Aditya Birla Fashion and Retail (NSE:ABFRL) 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:ABFRL Aditya Birla Fashion and Retail Ltd NSE:ABFRL
63 GF Score
Price ₹55.98
GF Value ₹79.16
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aditya Birla Fashion and Retail Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aditya Birla Fashion and Retail  (NSE:ABFRL) 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 Fashion and Retail Cyclically Adjusted PB Ratio Related Terms


Aditya Birla Fashion and Retail Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aditya Birla Fashion and Retail'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 Fashion and Retail Cyclically Adjusted PB Ratio Chart

Aditya Birla Fashion and Retail 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 2.28 1.73 1.93 2.99 1.69

Aditya Birla Fashion and Retail 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 2.81 0.00 1.69 0.00

NSE:ABFRL vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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 Fashion and Retail Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:ABFRL
63GF Score
Aditya Birla Fashion and Retail Ltd NSE:ABFRL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aditya Birla Fashion and Retail 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 Fashion and Retail's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Aditya Birla Fashion and Retail'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 Fashion and Retail Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.076 105.961 19.073
201612 0.000 105.196 0.000
201703 12.257 105.196 19.500
201706 0.000 107.109 0.000
201709 11.867 109.021 18.217
201712 0.000 109.404 0.000
201803 13.963 109.786 21.285
201806 0.000 111.317 0.000
201809 14.753 115.142 21.443
201812 0.000 115.142 0.000
201903 18.209 118.202 25.781
201906 0.000 120.880 0.000
201909 16.994 123.175 23.090
201912 0.000 126.235 0.000
202003 13.595 124.705 18.245
202006 0.000 127.000 0.000
202009 11.351 130.118 14.600
202012 0.000 130.889 0.000
202103 28.199 131.771 35.815
202106 0.000 134.084 0.000
202109 27.251 135.847 33.572
202112 0.000 138.161 0.000
202203 29.704 138.822 35.810
202206 0.000 142.347 0.000
202209 38.115 144.661 44.095
202212 0.000 145.763 0.000
202303 35.419 146.865 40.361
202306 0.000 150.280 0.000
202309 31.126 151.492 34.386
202312 0.000 152.924 0.000
202403 39.813 153.035 43.539
202406 0.000 155.789 0.000
202409 38.456 157.882 40.764
202412 0.000 158.323 0.000
202503 56.027 157.552 59.514
202506 0.000 159.755 0.000
202509 51.421 162.289 53.027
202512 0.000 163.281 0.000
202603 48.003 164.272 48.904
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 Fashion and Retail (NSE:ABFRL) Overvalued in 2026?

Based on GuruFocus' analysis, Aditya Birla Fashion and Retail stock appears to be undervalued. The current stock price of ₹55.98 is trading 29.3% below its estimated GF Value™ of ₹79.16. GuruFocus considers Aditya Birla Fashion and Retail to be Modestly Undervalued.

Key valuation signals for NSE:ABFRL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹79.16 vs. price of ₹55.98 (29.3% below fair value)
  • GF Score™: 63/100 with 3 warning signs

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


Aditya Birla Fashion and Retail Business Description

Other Exchanges 535755:India
Address HAL Old Airport Road, KH No 118/110/1, Building2 Divyashree Technopolis, PYemalur Post, Bengaluru, KA, IND, 560 037
Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are: Ethnic & Others that Manufacturing, distribution and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.
63GF Score

Get the complete analysis for NSE:ABFRL

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

₹55.98
Price
₹79.16
GF Value