Advance Metering Technology (BOM:534612) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:534612 Advance Metering Technology Ltd BOM:534612
55 GF Score
Price ₹19.41
GF Value ₹22.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Advance Metering Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advance Metering Technology  (BOM:534612) 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.


Advance Metering Technology Cyclically Adjusted PB Ratio Related Terms


Advance Metering Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advance Metering Technology'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.

Advance Metering Technology Cyclically Adjusted PB Ratio Chart

Advance Metering Technology 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 0.00 0.00 0.00 0.21

Advance Metering Technology 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 0.00 0.00 0.21 0.00

BOM:534612 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Advance Metering Technology'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.


Advance Metering Technology Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advance Metering Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:534612
55GF Score
Advance Metering Technology Ltd BOM:534612
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance Metering Technology 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.

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

For example, Advance Metering Technology'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.

Advance Metering Technology Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 98.696 85.687 192.765
201403 92.733 91.425 169.752
201503 89.074 97.163 153.425
201603 85.161 102.518 139.022
201703 82.871 105.196 131.840
201803 78.292 109.786 119.348
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 78.450 118.202 111.074
201906 0.000 120.880 0.000
201909 75.461 123.175 102.529
201912 0.000 126.235 0.000
202003 66.566 124.705 89.333
202006 0.000 127.000 0.000
202009 64.608 130.118 83.099
202012 0.000 130.889 0.000
202103 61.383 131.771 77.960
202106 0.000 134.084 0.000
202109 61.881 135.847 76.235
202112 0.000 138.161 0.000
202203 59.702 138.822 71.974
202206 0.000 142.347 0.000
202209 58.541 144.661 67.726
202212 0.000 145.763 0.000
202303 63.110 146.865 71.916
202306 0.000 150.280 0.000
202309 63.362 151.492 69.998
202312 0.000 152.924 0.000
202403 61.770 153.035 67.551
202406 0.000 155.789 0.000
202409 63.224 157.882 67.018
202412 0.000 158.323 0.000
202503 55.964 157.552 59.447
202506 0.000 159.755 0.000
202509 55.522 162.289 57.256
202512 0.000 163.281 0.000
202603 49.614 164.272 50.546
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 Advance Metering Technology (BOM:534612) Overvalued in 2026?

Based on GuruFocus' analysis, Advance Metering Technology stock appears to be undervalued. The current stock price of ₹19.41 is trading 12.2% below its estimated GF Value™ of ₹22.11. GuruFocus considers Advance Metering Technology to be Modestly Undervalued.

Key valuation signals for BOM:534612:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹22.11 vs. price of ₹19.41 (12.2% below fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the BOM:534612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advance Metering Technology Business Description

Address C-4 to C-11, Hosiery Complex, Phase II Extension, Noida, UP, IND, 201305
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters and providing related technical services. It also generates renewable power through windmills and other sources. The company operates in two segments: Renewable Power Generation, which sells electricity generated from wind, and Energy Meters & Others, which includes energy meter sales, rental income, installation services, estate management, and EPC work. Key business areas include meters, smart meters, molding & plastic, contract manufacturing/OEM, CT & LTCT sensors, EMS services, and power generation. The majority of its revenue comes from the Energy Meters & Others segment.
55GF Score

Get the complete analysis for BOM:534612

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

₹19.41
Price
₹22.11
GF Value