New Delhi Television (BOM:532529) 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:532529 New Delhi Television Ltd BOM:532529
49 GF Score
Price ₹72.96
GF Value ₹137.94
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is New Delhi Television Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Delhi Television  (BOM:532529) 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.


New Delhi Television Cyclically Adjusted PB Ratio Related Terms


New Delhi Television Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Delhi Television'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.

New Delhi Television Cyclically Adjusted PB Ratio Chart

New Delhi Television 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 10.75 8.43 8.62 4.51 3.23

New Delhi Television 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 6.02 0.00 3.23 0.00

BOM:532529 vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, New Delhi Television'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.


New Delhi Television Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New Delhi Television's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532529
49GF Score
New Delhi Television Ltd BOM:532529
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Delhi Television 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.

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

For example, New Delhi Television'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.

New Delhi Television Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.516 105.961 5.553
201612 0.000 105.196 0.000
201703 12.700 105.196 20.205
201706 0.000 107.109 0.000
201709 9.267 109.021 14.226
201712 0.000 109.404 0.000
201803 6.053 109.786 9.227
201806 0.000 111.317 0.000
201809 5.792 115.142 8.419
201812 0.000 115.142 0.000
201903 8.098 118.202 11.466
201906 0.000 120.880 0.000
201909 8.604 123.175 11.690
201912 0.000 126.235 0.000
202003 10.864 124.705 14.580
202006 0.000 127.000 0.000
202009 13.847 130.118 17.810
202012 0.000 130.889 0.000
202103 18.678 131.771 23.722
202106 0.000 134.084 0.000
202109 22.154 135.847 27.293
202112 0.000 138.161 0.000
202203 28.676 138.822 34.570
202206 0.000 142.347 0.000
202209 32.975 144.661 38.149
202212 0.000 145.763 0.000
202303 34.439 146.865 39.244
202306 0.000 150.280 0.000
202309 34.034 151.492 37.598
202312 0.000 152.924 0.000
202403 31.810 153.035 34.787
202406 0.000 155.789 0.000
202409 19.413 157.882 20.578
202412 0.000 158.323 0.000
202503 7.232 157.552 7.682
202506 0.000 159.755 0.000
202509 -13.746 162.289 -14.175
202512 0.000 163.281 0.000
202603 11.368 164.272 11.581
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 New Delhi Television (BOM:532529) Overvalued in 2026?

Based on GuruFocus' analysis, New Delhi Television stock appears to be undervalued. The current stock price of ₹72.96 is trading 47.1% below its estimated GF Value™ of ₹137.94. GuruFocus considers New Delhi Television to be Possible Value Trap.

Key valuation signals for BOM:532529:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹137.94 vs. price of ₹72.96 (47.1% below fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the BOM:532529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Delhi Television Business Description

Other Exchanges NDTV:India
Address Noida-Greater Noida Expressway, Max Square, 1st Floor, Jaypee Wishtown, Plot No. C3-C, Sector - 129, Noida, UP, IND, 201304
New Delhi Television Ltd is in the business of television media and currently operates three channels including a dual channel namely NDTV 24x7, NDTV India, and NDTV Profit. The subsidiaries of the company include NDTV Convergence Ltd and NDTV World-wide Ltd offers consultancy for setting up of local television news channels in emerging markets across the world. The company also has associates and joint venture engaged into different e-commerce businesses on various platforms such as www.Gadgets360.com and www.mojarto.com. The company operates in India, America, Europe and Others.
49GF Score

Get the complete analysis for BOM:532529

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

₹72.96
Price
₹137.94
GF Value