Indowind Energy (BOM:532894) Cyclically Adjusted PB Ratio: (As of Sep. 08, 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:532894 Indowind Energy Ltd BOM:532894
64 GF Score
Price ₹8.92
GF Value ₹15.53
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Indowind Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indowind Energy  (BOM:532894) 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.


Indowind Energy Cyclically Adjusted PB Ratio Related Terms


Indowind Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indowind Energy'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.

Indowind Energy Cyclically Adjusted PB Ratio Chart

Indowind Energy 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 0.72 0.62 0.27

Indowind Energy 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 0.60 0.00 0.27 0.00

Indowind Energy Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Indowind Energy'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.


Indowind Energy Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Indowind Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532894
64GF Score
Indowind Energy Ltd BOM:532894
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indowind Energy 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.

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

For example, Indowind Energy'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.

Indowind Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.948 105.961 26.768
201612 0.000 105.196 0.000
201703 22.724 105.196 36.152
201706 0.000 107.109 0.000
201709 22.060 109.021 33.864
201712 0.000 109.404 0.000
201803 20.677 109.786 31.520
201806 0.000 111.317 0.000
201809 19.976 115.142 29.035
201812 0.000 115.142 0.000
201903 19.543 118.202 27.670
201906 0.000 120.880 0.000
201909 19.660 123.175 26.712
201912 0.000 126.235 0.000
202003 19.549 124.705 26.235
202006 0.000 127.000 0.000
202009 19.392 130.118 24.942
202012 0.000 130.889 0.000
202103 22.299 131.771 28.321
202106 0.000 134.084 0.000
202109 22.435 135.847 27.639
202112 0.000 138.161 0.000
202203 22.470 138.822 27.089
202206 0.000 142.347 0.000
202209 23.082 144.661 26.703
202212 0.000 145.763 0.000
202303 20.123 146.865 22.931
202306 0.000 150.280 0.000
202309 20.684 151.492 22.850
202312 0.000 152.924 0.000
202403 20.740 153.035 22.681
202406 0.000 155.789 0.000
202409 22.331 157.882 23.671
202412 0.000 158.323 0.000
202503 20.170 157.552 21.425
202506 0.000 159.755 0.000
202509 21.952 162.289 22.638
202512 0.000 163.281 0.000
202603 19.093 164.272 19.452
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 Indowind Energy (BOM:532894) Overvalued in 2026?

Based on GuruFocus' analysis, Indowind Energy stock appears to be undervalued. The current stock price of ₹8.92 is trading 42.6% below its estimated GF Value™ of ₹15.53. GuruFocus considers Indowind Energy to be Significantly Undervalued.

Key valuation signals for BOM:532894:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹15.53 vs. price of ₹8.92 (42.6% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the BOM:532894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indowind Energy Business Description

Other Exchanges INDOWIND:India
Address 114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600034
Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.
64GF Score

Get the complete analysis for BOM:532894

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

₹8.92
Price
₹15.53
GF Value