Aditya Birla Capital (NSE:ABCAPITAL) Cyclically Adjusted PB Ratio: (As of Aug. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

NSE:ABCAPITAL Aditya Birla Capital Ltd NSE:ABCAPITAL
73 GF Score
Price ₹401.00
GF Value ₹262.78
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Aditya Birla Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aditya Birla Capital  (NSE:ABCAPITAL) 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.


Aditya Birla Capital Cyclically Adjusted PB Ratio Related Terms


Aditya Birla Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aditya Birla Capital'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.

Aditya Birla Capital Cyclically Adjusted PB Ratio Chart

Aditya Birla Capital 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 0.00 3.64

Aditya Birla Capital 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 3.64 0.00

NSE:ABCAPITAL vs FRHC, VOYA: Cyclically Adjusted PB Ratio Comparison

For the Financial Conglomerates subindustry, Aditya Birla Capital'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.


Aditya Birla Capital Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aditya Birla Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ABCAPITAL
73GF Score
Aditya Birla Capital Ltd NSE:ABCAPITAL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aditya Birla Capital 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.

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

For example, Aditya Birla Capital'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.

Aditya Birla Capital Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 29.818 105.196 47.438
201706 0.000 107.109 0.000
201709 37.390 109.021 57.397
201712 0.000 109.404 0.000
201803 38.790 109.786 59.131
201806 0.000 111.317 0.000
201809 40.701 115.142 59.158
201812 0.000 115.142 0.000
201903 43.210 118.202 61.179
201906 0.000 120.880 0.000
201909 45.711 123.175 62.107
201912 0.000 126.235 0.000
202003 52.100 124.705 69.919
202006 0.000 127.000 0.000
202009 54.086 130.118 69.565
202012 0.000 130.889 0.000
202103 56.899 131.771 72.266
202106 0.000 134.084 0.000
202109 59.777 135.847 73.643
202112 0.000 138.161 0.000
202203 64.115 138.822 77.294
202206 0.000 142.347 0.000
202209 67.736 144.661 78.363
202212 0.000 145.763 0.000
202303 83.998 146.865 95.719
202306 0.000 150.280 0.000
202309 95.296 151.492 105.276
202312 0.000 152.924 0.000
202403 103.142 153.035 112.795
202406 0.000 155.789 0.000
202409 110.153 157.882 116.764
202412 0.000 158.323 0.000
202503 116.565 157.552 123.820
202506 0.000 159.755 0.000
202509 123.178 162.289 127.025
202512 0.000 163.281 0.000
202603 131.406 164.272 133.874
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 Aditya Birla Capital (NSE:ABCAPITAL) Overvalued in 2026?

Based on GuruFocus' analysis, Aditya Birla Capital stock appears to be overvalued. The current stock price of ₹401.00 is trading 52.6% above its estimated GF Value™ of ₹262.78. GuruFocus considers Aditya Birla Capital to be Significantly Overvalued.

Key valuation signals for NSE:ABCAPITAL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹262.78 vs. price of ₹401.00 (52.6% above fair value)
  • GF Score™: 73/100 with 9 warning signs

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


Aditya Birla Capital Business Description

Other Exchanges 540691:India
Address 841, Senapati Bapat Marg, Elphinstone Road, One World Centre, Tower 1, 18th Floor, Jupiter Mills Compound, Mumbai, MH, IND, 400 013
Aditya Birla Capital Ltd is a financial service provider. The company's products include Non-Bank Financial Services, Housing Finance, Life Insurance, Asset Management, General Insurance Broking, Stock and Securities Broking, Health Insurance and Other Financial Services. Its operating segments consist of Lending, and Investing and Others. The Lending segment consists of Loans (personal, business, etc.), loan against property, structured finance, working capital loans, wealth management, distribution of financial products, etc. The Investing and Others segment includes investments in Group companies Geographically, it derives a majority of its revenue from India.
73GF Score

Get the complete analysis for NSE:ABCAPITAL

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

₹401.00
Price
₹262.78
GF Value