PDS (BOM:538730) Cyclically Adjusted PB Ratio: (As of Sep. 10, 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:538730 PDS Ltd BOM:538730
89 GF Score
Price ₹345.75
GF Value ₹494.63
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is PDS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PDS  (BOM:538730) 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.


PDS Cyclically Adjusted PB Ratio Related Terms


PDS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PDS'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.

PDS Cyclically Adjusted PB Ratio Chart

PDS 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 6.40 3.38

PDS 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 4.36 0.00 3.38 0.00

BOM:538730 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, PDS'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.


PDS Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PDS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:538730
89GF Score
PDS Ltd BOM:538730
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PDS 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.

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

For example, PDS'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.

PDS Quarterly Data

Book Value per Share CPI Adj_Book
201609 38.061 105.961 60.114
201612 0.000 105.196 0.000
201703 35.551 105.196 56.558
201706 0.000 107.109 0.000
201709 35.757 109.021 54.890
201712 0.000 109.404 0.000
201803 35.676 109.786 54.384
201806 0.000 111.317 0.000
201809 39.504 115.142 57.419
201812 0.000 115.142 0.000
201903 35.951 118.202 50.901
201906 0.000 120.880 0.000
201909 42.796 123.175 58.147
201912 0.000 126.235 0.000
202003 42.899 124.705 57.572
202006 0.000 127.000 0.000
202009 42.043 130.118 54.076
202012 0.000 130.889 0.000
202103 49.671 131.771 63.085
202106 0.000 134.084 0.000
202109 53.300 135.847 65.663
202112 0.000 138.161 0.000
202203 66.999 138.822 80.771
202206 0.000 142.347 0.000
202209 72.982 144.661 84.432
202212 0.000 145.763 0.000
202303 80.560 146.865 91.801
202306 0.000 150.280 0.000
202309 83.176 151.492 91.887
202312 0.000 152.924 0.000
202403 88.547 153.035 96.834
202406 0.000 155.789 0.000
202409 113.761 157.882 120.588
202412 0.000 158.323 0.000
202503 114.439 157.552 121.561
202506 0.000 159.755 0.000
202509 120.410 162.289 124.170
202512 0.000 163.281 0.000
202603 124.884 164.272 127.229
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 PDS (BOM:538730) Overvalued in 2026?

Based on GuruFocus' analysis, PDS stock appears to be undervalued. The current stock price of ₹345.75 is trading 30.1% below its estimated GF Value™ of ₹494.63. GuruFocus considers PDS to be Significantly Undervalued.

Key valuation signals for BOM:538730:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹494.63 vs. price of ₹345.75 (30.1% below fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the BOM:538730 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PDS Business Description

Other Exchanges PDSL:India
Address Andheri Ghatkopar Link Road, Unit No. 971, Solitaire Corporate Park, Andheri (East), Mumbai, MH, IND, 400093
PDS Ltd is engaged in the trading of ready-to-wear apparel, providing services to group companies engaged in the export of ready-to-wear apparel and sourcing and distribution of their products. The company is also engaged in the business of holding, owning, leasing, or licensing real estate. It has three reporting segments: Sourcing, Manufacturing, PDS Ventures, and Others. The company generates maximum revenue from the Sourcing segment. Geographically, the company generates maximum revenue from its customers in the UK and Europe and the rest from North America, Asia and Middle East, India, and other regions.
89GF Score

Get the complete analysis for BOM:538730

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

₹345.75
Price
₹494.63
GF Value