Asian Granito India (BOM:532888) Cyclically Adjusted PB Ratio: (As of Sep. 11, 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:532888 Asian Granito India Ltd BOM:532888
56 GF Score
Price ₹50.11
GF Value ₹41.12
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Asian Granito India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Granito India  (BOM:532888) 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.


Asian Granito India Cyclically Adjusted PB Ratio Related Terms


Asian Granito India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asian Granito 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.

Asian Granito India Cyclically Adjusted PB Ratio Chart

Asian Granito 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 0.59 0.27 0.46 0.35 0.47

Asian Granito 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 0.46 0.00 0.47 0.00

BOM:532888 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Asian Granito 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.


Asian Granito India Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Granito India's Cyclically Adjusted PB Ratio falls into.


BOM:532888
56GF Score
Asian Granito India Ltd BOM:532888
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Granito 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.

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

For example, Asian Granito 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.

Asian Granito India Quarterly Data

Book Value per Share CPI Adj_Book
201609 79.707 105.961 125.891
201612 0.000 105.196 0.000
201703 83.773 105.196 133.275
201706 0.000 107.109 0.000
201709 89.643 109.021 137.610
201712 0.000 109.404 0.000
201803 91.357 109.786 139.264
201806 0.000 111.317 0.000
201809 91.810 115.142 133.445
201812 0.000 115.142 0.000
201903 94.710 118.202 134.096
201906 0.000 120.880 0.000
201909 105.491 123.175 143.330
201912 0.000 126.235 0.000
202003 108.620 124.705 145.771
202006 0.000 127.000 0.000
202009 110.575 130.118 142.221
202012 0.000 130.889 0.000
202103 116.115 131.771 147.474
202106 0.000 134.084 0.000
202109 124.069 135.847 152.847
202112 0.000 138.161 0.000
202203 120.927 138.822 145.784
202206 0.000 142.347 0.000
202209 104.451 144.661 120.839
202212 0.000 145.763 0.000
202303 99.101 146.865 112.929
202306 0.000 150.280 0.000
202309 100.762 151.492 111.315
202312 0.000 152.924 0.000
202403 99.991 153.035 109.349
202406 0.000 155.789 0.000
202409 100.633 157.882 106.672
202412 0.000 158.323 0.000
202503 102.160 157.552 108.518
202506 0.000 159.755 0.000
202509 62.173 162.289 64.115
202512 0.000 163.281 0.000
202603 51.356 164.272 52.320
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 Asian Granito India (BOM:532888) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹50.11 is trading 21.9% above its estimated GF Value™ of ₹41.12. GuruFocus considers Asian Granito India to be Modestly Overvalued.

Key valuation signals for BOM:532888:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹41.12 vs. price of ₹50.11 (21.9% above fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the BOM:532888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asian Granito India Business Description

Other Exchanges ASIANTILES:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
56GF Score

Get the complete analysis for BOM:532888

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

₹50.11
Price
₹41.12
GF Value