SJVN (BOM:533206) Cyclically Adjusted PB Ratio: (As of Sep. 11, 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:533206 SJVN Ltd BOM:533206
69 GF Score
Price ₹67.11
GF Value ₹177.16
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is SJVN Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SJVN  (BOM:533206) 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.


SJVN Cyclically Adjusted PB Ratio Related Terms


SJVN Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SJVN'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.

SJVN Cyclically Adjusted PB Ratio Chart

SJVN 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 0.00 0.91 3.22 2.37 1.58

SJVN 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 2.28 0.00 1.58 0.00

SJVN Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SJVN'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.


SJVN Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SJVN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:533206
69GF Score
SJVN Ltd BOM:533206
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJVN 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.

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

For example, SJVN'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.

SJVN Quarterly Data

Book Value per Share CPI Adj_Book
201309 22.165 91.042 40.744
201312 0.000 91.425 0.000
201403 21.878 91.425 40.049
201503 24.664 97.163 42.482
201603 27.323 102.518 44.604
201703 27.775 105.196 44.188
201803 27.228 109.786 41.506
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 29.548 118.202 41.836
201906 0.000 120.880 0.000
201909 30.476 123.175 41.408
201912 0.000 126.235 0.000
202003 30.666 124.705 41.155
202006 0.000 127.000 0.000
202009 31.563 130.118 40.596
202012 0.000 130.889 0.000
202103 32.550 131.771 41.341
202106 0.000 134.084 0.000
202109 34.047 135.847 41.944
202112 0.000 138.161 0.000
202203 33.514 138.822 40.403
202206 0.000 142.347 0.000
202209 35.646 144.661 41.239
202212 0.000 145.763 0.000
202303 35.268 146.865 40.189
202306 0.000 150.280 0.000
202309 36.456 151.492 40.274
202312 0.000 152.924 0.000
202403 35.806 153.035 39.157
202406 0.000 155.789 0.000
202409 37.181 157.882 39.412
202412 0.000 158.323 0.000
202503 36.080 157.552 38.326
202506 0.000 159.755 0.000
202509 37.118 162.289 38.277
202512 0.000 163.281 0.000
202603 36.233 164.272 36.913
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 SJVN (BOM:533206) Overvalued in 2026?

Based on GuruFocus' analysis, SJVN stock appears to be undervalued. The current stock price of ₹67.11 is trading 62.1% below its estimated GF Value™ of ₹177.16. GuruFocus considers SJVN to be Possible Value Trap.

Key valuation signals for BOM:533206:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹177.16 vs. price of ₹67.11 (62.1% below fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the BOM:533206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SJVN Business Description

Other Exchanges SJVN:India
Address SJVN Corporate Office Complex, Shanan, Shimla, HP, IND, 171006
SJVN Ltd is engaged in the business of generating and selling power. It is implementing various solar, hydro, wind, and thermal power projects and transmission lines across different states in India, such as Himachal Pradesh, Uttarakhand, Bihar, Gujarat, Rajasthan, and Arunachal Pradesh etc., as well as in neighboring countries, including Nepal and Bhutan. The group is also engaged in the business of providing consultancy and energy trading. The majority of its revenue is generated from Energy sales.
69GF Score

Get the complete analysis for BOM:533206

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

₹67.11
Price
₹177.16
GF Value