Kanoria Energy & Infrastructure (BOM:539620) Cyclically Adjusted PB Ratio: (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:539620 Kanoria Energy & Infrastructure Ltd BOM:539620
67 GF Score
Price ₹17.51
GF Value ₹23.46
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Kanoria Energy & Infrastructure Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanoria Energy & Infrastructure  (BOM:539620) 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.


Kanoria Energy & Infrastructure Cyclically Adjusted PB Ratio Related Terms


Kanoria Energy & Infrastructure Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kanoria Energy & Infrastructure'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.

Kanoria Energy & Infrastructure Cyclically Adjusted PB Ratio Chart

Kanoria Energy & Infrastructure 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 2.68 1.18

Kanoria Energy & Infrastructure 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 2.33 0.00 1.18 0.00

BOM:539620 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Kanoria Energy & Infrastructure'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.


Kanoria Energy & Infrastructure Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kanoria Energy & Infrastructure's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kanoria Energy & Infrastructure's Cyclically Adjusted PB Ratio falls into.


BOM:539620
67GF Score
Kanoria Energy & Infrastructure Ltd BOM:539620
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanoria Energy & Infrastructure 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.

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

For example, Kanoria Energy & Infrastructure'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.

Kanoria Energy & Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.012 105.961 9.495
201612 0.000 105.196 0.000
201703 5.064 105.196 8.056
201706 0.000 107.109 0.000
201709 5.503 109.021 8.448
201712 0.000 109.404 0.000
201803 5.095 109.786 7.767
201806 0.000 111.317 0.000
201809 6.243 115.142 9.074
201812 0.000 115.142 0.000
201903 6.094 118.202 8.628
201906 0.000 120.880 0.000
201909 6.766 123.175 9.193
201912 0.000 126.235 0.000
202003 6.467 124.705 8.679
202006 0.000 127.000 0.000
202009 7.046 130.118 9.063
202012 0.000 130.889 0.000
202103 7.227 131.771 9.179
202106 0.000 134.084 0.000
202109 7.684 135.847 9.466
202112 0.000 138.161 0.000
202203 8.625 138.822 10.398
202206 0.000 142.347 0.000
202209 9.235 144.661 10.684
202212 0.000 145.763 0.000
202303 9.702 146.865 11.056
202306 0.000 150.280 0.000
202309 10.405 151.492 11.495
202312 0.000 152.924 0.000
202403 10.578 153.035 11.568
202406 0.000 155.789 0.000
202409 10.976 157.882 11.635
202412 0.000 158.323 0.000
202503 10.998 157.552 11.682
202506 0.000 159.755 0.000
202509 10.994 162.289 11.337
202512 0.000 163.281 0.000
202603 11.024 164.272 11.231
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 Kanoria Energy & Infrastructure (BOM:539620) Overvalued in 2026?

Based on GuruFocus' analysis, Kanoria Energy & Infrastructure stock appears to be undervalued. The current stock price of ₹17.51 is trading 25.4% below its estimated GF Value™ of ₹23.46. GuruFocus considers Kanoria Energy & Infrastructure to be Modestly Undervalued.

Key valuation signals for BOM:539620:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹23.46 vs. price of ₹17.51 (25.4% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the BOM:539620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanoria Energy & Infrastructure Business Description

Address Green Park Main, 3rd Floor, A-9-A, New Delhi, IND, 110016
Kanoria Energy & Infrastructure Ltd is engaged in the business of manufacturing of Asbestos Cement Pressure Pipes, Corrugated Roofing Sheets, A.C. Sheet and Moulded Goods and laying and jointing of Asbestos Cement Products. The company derives revenue mainly from sale of manufactured goods and related services.
67GF Score

Get the complete analysis for BOM:539620

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

₹17.51
Price
₹23.46
GF Value