Vishal Bearings (BOM:539398) Cyclically Adjusted PB Ratio: 2.18 (As of Sep. 14, 2026) — 42% Below Median

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BOM:539398 Vishal Bearings Ltd BOM:539398
64 GF Score
Price ₹56.00
GF Value ₹83.30
Valuation Possible Value Trap
! 7 Warning Signs
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What is Vishal Bearings Cyclically Adjusted PB Ratio?

Vishal Bearings BOM:539398 -0.52% 64 Cyclically Adjusted PB Ratio is 2.18 as of Sep. 14, 2026, which is 42% below its 10-year median of 3.75. GuruFocus rates BOM:539398 with a GF Score™ of 64/100 and a GF Value™ of ₹83.30 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,099 Industrial Products companies, Vishal Bearings ranks worse than 51.45% on this metric.

As of today (2026-09-14), Vishal Bearings's current share price is ₹56.00. Vishal Bearings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹25.63. Vishal Bearings's Cyclically Adjusted PB Ratio for today is 2.18.

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

BOM:539398' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.75   Max: 8.02
Current: 2.18

During the past 12 years, Vishal Bearings's highest Cyclically Adjusted PB Ratio was 8.02. The lowest was 1.67. And the median was 3.75.

BOM:539398's Cyclically Adjusted PB Ratio is ranked worse than
51.45% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs BOM:539398: 2.18

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.

Vishal Bearings's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹29.996. 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 ₹25.63 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishal Bearings  (BOM:539398) 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.


Vishal Bearings Cyclically Adjusted PB Ratio Related Terms


Vishal Bearings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vishal Bearings'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.

Vishal Bearings Cyclically Adjusted PB Ratio Chart

Vishal Bearings 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 7.39 3.78 1.54

Vishal Bearings 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 1.54 0.00

BOM:539398 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Vishal Bearings'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.


Vishal Bearings Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BOM:539398
64GF Score
Vishal Bearings Ltd BOM:539398
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vishal Bearings 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.

Vishal Bearings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.00/25.63
=2.18

* 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.

Vishal Bearings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Vishal Bearings's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=29.996/164.2724*164.2724
=29.996

Current CPI (Mar26) = 164.2724.

Vishal Bearings Annual Data

Book Value per Share CPI Adj_Book
201703 8.285 105.196 12.938
201803 11.124 109.786 16.645
201903 16.727 118.202 23.246
202003 16.727 124.705 22.034
202103 17.402 131.771 21.694
202203 23.606 138.822 27.934
202303 30.909 146.865 34.573
202403 32.846 153.035 35.258
202503 30.719 157.552 32.029
202603 29.996 164.272 29.996

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 2.18 mean?
Vishal Bearings (BOM:539398) has a Cyclically Adjusted PB Ratio of 2.18 as of Sep. 14, 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 Vishal Bearings and its competitors. This is 42% below median its historical median of 3.75. Over the past decade, Vishal Bearings' Cyclically Adjusted PB Ratio has ranged from 1.67 to 8.02. According to the industry distribution chart, Vishal Bearings ranks #1080 out of 2099 companies in the Industrial Products industry, placing it in the top 51.5%.
Is Vishal Bearings' Cyclically Adjusted PB Ratio too high?
Vishal Bearings' current Cyclically Adjusted PB Ratio of 2.18 is 42% below median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 8.02. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Vishal Bearings' value of 2.18 is 4.8% above this industry median. Based on the distribution chart, Vishal Bearings ranks #1080 out of 2099 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Vishal Bearings has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vishal Bearings' Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vishal Bearings ranks #1080 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Vishal Bearings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Vishal Bearings' value of 2.18 is 4.8% above this benchmark. Historically, Vishal Bearings' own Cyclically Adjusted PB Ratio has ranged from 1.67 to 8.02 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 2.08, Vishal Bearings 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Vishal Bearings's current Cyclically Adjusted PB Ratio of 2.18 is 4.8% 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 Vishal Bearings and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishal Bearings's current Cyclically Adjusted PB Ratio is 2.18, which is 42% below median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishal Bearings stock overvalued right now?
Based on GuruFocus' analysis, Vishal Bearings (BOM:539398) is currently considered Possible Value Trap. The stock's GF Value™ is ₹83.30, compared to a current price of ₹56.00 — trading 32.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.18, which is 42% below median its 10-year median of 3.75 and 4.8% above the Industrial Products industry median of 2.08. Vishal Bearings' overall GF Score™ is 64/100 with 7 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 Vishal Bearings (BOM:539398), the current Cyclically Adjusted PB Ratio is 2.18 as of Sep. 14, 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 Vishal Bearings (BOM:539398) Overvalued in 2026?

Based on GuruFocus' analysis, Vishal Bearings stock appears to be undervalued. The current stock price of ₹56.00 is trading 32.8% below its estimated GF Value™ of ₹83.30. GuruFocus considers Vishal Bearings to be Possible Value Trap.

Key valuation signals for BOM:539398:

  • Cyclically Adjusted PB Ratio: 2.18 (42% below median its 10-year median of 3.75)
  • GF Value™: ₹83.30 vs. price of ₹56.00 (32.8% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 4.8% above the Industrial Products median (#1080 of 2099)

No single metric tells the full story. See the BOM:539398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vishal Bearings Business Description

Address Shapar Village Road, Survey No 22/1, Plot No 1,2,3, Ta. Kotadasangani, Shapar (Veraval), Rajkot, GJ, IND, 360024
Vishal Bearings Ltd engages in the business of manufacturing bearing rollers, earning job work income and wind power generation. Its products include: Taper rollers, Cylindrical rollers, Spherical rollers and components of taper rollers. Its products are used by end-users in diverse industries, such as rail, light vehicles, off-highway, heavy trucks and auto-aftermarket industries classified as automobile industries and heavy industries, industrial processes, gear drives, energy and industrial distribution. The Company has a sole business segment as Manufacturing of Bearing Rollers & Other Allied Activities.
64GF Score

Get the complete analysis for BOM:539398

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

₹56.00
Price
₹83.30
GF Value