Raj Television Network (BOM:532826) Cyclically Adjusted PB Ratio: (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
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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
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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:532826 Raj Television Network Ltd BOM:532826
54 GF Score
Price ₹8.61
GF Value ₹15.12
Valuation Possible Value Trap
! 3 Warning Signs
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What is Raj Television Network Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Raj Television Network  (BOM:532826) 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.


Raj Television Network Cyclically Adjusted PB Ratio Related Terms


Raj Television Network Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Raj Television Network'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.

Raj Television Network Cyclically Adjusted PB Ratio Chart

Raj Television Network 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 1.05 1.06 1.56 2.39 1.01

Raj Television Network 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 1.18 0.00 1.01 0.00

BOM:532826 vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Raj Television Network'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.


Raj Television Network Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


BOM:532826
54GF Score
Raj Television Network Ltd BOM:532826
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raj Television Network 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.

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

For example, Raj Television Network'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.

Raj Television Network Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.284 105.961 44.672
201612 28.515 105.196 45.365
201703 26.579 105.196 42.285
201706 0.000 107.109 0.000
201709 25.514 109.021 39.166
201712 0.000 109.404 0.000
201803 26.315 109.786 40.114
201806 0.000 111.317 0.000
201809 25.054 115.142 36.416
201812 0.000 115.142 0.000
201903 27.354 118.202 38.729
201906 0.000 120.880 0.000
201909 27.563 123.175 37.450
201912 0.000 126.235 0.000
202003 27.236 124.705 36.551
202006 0.000 127.000 0.000
202009 25.712 130.118 33.071
202012 0.000 130.889 0.000
202103 27.261 131.771 34.623
202106 0.000 134.084 0.000
202109 26.178 135.847 32.250
202112 0.000 138.161 0.000
202203 27.471 138.822 33.118
202206 0.000 142.347 0.000
202209 27.450 144.661 31.757
202212 0.000 145.763 0.000
202303 27.687 146.865 31.550
202306 0.000 150.280 0.000
202309 27.740 151.492 30.645
202312 0.000 152.924 0.000
202403 27.843 153.035 30.449
202406 0.000 155.789 0.000
202409 24.606 157.882 26.083
202412 0.000 158.323 0.000
202503 23.795 157.552 25.276
202506 0.000 159.755 0.000
202509 23.894 162.289 24.640
202512 0.000 163.281 0.000
202603 0.239 164.272 0.243
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 Raj Television Network (BOM:532826) Overvalued in 2026?

Based on GuruFocus' analysis, Raj Television Network stock appears to be undervalued. The current stock price of ₹8.61 is trading 43.1% below its estimated GF Value™ of ₹15.12. GuruFocus considers Raj Television Network to be Possible Value Trap.

Key valuation signals for BOM:532826:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹15.12 vs. price of ₹8.61 (43.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the BOM:532826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raj Television Network Business Description

Other Exchanges RAJTV:India
Address Number 32, Poes Road, Second Street, Teynampet, Chennai, TN, IND, 600018
Raj Television Network Ltd is a Tamil television and broadcasting company. It caters to the entertainment needs and production of content across different formats and platforms, such as fiction and reality shows for television, movies, music, digital, plays, and live events. The company generates revenue through segments such as Advertisement, Airtime charges, Pay channel distribution revenue, Subscription revenue, Sale of rights, and Sales export revenue. It operates approximately channels in the Indian languages including Tamil, Telugu, Kannada, Malayalam, and Hindi. The company generates all of its revenue from Broadcasting.
54GF Score

Get the complete analysis for BOM:532826

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

₹8.61
Price
₹15.12
GF Value