Eveready Industries India (BOM:531508) Cyclically Adjusted PB Ratio: (As of Sep. 03, 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:531508 Eveready Industries India Ltd BOM:531508
68 GF Score
Price ₹320.70
GF Value ₹392.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Eveready Industries India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eveready Industries India  (BOM:531508) 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.


Eveready Industries India Cyclically Adjusted PB Ratio Related Terms


Eveready Industries India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eveready Industries India'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.

Eveready Industries India Cyclically Adjusted PB Ratio Chart

Eveready Industries India 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 0.00 0.00 3.09 3.64 3.67

Eveready Industries India 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 4.61 0.00 3.67 0.00

BOM:531508 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Eveready Industries India'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.


Eveready Industries India Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eveready Industries India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:531508
68GF Score
Eveready Industries India Ltd BOM:531508
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eveready Industries India 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.

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

For example, Eveready Industries India'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.

Eveready Industries India Quarterly Data

Book Value per Share CPI Adj_Book
201303 80.363 85.687 156.959
201312 0.000 91.425 0.000
201403 81.646 91.425 149.457
201503 20.075 97.163 34.578
201603 28.382 102.518 46.333
201703 39.829 105.196 63.364
201803 47.151 109.786 71.877
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 51.715 118.202 73.221
201906 0.000 120.880 0.000
201909 55.251 123.175 75.069
201912 0.000 126.235 0.000
202003 76.426 124.705 102.566
202006 0.000 127.000 0.000
202009 87.794 130.118 112.920
202012 0.000 130.889 0.000
202103 33.695 131.771 42.795
202106 0.000 134.084 0.000
202109 42.166 135.847 51.947
202112 0.000 138.161 0.000
202203 39.905 138.822 48.108
202206 0.000 142.347 0.000
202209 45.097 144.661 52.172
202212 0.000 145.763 0.000
202303 43.947 146.865 50.079
202306 0.000 150.280 0.000
202309 50.749 151.492 56.064
202312 0.000 152.924 0.000
202403 53.202 153.035 58.181
202406 0.000 155.789 0.000
202409 60.212 157.882 63.826
202412 0.000 158.323 0.000
202503 63.437 157.552 67.385
202506 0.000 159.755 0.000
202509 65.042 162.289 67.073
202512 0.000 163.281 0.000
202603 85.702 164.272 87.311
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 Eveready Industries India (BOM:531508) Overvalued in 2026?

Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued. The current stock price of ₹320.70 is trading 18.2% below its estimated GF Value™ of ₹392.15. GuruFocus considers Eveready Industries India to be Modestly Undervalued.

Key valuation signals for BOM:531508:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹392.15 vs. price of ₹320.70 (18.2% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eveready Industries India Business Description

Other Exchanges EVEREADY:India
Address 2 Rainey Park, Kolkata, WB, IND, 700019
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
68GF Score

Get the complete analysis for BOM:531508

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

₹320.70
Price
₹392.15
GF Value