TVS Electronics (BOM:532513) 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:532513 TVS Electronics Ltd BOM:532513
74 GF Score
Price ₹411.00
GF Value ₹462.46
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is TVS Electronics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TVS Electronics  (BOM:532513) 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.


TVS Electronics Cyclically Adjusted PB Ratio Related Terms


TVS Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TVS Electronics'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.

TVS Electronics Cyclically Adjusted PB Ratio Chart

TVS Electronics 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 0.00 6.65

TVS Electronics 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 11.68 0.00 6.65 0.00

BOM:532513 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, TVS Electronics'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.


TVS Electronics Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TVS Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532513
74GF Score
TVS Electronics Ltd BOM:532513
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TVS Electronics 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.

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

For example, TVS Electronics'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.

TVS Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201203 22.070 76.889 48.038
201303 23.355 85.687 45.615
201403 23.617 91.425 43.232
201503 24.833 97.163 42.773
201603 32.793 102.518 53.533
201703 36.055 105.196 57.360
201803 44.447 109.786 67.755
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 46.731 118.202 66.164
201906 0.000 120.880 0.000
201909 47.662 123.175 64.758
201912 0.000 126.235 0.000
202003 43.228 124.705 58.013
202006 0.000 127.000 0.000
202009 38.499 130.118 49.517
202012 0.000 130.889 0.000
202103 43.855 131.771 55.699
202106 0.000 134.084 0.000
202109 46.440 135.847 57.212
202112 0.000 138.161 0.000
202203 49.657 138.822 59.864
202206 0.000 142.347 0.000
202209 53.147 144.661 61.485
202212 0.000 145.763 0.000
202303 54.584 146.865 62.200
202306 0.000 150.280 0.000
202309 53.560 151.492 59.169
202312 0.000 152.924 0.000
202403 52.971 153.035 57.929
202406 0.000 155.789 0.000
202409 50.477 157.882 53.506
202412 0.000 158.323 0.000
202503 50.622 157.552 53.773
202506 0.000 159.755 0.000
202509 48.960 162.289 50.489
202512 0.000 163.281 0.000
202603 51.448 164.272 52.414
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 TVS Electronics (BOM:532513) Overvalued in 2026?

Based on GuruFocus' analysis, TVS Electronics stock appears to be undervalued. The current stock price of ₹411.00 is trading 11.1% below its estimated GF Value™ of ₹462.46. GuruFocus considers TVS Electronics to be Modestly Undervalued.

Key valuation signals for BOM:532513:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹462.46 vs. price of ₹411.00 (11.1% below fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the BOM:532513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TVS Electronics Business Description

Other Exchanges TVSELECT:India
Address No. 117/1, L.B. Road, Arihant E-Park, 9th Floor, Adyar, Chennai, TN, IND, 600 020
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
74GF Score

Get the complete analysis for BOM:532513

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

₹411.00
Price
₹462.46
GF Value