Prajay Engineers Syndicate (BOM:531746) Cyclically Adjusted PB Ratio: (As of Sep. 09, 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:531746 Prajay Engineers Syndicate Ltd BOM:531746
38 GF Score
Price ₹22.65
GF Value ₹14.01
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Prajay Engineers Syndicate Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prajay Engineers Syndicate  (BOM:531746) 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.


Prajay Engineers Syndicate Cyclically Adjusted PB Ratio Related Terms


Prajay Engineers Syndicate Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prajay Engineers Syndicate'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.

Prajay Engineers Syndicate Cyclically Adjusted PB Ratio Chart

Prajay Engineers Syndicate 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 0.00 0.13 0.15

Prajay Engineers Syndicate 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 0.19 0.00 0.15 0.00

Prajay Engineers Syndicate Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Prajay Engineers Syndicate'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.


Prajay Engineers Syndicate Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Prajay Engineers Syndicate's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:531746
38GF Score
Prajay Engineers Syndicate Ltd BOM:531746
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prajay Engineers Syndicate 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.

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

For example, Prajay Engineers Syndicate'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.

Prajay Engineers Syndicate Quarterly Data

Book Value per Share CPI Adj_Book
201209 190.031 82.244 386.691
201212 0.000 83.774 0.000
201303 85.339 85.687 166.678
201403 93.600 91.425 171.339
201503 96.129 97.163 165.576
201603 92.045 102.518 150.260
201703 88.666 105.196 141.060
201803 85.489 109.786 130.319
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 82.826 118.202 117.270
201906 0.000 120.880 0.000
201909 82.940 123.175 112.690
201912 0.000 126.235 0.000
202003 82.165 124.705 110.267
202006 0.000 127.000 0.000
202009 81.516 130.118 104.846
202012 0.000 130.889 0.000
202103 81.441 131.771 103.435
202106 0.000 134.084 0.000
202109 81.539 135.847 100.452
202112 0.000 138.161 0.000
202203 81.086 138.822 97.754
202206 0.000 142.347 0.000
202209 80.365 144.661 92.974
202212 0.000 145.763 0.000
202303 79.563 146.865 90.665
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 73.869 153.035 80.783
202406 0.000 155.789 0.000
202409 72.213 157.882 76.547
202412 0.000 158.323 0.000
202503 69.583 157.552 73.914
202506 0.000 159.755 0.000
202509 68.919 162.289 71.071
202512 0.000 163.281 0.000
202603 68.352 164.272 69.636
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 Prajay Engineers Syndicate (BOM:531746) Overvalued in 2026?

Based on GuruFocus' analysis, Prajay Engineers Syndicate stock appears to be overvalued. The current stock price of ₹22.65 is trading 61.7% above its estimated GF Value™ of ₹14.01. GuruFocus considers Prajay Engineers Syndicate to be Significantly Overvalued.

Key valuation signals for BOM:531746:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹14.01 vs. price of ₹22.65 (61.7% above fair value)
  • GF Score™: 38/100 with 5 warning signs

No single metric tells the full story. See the BOM:531746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prajay Engineers Syndicate Business Description

Other Exchanges PRAENG:India
Address Prajay Corporate House, 1-10-63 and 64, 5th Floor, Chikoti Gardens, Begumpet, Hyderabad, TG, IND, 500016
Prajay Engineers Syndicate Ltd is a real estate company. Its operating segment includes the Real estate segment and Hospitality Hotels and Resorts. It generates maximum revenue from the Real estate segment which is into development, sale, management, and operation of all or any part of townships, housing projects as well as leasing of self-owned commercial premises. The hotels and resorts segment (HR) is involved in the upkeep and maintenance of hotels, restaurants, and resorts. Geographically, it operates only in India.
38GF Score

Get the complete analysis for BOM:531746

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

₹22.65
Price
₹14.01
GF Value