 1.1% below its estimated GF Value™ of ₹331.64. GuruFocus considers Goldiam International to be Fairly Valued.

Key valuation signals for BOM:526729:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹331.64 vs. price of ₹328.15 (1.1% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the BOM:526729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldiam International Business Description

Other Exchanges GOLDIAM:India
Address Gems & Jewellery Complex, M.I.D.C, Santacruz Electronics Export Processing Zone, Andheri (East), Mumbai, MH, IND, 400096
Goldiam International Ltd is an Indian company operating as a manufacturer of diamond-studded gold, platinum, and silver jewelry. The principal business activities of the company are manufacturing and exporting gold and silver jewelry. It operates in two segments; Jewellery Manufacturing and Investment Activity. Its products include engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, and fashion jewelry and necklaces and earrings. It generates the majority of its revenue from the Jewellery Manufacturing segment.
85GF Score

Get the complete analysis for BOM:526729

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

₹328.15
Price
₹331.64
GF Value