Man Infraconstruction (BOM:533169) Cyclically Adjusted PB Ratio: 3.56 (As of Sep. 16, 2026) — Near Median

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BOM:533169 Man Infraconstruction Ltd BOM:533169
72 GF Score
Price ₹124.30
GF Value ₹89.31
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Man Infraconstruction Cyclically Adjusted PB Ratio?

Man Infraconstruction BOM:533169 -0.44% 72 Cyclically Adjusted PB Ratio is 3.56 as of Sep. 16, 2026, which is 9% below its 10-year median of 3.93. GuruFocus rates BOM:533169 with a GF Score™ of 72/100 and a GF Value™ of ₹89.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,239 Construction companies, Man Infraconstruction ranks worse than 80710.17% on this metric.

As of today (2026-09-16), Man Infraconstruction's current share price is ₹124.30. Man Infraconstruction's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹34.88. Man Infraconstruction's Cyclically Adjusted PB Ratio for today is 3.56.

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

During the past years, Man Infraconstruction's highest Cyclically Adjusted PB Ratio was 9.26. The lowest was 0.76. And the median was 3.93.

BOM:533169's Cyclically Adjusted PB Ratio is not ranked *
in the Construction industry.
Industry Median: 1.14
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Man Infraconstruction's adjusted book value per share data for the three months ended in Jun. 2026 was ₹0.000. 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 ₹34.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Man Infraconstruction  (BOM:533169) 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.


Man Infraconstruction Cyclically Adjusted PB Ratio Related Terms


Man Infraconstruction Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Man Infraconstruction'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.

Man Infraconstruction Cyclically Adjusted PB Ratio Chart

Man Infraconstruction 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 4.39 2.67 7.32 4.82 2.24

Man Infraconstruction 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 5.95 4.54 3.95 2.30 2.99

BOM:533169 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Man Infraconstruction'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.


Man Infraconstruction Cyclically Adjusted PB Ratio vs Construction Industry

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

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


BOM:533169
72GF Score
Man Infraconstruction Ltd BOM:533169
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Man Infraconstruction 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.

Man Infraconstruction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=124.30/34.882
=3.56

* 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.

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

For example, Man Infraconstruction'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Man Infraconstruction Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.691 105.961 27.942
201612 0.000 105.196 0.000
201703 18.789 105.196 29.892
201706 0.000 107.109 0.000
201709 18.804 109.021 28.866
201712 0.000 109.404 0.000
201803 20.531 109.786 31.297
201806 0.000 111.317 0.000
201809 19.344 115.142 28.116
201812 0.000 115.142 0.000
201903 19.839 118.202 28.089
201906 0.000 120.880 0.000
201909 19.490 123.175 26.481
201912 0.000 126.235 0.000
202003 18.554 124.705 24.900
202006 0.000 127.000 0.000
202009 18.522 130.118 23.823
202012 0.000 130.889 0.000
202103 18.680 131.771 23.725
202106 0.000 134.084 0.000
202109 23.715 135.847 29.216
202112 0.000 138.161 0.000
202203 25.045 138.822 30.193
202206 0.000 142.347 0.000
202209 28.048 144.661 32.449
202212 0.000 145.763 0.000
202303 30.846 146.865 35.150
202306 0.000 150.280 0.000
202309 35.389 151.492 39.095
202312 0.000 152.924 0.000
202403 40.853 153.035 44.677
202406 0.000 155.789 0.000
202409 44.012 157.882 46.653
202412 0.000 158.323 0.000
202503 49.135 157.552 52.193
202506 0.000 159.755 0.000
202509 54.800 162.289 56.511
202512 0.000 163.281 0.000
202603 57.300 164.272 58.376
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.

What does a Cyclically Adjusted PB Ratio of 3.56 mean?
Man Infraconstruction (BOM:533169) has a Cyclically Adjusted PB Ratio of 3.56 as of Sep. 16, 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 Man Infraconstruction and its competitors. This is near median its historical median of 3.93. Over the past decade, Man Infraconstruction's Cyclically Adjusted PB Ratio has ranged from 0.76 to 9.26. According to the industry distribution chart, Man Infraconstruction ranks #999999 out of 1239 companies in the Construction industry.
Is Man Infraconstruction's Cyclically Adjusted PB Ratio too high?
Man Infraconstruction's current Cyclically Adjusted PB Ratio of 3.56 is near median its 10-year median of 3.93. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 9.26. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Man Infraconstruction's value of 3.56 is 212.3% above this industry median. Based on the distribution chart, Man Infraconstruction ranks #999999 out of 1239 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Man Infraconstruction has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Infraconstruction's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Man Infraconstruction ranks #999999 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Man Infraconstruction in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Man Infraconstruction's value of 3.56 is 212.3% above this benchmark. Historically, Man Infraconstruction's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 9.26 over the past decade. While the company's 10-year median is 3.93 vs. the industry median of 1.14, Man Infraconstruction 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 1.14, based on 1,239 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. Man Infraconstruction's current Cyclically Adjusted PB Ratio of 3.56 is 212.3% 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 Man Infraconstruction and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Infraconstruction's current Cyclically Adjusted PB Ratio is 3.56, which is near median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Infraconstruction stock overvalued right now?
Based on GuruFocus' analysis, Man Infraconstruction (BOM:533169) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹89.31, compared to a current price of ₹124.30 — trading 39.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.56, which is near median its 10-year median of 3.93 and 212.3% above the Construction industry median of 1.14. Man Infraconstruction's overall GF Score™ is 72/100 with 7 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 Man Infraconstruction (BOM:533169), the current Cyclically Adjusted PB Ratio is 3.56 as of Sep. 16, 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 Man Infraconstruction (BOM:533169) Overvalued in 2026?

Based on GuruFocus' analysis, Man Infraconstruction stock appears to be overvalued. The current stock price of ₹124.30 is trading 39.2% above its estimated GF Value™ of ₹89.31. GuruFocus considers Man Infraconstruction to be Significantly Overvalued.

Key valuation signals for BOM:533169:

  • Cyclically Adjusted PB Ratio: 3.56 (near median its 10-year median of 3.93)
  • GF Value™: ₹89.31 vs. price of ₹124.30 (39.2% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 212.3% above the Construction median (#999999 of 1239)

No single metric tells the full story. See the BOM:533169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Man Infraconstruction Business Description

Other Exchanges MANINFRA:India
Address G. M. Road, 12th Floor, Krushal Commercial Complex, Above IVY Hotel, Chembur (West), Mumbai, MH, IND, 400089
Man Infraconstruction Ltd is an India-based construction and real estate company. It undertakes projects, which include port infrastructure, commercial and institutional constructions, road constructions, residential constructions, and industrial constructions. The company operates in single segment: Engineering, Procurement and Construction Services (EPC . The firm predominantly operates in India.
72GF Score

Get the complete analysis for BOM:533169

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

₹124.30
Price
₹89.31
GF Value