Upsurge Investment & Finance (BOM:531390) Cyclically Adjusted PB Ratio: (As of Sep. 08, 2026)

Author: Vera Yuan Vera Yuan
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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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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:531390 Upsurge Investment & Finance Ltd BOM:531390
70 GF Score
Price ₹68.31
GF Value ₹49.75
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Upsurge Investment & Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Upsurge Investment & Finance  (BOM:531390) 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.


Upsurge Investment & Finance Cyclically Adjusted PB Ratio Related Terms


Upsurge Investment & Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Upsurge Investment & Finance'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.

Upsurge Investment & Finance Cyclically Adjusted PB Ratio Chart

Upsurge Investment & Finance 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 2.30 1.57 2.04 3.16 1.86

Upsurge Investment & Finance 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 2.96 0.00 1.86 0.00

BOM:531390 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Upsurge Investment & Finance'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.


Upsurge Investment & Finance Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Upsurge Investment & Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Upsurge Investment & Finance's Cyclically Adjusted PB Ratio falls into.


BOM:531390
70GF Score
Upsurge Investment & Finance Ltd BOM:531390
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Upsurge Investment & Finance 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.

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

For example, Upsurge Investment & Finance'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.

Upsurge Investment & Finance Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.088 105.961 22.251
201612 0.000 105.196 0.000
201703 14.305 105.196 22.758
201706 0.000 107.109 0.000
201709 15.152 109.021 23.260
201712 0.000 109.404 0.000
201803 15.578 109.786 23.747
201806 0.000 111.317 0.000
201809 16.276 115.142 23.657
201812 0.000 115.142 0.000
201903 15.736 118.202 22.280
201906 0.000 120.880 0.000
201909 15.455 123.175 20.999
201912 0.000 126.235 0.000
202003 12.982 124.705 17.422
202006 0.000 127.000 0.000
202009 15.851 130.118 20.388
202012 0.000 130.889 0.000
202103 18.939 131.771 24.054
202106 0.000 134.084 0.000
202109 22.267 135.847 27.432
202112 0.000 138.161 0.000
202203 24.713 138.822 29.793
202206 0.000 142.347 0.000
202209 27.593 144.661 31.922
202212 0.000 145.763 0.000
202303 24.545 146.865 27.970
202306 0.000 150.280 0.000
202309 28.027 151.492 30.962
202312 0.000 152.924 0.000
202403 31.480 153.035 34.426
202406 0.000 155.789 0.000
202409 51.197 157.882 54.270
202412 0.000 158.323 0.000
202503 52.227 157.552 55.477
202506 0.000 159.755 0.000
202509 56.020 162.289 57.769
202512 0.000 163.281 0.000
202603 53.455 164.272 54.459
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 Upsurge Investment & Finance (BOM:531390) Overvalued in 2026?

Based on GuruFocus' analysis, Upsurge Investment & Finance stock appears to be overvalued. The current stock price of ₹68.31 is trading 37.3% above its estimated GF Value™ of ₹49.75. GuruFocus considers Upsurge Investment & Finance to be Significantly Overvalued.

Key valuation signals for BOM:531390:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹49.75 vs. price of ₹68.31 (37.3% above fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the BOM:531390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Upsurge Investment & Finance Business Description

Address Off New Link Road, Behind Crystal Plaza, Office No. 303, Morya Landmark-I, Andheri (West), Mumbai, MH, IND, 400053
Upsurge Investment & Finance Ltd is a non-banking finance company. It is mainly engaged in the business of investment and finance. In addition, the company is actively investing in primary and secondary markets. The company operates mainly in the business segment, Financial Services. It provides a wide range of services, including corporate finance, gold loans, real estate mortgage finance, and loans against shares and securities.
70GF Score

Get the complete analysis for BOM:531390

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

₹68.31
Price
₹49.75
GF Value