Tarini International (BOM:538496) Cyclically Adjusted PB Ratio: 0.29 (As of Sep. 09, 2026) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:538496 Tarini International Ltd BOM:538496
58 GF Score
Price ₹7.90
GF Value ₹23.84
Valuation Possible Value Trap
! 5 Warning Signs
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What is Tarini International Cyclically Adjusted PB Ratio?

Tarini International BOM:538496 -4.24% 58 Cyclically Adjusted PB Ratio is 0.29 as of Sep. 09, 2026, which is 42% below its 10-year median of 0.50. GuruFocus rates BOM:538496 with a GF Score™ of 58/100 and a GF Value™ of ₹23.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,239 Construction companies, Tarini International ranks better than 88.38% on this metric.

As of today (2026-09-09), Tarini International's current share price is ₹7.90. Tarini International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was ₹27.65. Tarini International's Cyclically Adjusted PB Ratio for today is 0.29.

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

BOM:538496' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.5   Max: 1.71
Current: 0.29

During the past 11 years, Tarini International's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.23. And the median was 0.50.

BOM:538496's Cyclically Adjusted PB Ratio is ranked better than
88.38% of 1239 companies
in the Construction industry
Industry Median: 1.16 vs BOM:538496: 0.29

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.

Tarini International's adjusted book value per share data of for the fiscal year that ended in Mar25 was ₹20.858. 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 ₹27.65 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tarini International  (BOM:538496) 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.


Tarini International Cyclically Adjusted PB Ratio Related Terms


Tarini International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tarini International'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.

Tarini International Cyclically Adjusted PB Ratio Chart

Tarini International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.42 0.65

Tarini International Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 0.42 0.00 0.65 0.00

BOM:538496 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Tarini International'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.


Tarini International Cyclically Adjusted PB Ratio vs Construction Industry

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

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


BOM:538496
58GF Score
Tarini International Ltd BOM:538496
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tarini International 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.

Tarini International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.90/27.65
=0.29

* 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.

Tarini International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Tarini International's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=20.858/157.5517*157.5517
=20.858

Current CPI (Mar25) = 157.5517.

Tarini International Annual Data

Book Value per Share CPI Adj_Book
201603 22.547 102.518 34.651
201703 23.587 105.196 35.326
201803 22.283 109.786 31.978
201903 21.674 118.202 28.889
202003 22.334 124.705 28.217
202103 22.302 131.771 26.665
202203 22.166 138.822 25.157
202303 21.860 146.865 23.451
202403 20.678 153.035 21.288
202503 20.858 157.552 20.858

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 0.29 mean?
Tarini International (BOM:538496) has a Cyclically Adjusted PB Ratio of 0.29 as of Sep. 09, 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 Tarini International and its competitors. This is 42% below median its historical median of 0.50. Over the past decade, Tarini International's Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.71. According to the industry distribution chart, Tarini International ranks #144 out of 1239 companies in the Construction industry, placing it in the top 11.6%.
Is Tarini International's Cyclically Adjusted PB Ratio too high?
Tarini International's current Cyclically Adjusted PB Ratio of 0.29 is 42% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.71. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Tarini International's value of 0.29 is 75% below this industry median. Based on the distribution chart, Tarini International ranks #144 out of 1239 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tarini International has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tarini International's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Tarini International ranks #144 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Tarini International in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. Tarini International's value of 0.29 is 75% below this benchmark. Historically, Tarini International's own Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.71 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.16, Tarini International has consistently been below 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,239 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. Tarini International's current Cyclically Adjusted PB Ratio of 0.29 is 75% below 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 Tarini International and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tarini International's current Cyclically Adjusted PB Ratio is 0.29, which is 42% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tarini International stock overvalued right now?
Based on GuruFocus' analysis, Tarini International (BOM:538496) is currently considered Possible Value Trap. The stock's GF Value™ is ₹23.84, compared to a current price of ₹7.90 — trading 66.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.29, which is 42% below median its 10-year median of 0.50 and 75% below the Construction industry median of 1.16. Tarini International's overall GF Score™ is 58/100 with 5 warning signs 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 Tarini International (BOM:538496), the current Cyclically Adjusted PB Ratio is 0.29 as of Sep. 09, 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.

Is Tarini International (BOM:538496) Overvalued in 2026?

Based on GuruFocus' analysis, Tarini International stock appears to be undervalued. The current stock price of ₹7.90 is trading 66.9% below its estimated GF Value™ of ₹23.84. GuruFocus considers Tarini International to be Possible Value Trap.

Key valuation signals for BOM:538496:

  • Cyclically Adjusted PB Ratio: 0.29 (42% below median its 10-year median of 0.50)
  • GF Value™: ₹23.84 vs. price of ₹7.90 (66.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 75% below the Construction median (#144 of 1239)

No single metric tells the full story. See the BOM:538496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tarini International Business Description

Address Lajpat Nagar - IV, D-2, 1st Floor, Amar Colony, New Delhi, IND, 110024
Tarini International Ltd is an India-based company. It is engaged in the business of turnkey contractors and consultancy in power generation, transmission, and distribution, and other EPC (engineering, procurement, construction) contracts. The company is involved in electricity generation as an independent power producer, distribution, and transmission, among others, in the areas of the energy sector, sugar, distillery, and cogeneration, and as a turnkey contractor, and technical, project consultancy services in the related areas. It generates revenue in the form of a contract.
58GF Score

Get the complete analysis for BOM:538496

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

₹7.90
Price
₹23.84
GF Value