Allied Digital Services (NSE:ADSL) Cyclically Adjusted PB Ratio: 0.96 (As of Jul. 24, 2026) — 12% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

NSE:ADSL Allied Digital Services Ltd NSE:ADSL
77 GF Score
Price ₹113.93
GF Value ₹214.18
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Allied Digital Services Cyclically Adjusted PB Ratio?

Allied Digital Services NSE:ADSL -2.50% 77 Cyclically Adjusted PB Ratio is 0.96 as of Jul. 24, 2026, which is 12% above its 10-year median of 0.86. GuruFocus rates NSE:ADSL with a GF Score™ of 77/100 and a GF Value™ of ₹214.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,591 Software companies, Allied Digital Services ranks better than 73.6% on this metric.

As of today (2026-07-24), Allied Digital Services's current share price is ₹113.93. Allied Digital Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹118.19. Allied Digital Services's Cyclically Adjusted PB Ratio for today is 0.96.

The historical rank and industry rank for Allied Digital Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:ADSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.86   Max: 2.31
Current: 1.01

During the past years, Allied Digital Services's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.07. And the median was 0.86.

NSE:ADSL's Cyclically Adjusted PB Ratio is ranked better than
73.6% of 1591 companies
in the Software industry
Industry Median: 2.26 vs NSE:ADSL: 1.01

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.

Allied Digital Services's adjusted book value per share data for the three months ended in Mar. 2026 was ₹108.577. 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 ₹118.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Digital Services  (NSE:ADSL) 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.


Allied Digital Services Cyclically Adjusted PB Ratio Related Terms


Allied Digital Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Allied Digital Services'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.

Allied Digital Services Cyclically Adjusted PB Ratio Chart

Allied Digital Services 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 0.79 0.55 1.08 1.57 0.74

Allied Digital Services 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 1.57 0.00 1.51 0.00 0.74

NSE:ADSL vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Allied Digital Services'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.


Allied Digital Services Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Allied Digital Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ADSL
77GF Score
Allied Digital Services Ltd NSE:ADSL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allied Digital Services 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.

Allied Digital Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=113.93/118.19
=0.96

* 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.

Allied Digital Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Allied Digital Services'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)
=108.577/164.2724*164.2724
=108.577

Current CPI (Mar. 2026) = 164.2724.

Allied Digital Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 89.304 105.961 138.449
201612 0.000 105.196 0.000
201703 88.029 105.196 137.465
201706 0.000 107.109 0.000
201709 84.060 109.021 126.661
201712 0.000 109.404 0.000
201803 84.402 109.786 126.290
201806 0.000 111.317 0.000
201809 85.285 115.142 121.676
201812 0.000 115.142 0.000
201903 87.004 118.202 120.915
201906 0.000 120.880 0.000
201909 88.979 123.175 118.667
201912 0.000 126.235 0.000
202003 90.901 124.705 119.743
202006 0.000 127.000 0.000
202009 91.905 130.118 116.029
202012 0.000 130.889 0.000
202103 92.813 131.771 115.706
202106 0.000 134.084 0.000
202109 98.529 135.847 119.146
202112 0.000 138.161 0.000
202203 98.030 138.822 116.002
202206 0.000 142.347 0.000
202209 103.273 144.661 117.273
202212 0.000 145.763 0.000
202303 97.733 146.865 109.317
202306 0.000 150.280 0.000
202309 100.875 151.492 109.385
202312 0.000 152.924 0.000
202403 104.641 153.035 112.325
202406 0.000 155.789 0.000
202409 106.110 157.882 110.405
202412 0.000 158.323 0.000
202503 106.729 157.552 111.282
202506 0.000 159.755 0.000
202509 107.872 162.289 109.190
202512 0.000 163.281 0.000
202603 108.577 164.272 108.577

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 0.96 mean?
Allied Digital Services (NSE:ADSL) has a Cyclically Adjusted PB Ratio of 0.96 as of Jul. 24, 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 Allied Digital Services and its competitors. This is 12% above median its historical median of 0.86. Over the past decade, Allied Digital Services' Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.31. According to the industry distribution chart, Allied Digital Services ranks #420 out of 1591 companies in the Software industry, placing it in the top 26.4%.
Is Allied Digital Services' Cyclically Adjusted PB Ratio too high?
Allied Digital Services' current Cyclically Adjusted PB Ratio of 0.96 is 12% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.31. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Allied Digital Services' value of 0.96 is 57.5% below this industry median. Based on the distribution chart, Allied Digital Services ranks #420 out of 1591 companies in the Software industry, which is above the industry midpoint. Overall, Allied Digital Services has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Allied Digital Services' Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Allied Digital Services ranks #420 out of 1591 companies for Cyclically Adjusted PB Ratio. This puts Allied Digital Services in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Allied Digital Services' value of 0.96 is 57.5% below this benchmark. Historically, Allied Digital Services' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.31 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 2.26, Allied Digital Services has consistently been below 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,591 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. Allied Digital Services's current Cyclically Adjusted PB Ratio of 0.96 is 57.5% below 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 Allied Digital Services and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Digital Services's current Cyclically Adjusted PB Ratio is 0.96, which is 12% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Digital Services stock overvalued right now?
Based on GuruFocus' analysis, Allied Digital Services (NSE:ADSL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹214.18, compared to a current price of ₹113.93 — trading 46.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 12% above median its 10-year median of 0.86 and 57.5% below the Software industry median of 2.26. Allied Digital Services' overall GF Score™ is 77/100 with 4 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 Allied Digital Services (NSE:ADSL), the current Cyclically Adjusted PB Ratio is 0.96 as of Jul. 24, 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 Allied Digital Services (NSE:ADSL) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Digital Services stock appears to be undervalued. The current stock price of ₹113.93 is trading 46.8% below its estimated GF Value™ of ₹214.18. GuruFocus considers Allied Digital Services to be Significantly Undervalued.

Key valuation signals for NSE:ADSL:

  • Cyclically Adjusted PB Ratio: 0.96 (12% above median its 10-year median of 0.86)
  • GF Value™: ₹214.18 vs. price of ₹113.93 (46.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 57.5% below the Software median (#420 of 1591)

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


Allied Digital Services Business Description

Other Exchanges 532875:India
Address Vidhan Bhavan Marg, 808, 8th Floor, Plot No. 221/222, Mafatlal Centre, Nariman Point, Mumbai, MH, IND, 400 021
Allied Digital Services Ltd is an Indian-based information technology service and solutions offering company. The company provides a wide range of information technology and consultancy services such as infrastructure services, end-user IT support, IT asset lifecycle, enterprise applications, and integrated solutions. The company has two reportable segments of its business namely: Services and Solutions, of which maximum revenue is derived from Services segment. Geographically the business presence of the firm is seen across the region of India, the United States, and the UK.
77GF Score

Get the complete analysis for NSE:ADSL

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

₹113.93
Price
₹214.18
GF Value