Kernex Microsystems (India) (BOM:532686) Cyclically Adjusted PB Ratio: (As of Sep. 03, 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.
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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:532686 Kernex Microsystems (India) Ltd BOM:532686
57 GF Score
Price ₹1,735.35
GF Value ₹7,196.04
Valuation Possible Value Trap
! 2 Warning Signs
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What is Kernex Microsystems (India) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kernex Microsystems (India)  (BOM:532686) 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.


Kernex Microsystems (India) Cyclically Adjusted PB Ratio Related Terms


Kernex Microsystems (India) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kernex Microsystems (India)'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.

Kernex Microsystems (India) Cyclically Adjusted PB Ratio Chart

Kernex Microsystems (India) 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 6.60 8.12

Kernex Microsystems (India) 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 9.51 0.00 8.12 0.00

BOM:532686 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Kernex Microsystems (India)'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.


Kernex Microsystems (India) Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kernex Microsystems (India)'s Cyclically Adjusted PB Ratio falls into.


BOM:532686
57GF Score
Kernex Microsystems (India) Ltd BOM:532686
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kernex Microsystems (India) 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.

Kernex Microsystems (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kernex Microsystems (India)'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.

Kernex Microsystems (India) Quarterly Data

Book Value per Share CPI Adj_Book
201209 209.714 82.244 426.743
201212 0.000 83.774 0.000
201303 102.630 85.687 200.449
201403 101.633 91.425 186.044
201503 90.612 97.163 156.074
201603 76.659 102.518 125.143
201703 70.125 105.196 111.563
201803 60.943 109.786 92.901
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 44.484 118.202 62.983
201906 0.000 120.880 0.000
201909 43.062 123.175 58.508
201912 0.000 126.235 0.000
202003 47.179 124.705 63.315
202006 0.000 127.000 0.000
202009 45.767 130.118 58.865
202012 0.000 130.889 0.000
202103 50.122 131.771 63.658
202106 0.000 134.084 0.000
202109 43.395 135.847 53.461
202112 0.000 138.161 0.000
202203 38.586 138.822 46.518
202206 0.000 142.347 0.000
202209 36.008 144.661 41.657
202212 0.000 145.763 0.000
202303 53.137 146.865 60.551
202306 0.000 150.280 0.000
202309 49.639 151.492 54.838
202312 0.000 152.924 0.000
202403 63.615 153.035 69.569
202406 0.000 155.789 0.000
202409 69.788 157.882 73.976
202412 0.000 158.323 0.000
202503 94.224 157.552 100.088
202506 0.000 159.755 0.000
202509 103.668 162.289 106.905
202512 0.000 163.281 0.000
202603 147.670 164.272 150.443
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 Kernex Microsystems (India) (BOM:532686) Overvalued in 2026?

Based on GuruFocus' analysis, Kernex Microsystems (India) stock appears to be undervalued. The current stock price of ₹1,735.35 is trading 75.9% below its estimated GF Value™ of ₹7,196.04. GuruFocus considers Kernex Microsystems (India) to be Possible Value Trap.

Key valuation signals for BOM:532686:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹7,196.04 vs. price of ₹1,735.35 (75.9% below fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the BOM:532686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kernex Microsystems (India) Business Description

Other Exchanges KERNEX:India
Address Plot No. 38-41, Survey No. 1/1, Hardware Technology Park, Raviryal Village, TSIIC layout, Maheswaram Mandal, Ranga Reddy, Hyderabad, TG, IND, 501510
Kernex Microsystems (India) Ltd is an India based company engaged in the manufacture and sale of Safety Systems and Software services for Railways. The company is in the business of designing, developing, and deployment of Train Collision Avoidance Systems in Indian Railways, and successfully completing the installation of automatic and semi-automatic Railway Gates. It offers products which include LxGuard, TrainSHIELD, SAFELx, SENTINEX, CASRY, KMDAX, ATRW, KTPIS, and BCPS2440. Geographically, it generates the majority of its revenue within India.
57GF Score

Get the complete analysis for BOM:532686

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

₹1,735.35
Price
₹7,196.04
GF Value