Shiva Granito Export (BOM:540072) Cyclically Adjusted PB Ratio: 0.65 (As of Sep. 11, 2026) — 26% Below Median

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BOM:540072 Shiva Granito Export Ltd BOM:540072
63 GF Score
Price ₹9.21
GF Value ₹28.96
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shiva Granito Export Cyclically Adjusted PB Ratio?

Shiva Granito Export BOM:540072 63 Cyclically Adjusted PB Ratio is 0.65 as of Sep. 11, 2026, which is 26% below its 10-year median of 0.88. GuruFocus rates BOM:540072 with a GF Score™ of 63/100 and a GF Value™ of ₹28.96 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 284 Building Materials companies, Shiva Granito Export ranks better than 65.49% on this metric.

As of today (2026-09-11), Shiva Granito Export's current share price is ₹9.21. Shiva Granito Export's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹14.21. Shiva Granito Export's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for Shiva Granito Export's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:540072' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.88   Max: 1.97
Current: 0.68

During the past 13 years, Shiva Granito Export's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.20. And the median was 0.88.

BOM:540072's Cyclically Adjusted PB Ratio is ranked better than
65.49% of 284 companies
in the Building Materials industry
Industry Median: 0.97 vs BOM:540072: 0.68

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.

Shiva Granito Export's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹18.116. 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 ₹14.21 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shiva Granito Export  (BOM:540072) 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.


Shiva Granito Export Cyclically Adjusted PB Ratio Related Terms


Shiva Granito Export Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shiva Granito Export'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.

Shiva Granito Export Cyclically Adjusted PB Ratio Chart

Shiva Granito Export 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 0.29 0.88 0.83 1.21 0.94

Shiva Granito Export Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.83 0.00 1.21 0.00 0.94

BOM:540072 vs CRH, MLM, VMC: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Shiva Granito Export'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.


Shiva Granito Export Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shiva Granito Export's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shiva Granito Export's Cyclically Adjusted PB Ratio falls into.


BOM:540072
63GF Score
Shiva Granito Export Ltd BOM:540072
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiva Granito Export 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.

Shiva Granito Export's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.21/14.21
=0.65

* 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.

Shiva Granito Export's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Shiva Granito Export's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=18.116/164.2724*164.2724
=18.116

Current CPI (Mar26) = 164.2724.

Shiva Granito Export Annual Data

Book Value per Share CPI Adj_Book
201703 10.485 105.196 16.373
201803 10.739 109.786 16.069
201903 10.951 118.202 15.219
202003 10.696 124.705 14.090
202103 10.695 131.771 13.333
202203 10.775 138.822 12.750
202303 5.015 146.865 5.609
202403 11.367 153.035 12.202
202503 17.602 157.552 18.353
202603 18.116 164.272 18.116

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 0.65 mean?
Shiva Granito Export (BOM:540072) has a Cyclically Adjusted PB Ratio of 0.65 as of Sep. 11, 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 Shiva Granito Export and its competitors. This is 26% below median its historical median of 0.88. Over the past decade, Shiva Granito Export's Cyclically Adjusted PB Ratio has ranged from 0.20 to 1.97. According to the industry distribution chart, Shiva Granito Export ranks #98 out of 284 companies in the Building Materials industry, placing it in the top 34.5%.
Is Shiva Granito Export's Cyclically Adjusted PB Ratio too high?
Shiva Granito Export's current Cyclically Adjusted PB Ratio of 0.65 is 26% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.97. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Shiva Granito Export's value of 0.65 is 33% below this industry median. Based on the distribution chart, Shiva Granito Export ranks #98 out of 284 companies in the Building Materials industry, which is above the industry midpoint. Overall, Shiva Granito Export has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shiva Granito Export's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Shiva Granito Export ranks #98 out of 284 companies for Cyclically Adjusted PB Ratio. This puts Shiva Granito Export in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Shiva Granito Export's value of 0.65 is 33% below this benchmark. Historically, Shiva Granito Export's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 1.97 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.97, Shiva Granito Export has consistently been below 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 284 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. Shiva Granito Export's current Cyclically Adjusted PB Ratio of 0.65 is 33% below 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 Shiva Granito Export and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Granito Export's current Cyclically Adjusted PB Ratio is 0.65, which is 26% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Granito Export stock overvalued right now?
Based on GuruFocus' analysis, Shiva Granito Export (BOM:540072) is currently considered Possible Value Trap. The stock's GF Value™ is ₹28.96, compared to a current price of ₹9.21 — trading 68.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 26% below median its 10-year median of 0.88 and 33% below the Building Materials industry median of 0.97. Shiva Granito Export's overall GF Score™ is 63/100 with 7 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 Shiva Granito Export (BOM:540072), the current Cyclically Adjusted PB Ratio is 0.65 as of Sep. 11, 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.

Is Shiva Granito Export (BOM:540072) Overvalued in 2026?

Based on GuruFocus' analysis, Shiva Granito Export stock appears to be undervalued. The current stock price of ₹9.21 is trading 68.2% below its estimated GF Value™ of ₹28.96. GuruFocus considers Shiva Granito Export to be Possible Value Trap.

Key valuation signals for BOM:540072:

  • Cyclically Adjusted PB Ratio: 0.65 (26% below median its 10-year median of 0.88)
  • GF Value™: ₹28.96 vs. price of ₹9.21 (68.2% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 33% below the Building Materials median (#98 of 284)

No single metric tells the full story. See the BOM:540072 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiva Granito Export Business Description

Address 8, Bhatt ji Ki Baari, Udaipur, RJ, IND, 313001
Shiva Granito Export Ltd manufactures and exports marble and granite products to various international markets. The company also produces engineered quartz stone slabs, resins, and quartz powder. Its operations include quarrying, processing, and manufacturing of natural stone products, supported by a manufacturing facility with backward integration. Revenue is generated from the indigenous and export sales of its marble, granite, and engineered stone products, catering to customers in various countries.
63GF Score

Get the complete analysis for BOM:540072

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

₹9.21
Price
₹28.96
GF Value