Action Construction Equipment (NSE:ACE) Cyclically Adjusted PB Ratio: 12.44 (As of Jul. 16, 2026) — 15% Below Median

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NSE:ACE Action Construction Equipment Ltd NSE:ACE
97 GF Score
Price ₹1,004.40
GF Value ₹1,216.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Action Construction Equipment Cyclically Adjusted PB Ratio?

Action Construction Equipment NSE:ACE +4.15% 97 Cyclically Adjusted PB Ratio is 12.44 as of Jul. 16, 2026, which is 15% below its 10-year median of 14.72. GuruFocus rates NSE:ACE with a GF Score™ of 97/100 and a GF Value™ of ₹1,216.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 168 Farm & Heavy Construction Machinery companies, Action Construction Equipment ranks worse than 96.43% on this metric.

As of today (2026-07-16), Action Construction Equipment's current share price is ₹1004.40. Action Construction Equipment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹80.76. Action Construction Equipment's Cyclically Adjusted PB Ratio for today is 12.44.

The historical rank and industry rank for Action Construction Equipment's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:ACE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.12   Med: 14.72   Max: 24
Current: 12.43

During the past years, Action Construction Equipment's highest Cyclically Adjusted PB Ratio was 24.00. The lowest was 10.12. And the median was 14.72.

NSE:ACE's Cyclically Adjusted PB Ratio is ranked worse than
96.43% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.66 vs NSE:ACE: 12.43

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.

Action Construction Equipment's adjusted book value per share data for the three months ended in Mar. 2026 was ₹168.962. 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 ₹80.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Action Construction Equipment  (NSE:ACE) 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.


Action Construction Equipment Cyclically Adjusted PB Ratio Related Terms


Action Construction Equipment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Action Construction Equipment'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.

Action Construction Equipment Cyclically Adjusted PB Ratio Chart

Action Construction Equipment 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 18.76 9.27

Action Construction Equipment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.76 0.00 14.31 0.00 9.27

NSE:ACE vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Action Construction Equipment'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.


Action Construction Equipment Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Action Construction Equipment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ACE
97GF Score
Action Construction Equipment Ltd NSE:ACE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Action Construction Equipment 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.

Action Construction Equipment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1004.40/80.76
=12.44

* 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.

Action Construction Equipment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Action Construction Equipment's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=168.962/164.2724*164.2724
=168.962

Current CPI (Mar. 2026) = 164.2724.

Action Construction Equipment Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 79.567 0.000
201209 60.696 82.244 121.233
201212 0.000 83.774 0.000
201303 28.861 85.687 55.330
201403 29.025 91.425 52.152
201503 29.465 97.163 49.816
201603 27.199 102.518 43.583
201703 28.467 105.196 44.454
201803 32.572 109.786 48.737
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 37.294 118.202 51.830
201906 0.000 120.880 0.000
201909 38.637 123.175 51.528
201912 0.000 126.235 0.000
202003 39.005 124.705 51.381
202006 0.000 127.000 0.000
202009 39.910 130.118 50.386
202012 0.000 130.889 0.000
202103 46.110 131.771 57.483
202106 0.000 134.084 0.000
202109 58.081 135.847 70.234
202112 0.000 138.161 0.000
202203 63.327 138.822 74.937
202206 0.000 142.347 0.000
202209 68.851 144.661 78.185
202212 0.000 145.763 0.000
202303 77.136 146.865 86.279
202306 0.000 150.280 0.000
202309 87.738 151.492 95.140
202312 0.000 152.924 0.000
202403 103.340 153.035 110.929
202406 0.000 155.789 0.000
202409 116.265 157.882 120.971
202412 0.000 158.323 0.000
202503 135.690 157.552 141.478
202506 0.000 159.755 0.000
202509 149.773 162.289 151.603
202512 0.000 163.281 0.000
202603 168.962 164.272 168.962

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 12.44 mean?
Action Construction Equipment (NSE:ACE) has a Cyclically Adjusted PB Ratio of 12.44 as of Jul. 16, 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 Action Construction Equipment and its competitors. This is 15% below median its historical median of 14.72. Over the past decade, Action Construction Equipment's Cyclically Adjusted PB Ratio has ranged from 10.12 to 24.00. According to the industry distribution chart, Action Construction Equipment ranks #162 out of 168 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 96.4%.
Is Action Construction Equipment's Cyclically Adjusted PB Ratio too high?
Action Construction Equipment's current Cyclically Adjusted PB Ratio of 12.44 is 15% below median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 10.12 to a high of 24.00. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.66. Action Construction Equipment's value of 12.44 is 649.4% above this industry median. Based on the distribution chart, Action Construction Equipment ranks #162 out of 168 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Action Construction Equipment has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Action Construction Equipment's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Action Construction Equipment ranks #162 out of 168 companies for Cyclically Adjusted PB Ratio. This places Action Construction Equipment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Action Construction Equipment's value of 12.44 is 649.4% above this benchmark. Historically, Action Construction Equipment's own Cyclically Adjusted PB Ratio has ranged from 10.12 to 24.00 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 1.66, Action Construction Equipment 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.66, based on 168 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. Action Construction Equipment's current Cyclically Adjusted PB Ratio of 12.44 is 649.4% 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 Action Construction Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Action Construction Equipment's current Cyclically Adjusted PB Ratio is 12.44, which is 15% below median its own 10-year median of 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Action Construction Equipment stock overvalued right now?
Based on GuruFocus' analysis, Action Construction Equipment (NSE:ACE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,216.21, compared to a current price of ₹1,004.40 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.44, which is 15% below median its 10-year median of 14.72 and 649.4% above the Farm & Heavy Construction Machinery industry median of 1.66. Action Construction Equipment's overall GF Score™ is 97/100 with 1 warning sign 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 Action Construction Equipment (NSE:ACE), the current Cyclically Adjusted PB Ratio is 12.44 as of Jul. 16, 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 Action Construction Equipment (NSE:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Action Construction Equipment stock appears to be undervalued. The current stock price of ₹1,004.40 is trading 17.4% below its estimated GF Value™ of ₹1,216.21. GuruFocus considers Action Construction Equipment to be Modestly Undervalued.

Key valuation signals for NSE:ACE:

  • Cyclically Adjusted PB Ratio: 12.44 (15% below median its 10-year median of 14.72)
  • GF Value™: ₹1,216.21 vs. price of ₹1,004.40 (17.4% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 649.4% above the Farm & Heavy Construction Machinery median (#162 of 168)

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


Action Construction Equipment Business Description

Other Exchanges 532762:India
Address Dudhola Link Road, Dudhola, Palwal, HR, IND, 121102
Action Construction Equipment Ltd is engaged in the business of manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler Cranes, Truck Mounted Cranes, Material Handling Equipments like Forklifts, Road Construction Equipments like Backhoe loaders, Compactors, Motor graders and Agriculture Equipments like Tractors, Harvesters, Rotavators, etc. The company's reportable segments are Crane, Material Handling and Construction equipment, and Agricultural equipment. The majority of its revenue is generated from its Cranes segment. Geographically, it derives maximum revenue from India and also has a presence in international markets.
97GF Score

Get the complete analysis for NSE:ACE

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

₹1,004.40
Price
₹1,216.21
GF Value