Vardhman Concrete (BOM:531444) Cyclically Adjusted PB Ratio: (As of Sep. 07, 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
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:531444 Vardhman Concrete Ltd BOM:531444
23 GF Score
Price ₹5.10
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What is Vardhman Concrete Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vardhman Concrete  (BOM:531444) 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.


Vardhman Concrete Cyclically Adjusted PB Ratio Related Terms


Vardhman Concrete Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vardhman Concrete'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.

Vardhman Concrete Cyclically Adjusted PB Ratio Chart

Vardhman Concrete Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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Vardhman Concrete 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 0.00 0.00 0.00 0.00

BOM:531444 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Vardhman Concrete'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.


Vardhman Concrete Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Vardhman Concrete's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:531444
23GF Score
Vardhman Concrete Ltd BOM:531444
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Concrete 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.

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

For example, Vardhman Concrete'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.

Vardhman Concrete Quarterly Data

Book Value per Share CPI Adj_Book
201609 -12.511 105.961 -19.760
201612 0.000 105.196 0.000
201703 -9.323 105.196 -14.832
201706 0.000 107.109 0.000
201709 -9.337 109.021 -14.333
201712 0.000 109.404 0.000
201803 -9.902 109.786 -15.095
201806 0.000 111.317 0.000
201809 -10.099 115.142 -14.679
201812 0.000 115.142 0.000
201903 -9.930 118.202 -14.059
201906 0.000 120.880 0.000
201909 -10.149 123.175 -13.789
201912 0.000 126.235 0.000
202003 -10.197 124.705 -13.685
202006 0.000 127.000 0.000
202009 -10.433 130.118 -13.419
202012 0.000 130.889 0.000
202103 -10.639 131.771 -13.512
202106 0.000 134.084 0.000
202109 -10.893 135.847 -13.420
202112 0.000 138.161 0.000
202203 -11.142 138.822 -13.432
202206 0.000 142.347 0.000
202209 -11.248 144.661 -13.013
202212 0.000 145.763 0.000
202303 -11.707 146.865 -13.341
202306 -11.775 150.280 -13.113
202309 -11.867 151.492 -13.110
202312 0.000 152.924 0.000
202403 -13.514 153.035 -14.779
202406 -13.649 155.789 -14.663
202409 -13.791 157.882 -14.619
202412 -13.948 158.323 -14.744
202503 -14.115 157.552 -14.993
202506 0.000 159.755 0.000
202509 -14.202 162.289 -14.646
202512 0.000 163.281 0.000
202603 -14.281 164.272 -14.549
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.


Vardhman Concrete Business Description

Address 140, N. M. Marg, 120, Commerce House, Fort, Mumbai, MH, IND, 400001
Vardhman Concrete Ltd operates in the construction sector. The company is engaged in designing, procuring, constructing, commissioning and managing all works of roads, bridges, buildings, Industrial structures, transmission line poles, Power stations, reactors, space facilities, silos, storages godowns, culverts, docks, harbours, piers, wharves, canals, reservoirs, dams, embankments, irrigation works, reclamation, water supply works water and drainage carriage systems, water and sewerage treatment works, sewerage disposal works, water and sewerage pumping stations, storm water and surface drainage, sanitation gas, telephonic, telegraphic and power supply works and all other works..
23GF 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.

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