Vodafone Idea (BOM:532822) Cyclically Adjusted PB Ratio: (As of Sep. 01, 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:532822 Vodafone Idea Ltd BOM:532822
40 GF Score
Price ₹14.58
GF Value ₹6.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vodafone Idea Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vodafone Idea  (BOM:532822) 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.


Vodafone Idea Cyclically Adjusted PB Ratio Related Terms


Vodafone Idea Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vodafone Idea'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.

Vodafone Idea Cyclically Adjusted PB Ratio Chart

Vodafone Idea 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 0.30 0.21 0.60 0.44 0.92

Vodafone Idea 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 0.66 0.00 0.92 0.00

BOM:532822 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Vodafone Idea'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.


Vodafone Idea Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Idea's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532822
40GF Score
Vodafone Idea Ltd BOM:532822
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vodafone Idea 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.

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

For example, Vodafone Idea'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.

Vodafone Idea Quarterly Data

Book Value per Share CPI Adj_Book
201609 39.588 105.961 62.526
201612 0.000 105.196 0.000
201703 41.434 105.196 65.918
201706 0.000 107.109 0.000
201709 38.179 109.021 58.608
201712 0.000 109.404 0.000
201803 37.773 109.786 57.581
201806 0.000 111.317 0.000
201809 48.084 115.142 69.889
201812 0.000 115.142 0.000
201903 41.233 118.202 58.380
201906 0.000 120.880 0.000
201909 8.376 123.175 11.380
201912 0.000 126.235 0.000
202003 2.081 124.705 2.793
202006 0.000 127.000 0.000
202009 -9.292 130.118 -11.951
202012 0.000 130.889 0.000
202103 -13.303 131.771 -16.896
202106 0.000 134.084 0.000
202109 -18.335 135.847 -22.588
202112 0.000 138.161 0.000
202203 -19.292 138.822 -23.258
202206 0.000 142.347 0.000
202209 -23.792 144.661 -27.525
202212 0.000 145.763 0.000
202303 -15.275 146.865 -17.406
202306 0.000 150.280 0.000
202309 -18.682 151.492 -20.639
202312 0.000 152.924 0.000
202403 -20.784 153.035 -22.729
202406 0.000 155.789 0.000
202409 -13.687 157.882 -14.508
202412 0.000 158.323 0.000
202503 -9.850 157.552 -10.463
202506 0.000 159.755 0.000
202509 -7.611 162.289 -7.849
202512 0.000 163.281 0.000
202603 -3.300 164.272 -3.362
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 Vodafone Idea (BOM:532822) Overvalued in 2026?

Based on GuruFocus' analysis, Vodafone Idea stock appears to be overvalued. The current stock price of ₹14.58 is trading 133.3% above its estimated GF Value™ of ₹6.25. GuruFocus considers Vodafone Idea to be Significantly Overvalued.

Key valuation signals for BOM:532822:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹6.25 vs. price of ₹14.58 (133.3% above fair value)
  • GF Score™: 40/100 with 7 warning signs

No single metric tells the full story. See the BOM:532822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vodafone Idea Business Description

Other Exchanges IDEA:India
Address Pandurang Budhkar Marg, Birla Centurion, 10th Floor, Plot No. 794, B Wing, Century Mills Compound, Worli, Mumbai, MH, IND, 400 030
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.
40GF Score

Get the complete analysis for BOM:532822

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

₹14.58
Price
₹6.25
GF Value