Ajel (BOM:530713) 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.
Reviewed by: Charlie Tian Charlie Tian
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:530713 Ajel Ltd BOM:530713
8 GF Score
Price ₹6.29
GF Value ₹18.31
! 3 Warning Signs
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What is Ajel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajel  (BOM:530713) 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.


Ajel Cyclically Adjusted PB Ratio Related Terms


Ajel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ajel'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.

Ajel Cyclically Adjusted PB Ratio Chart

Ajel 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 0.47 0.50 0.95 0.59 0.40

Ajel 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 0.39 0.00 0.40 0.00

BOM:530713 vs IBM, ACN, FI: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Ajel'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.


Ajel Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Ajel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:530713
8GF Score
Ajel Ltd BOM:530713
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajel 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.

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

For example, Ajel'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.

Ajel Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 15.156 105.196 24.112
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 14.339 109.786 21.858
201806 0.000 111.317 0.000
201809 14.836 115.142 21.564
201812 0.000 115.142 0.000
201903 11.302 118.202 16.002
201906 0.000 120.880 0.000
201909 11.442 123.175 15.546
201912 0.000 126.235 0.000
202003 11.502 124.705 15.436
202006 0.000 127.000 0.000
202009 9.506 130.118 12.227
202012 0.000 130.889 0.000
202103 11.426 131.771 14.512
202106 0.000 134.084 0.000
202109 16.923 135.847 20.848
202112 0.000 138.161 0.000
202203 11.883 138.822 14.326
202206 0.000 142.347 0.000
202209 17.686 144.661 20.461
202212 0.000 145.763 0.000
202303 12.742 146.865 14.520
202306 0.000 150.280 0.000
202309 12.909 151.492 14.261
202312 0.000 152.924 0.000
202403 12.136 153.035 13.272
202406 0.000 155.789 0.000
202409 10.769 157.882 11.415
202412 0.000 158.323 0.000
202503 10.978 157.552 11.661
202506 0.000 159.755 0.000
202509 11.316 162.289 11.669
202512 0.000 163.281 0.000
202603 11.579 164.272 11.796
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 Ajel (BOM:530713) Overvalued in 2026?

Based on GuruFocus' analysis, Ajel stock appears to be undervalued. The current stock price of ₹6.29 is trading 65.6% below its estimated GF Value™ of ₹18.31.

Key valuation signals for BOM:530713:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹18.31 vs. price of ₹6.29 (65.6% below fair value)
  • GF Score™: 8/100 with 3 warning signs

No single metric tells the full story. See the BOM:530713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajel Business Description

Address Road No. 35 Survey of India Colony, Plot No. 645, Flat No. 302, DNR Residency, Chanda Naik Nagar, Madhapur, Hyderabad, TG, IND, 500081
Ajel Ltd is a software services company that is engaged in the provision of information technology consulting, systems integration, and outsourcing solutions to clients in key industry verticals. Its services include offering information management, software development, enterprise solutions, application development and management, outsourcing services, and mobility solutions. The group derives revenue from software development, consulting services, and allied services and generates a majority of the company's revenue from consulting services.
8GF Score

Get the complete analysis for BOM:530713

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

₹6.29
Price
₹18.31
GF Value