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.
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.
Bank of BarodaBOM:532134 -0.51%69 Cyclically Adjusted PB Ratio is 0.90 as of Sep. 10, 2026, which is 14% below its 10-year median of 1.05. GuruFocus rates BOM:532134 with a GF Score™ of 69/100 and a GF Value™ of ₹261.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,273 Banks companies, Bank of Baroda ranks better than 70.07% on this metric.
The historical rank and industry rank for Bank of Baroda's Cyclically Adjusted PB Ratio or its related term are showing as below:
BOM:532134'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.05 Max: 1.29
Current: 0.92
During the past years, Bank of Baroda's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.86. And the median was 1.05.
BOM:532134's Cyclically Adjusted PB Ratio is ranked better than 70.07% of 1273
companies
in the Banks industry
Industry Median: 1.29
vs BOM:532134: 0.92
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.
Bank of Baroda's adjusted book value per share data for the three months ended in Jun. 2026 was ₹325.832. 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 ₹261.07 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bank of Baroda (BOM:532134) 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.
Bank of Baroda Cyclically Adjusted PB Ratio Related Terms
Bank of Baroda Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Bank of Baroda'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.
Bank of Baroda Cyclically Adjusted PB Ratio Competitor Comparison
For the Banks - Regional subindustry, Bank of Baroda'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.
Bank of Baroda Cyclically Adjusted PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Baroda's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Bank of Baroda's Cyclically Adjusted PB Ratio falls into.
Bank of Baroda 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.
Bank of Baroda's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.90 mean?
Bank of Baroda (BOM:532134) has a Cyclically Adjusted PB Ratio of 0.90 as of Sep. 10, 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 Bank of Baroda and its competitors. This is 14% below median its historical median of 1.05. Over the past decade, Bank of Baroda's Cyclically Adjusted PB Ratio has ranged from 0.86 to 1.29. According to the industry distribution chart, Bank of Baroda ranks #381 out of 1273 companies in the Banks industry, placing it in the top 29.9%.
Is Bank of Baroda's Cyclically Adjusted PB Ratio too high?
Bank of Baroda's current Cyclically Adjusted PB Ratio of 0.90 is 14% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.29. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. Bank of Baroda's value of 0.90 is 30.2% below this industry median. Based on the distribution chart, Bank of Baroda ranks #381 out of 1273 companies in the Banks industry, which is above the industry midpoint. Overall, Bank of Baroda has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Baroda's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Bank of Baroda ranks #381 out of 1273 companies for Cyclically Adjusted PB Ratio. This puts Bank of Baroda in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Bank of Baroda's value of 0.90 is 30.2% below this benchmark. Historically, Bank of Baroda's own Cyclically Adjusted PB Ratio has ranged from 0.86 to 1.29 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.29, Bank of Baroda 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.29, based on 1,273 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. Bank of Baroda's current Cyclically Adjusted PB Ratio of 0.90 is 30.2% 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 Bank of Baroda and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Baroda's current Cyclically Adjusted PB Ratio is 0.90, which is 14% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Baroda stock overvalued right now?
Based on GuruFocus' analysis, Bank of Baroda (BOM:532134) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹261.79, compared to a current price of ₹234.90 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 14% below median its 10-year median of 1.05 and 30.2% below the Banks industry median of 1.29. Bank of Baroda's overall GF Score™ is 69/100 with 3 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 Bank of Baroda (BOM:532134), the current Cyclically Adjusted PB Ratio is 0.90 as of Sep. 10, 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 Bank of Baroda (BOM:532134) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Baroda stock appears to be undervalued.
The current stock price of ₹234.90 is trading 10.3% below its estimated GF Value™ of ₹261.79.
GuruFocus considers Bank of Baroda to be Modestly Undervalued.
Key valuation signals for BOM:532134:
Cyclically Adjusted PB Ratio: 0.90 (14% below median its 10-year median of 1.05)
GF Value™: ₹261.79 vs. price of ₹234.90 (10.3% below fair value)
Industry Position: 30.2% below the Banks median (#381 of 1273)
No single metric tells the full story. See the BOM:532134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Baroda is a state-owned banking and financial services company in India. It has four segments Treasury includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate / Wholesale Banking comprises all the lending activities which are not included under Retail Banking; Retail Banking comprises of borrower accounts having exposure of upto 7.5 Crores. Digital Banking sub segment under retail segment represents balances of Digital Banking Units functioning in the bank as per RBI directive; and Other Banking Operations Segments. The bank generates majority of income from Retail Banking. It has presence in Domestic and International both of which majority of incomes is from Domestic.
69GF Score
Get the complete analysis for BOM:532134
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532134 has been successfully added to your 
