Power Grid Of India (BOM:532898) Cyclically Adjusted PB Ratio: (As of Sep. 02, 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:532898 Power Grid Corp Of India Ltd BOM:532898
81 GF Score
Price ₹267.50
GF Value ₹308.42
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Power Grid Of India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Grid Of India  (BOM:532898) 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.


Power Grid Of India Cyclically Adjusted PB Ratio Related Terms


Power Grid Of India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power Grid Of 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.

Power Grid Of India Cyclically Adjusted PB Ratio Chart

Power Grid Of India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.53 3.64 3.53

Power Grid Of 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 3.27 0.00 3.33 0.00

BOM:532898 vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Power Grid Of 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.


Power Grid Of India Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's Cyclically Adjusted PB Ratio falls into.


BOM:532898
81GF Score
Power Grid Corp Of India Ltd BOM:532898
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Grid Of 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.

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

For example, Power Grid Of 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.

Power Grid Of India Quarterly Data

Book Value per Share CPI Adj_Book
201203 28.653 76.889 62.367
201303 32.079 85.687 62.654
201403 37.307 91.425 68.292
201503 42.490 97.163 73.186
201603 47.276 102.518 77.176
201703 53.615 105.196 85.297
201803 58.519 109.786 89.206
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 63.532 118.202 89.952
201906 0.000 120.880 0.000
201909 67.244 123.175 91.364
201912 0.000 126.235 0.000
202003 69.560 124.705 93.351
202006 0.000 127.000 0.000
202009 72.820 130.118 93.661
202012 0.000 130.889 0.000
202103 75.195 131.771 95.503
202106 0.000 134.084 0.000
202109 83.408 135.847 102.755
202112 0.000 138.161 0.000
202203 81.981 138.822 98.833
202206 0.000 142.347 0.000
202209 88.390 144.661 102.258
202212 0.000 145.763 0.000
202303 89.270 146.865 101.726
202306 0.000 150.280 0.000
202309 93.419 151.492 103.202
202312 0.000 152.924 0.000
202403 93.698 153.035 102.467
202406 0.000 155.789 0.000
202409 98.984 157.882 104.924
202412 0.000 158.323 0.000
202503 99.631 157.552 105.832
202506 0.000 159.755 0.000
202509 106.371 162.289 109.693
202512 0.000 163.281 0.000
202603 108.051 164.272 110.080
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 Power Grid Of India (BOM:532898) Overvalued in 2026?

Based on GuruFocus' analysis, Power Grid Of India stock appears to be undervalued. The current stock price of ₹267.50 is trading 13.3% below its estimated GF Value™ of ₹308.42. GuruFocus considers Power Grid Of India to be Modestly Undervalued.

Key valuation signals for BOM:532898:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹308.42 vs. price of ₹267.50 (13.3% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the BOM:532898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Power Grid Of India Business Description

Other Exchanges POWERGRID:India
Address Sector 29, Saudamini, Plot No. 2, Gurgaon, HR, IND, 122001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages the firm's nationwide transmission infrastructure and operates as a neutral carrier in the point-to-point Bandwidth Leasing Business. The company is also involved in the Consultancy business in which it provides in-house expertise in the Transmission, Distribution, and Telecom sectors, including planning, design, engineering, load dispatch, procurement management, financing, and others. It derives maximum revenue from the Transmission segment.
81GF Score

Get the complete analysis for BOM:532898

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

₹267.50
Price
₹308.42
GF Value