Coromandel Engineering Co (BOM:533167) Cyclically Adjusted PB Ratio: 26.12 (As of Sep. 08, 2026) — 146% Above Median

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:533167 Coromandel Engineering Co Ltd BOM:533167
43 GF Score
Price ₹56.16
GF Value ₹47.79
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Coromandel Engineering Co Cyclically Adjusted PB Ratio?

Coromandel Engineering Co BOM:533167 +2.11% 43 Cyclically Adjusted PB Ratio is 26.12 as of Sep. 08, 2026, which is 146% above its 10-year median of 10.60. GuruFocus rates BOM:533167 with a GF Score™ of 43/100 and a GF Value™ of ₹47.79 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,240 Construction companies, Coromandel Engineering Co ranks worse than 98.47% on this metric.

As of today (2026-09-08), Coromandel Engineering Co's current share price is ₹56.16. Coromandel Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹2.15. Coromandel Engineering Co's Cyclically Adjusted PB Ratio for today is 26.12.

The historical rank and industry rank for Coromandel Engineering Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:533167' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 10.6   Max: 47.25
Current: 25.53

During the past years, Coromandel Engineering Co's highest Cyclically Adjusted PB Ratio was 47.25. The lowest was 1.29. And the median was 10.60.

BOM:533167's Cyclically Adjusted PB Ratio is ranked worse than
98.47% of 1240 companies
in the Construction industry
Industry Median: 1.16 vs BOM:533167: 25.53

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Coromandel Engineering Co's adjusted book value per share data for the three months ended in Jun. 2026 was ₹3.909. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹2.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coromandel Engineering Co  (BOM:533167) 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.


Coromandel Engineering Co Cyclically Adjusted PB Ratio Related Terms


Coromandel Engineering Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Coromandel Engineering Co'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.

Coromandel Engineering Co Cyclically Adjusted PB Ratio Chart

Coromandel Engineering Co 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 3.98 4.76 10.63 14.72 45.49

Coromandel Engineering Co 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 16.71 25.64 0.00 45.49 26.91

BOM:533167 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Coromandel Engineering Co'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.


Coromandel Engineering Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Coromandel Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Coromandel Engineering Co's Cyclically Adjusted PB Ratio falls into.


BOM:533167
43GF Score
Coromandel Engineering Co Ltd BOM:533167
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coromandel Engineering Co 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.

Coromandel Engineering Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.16/2.15
=26.12

* 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.

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

For example, Coromandel Engineering Co'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)
=3.909/167.3573*167.3573
=3.909

Current CPI (Jun. 2026) = 167.3573.

Coromandel Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.269 105.961 19.378
201612 0.000 105.196 0.000
201703 8.790 105.196 13.984
201706 0.000 107.109 0.000
201709 6.941 109.021 10.655
201712 0.000 109.404 0.000
201803 5.020 109.786 7.652
201806 0.000 111.317 0.000
201809 3.364 115.142 4.890
201812 0.000 115.142 0.000
201903 1.439 118.202 2.037
201906 0.000 120.880 0.000
201909 0.332 123.175 0.451
201912 0.000 126.235 0.000
202003 0.021 124.705 0.028
202006 0.000 127.000 0.000
202009 -2.331 130.118 -2.998
202012 0.000 130.889 0.000
202103 -2.365 131.771 -3.004
202106 0.000 134.084 0.000
202109 -4.036 135.847 -4.972
202112 0.000 138.161 0.000
202203 -4.804 138.822 -5.791
202206 0.000 142.347 0.000
202209 -5.560 144.661 -6.432
202212 0.000 145.763 0.000
202303 -6.164 146.865 -7.024
202306 0.000 150.280 0.000
202309 1.415 151.492 1.563
202312 0.000 152.924 0.000
202403 1.045 153.035 1.143
202406 0.000 155.789 0.000
202409 0.128 157.882 0.136
202412 0.330 158.323 0.349
202503 1.881 157.552 1.998
202506 3.707 159.755 3.883
202509 3.716 162.289 3.832
202512 0.000 163.281 0.000
202603 3.815 164.272 3.887
202606 3.909 167.357 3.909

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.

What does a Cyclically Adjusted PB Ratio of 26.12 mean?
Coromandel Engineering Co (BOM:533167) has a Cyclically Adjusted PB Ratio of 26.12 as of Sep. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Coromandel Engineering Co and its competitors. This is 146% above median its historical median of 10.60. Over the past decade, Coromandel Engineering Co's Cyclically Adjusted PB Ratio has ranged from 1.29 to 47.25. According to the industry distribution chart, Coromandel Engineering Co ranks #1221 out of 1240 companies in the Construction industry, placing it in the top 98.5%.
Is Coromandel Engineering Co's Cyclically Adjusted PB Ratio too high?
Coromandel Engineering Co's current Cyclically Adjusted PB Ratio of 26.12 is 146% above median its 10-year median of 10.60. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 47.25. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Coromandel Engineering Co's value of 26.12 is 2151.7% above this industry median. Based on the distribution chart, Coromandel Engineering Co ranks #1221 out of 1240 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Coromandel Engineering Co has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coromandel Engineering Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Coromandel Engineering Co ranks #1221 out of 1240 companies for Cyclically Adjusted PB Ratio. This places Coromandel Engineering Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Coromandel Engineering Co's value of 26.12 is 2151.7% above this benchmark. Historically, Coromandel Engineering Co's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 47.25 over the past decade. While the company's 10-year median is 10.60 vs. the industry median of 1.16, Coromandel Engineering Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,240 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coromandel Engineering Co's current Cyclically Adjusted PB Ratio of 26.12 is 2151.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Coromandel Engineering Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coromandel Engineering Co's current Cyclically Adjusted PB Ratio is 26.12, which is 146% above median its own 10-year median of 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coromandel Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Coromandel Engineering Co (BOM:533167) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹47.79, compared to a current price of ₹56.16 — trading 17.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 26.12, which is 146% above median its 10-year median of 10.60 and 2151.7% above the Construction industry median of 1.16. Coromandel Engineering Co's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Coromandel Engineering Co (BOM:533167), the current Cyclically Adjusted PB Ratio is 26.12 as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coromandel Engineering Co (BOM:533167) Overvalued in 2026?

Based on GuruFocus' analysis, Coromandel Engineering Co stock appears to be overvalued. The current stock price of ₹56.16 is trading 17.5% above its estimated GF Value™ of ₹47.79. GuruFocus considers Coromandel Engineering Co to be Modestly Overvalued.

Key valuation signals for BOM:533167:

  • Cyclically Adjusted PB Ratio: 26.12 (146% above median its 10-year median of 10.60)
  • GF Value™: ₹47.79 vs. price of ₹56.16 (17.5% above fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 2151.7% above the Construction median (#1221 of 1240)

No single metric tells the full story. See the BOM:533167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coromandel Engineering Co Business Description

Address No 10/2, Old No.56L, Venkatanarayana Road, Bascon Futura, T.Nagar, Chennai, TN, IND, 600017
Coromandel Engineering Co Ltd is an India-based construction and property development company. It is involved in the construction of industrial, commercial, and residential properties. The firm generates the majority of revenue from the proceeds of contracts, followed by Property development.
43GF Score

Get the complete analysis for BOM:533167

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

₹56.16
Price
₹47.79
GF Value