Affle 3i (NSE:AFFLE) Cyclically Adjusted PB Ratio: 17.07 (As of Jul. 30, 2026) — 26% Below Median

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NSE:AFFLE Affle 3i Ltd NSE:AFFLE
91 GF Score
Price ₹1,654.30
GF Value ₹2,045.58
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Affle 3i Cyclically Adjusted PB Ratio?

Affle 3i NSE:AFFLE +1.38% 91 Cyclically Adjusted PB Ratio is 17.07 as of Jul. 30, 2026, which is 26% below its 10-year median of 23.09. GuruFocus rates NSE:AFFLE with a GF Score™ of 91/100 and a GF Value™ of ₹2,045.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 706 Media - Diversified companies, Affle 3i ranks worse than 98.44% on this metric.

As of today (2026-07-30), Affle 3i's current share price is ₹1654.30. Affle 3i's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹96.91. Affle 3i's Cyclically Adjusted PB Ratio for today is 17.07.

The historical rank and industry rank for Affle 3i's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:AFFLE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.47   Med: 23.09   Max: 29.24
Current: 17.07

During the past 12 years, Affle 3i's highest Cyclically Adjusted PB Ratio was 29.24. The lowest was 14.47. And the median was 23.09.

NSE:AFFLE's Cyclically Adjusted PB Ratio is ranked worse than
98.44% of 706 companies
in the Media - Diversified industry
Industry Median: 0.96 vs NSE:AFFLE: 17.07

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.

Affle 3i's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹259.755. 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 ₹96.91 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Affle 3i  (NSE:AFFLE) 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.


Affle 3i Cyclically Adjusted PB Ratio Related Terms


Affle 3i Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Affle 3i'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.

Affle 3i Cyclically Adjusted PB Ratio Chart

Affle 3i 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 22.65 23.59 14.95

Affle 3i 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 23.59 0.00 0.00 0.00 14.95

NSE:AFFLE vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Affle 3i'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.


Affle 3i Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Affle 3i's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Affle 3i's Cyclically Adjusted PB Ratio falls into.


NSE:AFFLE
91GF Score
Affle 3i Ltd NSE:AFFLE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Affle 3i 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.

Affle 3i's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1654.30/96.91
=17.07

* 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.

Affle 3i's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Affle 3i's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=259.755/164.2724*164.2724
=259.755

Current CPI (Mar26) = 164.2724.

Affle 3i Annual Data

Book Value per Share CPI Adj_Book
201703 1.650 105.196 2.577
201803 2.366 109.786 3.540
201903 5.680 118.202 7.894
202003 17.976 124.705 23.680
202103 26.923 131.771 33.564
202203 88.413 138.822 104.622
202303 109.947 146.865 122.979
202403 178.299 153.035 191.392
202503 209.932 157.552 218.887
202603 259.755 164.272 259.755

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 17.07 mean?
Affle 3i (NSE:AFFLE) has a Cyclically Adjusted PB Ratio of 17.07 as of Jul. 30, 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 Affle 3i and its competitors. This is 26% below median its historical median of 23.09. Over the past decade, Affle 3i's Cyclically Adjusted PB Ratio has ranged from 14.47 to 29.24. According to the industry distribution chart, Affle 3i ranks #695 out of 706 companies in the Media - Diversified industry, placing it in the top 98.4%.
Is Affle 3i's Cyclically Adjusted PB Ratio too high?
Affle 3i's current Cyclically Adjusted PB Ratio of 17.07 is 26% below median its 10-year median of 23.09. Over the past 10 years, this metric has ranged from a low of 14.47 to a high of 29.24. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.96. Affle 3i's value of 17.07 is 1678.1% above this industry median. Based on the distribution chart, Affle 3i ranks #695 out of 706 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Affle 3i has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Affle 3i's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Affle 3i ranks #695 out of 706 companies for Cyclically Adjusted PB Ratio. This places Affle 3i in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Affle 3i's value of 17.07 is 1678.1% above this benchmark. Historically, Affle 3i's own Cyclically Adjusted PB Ratio has ranged from 14.47 to 29.24 over the past decade. While the company's 10-year median is 23.09 vs. the industry median of 0.96, Affle 3i 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.96, based on 706 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. Affle 3i's current Cyclically Adjusted PB Ratio of 17.07 is 1678.1% 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 Affle 3i and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affle 3i's current Cyclically Adjusted PB Ratio is 17.07, which is 26% below median its own 10-year median of 23.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affle 3i stock overvalued right now?
Based on GuruFocus' analysis, Affle 3i (NSE:AFFLE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,045.58, compared to a current price of ₹1,654.30 — trading 19.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 17.07, which is 26% below median its 10-year median of 23.09 and 1678.1% above the Media - Diversified industry median of 0.96. Affle 3i's overall GF Score™ is 91/100 with 2 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 Affle 3i (NSE:AFFLE), the current Cyclically Adjusted PB Ratio is 17.07 as of Jul. 30, 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 Affle 3i (NSE:AFFLE) Overvalued in 2026?

Based on GuruFocus' analysis, Affle 3i stock appears to be undervalued. The current stock price of ₹1,654.30 is trading 19.1% below its estimated GF Value™ of ₹2,045.58. GuruFocus considers Affle 3i to be Modestly Undervalued.

Key valuation signals for NSE:AFFLE:

  • Cyclically Adjusted PB Ratio: 17.07 (26% below median its 10-year median of 23.09)
  • GF Value™: ₹2,045.58 vs. price of ₹1,654.30 (19.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 1678.1% above the Media - Diversified median (#695 of 706)

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


Affle 3i Business Description

Other Exchanges 542752:India
Address Unitech Commercial Tower - 2, 8th floor, Sector - 45, Gurugram, HR, IND, 122003
Affle 3i Ltd Formerly Affle India Ltd is engaged in the technology business across the globe. The company is engaged in a fragmented advertising and marketing tech ecosystem by providing an end-to-end integrated mobile marketing platform. The company's AI-powered deep learning algorithms and advanced platform solutions transform ads into consumer recommendations delivering enhanced engagement. The company has single segment of 'business of providing services in advertisement and software development'. Geographically the company operates in India only.
91GF Score

Get the complete analysis for NSE:AFFLE

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

₹1,654.30
Price
₹2,045.58
GF Value