D. P. Abhushan (BOM:544161) Cyclically Adjusted PB Ratio: 14.44 (As of Sep. 17, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:544161 D. P. Abhushan Ltd BOM:544161
74 GF Score
Price ₹1,319.55
GF Value ₹1,976.82
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is D. P. Abhushan Cyclically Adjusted PB Ratio?

D. P. Abhushan BOM:544161 -1.45% 74 Cyclically Adjusted PB Ratio is 14.44 as of Sep. 17, 2026, which is 9% below its 10-year median of 15.83. GuruFocus rates BOM:544161 with a GF Score™ of 74/100 and a GF Value™ of ₹1,976.82 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 759 Retail - Cyclical companies, D. P. Abhushan ranks worse than 97.1% on this metric.

As of today (2026-09-17), D. P. Abhushan's current share price is ₹1319.55. D. P. Abhushan's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹91.40. D. P. Abhushan's Cyclically Adjusted PB Ratio for today is 14.44.

The historical rank and industry rank for D. P. Abhushan's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:544161' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.32   Med: 15.83   Max: 31.64
Current: 14.67

During the past 13 years, D. P. Abhushan's highest Cyclically Adjusted PB Ratio was 31.64. The lowest was 7.32. And the median was 15.83.

BOM:544161's Cyclically Adjusted PB Ratio is ranked worse than
97.1% of 759 companies
in the Retail - Cyclical industry
Industry Median: 1.19 vs BOM:544161: 14.67

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.

D. P. Abhushan's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹277.122. 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 ₹91.40 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


D. P. Abhushan  (BOM:544161) 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.


D. P. Abhushan Cyclically Adjusted PB Ratio Related Terms


D. P. Abhushan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for D. P. Abhushan'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.

D. P. Abhushan Cyclically Adjusted PB Ratio Chart

D. P. Abhushan 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 21.89 10.39

D. P. Abhushan 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 22.61 22.30 21.99 10.39 10.09

BOM:544161 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, D. P. Abhushan'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.


D. P. Abhushan Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, D. P. Abhushan's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where D. P. Abhushan's Cyclically Adjusted PB Ratio falls into.


BOM:544161
74GF Score
D. P. Abhushan Ltd BOM:544161
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D. P. Abhushan 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.

D. P. Abhushan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1319.55/91.398
=14.44

* 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.

D. P. Abhushan's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, D. P. Abhushan'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)
=277.122/164.2724*164.2724
=277.122

Current CPI (Mar26) = 164.2724.

D. P. Abhushan Annual Data

Book Value per Share CPI Adj_Book
201703 9.641 105.196 15.055
201803 18.458 109.786 27.619
201903 23.756 118.202 33.015
202003 31.326 124.705 41.265
202103 43.622 131.771 54.382
202203 62.036 138.822 73.409
202303 81.364 146.865 91.008
202403 107.280 153.035 115.158
202503 178.344 157.552 185.952
202603 277.122 164.272 277.122

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 14.44 mean?
D. P. Abhushan (BOM:544161) has a Cyclically Adjusted PB Ratio of 14.44 as of Sep. 17, 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 D. P. Abhushan and its competitors. This is near median its historical median of 15.83. Over the past decade, D. P. Abhushan's Cyclically Adjusted PB Ratio has ranged from 7.32 to 31.64. According to the industry distribution chart, D. P. Abhushan ranks #737 out of 759 companies in the Retail - Cyclical industry, placing it in the top 97.1%.
Is D. P. Abhushan's Cyclically Adjusted PB Ratio too high?
D. P. Abhushan's current Cyclically Adjusted PB Ratio of 14.44 is near median its 10-year median of 15.83. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 31.64. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.19. D. P. Abhushan's value of 14.44 is 1113.4% above this industry median. Based on the distribution chart, D. P. Abhushan ranks #737 out of 759 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, D. P. Abhushan has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does D. P. Abhushan's Cyclically Adjusted PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, D. P. Abhushan ranks #737 out of 759 companies for Cyclically Adjusted PB Ratio. This places D. P. Abhushan in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. D. P. Abhushan's value of 14.44 is 1113.4% above this benchmark. Historically, D. P. Abhushan's own Cyclically Adjusted PB Ratio has ranged from 7.32 to 31.64 over the past decade. While the company's 10-year median is 15.83 vs. the industry median of 1.19, D. P. Abhushan has consistently been above 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.19, based on 759 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. D. P. Abhushan's current Cyclically Adjusted PB Ratio of 14.44 is 1113.4% above 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 D. P. Abhushan and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D. P. Abhushan's current Cyclically Adjusted PB Ratio is 14.44, which is near median its own 10-year median of 15.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D. P. Abhushan stock overvalued right now?
Based on GuruFocus' analysis, D. P. Abhushan (BOM:544161) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,976.82, compared to a current price of ₹1,319.55 — trading 33.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.44, which is near median its 10-year median of 15.83 and 1113.4% above the Retail - Cyclical industry median of 1.19. D. P. Abhushan's overall GF Score™ is 74/100 with 2 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 D. P. Abhushan (BOM:544161), the current Cyclically Adjusted PB Ratio is 14.44 as of Sep. 17, 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 D. P. Abhushan (BOM:544161) Overvalued in 2026?

Based on GuruFocus' analysis, D. P. Abhushan stock appears to be undervalued. The current stock price of ₹1,319.55 is trading 33.2% below its estimated GF Value™ of ₹1,976.82. GuruFocus considers D. P. Abhushan to be Possible Value Trap.

Key valuation signals for BOM:544161:

  • Cyclically Adjusted PB Ratio: 14.44 (near median its 10-year median of 15.83)
  • GF Value™: ₹1,976.82 vs. price of ₹1,319.55 (33.2% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 1113.4% above the Retail - Cyclical median (#737 of 759)

No single metric tells the full story. See the BOM:544161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D. P. Abhushan Business Description

Other Exchanges DPABHUSHAN:India
Address 19, Chandni Chowk, 2nd Floor, Ratlam, MP, IND, 457001
D. P. Abhushan Ltd is an India-based company engaged in the manufacturing, sale, and trading of ornaments made from gold, diamond-studded, platinum, silver, and other precious metals. The company's collections include Solitaire Jewellery, Gold Jewellery, Diamond Jewellery, Platinum Jewellery, and Silver Jewellery. The company's business activities fall within a single business segment, Jewellery and operate in one reportable geographical segment, which is India.
74GF Score

Get the complete analysis for BOM:544161

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

₹1,319.55
Price
₹1,976.82
GF Value