Ahlada Engineers (NSE:AHLADA) Cyclically Adjusted PB Ratio: 0.37 (As of Sep. 08, 2026) — 70% Below Median

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NSE:AHLADA Ahlada Engineers Ltd NSE:AHLADA
69 GF Score
Price ₹36.30
GF Value ₹43.11
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ahlada Engineers Cyclically Adjusted PB Ratio?

Ahlada Engineers NSE:AHLADA -1.36% 69 Cyclically Adjusted PB Ratio is 0.37 as of Sep. 08, 2026, which is 70% below its 10-year median of 1.24. GuruFocus rates NSE:AHLADA with a GF Score™ of 69/100 and a GF Value™ of ₹43.11 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,240 Construction companies, Ahlada Engineers ranks better than 83.39% on this metric.

As of today (2026-09-08), Ahlada Engineers's current share price is ₹36.30. Ahlada Engineers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹97.47. Ahlada Engineers's Cyclically Adjusted PB Ratio for today is 0.37.

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

NSE:AHLADA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.24   Max: 2.31
Current: 0.38

During the past 13 years, Ahlada Engineers's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.36. And the median was 1.24.

NSE:AHLADA's Cyclically Adjusted PB Ratio is ranked better than
83.39% of 1240 companies
in the Construction industry
Industry Median: 1.16 vs NSE:AHLADA: 0.38

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.

Ahlada Engineers's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹106.226. 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 ₹97.47 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ahlada Engineers  (NSE:AHLADA) 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.


Ahlada Engineers Cyclically Adjusted PB Ratio Related Terms


Ahlada Engineers Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ahlada Engineers'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.

Ahlada Engineers Cyclically Adjusted PB Ratio Chart

Ahlada Engineers 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 1.30 1.44 0.62 0.33

Ahlada Engineers Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.44 0.00 0.62 0.00 0.33

NSE:AHLADA vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Ahlada Engineers'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.


Ahlada Engineers Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ahlada Engineers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ahlada Engineers's Cyclically Adjusted PB Ratio falls into.


NSE:AHLADA
69GF Score
Ahlada Engineers Ltd NSE:AHLADA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ahlada Engineers 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.

Ahlada Engineers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.30/97.47
=0.37

* 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.

Ahlada Engineers's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Ahlada Engineers'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)
=106.226/164.2724*164.2724
=106.226

Current CPI (Mar26) = 164.2724.

Ahlada Engineers Annual Data

Book Value per Share CPI Adj_Book
201703 21.970 105.196 34.308
201803 28.231 109.786 42.242
201903 84.439 118.202 117.350
202003 85.323 124.705 112.395
202103 92.104 131.771 114.822
202203 94.715 138.822 112.079
202303 97.257 146.865 108.785
202403 106.420 153.035 114.235
202503 107.688 157.552 112.282
202603 106.226 164.272 106.226

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 0.37 mean?
Ahlada Engineers (NSE:AHLADA) has a Cyclically Adjusted PB Ratio of 0.37 as of Sep. 08, 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 Ahlada Engineers and its competitors. This is 70% below median its historical median of 1.24. Over the past decade, Ahlada Engineers' Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.31. According to the industry distribution chart, Ahlada Engineers ranks #206 out of 1240 companies in the Construction industry, placing it in the top 16.6%.
Is Ahlada Engineers' Cyclically Adjusted PB Ratio too high?
Ahlada Engineers' current Cyclically Adjusted PB Ratio of 0.37 is 70% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.31. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Ahlada Engineers' value of 0.37 is 68.1% below this industry median. Based on the distribution chart, Ahlada Engineers ranks #206 out of 1240 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ahlada Engineers has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ahlada Engineers' Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Ahlada Engineers ranks #206 out of 1240 companies for Cyclically Adjusted PB Ratio. This places Ahlada Engineers in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. Ahlada Engineers' value of 0.37 is 68.1% below this benchmark. Historically, Ahlada Engineers' own Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.31 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.16, Ahlada Engineers 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,240 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. Ahlada Engineers's current Cyclically Adjusted PB Ratio of 0.37 is 68.1% 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 Ahlada Engineers and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahlada Engineers's current Cyclically Adjusted PB Ratio is 0.37, which is 70% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahlada Engineers stock overvalued right now?
Based on GuruFocus' analysis, Ahlada Engineers (NSE:AHLADA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹43.11, compared to a current price of ₹36.30 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 70% below median its 10-year median of 1.24 and 68.1% below the Construction industry median of 1.16. Ahlada Engineers' overall GF Score™ is 69/100 with 7 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 Ahlada Engineers (NSE:AHLADA), the current Cyclically Adjusted PB Ratio is 0.37 as of Sep. 08, 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 Ahlada Engineers (NSE:AHLADA) Overvalued in 2026?

Based on GuruFocus' analysis, Ahlada Engineers stock appears to be undervalued. The current stock price of ₹36.30 is trading 15.8% below its estimated GF Value™ of ₹43.11. GuruFocus considers Ahlada Engineers to be Modestly Undervalued.

Key valuation signals for NSE:AHLADA:

  • Cyclically Adjusted PB Ratio: 0.37 (70% below median its 10-year median of 1.24)
  • GF Value™: ₹43.11 vs. price of ₹36.30 (15.8% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 68.1% below the Construction median (#206 of 1240)

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


Ahlada Engineers Business Description

Address Tech Mahindra Road, Door No 4-56, Survey No. 62/1/A & 67, Dundigal Gandimaisamma Mandal, Medchal-Malkajgiri District, Bahadurpally, Hyderabad, TG, IND, 500043
Ahlada Engineers Ltd is engaged in the manufacturing of residential and commercial steel doors and windows in India. Its product offerings include residential steel doors, shutters, panels, residential steel windows, commercial steel doors, drinking water systems, school furniture, and allied products. The company's sole operating segment is Steel Products, and the sole geographical segment is India.
69GF Score

Get the complete analysis for NSE:AHLADA

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

₹36.30
Price
₹43.11
GF Value