Vedanta (BUE:VEDL) Cyclically Adjusted PB Ratio: (As of Aug. 13, 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.
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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.

What is Vedanta Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vedanta  (BUE:VEDL) 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.


Vedanta Cyclically Adjusted PB Ratio Related Terms


Vedanta Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vedanta'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.

Vedanta Cyclically Adjusted PB Ratio Chart

Vedanta 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 0.45 0.34 0.37 0.70 1.03

Vedanta 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 0.72 0.00 1.03 0.00

Vedanta Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vedanta'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.


Vedanta Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vedanta 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.

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

For example, Vedanta'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Vedanta Quarterly Data

Book Value per Share CPI Adj_Book
201609 32.424 105.961 50.840
201612 0.000 105.196 0.000
201703 45.625 105.196 72.060
201706 0.000 107.109 0.000
201709 44.291 109.021 67.498
201712 0.000 109.404 0.000
201803 49.754 109.786 75.295
201806 0.000 111.317 0.000
201809 85.059 115.142 122.737
201812 0.000 115.142 0.000
201903 88.331 118.202 124.158
201906 0.000 120.880 0.000
201909 128.417 123.175 173.216
201912 0.000 126.235 0.000
202003 114.789 124.705 152.934
202006 0.000 127.000 0.000
202009 143.599 130.118 183.359
202012 0.000 130.889 0.000
202103 194.529 131.771 245.276
202106 0.000 134.084 0.000
202109 218.064 135.847 266.700
202112 0.000 138.161 0.000
202203 248.463 138.822 297.367
202206 0.000 142.347 0.000
202209 253.192 144.661 290.795
202212 0.000 145.763 0.000
202303 254.951 146.865 288.422
202306 0.000 150.280 0.000
202309 358.212 151.492 392.861
202312 0.000 152.924 0.000
202403 840.490 153.035 912.497
202406 0.000 155.789 0.000
202409 1,089.267 157.882 1,146.277
202412 0.000 158.323 0.000
202503 1,208.318 157.552 1,274.226
202506 0.000 159.755 0.000
202509 1,580.464 162.289 1,618.018
202512 0.000 163.281 0.000
202603 1,575.220 164.272 1,593.180
202606 0.000 166.145 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.


Vedanta Business Description

Other Exchanges VEDL:India500295:India
Address Lodhi Road, Core-6, 3rd Floor, Scope Complex 7, New Delhi, MH, IND, 110 003
Vedanta Ltd is a diversified natural resource Group engaged in exploring, extracting and processing minerals. The Group engages in the exploration, production and sale of zinc, lead, silver, copper, iron ore and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and UAE. The Group is also in the business of commercial power generation, powercables, steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. The Group's reportable segments are copper, power, Zinc India, Zinc international, and others. It generates majority of revenue from Zinc India. It has presence in India, Europe, Saudi Arabia, China, The United States of America, Mexico, and Others of which majority of revenue is from India.