Tirupatirjan (BOM:531814) Cyclically Adjusted PB Ratio: (As of Sep. 15, 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:531814 Tirupati Sarjan Ltd BOM:531814
73 GF Score
Price ₹8.10
GF Value ₹15.24
Valuation Possible Value Trap
! 5 Warning Signs
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What is Tirupatirjan Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tirupatirjan  (BOM:531814) 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.


Tirupatirjan Cyclically Adjusted PB Ratio Related Terms


Tirupatirjan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tirupatirjan'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.

Tirupatirjan Cyclically Adjusted PB Ratio Chart

Tirupatirjan Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.12 0.00 0.00

Tirupatirjan Quarterly Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Mar26
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 0.81 0.64 0.53 0.41 0.26

Tirupatirjan Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Tirupatirjan'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.


Tirupatirjan Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


BOM:531814
73GF Score
Tirupati Sarjan Ltd BOM:531814
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tirupatirjan 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.

Tirupatirjan's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Tirupatirjan's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=28.477/164.2724*164.2724
=28.477

Current CPI (Mar26) = 164.2724.

Tirupatirjan Annual Data

Book Value per Share CPI Adj_Book
201103 9.014 70.768 20.924
201203 11.375 76.889 24.303
201303 12.002 85.687 23.009
201403 16.395 91.425 29.459
201503 17.952 97.163 30.351
201603 14.863 102.518 23.816
201703 15.029 105.196 23.469
201803 18.257 109.786 27.318
202003 17.821 124.705 23.475
202603 28.477 164.272 28.477

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 Tirupatirjan (BOM:531814) Overvalued in 2026?

Based on GuruFocus' analysis, Tirupatirjan stock appears to be undervalued. The current stock price of ₹8.10 is trading 46.9% below its estimated GF Value™ of ₹15.24. GuruFocus considers Tirupatirjan to be Possible Value Trap.

Key valuation signals for BOM:531814:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹15.24 vs. price of ₹8.10 (46.9% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the BOM:531814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tirupatirjan Business Description

Address S.G. Highway, A/11, 12, 13, Satyamev Complex, Opposite Gujarat High Court, Ahmedabad, GJ, IND, 380 060
Tirupati Sarjan Ltd is engaged in civil construction and real estate development business. The company is in the development of residential, commercial and government, and international projects. It focuses on residential and commercial projects in cities of North Gujarat. The group has also spread its wings to other parts of Gujarat by launching high-end luxury residential projects.
73GF Score

Get the complete analysis for BOM:531814

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

₹8.10
Price
₹15.24
GF Value