Aerpace Industries (BOM:534733) Cyclically Adjusted PB Ratio: 34.59 (As of Aug. 10, 2026) — 22% Below Median

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BOM:534733 Aerpace Industries Ltd BOM:534733
30 GF Score
Price ₹31.82
! 1 Warning Sign
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What is Aerpace Industries Cyclically Adjusted PB Ratio?

Aerpace Industries BOM:534733 -4.99% 30 Cyclically Adjusted PB Ratio is 34.59 as of Aug. 10, 2026, which is 22% below its 10-year median of 44.16. GuruFocus rates BOM:534733 with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 499 Steel companies, Aerpace Industries ranks worse than 99.8% on this metric.

As of today (2026-08-10), Aerpace Industries's current share price is ₹31.82. Aerpace Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹0.92. Aerpace Industries's Cyclically Adjusted PB Ratio for today is 34.59.

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

BOM:534733' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.89   Med: 44.16   Max: 108.61
Current: 34.58

During the past years, Aerpace Industries's highest Cyclically Adjusted PB Ratio was 108.61. The lowest was 6.89. And the median was 44.16.

BOM:534733's Cyclically Adjusted PB Ratio is ranked worse than
99.8% of 499 companies
in the Steel industry
Industry Median: 0.92 vs BOM:534733: 34.58

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.

Aerpace Industries's adjusted book value per share data for the three months ended in Mar. 2026 was ₹2.443. 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 ₹0.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aerpace Industries  (BOM:534733) 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.


Aerpace Industries Cyclically Adjusted PB Ratio Related Terms


Aerpace Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aerpace Industries'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.

Aerpace Industries Cyclically Adjusted PB Ratio Chart

Aerpace Industries 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 2.99 3.98 29.11 35.80 25.67

Aerpace Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 35.80 0.00 26.40 0.00 25.67

BOM:534733 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Aerpace Industries'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.


Aerpace Industries Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Aerpace Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:534733
30GF Score
Aerpace Industries Ltd BOM:534733
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aerpace Industries 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.

Aerpace Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.82/0.92
=34.59

* 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.

Aerpace Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aerpace Industries's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.443/164.2724*164.2724
=2.443

Current CPI (Mar. 2026) = 164.2724.

Aerpace Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 0.298 105.961 0.462
201612 0.000 105.196 0.000
201703 0.302 105.196 0.472
201706 0.000 107.109 0.000
201709 0.296 109.021 0.446
201712 0.000 109.404 0.000
201803 0.308 109.786 0.461
201806 0.000 111.317 0.000
201809 0.317 115.142 0.452
201812 0.000 115.142 0.000
201903 0.320 118.202 0.445
201906 0.000 120.880 0.000
201909 0.326 123.175 0.435
201912 0.000 126.235 0.000
202003 0.334 124.705 0.440
202006 0.000 127.000 0.000
202009 0.353 130.118 0.446
202012 0.000 130.889 0.000
202103 0.339 131.771 0.423
202106 0.000 134.084 0.000
202109 0.333 135.847 0.403
202112 0.000 138.161 0.000
202203 0.328 138.822 0.388
202206 0.000 142.347 0.000
202209 0.351 144.661 0.399
202212 0.000 145.763 0.000
202303 0.340 146.865 0.380
202306 0.000 150.280 0.000
202309 0.276 151.492 0.299
202312 0.000 152.924 0.000
202403 0.929 153.035 0.997
202406 0.000 155.789 0.000
202409 2.317 157.882 2.411
202412 0.000 158.323 0.000
202503 3.165 157.552 3.300
202506 0.000 159.755 0.000
202509 2.866 162.289 2.901
202512 0.000 163.281 0.000
202603 2.443 164.272 2.443

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 34.59 mean?
Aerpace Industries (BOM:534733) has a Cyclically Adjusted PB Ratio of 34.59 as of Aug. 10, 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 Aerpace Industries and its competitors. This is 22% below median its historical median of 44.16. Over the past decade, Aerpace Industries' Cyclically Adjusted PB Ratio has ranged from 6.89 to 108.61. According to the industry distribution chart, Aerpace Industries ranks #498 out of 499 companies in the Steel industry, placing it in the top 99.8%.
Is Aerpace Industries' Cyclically Adjusted PB Ratio too high?
Aerpace Industries' current Cyclically Adjusted PB Ratio of 34.59 is 22% below median its 10-year median of 44.16. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 108.61. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Aerpace Industries' value of 34.59 is 3659.8% above this industry median. Based on the distribution chart, Aerpace Industries ranks #498 out of 499 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Aerpace Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Aerpace Industries' Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Aerpace Industries ranks #498 out of 499 companies for Cyclically Adjusted PB Ratio. This places Aerpace Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.92. Aerpace Industries' value of 34.59 is 3659.8% above this benchmark. Historically, Aerpace Industries' own Cyclically Adjusted PB Ratio has ranged from 6.89 to 108.61 over the past decade. While the company's 10-year median is 44.16 vs. the industry median of 0.92, Aerpace Industries 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 499 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. Aerpace Industries's current Cyclically Adjusted PB Ratio of 34.59 is 3659.8% 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 Aerpace Industries and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aerpace Industries's current Cyclically Adjusted PB Ratio is 34.59, which is 22% below median its own 10-year median of 44.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerpace Industries stock overvalued right now?
Aerpace Industries (BOM:534733) has a current Cyclically Adjusted PB Ratio of 34.59. The current Cyclically Adjusted PB Ratio is 34.59, which is 22% below median its 10-year median of 44.16 and 3659.8% above the Steel industry median of 0.92. Aerpace Industries' overall GF Score™ is 30/100 with 1 warning sign 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 Aerpace Industries (BOM:534733), the current Cyclically Adjusted PB Ratio is 34.59 as of Aug. 10, 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.

Aerpace Industries Business Description

Address Andheri Kurla Road, Kanakia Wall Street Office No -1005, 10th Floor, A Wing, Andheri (East), Mumbai, MH, IND, 400093
Aerpace Industries Ltd is engaged in the business of renewable energy and infrastructure activities. The company's business segment includes Aerpace, that consists of four main components namely, Superwing, Supercar, Aerdock, and the aerVerse. The company operates in india as well as outside india.
30GF Score

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

₹31.82
Price