AMJ Land Holdings (NSE:AMJLAND) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:AMJLAND AMJ Land Holdings Ltd NSE:AMJLAND
84 GF Score
Price ₹38.91
GF Value ₹40.97
Valuation Fairly Valued
! 3 Warning Signs
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What is AMJ Land Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AMJ Land Holdings  (NSE:AMJLAND) 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.


AMJ Land Holdings Cyclically Adjusted PB Ratio Related Terms


AMJ Land Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AMJ Land Holdings'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.

AMJ Land Holdings Cyclically Adjusted PB Ratio Chart

AMJ Land Holdings 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 0.93 0.65

AMJ Land Holdings 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 1.08 0.00 0.65 0.00

AMJ Land Holdings Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, AMJ Land Holdings'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.


AMJ Land Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, AMJ Land Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AMJ Land Holdings's Cyclically Adjusted PB Ratio falls into.


NSE:AMJLAND
84GF Score
AMJ Land Holdings Ltd NSE:AMJLAND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AMJ Land Holdings 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.

AMJ Land Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AMJ Land Holdings'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.

AMJ Land Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 33.820 85.687 66.055
201403 40.448 91.425 74.042
201503 45.061 97.163 77.615
201603 21.824 102.518 35.627
201703 24.558 105.196 39.070
201803 24.851 109.786 37.883
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 24.620 118.202 34.858
201906 0.000 120.880 0.000
201909 24.769 123.175 33.654
201912 0.000 126.235 0.000
202003 24.892 124.705 33.406
202006 0.000 127.000 0.000
202009 25.994 130.118 33.433
202012 0.000 130.889 0.000
202103 27.943 131.771 35.489
202106 0.000 134.084 0.000
202109 32.912 135.847 40.546
202112 0.000 138.161 0.000
202203 34.452 138.822 41.534
202206 0.000 142.347 0.000
202209 35.589 144.661 41.173
202212 0.000 145.763 0.000
202303 35.535 146.865 40.493
202306 0.000 150.280 0.000
202309 40.017 151.492 44.208
202312 0.000 152.924 0.000
202403 43.646 153.035 47.731
202406 0.000 155.789 0.000
202409 55.802 157.882 59.151
202412 0.000 158.323 0.000
202503 55.404 157.552 58.852
202506 0.000 159.755 0.000
202509 62.004 162.289 63.940
202512 0.000 163.281 0.000
202603 52.100 164.272 53.078
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 AMJ Land Holdings (NSE:AMJLAND) Overvalued in 2026?

Based on GuruFocus' analysis, AMJ Land Holdings stock appears to be undervalued. The current stock price of ₹38.91 is trading 5% below its estimated GF Value™ of ₹40.97. GuruFocus considers AMJ Land Holdings to be Fairly Valued.

Key valuation signals for NSE:AMJLAND:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹40.97 vs. price of ₹38.91 (5% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


AMJ Land Holdings Business Description

Other Exchanges 500343:India
Address No. 60, Dr. V.B. Gandhi Marg, Jatia Chambers, Kalaghoda, Fort, Mumbai, MH, IND, 400001
AMJ Land Holdings Ltd is an Indian real estate development company. The company is also engaged in the business of leasing real estate, generation, wind power, and real estate development. The company operates in the business segments of Real estate business and Wind power generation. The company derives a majority of its revenue from the Real estate business division. The revenue earned by the company is generated within India.
84GF Score

Get the complete analysis for NSE:AMJLAND

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

₹38.91
Price
₹40.97
GF Value