Mahasagar Travels (BOM:526795) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 03, 2026) — 86% Above Median

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BOM:526795 Mahasagar Travels Ltd BOM:526795
52 GF Score
Price ₹5.88
GF Value ₹5.92
Valuation Fairly Valued
! 6 Warning Signs
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What is Mahasagar Travels Cyclically Adjusted PB Ratio?

Mahasagar Travels BOM:526795 52 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 03, 2026, which is 86% above its 10-year median of 0.57. GuruFocus rates BOM:526795 with a GF Score™ of 52/100 and a GF Value™ of ₹5.92 (Fairly Valued). The stock has 6 warning signs investors should review. Among 645 Travel & Leisure companies, Mahasagar Travels ranks better than 56.74% on this metric.

As of today (2026-08-03), Mahasagar Travels's current share price is ₹5.88. Mahasagar Travels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹5.57. Mahasagar Travels's Cyclically Adjusted PB Ratio for today is 1.06.

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

BOM:526795' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.57   Max: 1.42
Current: 1.01

During the past years, Mahasagar Travels's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.30. And the median was 0.57.

BOM:526795's Cyclically Adjusted PB Ratio is ranked better than
56.74% of 645 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs BOM:526795: 1.01

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.

Mahasagar Travels's adjusted book value per share data for the three months ended in Mar. 2026 was ₹0.622. 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 ₹5.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahasagar Travels  (BOM:526795) 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.


Mahasagar Travels Cyclically Adjusted PB Ratio Related Terms


Mahasagar Travels Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mahasagar Travels'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.

Mahasagar Travels Cyclically Adjusted PB Ratio Chart

Mahasagar Travels 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 0.36 0.70 1.03 1.06 1.20

Mahasagar Travels 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 1.06 0.00 0.78 0.00 1.20

BOM:526795 vs BKNG, ABNB, RCL: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, Mahasagar Travels'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.


Mahasagar Travels Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mahasagar Travels's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:526795
52GF Score
Mahasagar Travels Ltd BOM:526795
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahasagar Travels 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.

Mahasagar Travels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.88/5.57
=1.06

* 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.

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

For example, Mahasagar Travels'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)
=0.622/164.2724*164.2724
=0.622

Current CPI (Mar. 2026) = 164.2724.

Mahasagar Travels Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.616 105.961 13.357
201609 7.788 105.961 12.074
201612 8.094 105.196 12.639
201703 8.382 105.196 13.089
201706 8.423 107.109 12.918
201709 7.975 109.021 12.017
201712 0.000 109.404 0.000
201803 8.874 109.786 13.278
201806 0.000 111.317 0.000
201809 7.179 115.142 10.242
201812 0.000 115.142 0.000
201903 7.701 118.202 10.703
201906 0.000 120.880 0.000
201909 8.312 123.175 11.085
201912 0.000 126.235 0.000
202003 6.038 124.705 7.954
202006 0.000 127.000 0.000
202009 3.180 130.118 4.015
202012 0.000 130.889 0.000
202103 1.253 131.771 1.562
202106 0.000 134.084 0.000
202109 -0.839 135.847 -1.015
202112 0.000 138.161 0.000
202203 -0.956 138.822 -1.131
202206 0.000 142.347 0.000
202209 -1.589 144.661 -1.804
202212 0.000 145.763 0.000
202303 -0.717 146.865 -0.802
202306 0.000 150.280 0.000
202309 -0.908 151.492 -0.985
202312 0.000 152.924 0.000
202403 -0.288 153.035 -0.309
202406 0.000 155.789 0.000
202409 -1.074 157.882 -1.117
202412 0.000 158.323 0.000
202503 -0.058 157.552 -0.060
202506 0.000 159.755 0.000
202509 -0.229 162.289 -0.232
202512 0.000 163.281 0.000
202603 0.622 164.272 0.622

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 1.06 mean?
Mahasagar Travels (BOM:526795) has a Cyclically Adjusted PB Ratio of 1.06 as of Aug. 03, 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 Mahasagar Travels and its competitors. This is 86% above median its historical median of 0.57. Over the past decade, Mahasagar Travels' Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.42. According to the industry distribution chart, Mahasagar Travels ranks #279 out of 645 companies in the Travel & Leisure industry, placing it in the top 43.3%.
Is Mahasagar Travels' Cyclically Adjusted PB Ratio too high?
Mahasagar Travels' current Cyclically Adjusted PB Ratio of 1.06 is 86% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.42. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Mahasagar Travels' value of 1.06 is 11.7% below this industry median. Based on the distribution chart, Mahasagar Travels ranks #279 out of 645 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Mahasagar Travels has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mahasagar Travels' Cyclically Adjusted PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Mahasagar Travels ranks #279 out of 645 companies for Cyclically Adjusted PB Ratio. This puts Mahasagar Travels in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Mahasagar Travels' value of 1.06 is 11.7% below this benchmark. Historically, Mahasagar Travels' own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.42 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.20, Mahasagar Travels 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 645 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. Mahasagar Travels's current Cyclically Adjusted PB Ratio of 1.06 is 11.7% 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 Mahasagar Travels and its competitors. For the Travel & Leisure 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. Mahasagar Travels's current Cyclically Adjusted PB Ratio is 1.06, which is 86% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahasagar Travels stock overvalued right now?
Based on GuruFocus' analysis, Mahasagar Travels (BOM:526795) is currently considered Fairly Valued. The stock's GF Value™ is ₹5.92, compared to a current price of ₹5.88 — trading 0.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 86% above median its 10-year median of 0.57 and 11.7% below the Travel & Leisure industry median of 1.20. Mahasagar Travels' overall GF Score™ is 52/100 with 6 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 Mahasagar Travels (BOM:526795), the current Cyclically Adjusted PB Ratio is 1.06 as of Aug. 03, 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 Mahasagar Travels (BOM:526795) Overvalued in 2026?

Based on GuruFocus' analysis, Mahasagar Travels stock appears to be undervalued. The current stock price of ₹5.88 is trading 0.7% below its estimated GF Value™ of ₹5.92. GuruFocus considers Mahasagar Travels to be Fairly Valued.

Key valuation signals for BOM:526795:

  • Cyclically Adjusted PB Ratio: 1.06 (86% above median its 10-year median of 0.57)
  • GF Value™: ₹5.92 vs. price of ₹5.88 (0.7% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 11.7% below the Travel & Leisure median (#279 of 645)

No single metric tells the full story. See the BOM:526795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahasagar Travels Business Description

Address Jayshree Talkies Road, Mahasagar House, Kalwa Chowk, Junagadh, GJ, IND, 362001
Mahasagar Travels Ltd is engaged in providing service to the tourists of the state and thereby in the engagement of the service sector industry since the core business of the company is to provide service, the quality, facilities and safety are the prime concern of the management. It is involved in two segments namely Travels and Petroleum. The Travel segment generates maximum revenue for the company.
52GF Score

Get the complete analysis for BOM:526795

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

₹5.88
Price
₹5.92
GF Value