Brigade Enterprises (BOM:532929) Cyclically Adjusted PB Ratio: (As of Sep. 03, 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:532929 Brigade Enterprises Ltd BOM:532929
88 GF Score
Price ₹639.90
GF Value ₹839.16
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Brigade Enterprises Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brigade Enterprises  (BOM:532929) 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.


Brigade Enterprises Cyclically Adjusted PB Ratio Related Terms


Brigade Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brigade Enterprises'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.

Brigade Enterprises Cyclically Adjusted PB Ratio Chart

Brigade Enterprises 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 4.13 3.60 6.72 6.46 3.80

Brigade Enterprises 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 5.52 0.00 3.80 0.00

Brigade Enterprises Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Brigade Enterprises'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.


Brigade Enterprises Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Brigade Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:532929
88GF Score
Brigade Enterprises Ltd BOM:532929
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brigade Enterprises 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.

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

For example, Brigade Enterprises'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.

Brigade Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201609 69.611 105.961 109.945
201612 0.000 105.196 0.000
201703 74.558 105.196 118.615
201706 0.000 107.109 0.000
201709 81.710 109.021 125.432
201712 0.000 109.404 0.000
201803 84.036 109.786 128.104
201806 0.000 111.317 0.000
201809 72.756 115.142 105.750
201812 0.000 115.142 0.000
201903 79.699 118.202 112.842
201906 0.000 120.880 0.000
201909 83.345 123.175 113.240
201912 0.000 126.235 0.000
202003 83.709 124.705 112.340
202006 0.000 127.000 0.000
202009 80.642 130.118 103.722
202012 0.000 130.889 0.000
202103 83.482 131.771 106.028
202106 0.000 134.084 0.000
202109 91.024 135.847 112.137
202112 0.000 138.161 0.000
202203 94.781 138.822 114.264
202206 0.000 142.347 0.000
202209 99.944 144.661 115.624
202212 0.000 145.763 0.000
202303 105.480 146.865 120.198
202306 0.000 150.280 0.000
202309 109.883 151.492 121.391
202312 0.000 152.924 0.000
202403 114.112 153.035 124.792
202406 0.000 155.789 0.000
202409 158.219 157.882 167.714
202412 0.000 158.323 0.000
202503 173.047 157.552 183.817
202506 0.000 159.755 0.000
202509 198.844 162.289 205.054
202512 0.000 163.281 0.000
202603 209.129 164.272 213.056
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 Brigade Enterprises (BOM:532929) Overvalued in 2026?

Based on GuruFocus' analysis, Brigade Enterprises stock appears to be undervalued. The current stock price of ₹639.90 is trading 23.7% below its estimated GF Value™ of ₹839.16. GuruFocus considers Brigade Enterprises to be Modestly Undervalued.

Key valuation signals for BOM:532929:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹839.16 vs. price of ₹639.90 (23.7% below fair value)
  • GF Score™: 88/100 with 7 warning signs

No single metric tells the full story. See the BOM:532929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brigade Enterprises Business Description

Other Exchanges BRIGADE:India
Address 26/1, Dr. Rajkumar Road, Brigade Gateway Campus, 29th & 30th Floor, World Trade Center, Malleswaram-Rajajinagar, Bangalore, KA, IND, 560055
Brigade Enterprises Ltd is a property development company. The company's operating segments include Real Estate, Hospitality, and Leasing. The Real Estate segment which generates maximum revenue, specializes in the development of residential and commercial projects on a sale basis. The company's portfolio includes villas, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors, mixed-use lifestyle enclaves, and townships.
88GF Score

Get the complete analysis for BOM:532929

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

₹639.90
Price
₹839.16
GF Value