Modern Engineering & Projects (BOM:539762) Cyclically Adjusted PB Ratio: (As of Sep. 11, 2026)

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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:539762 Modern Engineering & Projects Ltd BOM:539762
48 GF Score
Price ₹24.89
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What is Modern Engineering & Projects Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Modern Engineering & Projects  (BOM:539762) 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.


Modern Engineering & Projects Cyclically Adjusted PB Ratio Related Terms


Modern Engineering & Projects Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Modern Engineering & Projects'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.

Modern Engineering & Projects Cyclically Adjusted PB Ratio Chart

Modern Engineering & Projects 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 0.56 0.90 6.09 3.65

Modern Engineering & Projects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.65 0.00 5.75 0.00 0.00

BOM:539762 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Modern Engineering & Projects'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.


Modern Engineering & Projects Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Modern Engineering & Projects's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Modern Engineering & Projects's Cyclically Adjusted PB Ratio falls into.


BOM:539762
48GF Score
Modern Engineering & Projects Ltd BOM:539762
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Engineering & Projects 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.

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

For example, Modern Engineering & Projects'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.

Modern Engineering & Projects Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 3.566 105.961 5.632
201612 0.000 105.196 0.000
201703 4.395 105.196 6.992
201706 0.000 107.109 0.000
201709 4.469 109.021 6.860
201712 0.000 109.404 0.000
201803 4.156 109.786 6.335
201806 0.000 111.317 0.000
201809 4.113 115.142 5.978
201812 0.000 115.142 0.000
201903 3.978 118.202 5.632
201906 0.000 120.880 0.000
201909 3.888 123.175 5.283
201912 0.000 126.235 0.000
202003 3.797 124.705 5.096
202006 0.000 127.000 0.000
202009 3.790 130.118 4.875
202012 0.000 130.889 0.000
202103 3.674 131.771 4.666
202106 0.000 134.084 0.000
202109 1.860 135.847 2.291
202112 0.000 138.161 0.000
202203 0.086 138.822 0.104
202206 0.000 142.347 0.000
202209 -0.978 144.661 -1.131
202212 0.000 145.763 0.000
202303 -5.242 146.865 -5.973
202306 0.000 150.280 0.000
202309 -1.544 151.492 -1.706
202312 0.000 152.924 0.000
202403 -0.883 153.035 -0.966
202406 0.000 155.789 0.000
202409 32.525 157.882 34.477
202412 0.000 158.323 0.000
202503 36.261 157.552 38.518
202506 0.000 159.755 0.000
202509 39.354 162.289 40.583
202512 0.000 163.281 0.000
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.


Modern Engineering & Projects Business Description

Address Free Press Journal Marg, 103/4, Plot-215, Free Press House, FL-10, Nariman Point, Mumbai, MH, IND, 400021
Modern Engineering & Projects Ltd specializes in executing infrastructure projects, including transportation engineering and civil construction. The company undertakes contract-based projects that span road development, highway expansion, and related civil works in India. It operates in the single segment of Infrastructure and construction. Its revenue is generated from engineering, procurement and construction contracts (EPC).
48GF Score

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

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