VA Tech Wabag (BOM:533269) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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:533269 VA Tech Wabag Ltd BOM:533269
80 GF Score
Price ₹2,127.65
GF Value ₹1,767.69
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is VA Tech Wabag Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VA Tech Wabag  (BOM:533269) 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.


VA Tech Wabag Cyclically Adjusted PB Ratio Related Terms


VA Tech Wabag Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VA Tech Wabag'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.

VA Tech Wabag Cyclically Adjusted PB Ratio Chart

VA Tech Wabag 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 1.17 1.38 2.83 5.11 3.73

VA Tech Wabag 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 5.20 4.88 4.40 3.81 6.49

BOM:533269 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, VA Tech Wabag'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.


VA Tech Wabag Cyclically Adjusted PB Ratio vs Construction Industry

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

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


BOM:533269
80GF Score
VA Tech Wabag Ltd BOM:533269
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VA Tech Wabag 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.

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

For example, VA Tech Wabag'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.

VA Tech Wabag Quarterly Data

Book Value per Share CPI Adj_Book
201609 172.521 105.961 272.483
201612 105.196 0.000
201703 185.144 105.196 294.547
201706 107.109 0.000
201709 191.251 109.021 293.587
201712 109.404 0.000
201803 212.672 109.786 324.195
201806 111.317 0.000
201809 218.774 115.142 317.985
201812 115.142 0.000
201903 198.495 118.202 281.041
201906 120.880 0.000
201909 202.641 123.175 275.327
201912 126.235 0.000
202003 214.332 124.705 287.639
202006 127.000 0.000
202009 211.756 130.118 272.360
202012 130.889 0.000
202103 224.527 131.771 285.164
202106 134.084 0.000
202109 231.111 135.847 284.718
202112 138.161 0.000
202203 245.353 138.822 295.787
202206 142.347 0.000
202209 256.014 144.661 296.181
202212 145.763 0.000
202303 253.195 146.865 288.524
202306 150.280 0.000
202309 269.849 151.492 298.109
202312 152.924 0.000
202403 293.277 153.035 320.725
202406 155.789 0.000
202409 317.107 157.882 336.138
202412 158.323 0.000
202503 344.908 157.552 366.374
202506 159.755 0.000
202509 372.640 162.289 384.277
202512 163.281 0.000
202603 413.050 164.272 420.807
202606 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 VA Tech Wabag (BOM:533269) Overvalued in 2026?

Based on GuruFocus' analysis, VA Tech Wabag stock appears to be overvalued. The current stock price of ₹2,127.65 is trading 20.4% above its estimated GF Value™ of ₹1,767.69. GuruFocus considers VA Tech Wabag to be Modestly Overvalued.

Key valuation signals for BOM:533269:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,767.69 vs. price of ₹2,127.65 (20.4% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the BOM:533269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VA Tech Wabag Business Description

Other Exchanges WABAG:India
Address 200 Feet Thoraipakkam - Pallavaram Main Road, Wabag House, No. 17, Sunnambu Kolathur, Chennai, TN, IND, 600117
VA Tech Wabag Ltd provides engineering solutions in the water treatment industry. The group is engaged in the construction and maintenance of water treatment plants. The company design completes and operates drinking water and wastewater plants for both the municipal and industrial sectors. The company offers sustained solutions for special customer needs through a comprehensive range of services and technologies. The company provides lifecycle solutions, including conceptualization, design, engineering, procurement, supply, installation, construction, and operations and maintenance services. It has two geographical operating segments which are India and Rest of world, where it makes majority of the revenue from India.
80GF Score

Get the complete analysis for BOM:533269

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

₹2,127.65
Price
₹1,767.69
GF Value