Xchanging Solutions (BOM:532616) Cyclically Adjusted PB Ratio: (As of Sep. 13, 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:532616 Xchanging Solutions Ltd BOM:532616
75 GF Score
Price ₹62.82
GF Value ₹110.56
Valuation Significantly Undervalued
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What is Xchanging Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xchanging Solutions  (BOM:532616) 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.


Xchanging Solutions Cyclically Adjusted PB Ratio Related Terms


Xchanging Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xchanging Solutions'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.

Xchanging Solutions Cyclically Adjusted PB Ratio Chart

Xchanging Solutions Annual Data
Trend Mar16 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 1.67 0.96

Xchanging Solutions 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 1.66 0.00 0.96 0.00

BOM:532616 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Xchanging Solutions'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.


Xchanging Solutions Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Xchanging Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532616
75GF Score
Xchanging Solutions Ltd BOM:532616
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xchanging Solutions 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.

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

For example, Xchanging Solutions'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.

Xchanging Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201212 22.462 83.774 44.873
201312 25.022 91.425 45.804
201412 27.311 96.780 47.227
201512 29.889 102.901 48.611
201603 29.889 102.518 48.793
201703 31.353 105.196 49.880
201803 34.431 109.786 52.486
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 38.887 118.202 55.058
201906 0.000 120.880 0.000
201909 41.787 123.175 56.776
201912 0.000 126.235 0.000
202003 44.532 124.705 59.763
202006 0.000 127.000 0.000
202009 47.249 130.118 60.772
202012 0.000 130.889 0.000
202103 49.881 131.771 63.352
202106 0.000 134.084 0.000
202109 52.678 135.847 64.897
202112 0.000 138.161 0.000
202203 55.065 138.822 66.384
202206 0.000 142.347 0.000
202209 58.470 144.661 67.643
202212 0.000 145.763 0.000
202303 60.700 146.865 69.170
202306 0.000 150.280 0.000
202309 45.948 151.492 50.760
202312 0.000 152.924 0.000
202403 31.771 153.035 34.745
202406 0.000 155.789 0.000
202409 29.685 157.882 31.467
202412 0.000 158.323 0.000
202503 32.195 157.552 34.199
202506 0.000 159.755 0.000
202509 32.935 162.289 33.964
202512 0.000 163.281 0.000
202603 35.552 164.272 36.220
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 Xchanging Solutions (BOM:532616) Overvalued in 2026?

Based on GuruFocus' analysis, Xchanging Solutions stock appears to be undervalued. The current stock price of ₹62.82 is trading 43.2% below its estimated GF Value™ of ₹110.56. GuruFocus considers Xchanging Solutions to be Significantly Undervalued.

Key valuation signals for BOM:532616:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹110.56 vs. price of ₹62.82 (43.2% below fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the BOM:532616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xchanging Solutions Business Description

Other Exchanges XCHANGING:India
Address Hosur Main Road, HP Avenue, 39/40, Electronic City, Bengaluru, KA, IND, 560 100
Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.
75GF Score

Get the complete analysis for BOM:532616

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

₹62.82
Price
₹110.56
GF Value