Thangamayil Jewellery (BOM:533158) Cyclically Adjusted PB Ratio: (As of Sep. 10, 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:533158 Thangamayil Jewellery Ltd BOM:533158
82 GF Score
Price ₹5,114.40
GF Value ₹3,989.43
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Thangamayil Jewellery Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thangamayil Jewellery  (BOM:533158) 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.


Thangamayil Jewellery Cyclically Adjusted PB Ratio Related Terms


Thangamayil Jewellery Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thangamayil Jewellery'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.

Thangamayil Jewellery Cyclically Adjusted PB Ratio Chart

Thangamayil Jewellery 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 5.85 5.27 12.14 16.05 20.79

Thangamayil Jewellery 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 13.99 0.00 20.79 0.00

BOM:533158 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Thangamayil Jewellery'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.


Thangamayil Jewellery Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Thangamayil Jewellery's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:533158
82GF Score
Thangamayil Jewellery Ltd BOM:533158
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thangamayil Jewellery 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.

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

For example, Thangamayil Jewellery'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.

Thangamayil Jewellery Quarterly Data

Book Value per Share CPI Adj_Book
201609 51.418 105.961 81.211
201612 0.000 105.196 0.000
201703 52.730 105.196 83.889
201706 0.000 107.109 0.000
201709 56.668 109.021 86.990
201712 0.000 109.404 0.000
201803 59.576 109.786 90.817
201806 0.000 111.317 0.000
201809 63.655 115.142 92.522
201812 0.000 115.142 0.000
201903 68.213 118.202 96.580
201906 0.000 120.880 0.000
201909 73.638 123.175 100.052
201912 0.000 126.235 0.000
202003 77.733 124.705 104.320
202006 0.000 127.000 0.000
202009 93.868 130.118 120.733
202012 0.000 130.889 0.000
202103 105.192 131.771 133.601
202106 0.000 134.084 0.000
202109 110.013 135.847 135.531
202112 0.000 138.161 0.000
202203 114.491 138.822 138.025
202206 0.000 142.347 0.000
202209 124.364 144.661 143.876
202212 0.000 145.763 0.000
202303 137.280 146.865 156.435
202306 0.000 150.280 0.000
202309 157.999 151.492 174.546
202312 0.000 152.924 0.000
202403 174.139 153.035 190.437
202406 0.000 155.789 0.000
202409 182.218 157.882 193.154
202412 0.000 158.323 0.000
202503 354.662 157.552 376.735
202506 0.000 159.755 0.000
202509 375.552 162.289 387.280
202512 0.000 163.281 0.000
202603 455.569 164.272 464.124
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 Thangamayil Jewellery (BOM:533158) Overvalued in 2026?

Based on GuruFocus' analysis, Thangamayil Jewellery stock appears to be overvalued. The current stock price of ₹5,114.40 is trading 28.2% above its estimated GF Value™ of ₹3,989.43. GuruFocus considers Thangamayil Jewellery to be Modestly Overvalued.

Key valuation signals for BOM:533158:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹3,989.43 vs. price of ₹5,114.40 (28.2% above fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the BOM:533158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thangamayil Jewellery Business Description

Other Exchanges THANGAMAYL:India
Address New Natham Road, 25/6, Palamicenter, 2nd and 3rd Floor, Nera Ramakrishna Mutt, Narayanapuram, Madurai, TN, IND, 625014
Thangamayil Jewellery Ltd is mainly involved in the manufacturing and sale of Jewellery and other accessories and products. Its product portfolio comprises bangles, bracelets, rings, coins, articles, earrings, pendants, necklaces, anklets, and chains, among others. Additionally, it also offers various savings schemes to its customers to invest in gold jewellery for the long run. The company is engaged in the business of gold jewellery, diamond and silver articles, which constitutes a single business segment.
82GF Score

Get the complete analysis for BOM:533158

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

₹5,114.40
Price
₹3,989.43
GF Value