Inducto Steel (BOM:532001) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 04, 2026) — 12% Below Median

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BOM:532001 Inducto Steel Ltd BOM:532001
62 GF Score
Price ₹51.00
GF Value ₹78.46
Valuation Possible Value Trap
! 5 Warning Signs
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What is Inducto Steel Cyclically Adjusted PB Ratio?

Inducto Steel BOM:532001 +0.53% 62 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 04, 2026, which is 12% below its 10-year median of 0.43. GuruFocus rates BOM:532001 with a GF Score™ of 62/100 and a GF Value™ of ₹78.46 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 160 Waste Management companies, Inducto Steel ranks better than 81.25% on this metric.

As of today (2026-08-04), Inducto Steel's current share price is ₹51.00. Inducto Steel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹132.84. Inducto Steel's Cyclically Adjusted PB Ratio for today is 0.38.

The historical rank and industry rank for Inducto Steel's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532001' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.43   Max: 0.61
Current: 0.39

During the past years, Inducto Steel's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.28. And the median was 0.43.

BOM:532001's Cyclically Adjusted PB Ratio is ranked better than
81.25% of 160 companies
in the Waste Management industry
Industry Median: 1.57 vs BOM:532001: 0.39

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Inducto Steel's adjusted book value per share data for the three months ended in Mar. 2026 was ₹99.681. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹132.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inducto Steel  (BOM:532001) 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.


Inducto Steel Cyclically Adjusted PB Ratio Related Terms


Inducto Steel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Inducto Steel'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.

Inducto Steel Cyclically Adjusted PB Ratio Chart

Inducto Steel 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 0.44 0.40 0.35

Inducto Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.00 0.52 0.00 0.35

BOM:532001 vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Inducto Steel'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.


Inducto Steel Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Inducto Steel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532001
62GF Score
Inducto Steel Ltd BOM:532001
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inducto Steel 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.

Inducto Steel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.00/132.84
=0.38

* 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.

Inducto Steel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Inducto Steel's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=99.681/164.2724*164.2724
=99.681

Current CPI (Mar. 2026) = 164.2724.

Inducto Steel Quarterly Data

Book Value per Share CPI Adj_Book
201606 105.292 105.961 163.235
201609 102.140 105.961 158.349
201612 102.785 105.196 160.507
201703 101.396 105.196 158.338
201706 0.000 107.109 0.000
201709 102.243 109.021 154.059
201712 0.000 109.404 0.000
201803 101.995 109.786 152.614
201806 0.000 111.317 0.000
201809 102.955 115.142 146.885
201812 103.740 115.142 148.005
201903 103.066 118.202 143.237
201906 0.000 120.880 0.000
201909 103.815 123.175 138.453
201912 0.000 126.235 0.000
202003 103.539 124.705 136.391
202006 0.000 127.000 0.000
202009 103.183 130.118 130.267
202012 0.000 130.889 0.000
202103 100.074 131.771 124.758
202106 0.000 134.084 0.000
202109 105.290 135.847 127.321
202112 0.000 138.161 0.000
202203 105.718 138.822 125.100
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 107.164 146.865 119.866
202306 0.000 150.280 0.000
202309 107.677 151.492 116.761
202312 0.000 152.924 0.000
202403 107.566 153.035 115.465
202406 0.000 155.789 0.000
202409 99.641 157.882 103.674
202412 0.000 158.323 0.000
202503 98.317 157.552 102.511
202506 0.000 159.755 0.000
202509 95.845 162.289 97.016
202512 0.000 163.281 0.000
202603 99.681 164.272 99.681

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.

What does a Cyclically Adjusted PB Ratio of 0.38 mean?
Inducto Steel (BOM:532001) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Inducto Steel and its competitors. This is 12% below median its historical median of 0.43. Over the past decade, Inducto Steel's Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.61. According to the industry distribution chart, Inducto Steel ranks #30 out of 160 companies in the Waste Management industry, placing it in the top 18.7%.
Is Inducto Steel's Cyclically Adjusted PB Ratio too high?
Inducto Steel's current Cyclically Adjusted PB Ratio of 0.38 is 12% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.61. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.57. Inducto Steel's value of 0.38 is 75.8% below this industry median. Based on the distribution chart, Inducto Steel ranks #30 out of 160 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Inducto Steel has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inducto Steel's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Inducto Steel ranks #30 out of 160 companies for Cyclically Adjusted PB Ratio. This places Inducto Steel in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.57. Inducto Steel's value of 0.38 is 75.8% below this benchmark. Historically, Inducto Steel's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.61 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.57, Inducto Steel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.57, based on 160 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inducto Steel's current Cyclically Adjusted PB Ratio of 0.38 is 75.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Inducto Steel and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inducto Steel's current Cyclically Adjusted PB Ratio is 0.38, which is 12% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inducto Steel stock overvalued right now?
Based on GuruFocus' analysis, Inducto Steel (BOM:532001) is currently considered Possible Value Trap. The stock's GF Value™ is ₹78.46, compared to a current price of ₹51.00 — trading 35% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 12% below median its 10-year median of 0.43 and 75.8% below the Waste Management industry median of 1.57. Inducto Steel's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Inducto Steel (BOM:532001), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Inducto Steel (BOM:532001) Overvalued in 2026?

Based on GuruFocus' analysis, Inducto Steel stock appears to be undervalued. The current stock price of ₹51.00 is trading 35% below its estimated GF Value™ of ₹78.46. GuruFocus considers Inducto Steel to be Possible Value Trap.

Key valuation signals for BOM:532001:

  • Cyclically Adjusted PB Ratio: 0.38 (12% below median its 10-year median of 0.43)
  • GF Value™: ₹78.46 vs. price of ₹51.00 (35% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 75.8% below the Waste Management median (#30 of 160)

No single metric tells the full story. See the BOM:532001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inducto Steel Business Description

Address 220, Jamnalal Bajaj Marg, 156, Maker Chambers VI, Nariman Point, Mumbai, MH, IND, 400021
Inducto Steel Ltd is a company that operates in ship breaking business and trading activities in metal scrap, coals, aluminum foil & other inputs. The activities of the group function through Mumbai in trading and investments and via Bhavnagar in the shipbreaking and trading segments. The Trading engages in the business of trading in metal scrap, coals, graphite electrodes, and other industrial inputs. Ship Breaking includes dismantling or breaking old and used ships. The company's geographic segment includes Mumbai and Bhavnagar. The company generates the majority of its revenue from Bhavnagar.
62GF Score

Get the complete analysis for BOM:532001

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

₹51.00
Price
₹78.46
GF Value