Maan Aluminium (BOM:532906) Cyclically Adjusted PB Ratio: (As of Aug. 29, 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
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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:532906 Maan Aluminium Ltd BOM:532906
71 GF Score
Price ₹120.95
GF Value ₹114.56
Valuation Fairly Valued
! 7 Warning Signs
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What is Maan Aluminium Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maan Aluminium  (BOM:532906) 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.


Maan Aluminium Cyclically Adjusted PB Ratio Related Terms


Maan Aluminium Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maan Aluminium'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.

Maan Aluminium Cyclically Adjusted PB Ratio Chart

Maan Aluminium 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 3.70 3.97 10.22 4.72 5.97

Maan Aluminium 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 6.11 0.00 5.97 0.00

BOM:532906 vs AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532906
71GF Score
Maan Aluminium Ltd BOM:532906
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maan Aluminium 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.

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

For example, Maan Aluminium'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.

Maan Aluminium Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.201 105.961 8.215
201612 0.000 105.196 0.000
201703 5.489 105.196 8.733
201706 0.000 107.109 0.000
201709 6.159 109.021 9.455
201712 0.000 109.404 0.000
201803 6.535 109.786 9.962
201806 0.000 111.317 0.000
201809 7.466 115.142 10.852
201812 0.000 115.142 0.000
201903 8.028 118.202 11.367
201906 0.000 120.880 0.000
201909 8.988 123.175 12.212
201912 0.000 126.235 0.000
202003 9.270 124.705 12.441
202006 0.000 127.000 0.000
202009 10.188 130.118 13.104
202012 0.000 130.889 0.000
202103 11.844 131.771 15.043
202106 0.000 134.084 0.000
202109 13.625 135.847 16.785
202112 0.000 138.161 0.000
202203 15.600 138.822 18.807
202206 0.000 142.347 0.000
202209 19.323 144.661 22.355
202212 0.000 145.763 0.000
202303 24.087 146.865 27.448
202306 0.000 150.280 0.000
202309 27.412 151.492 30.283
202312 0.000 152.924 0.000
202403 30.153 153.035 32.975
202406 0.000 155.789 0.000
202409 31.728 157.882 33.632
202412 0.000 158.323 0.000
202503 32.992 157.552 35.045
202506 0.000 159.755 0.000
202509 34.579 162.289 35.659
202512 0.000 163.281 0.000
202603 45.803 164.272 46.663
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 Maan Aluminium (BOM:532906) Overvalued in 2026?

Based on GuruFocus' analysis, Maan Aluminium stock appears to be overvalued. The current stock price of ₹120.95 is trading 5.6% above its estimated GF Value™ of ₹114.56. GuruFocus considers Maan Aluminium to be Fairly Valued.

Key valuation signals for BOM:532906:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹114.56 vs. price of ₹120.95 (5.6% above fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the BOM:532906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maan Aluminium Business Description

Other Exchanges MAANALU:India
Address Asaf Ali Road, 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies aluminum-extruded products in India. The company is engaged in the manufacturing of aluminium profiles, anodizing & fabrication of profiles, aluminium ingots, aluminium billets etc. and other related activities.
71GF Score

Get the complete analysis for BOM:532906

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

₹120.95
Price
₹114.56
GF Value