Dr Agarwal'S Eye Hospital (BOM:526783) Cyclically Adjusted PB Ratio: (As of Aug. 31, 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
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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:526783 Dr Agarwal'S Eye Hospital Ltd BOM:526783
94 GF Score
Price ₹5,224.95
GF Value ₹5,534.73
Valuation Fairly Valued
! 3 Warning Signs
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What is Dr Agarwal'S Eye Hospital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dr Agarwal'S Eye Hospital  (BOM:526783) 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.


Dr Agarwal'S Eye Hospital Cyclically Adjusted PB Ratio Related Terms


Dr Agarwal'S Eye Hospital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dr Agarwal'S Eye Hospital'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.

Dr Agarwal'S Eye Hospital Cyclically Adjusted PB Ratio Chart

Dr Agarwal'S Eye Hospital 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 7.58 7.91 21.39 22.11 18.67

Dr Agarwal'S Eye Hospital 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 22.38 0.00 18.67 0.00

BOM:526783 vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Dr Agarwal'S Eye Hospital'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.


Dr Agarwal'S Eye Hospital Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dr Agarwal'S Eye Hospital's Cyclically Adjusted PB Ratio falls into.


BOM:526783
94GF Score
Dr Agarwal'S Eye Hospital Ltd BOM:526783
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dr Agarwal'S Eye Hospital 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.

Dr Agarwal'S Eye Hospital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dr Agarwal'S Eye Hospital'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.

Dr Agarwal'S Eye Hospital Quarterly Data

Book Value per Share CPI Adj_Book
201609 57.774 105.961 91.250
201612 0.000 105.196 0.000
201703 62.560 105.196 99.527
201706 0.000 107.109 0.000
201709 73.386 109.021 112.654
201712 0.000 109.404 0.000
201803 74.594 109.786 113.710
201806 0.000 111.317 0.000
201809 92.462 115.142 134.392
201812 0.000 115.142 0.000
201903 96.995 118.202 137.331
201906 0.000 120.880 0.000
201909 107.648 123.175 146.261
201912 0.000 126.235 0.000
202003 119.364 124.705 160.189
202006 0.000 127.000 0.000
202009 102.931 130.118 132.390
202012 0.000 130.889 0.000
202103 116.304 131.771 147.714
202106 0.000 134.084 0.000
202109 135.622 135.847 167.080
202112 0.000 138.161 0.000
202203 166.319 138.822 200.507
202206 0.000 142.347 0.000
202209 201.319 144.661 232.904
202212 0.000 145.763 0.000
202303 241.149 146.865 274.798
202306 0.000 150.280 0.000
202309 291.468 151.492 321.993
202312 0.000 152.924 0.000
202403 334.362 153.035 365.656
202406 0.000 155.789 0.000
202409 391.574 157.882 415.074
202412 0.000 158.323 0.000
202503 445.979 157.552 473.736
202506 0.000 159.755 0.000
202509 650.879 162.289 671.205
202512 0.000 163.281 0.000
202603 716.532 164.272 729.988
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 Dr Agarwal'S Eye Hospital (BOM:526783) Overvalued in 2026?

Based on GuruFocus' analysis, Dr Agarwal'S Eye Hospital stock appears to be undervalued. The current stock price of ₹5,224.95 is trading 5.6% below its estimated GF Value™ of ₹5,534.73. GuruFocus considers Dr Agarwal'S Eye Hospital to be Fairly Valued.

Key valuation signals for BOM:526783:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹5,534.73 vs. price of ₹5,224.95 (5.6% below fair value)
  • GF Score™: 94/100 with 3 warning signs

No single metric tells the full story. See the BOM:526783 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dr Agarwal'S Eye Hospital Business Description

Other Exchanges DRAGARWQ:India
Address No. 4, Moores Road, Off Greams Road, 3rd Floor, Buhari Towers, Chennai, TN, IND, 600 006
Dr Agarwal'S Eye Hospital Ltd is a provider of eye care and related services. The company is predominantly engaged in running, owning and managing eye care hospitals, opticals, pharmacies, and related services. It operates across various locations in India and provides solutions like Refractive Surgery, Lasik Surgery, Oculoplasty, Laser Cataract Surgery, and SMILE Eye Surgery among others.
94GF Score

Get the complete analysis for BOM:526783

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

₹5,224.95
Price
₹5,534.73
GF Value