Mega Nirman and Industries (BOM:539767) Cyclically Adjusted PB Ratio: 1.63 (As of Sep. 15, 2026) — 104% Above Median

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BOM:539767 Mega Nirman and Industries Ltd BOM:539767
40 GF Score
Price ₹35.79
! 3 Warning Signs
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What is Mega Nirman and Industries Cyclically Adjusted PB Ratio?

Mega Nirman and Industries BOM:539767 +1.24% 40 Cyclically Adjusted PB Ratio is 1.63 as of Sep. 15, 2026, which is 104% above its 10-year median of 0.80. GuruFocus rates BOM:539767 with a GF Score™ of 40/100. The stock has 3 warning signs investors should review. Among 759 Retail - Cyclical companies, Mega Nirman and Industries ranks worse than 131752.17% on this metric.

As of today (2026-09-15), Mega Nirman and Industries's current share price is ₹35.79. Mega Nirman and Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹21.92. Mega Nirman and Industries's Cyclically Adjusted PB Ratio for today is 1.63.

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

During the past years, Mega Nirman and Industries's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.52. And the median was 0.80.

BOM:539767's Cyclically Adjusted PB Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.19
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Mega Nirman and Industries's adjusted book value per share data for the three months ended in Jun. 2026 was ₹0.000. 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 ₹21.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mega Nirman and Industries  (BOM:539767) 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.


Mega Nirman and Industries Cyclically Adjusted PB Ratio Related Terms


Mega Nirman and Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mega Nirman and Industries'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.

Mega Nirman and Industries Cyclically Adjusted PB Ratio Chart

Mega Nirman and Industries 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 0.89 0.84 1.75

Mega Nirman and Industries 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 1.08 1.13 2.13 1.86 1.60

BOM:539767 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Mega Nirman and Industries'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.


Mega Nirman and Industries Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mega Nirman and Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mega Nirman and Industries's Cyclically Adjusted PB Ratio falls into.


BOM:539767
40GF Score
Mega Nirman and Industries Ltd BOM:539767
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Nirman and Industries 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.

Mega Nirman and Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.79/21.92
=1.63

* 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.

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

For example, Mega Nirman and Industries'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)
=/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Mega Nirman and Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.697 105.961 20.054
201612 0.000 105.196 0.000
201703 12.751 105.196 20.286
201706 0.000 107.109 0.000
201709 13.163 109.021 20.206
201712 0.000 109.404 0.000
201803 13.498 109.786 20.576
201806 0.000 111.317 0.000
201809 13.777 115.142 20.025
201812 0.000 115.142 0.000
201903 13.992 118.202 19.811
201906 0.000 120.880 0.000
201909 14.387 123.175 19.548
201912 0.000 126.235 0.000
202003 14.403 124.705 19.329
202006 0.000 127.000 0.000
202009 14.630 130.118 18.817
202012 0.000 130.889 0.000
202103 14.548 131.771 18.477
202106 0.000 134.084 0.000
202109 14.515 135.847 17.882
202112 0.000 138.161 0.000
202203 14.761 138.822 17.795
202206 0.000 142.347 0.000
202209 14.895 144.661 17.232
202212 0.000 145.763 0.000
202303 14.780 146.865 16.842
202306 0.000 150.280 0.000
202309 14.300 151.492 15.798
202312 0.000 152.924 0.000
202403 38.950 153.035 42.595
202406 0.000 155.789 0.000
202409 38.723 157.882 41.047
202412 0.000 158.323 0.000
202503 39.108 157.552 41.542
202506 0.000 159.755 0.000
202509 14.780 162.289 15.242
202512 0.000 163.281 0.000
202603 15.023 164.272 15.305
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.

What does a Cyclically Adjusted PB Ratio of 1.63 mean?
Mega Nirman and Industries (BOM:539767) has a Cyclically Adjusted PB Ratio of 1.63 as of Sep. 15, 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 Mega Nirman and Industries and its competitors. This is 104% above median its historical median of 0.80. Over the past decade, Mega Nirman and Industries' Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.13. According to the industry distribution chart, Mega Nirman and Industries ranks #999999 out of 759 companies in the Retail - Cyclical industry.
Is Mega Nirman and Industries' Cyclically Adjusted PB Ratio too high?
Mega Nirman and Industries' current Cyclically Adjusted PB Ratio of 1.63 is 104% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.13. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.19. Mega Nirman and Industries' value of 1.63 is 37% above this industry median. Based on the distribution chart, Mega Nirman and Industries ranks #999999 out of 759 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mega Nirman and Industries has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Mega Nirman and Industries' Cyclically Adjusted PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mega Nirman and Industries ranks #999999 out of 759 companies for Cyclically Adjusted PB Ratio. This places Mega Nirman and Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Mega Nirman and Industries' value of 1.63 is 37% above this benchmark. Historically, Mega Nirman and Industries' own Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.13 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.19, Mega Nirman and Industries 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.19, based on 759 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. Mega Nirman and Industries's current Cyclically Adjusted PB Ratio of 1.63 is 37% 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 Mega Nirman and Industries and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Nirman and Industries's current Cyclically Adjusted PB Ratio is 1.63, which is 104% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Nirman and Industries stock overvalued right now?
Mega Nirman and Industries (BOM:539767) has a current Cyclically Adjusted PB Ratio of 1.63. The current Cyclically Adjusted PB Ratio is 1.63, which is 104% above median its 10-year median of 0.80 and 37% above the Retail - Cyclical industry median of 1.19. Mega Nirman and Industries' overall GF Score™ is 40/100 with 3 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 Mega Nirman and Industries (BOM:539767), the current Cyclically Adjusted PB Ratio is 1.63 as of Sep. 15, 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.

Mega Nirman and Industries Business Description

Address Bharat Vihar Road, C-1/50,5, Raja Puri, Uttam Nagar, New Delhi, IND, 110059
Mega Nirman and Industries Ltd is involved in the business of investing in, acquire, deal in other precious metals, precious stones, jewelry and buying, selling and dealing, wholesale and retailing, in precious metals, precious stones, jewelry and articles made of precious metals, precious stones articles of virtue and objects of art. The company is engaged in the business of Trading of Precious and Semi-Precious Stones.
40GF Score

Get the complete analysis for BOM:539767

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

₹35.79
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