Kewal Kiran Clothing (BOM:532732) Cyclically Adjusted PB Ratio: 4.73 (As of Sep. 10, 2026) — 14% Below Median

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BOM:532732 Kewal Kiran Clothing Ltd BOM:532732
97 GF Score
Price ₹502.85
GF Value ₹750.09
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Kewal Kiran Clothing Cyclically Adjusted PB Ratio?

Kewal Kiran Clothing BOM:532732 -2.08% 97 Cyclically Adjusted PB Ratio is 4.73 as of Sep. 10, 2026, which is 14% below its 10-year median of 5.49. GuruFocus rates BOM:532732 with a GF Score™ of 97/100 and a GF Value™ of ₹750.09 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Kewal Kiran Clothing ranks worse than 91.02% on this metric.

As of today (2026-09-10), Kewal Kiran Clothing's current share price is ₹502.85. Kewal Kiran Clothing's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹106.34. Kewal Kiran Clothing's Cyclically Adjusted PB Ratio for today is 4.73.

The historical rank and industry rank for Kewal Kiran Clothing's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532732' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.36   Med: 5.49   Max: 9.66
Current: 4.69

During the past years, Kewal Kiran Clothing's highest Cyclically Adjusted PB Ratio was 9.66. The lowest was 2.36. And the median was 5.49.

BOM:532732's Cyclically Adjusted PB Ratio is ranked worse than
91.02% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs BOM:532732: 4.69

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.

Kewal Kiran Clothing's adjusted book value per share data for the three months ended in Jun. 2026 was ₹156.268. 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 ₹106.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kewal Kiran Clothing  (BOM:532732) 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.


Kewal Kiran Clothing Cyclically Adjusted PB Ratio Related Terms


Kewal Kiran Clothing Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kewal Kiran Clothing'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.

Kewal Kiran Clothing Cyclically Adjusted PB Ratio Chart

Kewal Kiran Clothing 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 2.76 5.32 7.95 4.97 4.05

Kewal Kiran Clothing 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 5.45 5.45 4.89 4.05 4.68

BOM:532732 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Kewal Kiran Clothing'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.


Kewal Kiran Clothing Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kewal Kiran Clothing's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kewal Kiran Clothing's Cyclically Adjusted PB Ratio falls into.


BOM:532732
97GF Score
Kewal Kiran Clothing Ltd BOM:532732
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kewal Kiran Clothing 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.

Kewal Kiran Clothing's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=502.85/106.34
=4.73

* 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.

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

For example, Kewal Kiran Clothing'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)
=156.268/167.3573*167.3573
=156.268

Current CPI (Jun. 2026) = 167.3573.

Kewal Kiran Clothing Quarterly Data

Book Value per Share CPI Adj_Book
201506 45.313 99.841 75.956
201509 49.228 101.753 80.967
201512 46.986 102.901 76.418
201603 53.222 102.518 86.883
201606 50.520 105.961 79.792
201703 60.708 105.196 96.581
201803 64.777 109.786 98.745
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 69.777 118.202 98.794
201906 69.327 120.880 95.983
201909 74.012 123.175 100.560
201912 73.485 126.235 97.423
202003 72.360 124.705 97.109
202006 69.785 127.000 91.961
202009 71.333 130.118 91.748
202012 70.243 130.889 89.814
202103 70.238 131.771 89.207
202106 71.598 134.084 89.365
202109 76.045 135.847 93.684
202112 77.678 138.161 94.093
202203 77.573 138.822 93.519
202206 75.885 142.347 89.218
202209 82.241 144.661 95.144
202212 83.622 145.763 96.010
202303 88.764 146.865 101.150
202306 92.105 150.280 102.571
202309 100.174 151.492 110.665
202312 105.581 152.924 115.546
202403 109.653 153.035 119.916
202406 113.777 155.789 122.226
202409 124.402 157.882 131.868
202412 128.428 158.323 135.757
202503 133.052 157.552 141.333
202506 136.166 159.755 142.646
202509 143.422 162.289 147.901
202512 149.029 163.281 152.750
202603 152.219 164.272 155.078
202606 156.268 167.357 156.268

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.

What does a Cyclically Adjusted PB Ratio of 4.73 mean?
Kewal Kiran Clothing (BOM:532732) has a Cyclically Adjusted PB Ratio of 4.73 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 Kewal Kiran Clothing and its competitors. This is 14% below median its historical median of 5.49. Over the past decade, Kewal Kiran Clothing's Cyclically Adjusted PB Ratio has ranged from 2.36 to 9.66. According to the industry distribution chart, Kewal Kiran Clothing ranks #578 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91%.
Is Kewal Kiran Clothing's Cyclically Adjusted PB Ratio too high?
Kewal Kiran Clothing's current Cyclically Adjusted PB Ratio of 4.73 is 14% below median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 9.66. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Kewal Kiran Clothing's value of 4.73 is 397.9% above this industry median. Based on the distribution chart, Kewal Kiran Clothing ranks #578 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kewal Kiran Clothing has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kewal Kiran Clothing's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kewal Kiran Clothing ranks #578 out of 635 companies for Cyclically Adjusted PB Ratio. This places Kewal Kiran Clothing in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Kewal Kiran Clothing's value of 4.73 is 397.9% above this benchmark. Historically, Kewal Kiran Clothing's own Cyclically Adjusted PB Ratio has ranged from 2.36 to 9.66 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 0.95, Kewal Kiran Clothing has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 635 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. Kewal Kiran Clothing's current Cyclically Adjusted PB Ratio of 4.73 is 397.9% above 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 Kewal Kiran Clothing and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kewal Kiran Clothing's current Cyclically Adjusted PB Ratio is 4.73, which is 14% below median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kewal Kiran Clothing stock overvalued right now?
Based on GuruFocus' analysis, Kewal Kiran Clothing (BOM:532732) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹750.09, compared to a current price of ₹502.85 — trading 33% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.73, which is 14% below median its 10-year median of 5.49 and 397.9% above the Manufacturing - Apparel & Accessories industry median of 0.95. Kewal Kiran Clothing's overall GF Score™ is 97/100 with 1 warning sign 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 Kewal Kiran Clothing (BOM:532732), the current Cyclically Adjusted PB Ratio is 4.73 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 Kewal Kiran Clothing (BOM:532732) Overvalued in 2026?

Based on GuruFocus' analysis, Kewal Kiran Clothing stock appears to be undervalued. The current stock price of ₹502.85 is trading 33% below its estimated GF Value™ of ₹750.09. GuruFocus considers Kewal Kiran Clothing to be Significantly Undervalued.

Key valuation signals for BOM:532732:

  • Cyclically Adjusted PB Ratio: 4.73 (14% below median its 10-year median of 5.49)
  • GF Value™: ₹750.09 vs. price of ₹502.85 (33% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 397.9% above the Manufacturing - Apparel & Accessories median (#578 of 635)

No single metric tells the full story. See the BOM:532732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kewal Kiran Clothing Business Description

Other Exchanges KKCL:India
Address I.B. Patel Road, 460/7, Kewal Kiran Estate, Near Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400 063
Kewal Kiran Clothing Ltd is engaged into manufacturing, marketing and retailing of branded readymade garments and finished accessories. Its brands include Killer, Easies, LawmanPg3, K-Lounge, and Integrity. The company has a presence in Asia, the Middle East, and others.
97GF Score

Get the complete analysis for BOM:532732

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

₹502.85
Price
₹750.09
GF Value