Indian Terrain Fashions (BOM:533329) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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:533329 Indian Terrain Fashions Ltd BOM:533329
65 GF Score
Price ₹28.85
GF Value ₹38.38
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Indian Terrain Fashions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Terrain Fashions  (BOM:533329) 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.


Indian Terrain Fashions Cyclically Adjusted PB Ratio Related Terms


Indian Terrain Fashions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Indian Terrain Fashions'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.

Indian Terrain Fashions Cyclically Adjusted PB Ratio Chart

Indian Terrain Fashions 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 0.95 0.79 1.15 0.50 0.41

Indian Terrain Fashions 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 0.62 0.56 0.59 0.43 0.56

BOM:533329 vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Indian Terrain Fashions'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.


Indian Terrain Fashions Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


BOM:533329
65GF Score
Indian Terrain Fashions Ltd BOM:533329
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Terrain Fashions 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.

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

For example, Indian Terrain Fashions'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)
=36.144/167.3573*167.3573
=36.144

Current CPI (Jun. 2026) = 167.3573.

Indian Terrain Fashions Quarterly Data

Book Value per Share CPI Adj_Book
201609 46.706 105.961 73.768
201612 105.196 0.000
201703 47.139 105.196 74.994
201706 107.109 0.000
201709 49.666 109.021 76.242
201712 109.404 0.000
201803 53.775 109.786 81.974
201806 111.317 0.000
201809 57.046 115.142 82.916
201812 115.142 0.000
201903 60.536 118.202 85.710
201906 120.880 0.000
201909 61.811 123.175 83.982
201912 126.235 0.000
202003 56.962 124.705 76.444
202006 127.000 0.000
202009 43.905 130.118 56.470
202012 130.889 0.000
202103 48.302 131.771 61.347
202106 134.084 0.000
202109 45.854 135.847 56.490
202112 138.161 0.000
202203 47.827 138.822 57.658
202206 142.347 0.000
202209 48.607 144.661 56.233
202212 145.763 0.000
202303 47.752 146.865 54.415
202306 150.280 0.000
202309 45.246 151.492 49.984
202312 152.924 0.000
202403 44.442 153.035 48.601
202406 40.978 155.789 44.021
202409 36.047 157.882 38.210
202412 36.280 158.323 38.350
202503 39.988 157.552 42.477
202506 40.005 159.755 41.909
202509 36.027 162.289 37.152
202512 163.281 0.000
202603 36.299 164.272 36.981
202606 36.144 167.357 36.144

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 Indian Terrain Fashions (BOM:533329) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Terrain Fashions stock appears to be undervalued. The current stock price of ₹28.85 is trading 24.8% below its estimated GF Value™ of ₹38.38. GuruFocus considers Indian Terrain Fashions to be Modestly Undervalued.

Key valuation signals for BOM:533329:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹38.38 vs. price of ₹28.85 (24.8% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the BOM:533329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Terrain Fashions Business Description

Other Exchanges INDTERRAIN:India
Address Thirukkachiyur and Sengundram Industrial Area, Survey No 549/2 and 232, Plot No.4, Singaperumal Koil Post, Chengalpattu, TN, IND, 603204
Indian Terrain Fashions Ltd is engaged in the business of retailing branded apparel in India. The company specializes in the men's smart casual category under the brand name Indian Terrain. Its product portfolio comprises shirts, T-shirts, jackets, sweaters, sweatshirts, coats and blazers, shorts, polo t-shirts, trousers, and denims, among others. These products are retailed across India through multi-brand outlets, large format stores, exclusive brand outlets, and e-commerce platforms.
65GF Score

Get the complete analysis for BOM:533329

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

₹28.85
Price
₹38.38
GF Value