Daulat Securities (BOM:530171) Cyclically Adjusted PB Ratio: 0.67 (As of Aug. 23, 2026) — 15% Below Median

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BOM:530171 Daulat Securities Ltd BOM:530171
42 GF Score
Price ₹25.68
! 1 Warning Sign
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What is Daulat Securities Cyclically Adjusted PB Ratio?

Daulat Securities BOM:530171 -10.83% 42 Cyclically Adjusted PB Ratio is 0.67 as of Aug. 23, 2026, which is 15% below its 10-year median of 0.79. GuruFocus rates BOM:530171 with a GF Score™ of 42/100. The stock has 1 warning sign investors should review. Among 529 Capital Markets companies, Daulat Securities ranks better than 72.02% on this metric.

As of today (2026-08-23), Daulat Securities's current share price is ₹25.68. Daulat Securities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹38.19. Daulat Securities's Cyclically Adjusted PB Ratio for today is 0.67.

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

BOM:530171' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.79   Max: 2.03
Current: 0.67

During the past years, Daulat Securities's highest Cyclically Adjusted PB Ratio was 2.03. The lowest was 0.12. And the median was 0.79.

BOM:530171's Cyclically Adjusted PB Ratio is ranked better than
72.02% of 529 companies
in the Capital Markets industry
Industry Median: 1.31 vs BOM:530171: 0.67

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.

Daulat Securities's adjusted book value per share data for the three months ended in Mar. 2026 was ₹38.668. 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 ₹38.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daulat Securities  (BOM:530171) 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.


Daulat Securities Cyclically Adjusted PB Ratio Related Terms


Daulat Securities Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daulat Securities'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.

Daulat Securities Cyclically Adjusted PB Ratio Chart

Daulat Securities 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 0.97 0.60 0.91 1.08 0.64

Daulat Securities 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 1.08 1.04 1.07 0.83 0.64

BOM:530171 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Daulat Securities'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.


Daulat Securities Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daulat Securities's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:530171
42GF Score
Daulat Securities Ltd BOM:530171
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Daulat Securities 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.

Daulat Securities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.68/38.19
=0.67

* 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.

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

For example, Daulat Securities'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)
=38.668/164.2724*164.2724
=38.668

Current CPI (Mar. 2026) = 164.2724.

Daulat Securities Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 24.190 105.961 37.502
201612 24.510 105.196 38.274
201703 24.193 105.196 37.779
201706 24.834 107.109 38.088
201709 24.976 109.021 37.634
201712 25.452 109.404 38.217
201803 25.203 109.786 37.711
201806 24.863 111.317 36.691
201809 25.203 115.142 35.957
201812 23.439 115.142 33.440
201903 24.942 118.202 34.663
201906 24.251 120.880 32.956
201909 23.873 123.175 31.838
201912 23.783 126.235 30.949
202003 22.363 124.705 29.458
202006 23.328 127.000 30.174
202009 23.845 130.118 30.104
202012 24.884 130.889 31.231
202103 26.780 131.771 33.385
202106 30.416 134.084 37.264
202109 32.020 135.847 38.720
202112 32.291 138.161 38.394
202203 29.843 138.822 35.314
202206 30.406 142.347 35.089
202209 32.255 144.661 36.628
202212 33.461 145.763 37.710
202303 32.286 146.865 36.113
202306 33.741 150.280 36.883
202309 35.721 151.492 38.735
202312 39.038 152.924 41.935
202403 41.933 153.035 45.012
202406 48.298 155.789 50.928
202409 49.273 157.882 51.267
202412 47.917 158.323 49.718
202503 43.478 157.552 45.333
202506 46.097 159.755 47.400
202509 45.744 162.289 46.303
202512 45.809 163.281 46.087
202603 38.668 164.272 38.668

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 0.67 mean?
Daulat Securities (BOM:530171) has a Cyclically Adjusted PB Ratio of 0.67 as of Aug. 23, 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 Daulat Securities and its competitors. This is 15% below median its historical median of 0.79. Over the past decade, Daulat Securities' Cyclically Adjusted PB Ratio has ranged from 0.12 to 2.03. According to the industry distribution chart, Daulat Securities ranks #148 out of 529 companies in the Capital Markets industry, placing it in the top 28%.
Is Daulat Securities' Cyclically Adjusted PB Ratio too high?
Daulat Securities' current Cyclically Adjusted PB Ratio of 0.67 is 15% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 2.03. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. Daulat Securities' value of 0.67 is 48.9% below this industry median. Based on the distribution chart, Daulat Securities ranks #148 out of 529 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Daulat Securities has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Daulat Securities' Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Daulat Securities ranks #148 out of 529 companies for Cyclically Adjusted PB Ratio. This puts Daulat Securities in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. Daulat Securities' value of 0.67 is 48.9% below this benchmark. Historically, Daulat Securities' own Cyclically Adjusted PB Ratio has ranged from 0.12 to 2.03 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.31, Daulat Securities 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 529 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. Daulat Securities's current Cyclically Adjusted PB Ratio of 0.67 is 48.9% 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 Daulat Securities and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daulat Securities's current Cyclically Adjusted PB Ratio is 0.67, which is 15% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daulat Securities stock overvalued right now?
Daulat Securities (BOM:530171) has a current Cyclically Adjusted PB Ratio of 0.67. The current Cyclically Adjusted PB Ratio is 0.67, which is 15% below median its 10-year median of 0.79 and 48.9% below the Capital Markets industry median of 1.31. Daulat Securities' overall GF Score™ is 42/100 with 1 warning sign 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 Daulat Securities (BOM:530171), the current Cyclically Adjusted PB Ratio is 0.67 as of Aug. 23, 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.

Daulat Securities Business Description

Address 14A Earle Street, 1st Floor, PS Park Origin, Kolkata, WB, IND, 700026
Daulat Securities Ltd is engaged in stock broking operations and Depository Participant. It deals in the buying, selling, trading, and transferring of financial instruments.
42GF Score

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

₹25.68
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