Akash Infra Projects (NSE:AKASH) Cyclically Adjusted PB Ratio: (As of Aug. 31, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:AKASH Akash Infra Projects Ltd NSE:AKASH
66 GF Score
Price ₹24.36
GF Value ₹49.28
Valuation Possible Value Trap
! 4 Warning Signs
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What is Akash Infra Projects Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akash Infra Projects  (NSE:AKASH) 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.


Akash Infra Projects Cyclically Adjusted PB Ratio Related Terms


Akash Infra Projects Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Akash Infra Projects'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.

Akash Infra Projects Cyclically Adjusted PB Ratio Chart

Akash Infra Projects 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 0.00 0.41

Akash Infra Projects 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 0.00 0.00 0.41 0.00

NSE:AKASH vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Akash Infra Projects'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.


Akash Infra Projects Cyclically Adjusted PB Ratio vs Construction Industry

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

* The bar in red indicates where Akash Infra Projects's Cyclically Adjusted PB Ratio falls into.


NSE:AKASH
66GF Score
Akash Infra Projects Ltd NSE:AKASH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akash Infra Projects 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.

Akash Infra Projects's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Akash Infra Projects'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.

Akash Infra Projects Quarterly Data

Book Value per Share CPI Adj_Book
201303 22.294 85.687 43.543
201403 28.363 91.425 51.920
201503 31.365 97.163 54.024
201603 31.363 102.518 51.199
201608 34.061 106.344 53.603
201703 44.766 105.196 71.219
201709 44.788 109.021 68.753
201803 45.451 109.786 69.285
201809 45.332 115.142 65.889
201812 0.000 115.142 0.000
201903 45.778 118.202 64.815
201906 0.000 120.880 0.000
201909 45.969 123.175 62.458
201912 0.000 126.235 0.000
202003 46.720 124.705 62.699
202006 0.000 127.000 0.000
202009 46.954 130.118 60.392
202012 0.000 130.889 0.000
202103 47.394 131.771 60.194
202106 0.000 134.084 0.000
202109 47.839 135.847 58.935
202112 0.000 138.161 0.000
202203 48.776 138.822 58.802
202206 0.000 142.347 0.000
202209 49.291 144.661 57.024
202212 0.000 145.763 0.000
202303 49.533 146.865 56.445
202306 0.000 150.280 0.000
202309 49.101 151.492 54.243
202312 0.000 152.924 0.000
202403 49.693 153.035 54.344
202406 0.000 155.789 0.000
202409 48.777 157.882 51.704
202412 0.000 158.323 0.000
202503 50.208 157.552 53.333
202506 0.000 159.755 0.000
202509 50.049 162.289 51.612
202512 0.000 163.281 0.000
202603 50.095 164.272 51.036
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 Akash Infra Projects (NSE:AKASH) Overvalued in 2026?

Based on GuruFocus' analysis, Akash Infra Projects stock appears to be undervalued. The current stock price of ₹24.36 is trading 50.6% below its estimated GF Value™ of ₹49.28. GuruFocus considers Akash Infra Projects to be Possible Value Trap.

Key valuation signals for NSE:AKASH:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹49.28 vs. price of ₹24.36 (50.6% below fair value)
  • GF Score™: 66/100 with 4 warning signs

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


Akash Infra Projects Business Description

Address 2, Ground Floor, Abhishek Complex, Opposite Hotel Haveli, Sector No. 11, Gandhinagar, GJ, IND, 382011
Akash Infra Projects Ltd is engaged in the civil construction of government contracts for construction, resurfacing, widening, and repairs of roads and small bridges from State Government Departments and municipal/local bodies through a tender bidding system. The group derives all of its revenue from India.
66GF Score

Get the complete analysis for NSE:AKASH

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

₹24.36
Price
₹49.28
GF Value