Darjeeling Industriies (BOM:539770) Cyclically Adjusted PB Ratio: (As of Aug. 27, 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:539770 Darjeeling Industriies Ltd BOM:539770
28 GF Score
Price ₹27.81
! 5 Warning Signs
View Full Analysis

What is Darjeeling Industriies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Darjeeling Industriies  (BOM:539770) 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.


Darjeeling Industriies Cyclically Adjusted PB Ratio Related Terms


Darjeeling Industriies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Darjeeling Industriies'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.

Darjeeling Industriies Cyclically Adjusted PB Ratio Chart

Darjeeling Industriies 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 0.10 0.11 0.19 1.64 1.57

Darjeeling Industriies 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 3.36 0.00 1.57 0.00

Darjeeling Industriies Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Darjeeling Industriies'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.


Darjeeling Industriies Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Darjeeling Industriies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:539770
28GF Score
Darjeeling Industriies Ltd BOM:539770
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Darjeeling Industriies 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.

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

For example, Darjeeling Industriies'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.

Darjeeling Industriies Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.052 105.961 17.456
201612 0.000 105.196 0.000
201703 11.686 105.196 18.591
201706 0.000 107.109 0.000
201709 13.342 109.021 20.481
201712 0.000 109.404 0.000
201803 13.466 109.786 20.527
201806 0.000 111.317 0.000
201809 15.075 115.142 21.911
201812 0.000 115.142 0.000
201903 16.041 118.202 22.712
201906 0.000 120.880 0.000
201909 16.949 123.175 23.029
201912 0.000 126.235 0.000
202003 15.949 124.705 21.404
202006 0.000 127.000 0.000
202009 16.177 130.118 20.807
202012 0.000 130.889 0.000
202103 15.931 131.771 20.233
202106 0.000 134.084 0.000
202109 16.099 135.847 19.833
202112 0.000 138.161 0.000
202203 16.046 138.822 19.344
202206 0.000 142.347 0.000
202209 16.094 144.661 18.619
202212 0.000 145.763 0.000
202303 16.038 146.865 18.276
202306 0.000 150.280 0.000
202309 15.958 151.492 17.629
202312 0.000 152.924 0.000
202403 16.500 153.035 18.044
202406 0.000 155.789 0.000
202409 17.180 157.882 18.211
202412 0.000 158.323 0.000
202503 15.657 157.552 16.631
202506 0.000 159.755 0.000
202509 27.186 162.289 28.035
202512 0.000 163.281 0.000
202603 19.686 164.272 20.056
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.


Darjeeling Industriies Business Description

Address Tata Road No. 2, 104, Floor-1, Shreeji Darshan, Roxy Cinema Opera House, Girgaon, Mumbai, IND, 400004
Darjeeling Industriies Ltd, formerly known as Darjeeling Ropeway Co Ltd, engages in real estate, property, and infrastructure development. The company operates in a single Segment which is Real estate activities on a works contract basis.
28GF Score

Get the complete analysis for BOM:539770

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

₹27.81
Price