Evans Electric (BOM:542668) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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:542668 Evans Electric Ltd BOM:542668
73 GF Score
Price ₹82.25
GF Value ₹66.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Evans Electric Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Evans Electric  (BOM:542668) 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.


Evans Electric Cyclically Adjusted PB Ratio Related Terms


Evans Electric Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evans Electric'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.

Evans Electric Cyclically Adjusted PB Ratio Chart

Evans Electric 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 - - - 5.05 2.29

Evans Electric Semi-Annual Data
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 - - 5.05 6.11 2.29

BOM:542668 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Evans Electric'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.


Evans Electric Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Evans Electric's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOM:542668
73GF Score
Evans Electric Ltd BOM:542668
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Evans Electric 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.

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

For example, Evans Electric'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)
=45.557/164.2724*164.2724
=45.557

Current CPI (Mar26) = 164.2724.

Evans Electric Annual Data

Book Value per Share CPI Adj_Book
201703 12.158 105.196 18.986
201803 12.721 109.786 19.034
201903 20.476 118.202 28.457
202003 19.367 124.705 25.512
202103 19.923 131.771 24.837
202203 21.128 138.822 25.001
202303 27.302 146.865 30.538
202403 35.540 153.035 38.150
202503 47.842 157.552 49.883
202603 45.557 164.272 45.557

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 Evans Electric (BOM:542668) Overvalued in 2026?

Based on GuruFocus' analysis, Evans Electric stock appears to be overvalued. The current stock price of ₹82.25 is trading 22.9% above its estimated GF Value™ of ₹66.94. GuruFocus considers Evans Electric to be Modestly Overvalued.

Key valuation signals for BOM:542668:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹66.94 vs. price of ₹82.25 (22.9% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BOM:542668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evans Electric Business Description

Address 430, Orchard Mall, 3rd Floor, A Wing, Royal Palms Estate, Aarey Milk Colony, Goregaon (East), Mumbai, MH, IND, 400065
Evans Electric Ltd is engaged in the business of repairing, re-winding, and re-designing small, medium, and large electric motors, generators, and transformers. It offers Power Generator Stators, Power Generator Rotors, Low and High Voltage Electric Motors and Generators, DC Motors and Generators, VFD Driven Motors, and Power and Distribution Transformers. The company derives its revenue only from India.
73GF Score

Get the complete analysis for BOM:542668

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

₹82.25
Price
₹66.94
GF Value