Balgopal Commercial (BOM:539834) Cyclically Adjusted PB Ratio: (As of Sep. 13, 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.
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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:539834 Balgopal Commercial Ltd BOM:539834
37 GF Score
Price ₹194.10
GF Value ₹0.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Balgopal Commercial Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Balgopal Commercial  (BOM:539834) 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.


Balgopal Commercial Cyclically Adjusted PB Ratio Related Terms


Balgopal Commercial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Balgopal Commercial'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.

Balgopal Commercial Cyclically Adjusted PB Ratio Chart

Balgopal Commercial 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 0.10 0.21 1.99 9.89

Balgopal Commercial 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 15.44 0.00 9.89 0.00

BOM:539834 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Balgopal Commercial'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.


Balgopal Commercial Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Balgopal Commercial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:539834
37GF Score
Balgopal Commercial Ltd BOM:539834
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balgopal Commercial 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.

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

For example, Balgopal Commercial'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.

Balgopal Commercial Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 10.977 105.196 17.463
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 10.782 109.786 16.436
201806 0.000 111.317 0.000
201809 9.134 115.142 13.276
201812 0.000 115.142 0.000
201903 9.427 118.202 13.347
201906 0.000 120.880 0.000
201909 6.837 123.175 9.289
201912 0.000 126.235 0.000
202003 5.541 124.705 7.436
202006 0.000 127.000 0.000
202009 6.961 130.118 8.953
202012 0.000 130.889 0.000
202103 9.038 131.771 11.479
202106 0.000 134.084 0.000
202109 10.729 135.847 13.218
202112 0.000 138.161 0.000
202203 9.233 138.822 11.131
202206 0.000 142.347 0.000
202209 10.553 144.661 12.209
202212 0.000 145.763 0.000
202303 9.335 146.865 10.638
202306 0.000 150.280 0.000
202309 12.799 151.492 14.139
202312 0.000 152.924 0.000
202403 17.309 153.035 18.929
202406 0.000 155.789 0.000
202409 23.960 157.882 25.398
202412 0.000 158.323 0.000
202503 29.773 157.552 31.626
202506 0.000 159.755 0.000
202509 30.603 162.289 31.559
202512 0.000 163.281 0.000
202603 26.913 164.272 27.418
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 Balgopal Commercial (BOM:539834) Overvalued in 2026?

Based on GuruFocus' analysis, Balgopal Commercial stock appears to be overvalued. The current stock price of ₹194.10 is trading 161650% above its estimated GF Value™ of ₹0.12. GuruFocus considers Balgopal Commercial to be Significantly Overvalued.

Key valuation signals for BOM:539834:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹0.12 vs. price of ₹194.10 (161650% above fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the BOM:539834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balgopal Commercial Business Description

Address 901, Crescent Royale, Off New Link Road, 9th Floor, CTS No. 720 / 42-46, Near VIP Plaza, Oshiwara Village, Andheri West, Mumbai, MH, IND, 400053
Balgopal Commercial Ltd is mainly engaged in trading activities and invests and acquires or otherwise deals in derivatives, shares, debentures, bonds, obligations, and securities issued/guaranteed by the Government, state, Dominion in India, or elsewhere. The company generates the majority of its revenue from the sale of securities.
37GF Score

Get the complete analysis for BOM:539834

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

₹194.10
Price
₹0.12
GF Value