Cochin Shipyard (BOM:540678) Cyclically Adjusted PB Ratio: (As of Sep. 05, 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:540678 Cochin Shipyard Ltd BOM:540678
92 GF Score
Price ₹1,500.00
GF Value ₹1,715.21
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Cochin Shipyard Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cochin Shipyard  (BOM:540678) 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.


Cochin Shipyard Cyclically Adjusted PB Ratio Related Terms


Cochin Shipyard Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard Cyclically Adjusted PB Ratio Chart

Cochin Shipyard 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 0.00 8.88 6.44

Cochin Shipyard 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 10.35 0.00 6.44 0.00

BOM:540678 vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:540678
92GF Score
Cochin Shipyard Ltd BOM:540678
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cochin Shipyard 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.

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

For example, Cochin Shipyard'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.

Cochin Shipyard Quarterly Data

Book Value per Share CPI Adj_Book
201609 70.058 105.961 110.651
201612 0.000 105.196 0.000
201703 74.708 105.196 118.854
201706 0.000 107.109 0.000
201709 112.283 109.021 172.364
201712 0.000 109.404 0.000
201803 119.743 109.786 182.535
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 126.525 118.202 179.141
201906 0.000 120.880 0.000
201909 131.069 123.175 178.083
201912 0.000 126.235 0.000
202003 141.511 124.705 189.911
202006 0.000 127.000 0.000
202009 140.816 130.118 181.117
202012 0.000 130.889 0.000
202103 153.316 131.771 194.722
202106 0.000 134.084 0.000
202109 158.140 135.847 194.821
202112 0.000 138.161 0.000
202203 166.990 138.822 201.316
202206 0.000 142.347 0.000
202209 170.962 144.661 197.785
202212 0.000 145.763 0.000
202303 168.300 146.865 191.784
202306 0.000 150.280 0.000
202309 178.760 151.492 197.481
202312 0.000 152.924 0.000
202403 190.182 153.035 207.982
202406 0.000 155.789 0.000
202409 200.531 157.882 212.566
202412 0.000 158.323 0.000
202503 212.074 157.552 225.273
202506 0.000 159.755 0.000
202509 216.560 162.289 223.323
202512 0.000 163.281 0.000
202603 223.230 164.272 227.422
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 Cochin Shipyard (BOM:540678) Overvalued in 2026?

Based on GuruFocus' analysis, Cochin Shipyard stock appears to be undervalued. The current stock price of ₹1,500.00 is trading 12.5% below its estimated GF Value™ of ₹1,715.21. GuruFocus considers Cochin Shipyard to be Modestly Undervalued.

Key valuation signals for BOM:540678:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,715.21 vs. price of ₹1,500.00 (12.5% below fair value)
  • GF Score™: 92/100 with 6 warning signs

No single metric tells the full story. See the BOM:540678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cochin Shipyard Business Description

Other Exchanges COCHINSHIP:India
Address Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.
92GF Score

Get the complete analysis for BOM:540678

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

₹1,500.00
Price
₹1,715.21
GF Value