Kalpa Commercial (BOM:539014) Cyclically Adjusted PB Ratio: (As of Aug. 28, 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.
Reviewed by: Charlie Tian Charlie Tian
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:539014 Kalpa Commercial Ltd BOM:539014
47 GF Score
Price ₹8.65
GF Value ₹38.74
Valuation Possible Value Trap
! 4 Warning Signs
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What is Kalpa Commercial Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kalpa Commercial  (BOM:539014) 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.


Kalpa Commercial Cyclically Adjusted PB Ratio Related Terms


Kalpa Commercial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kalpa Commercial'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.

Kalpa Commercial Cyclically Adjusted PB Ratio Chart

Kalpa Commercial 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 0.03 0.15

Kalpa Commercial 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 0.28 0.00 0.15 0.00

Kalpa Commercial Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Kalpa Commercial'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.


Kalpa Commercial Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kalpa Commercial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:539014
47GF Score
Kalpa Commercial Ltd BOM:539014
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalpa Commercial 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.

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

For example, Kalpa Commercial'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.

Kalpa Commercial Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 51.048 101.753 83.960
201512 0.000 102.901 0.000
201603 51.143 102.518 83.489
201606 0.000 105.961 0.000
201609 51.166 105.961 80.813
201612 0.000 105.196 0.000
201703 51.247 105.196 81.529
201706 0.000 107.109 0.000
201709 51.251 109.021 78.675
201712 0.000 109.404 0.000
201803 51.392 109.786 78.341
201903 51.520 118.202 72.945
201912 0.000 126.235 0.000
202003 51.578 124.705 69.219
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 51.600 131.771 65.535
202106 0.000 134.084 0.000
202109 51.566 135.847 63.527
202112 0.000 138.161 0.000
202203 46.931 138.822 56.578
202206 0.000 142.347 0.000
202209 32.628 144.661 37.747
202212 0.000 145.763 0.000
202303 24.528 146.865 27.951
202306 0.000 150.280 0.000
202309 24.461 151.492 27.023
202312 0.000 152.924 0.000
202403 24.331 153.035 26.608
202406 0.000 155.789 0.000
202409 24.327 157.882 25.787
202412 0.000 158.323 0.000
202503 21.661 157.552 23.009
202506 0.000 159.755 0.000
202509 21.815 162.289 22.496
202512 0.000 163.281 0.000
202603 22.262 164.272 22.680
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 Kalpa Commercial (BOM:539014) Overvalued in 2026?

Based on GuruFocus' analysis, Kalpa Commercial stock appears to be undervalued. The current stock price of ₹8.65 is trading 77.7% below its estimated GF Value™ of ₹38.74. GuruFocus considers Kalpa Commercial to be Possible Value Trap.

Key valuation signals for BOM:539014:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹38.74 vs. price of ₹8.65 (77.7% below fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the BOM:539014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kalpa Commercial Business Description

Address 405, FIE Parpatganj Industrial Area, Office Number. 2, LGF/R2, Delhi, IND, 110092
Kalpa Commercial Ltd is an Indian company engaged in the business of textile manufacturing. The firm operates in a single segment that is garments made up of fabrics of heading. The business focuses mainly on Fabrics; Cotton, Jute, Silk, Nylon, Polyester and Technical Fabrics.
47GF Score

Get the complete analysis for BOM:539014

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

₹8.65
Price
₹38.74
GF Value