Akshar Spintex (BOM:541303) Cyclically Adjusted PB Ratio: 0.38 (As of Sep. 10, 2026) — 66% Below Median

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BOM:541303 Akshar Spintex Ltd BOM:541303
39 GF Score
Price ₹0.41
GF Value ₹0.52
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Akshar Spintex Cyclically Adjusted PB Ratio?

Akshar Spintex BOM:541303 -4.65% 39 Cyclically Adjusted PB Ratio is 0.38 as of Sep. 10, 2026, which is 66% below its 10-year median of 1.11. GuruFocus rates BOM:541303 with a GF Score™ of 39/100 and a GF Value™ of ₹0.52 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Akshar Spintex ranks better than 79.37% on this metric.

As of today (2026-09-10), Akshar Spintex's current share price is ₹0.41. Akshar Spintex's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹1.07. Akshar Spintex's Cyclically Adjusted PB Ratio for today is 0.38.

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

BOM:541303' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.11   Max: 4.65
Current: 0.38

During the past 13 years, Akshar Spintex's highest Cyclically Adjusted PB Ratio was 4.65. The lowest was 0.38. And the median was 1.11.

BOM:541303's Cyclically Adjusted PB Ratio is ranked better than
79.37% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs BOM:541303: 0.38

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.

Akshar Spintex's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹1.027. 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 ₹1.07 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akshar Spintex  (BOM:541303) 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.


Akshar Spintex Cyclically Adjusted PB Ratio Related Terms


Akshar Spintex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Akshar Spintex'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.

Akshar Spintex Cyclically Adjusted PB Ratio Chart

Akshar Spintex 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 4.03 1.53 0.49 0.35

Akshar Spintex 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 0.00 0.00 0.35 0.00

Akshar Spintex Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Akshar Spintex'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.


Akshar Spintex Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:541303
39GF Score
Akshar Spintex Ltd BOM:541303
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akshar Spintex 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.

Akshar Spintex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.41/1.07
=0.38

* 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.

Akshar Spintex's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Akshar Spintex'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)
=1.027/164.2724*164.2724
=1.027

Current CPI (Mar26) = 164.2724.

Akshar Spintex Annual Data

Book Value per Share CPI Adj_Book
201703 0.596 105.196 0.931
201803 0.792 109.786 1.185
201903 0.898 118.202 1.248
202003 0.772 124.705 1.017
202103 0.799 131.771 0.996
202203 0.953 138.822 1.128
202303 0.896 146.865 1.002
202403 0.967 153.035 1.038
202503 1.120 157.552 1.168
202603 1.027 164.272 1.027

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 0.38 mean?
Akshar Spintex (BOM:541303) has a Cyclically Adjusted PB Ratio of 0.38 as of Sep. 10, 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 Akshar Spintex and its competitors. This is 66% below median its historical median of 1.11. Over the past decade, Akshar Spintex's Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.65. According to the industry distribution chart, Akshar Spintex ranks #131 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.6%.
Is Akshar Spintex's Cyclically Adjusted PB Ratio too high?
Akshar Spintex's current Cyclically Adjusted PB Ratio of 0.38 is 66% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.65. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Akshar Spintex's value of 0.38 is 60% below this industry median. Based on the distribution chart, Akshar Spintex ranks #131 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Akshar Spintex has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akshar Spintex's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Akshar Spintex ranks #131 out of 635 companies for Cyclically Adjusted PB Ratio. This places Akshar Spintex in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.95. Akshar Spintex's value of 0.38 is 60% below this benchmark. Historically, Akshar Spintex's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.65 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.95, Akshar Spintex 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 635 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. Akshar Spintex's current Cyclically Adjusted PB Ratio of 0.38 is 60% 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 Akshar Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akshar Spintex's current Cyclically Adjusted PB Ratio is 0.38, which is 66% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akshar Spintex stock overvalued right now?
Based on GuruFocus' analysis, Akshar Spintex (BOM:541303) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.52, compared to a current price of ₹0.41 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 66% below median its 10-year median of 1.11 and 60% below the Manufacturing - Apparel & Accessories industry median of 0.95. Akshar Spintex's overall GF Score™ is 39/100 with 5 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 Akshar Spintex (BOM:541303), the current Cyclically Adjusted PB Ratio is 0.38 as of Sep. 10, 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 Akshar Spintex (BOM:541303) Overvalued in 2026?

Based on GuruFocus' analysis, Akshar Spintex stock appears to be undervalued. The current stock price of ₹0.41 is trading 21.2% below its estimated GF Value™ of ₹0.52. GuruFocus considers Akshar Spintex to be Modestly Undervalued.

Key valuation signals for BOM:541303:

  • Cyclically Adjusted PB Ratio: 0.38 (66% below median its 10-year median of 1.11)
  • GF Value™: ₹0.52 vs. price of ₹0.41 (21.2% below fair value)
  • GF Score™: 39/100 with 5 warning signs
  • Industry Position: 60% below the Manufacturing - Apparel & Accessories median (#131 of 635)

No single metric tells the full story. See the BOM:541303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akshar Spintex Business Description

Other Exchanges AKSHAR:India
Address 150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.
39GF Score

Get the complete analysis for BOM:541303

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

₹0.41
Price
₹0.52
GF Value