Arvind (NSE:ARVIND) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

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.
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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:ARVIND Arvind Ltd NSE:ARVIND
74 GF Score
Price ₹536.95
GF Value ₹426.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Arvind Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arvind  (NSE:ARVIND) 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.


Arvind Cyclically Adjusted PB Ratio Related Terms


Arvind Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arvind'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.

Arvind Cyclically Adjusted PB Ratio Chart

Arvind 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 0.83 0.59 1.82 2.09 2.18

Arvind 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 1.97 0.00 2.18 0.00

Arvind Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Arvind'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.


Arvind Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arvind's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ARVIND
74GF Score
Arvind Ltd NSE:ARVIND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arvind 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.

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

For example, Arvind'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.

Arvind Quarterly Data

Book Value per Share CPI Adj_Book
201609 109.262 105.961 172.571
201612 0.000 105.196 0.000
201703 138.063 105.196 219.646
201706 0.000 107.109 0.000
201709 139.991 109.021 214.898
201712 0.000 109.404 0.000
201803 146.262 109.786 222.960
201806 0.000 111.317 0.000
201809 146.524 115.142 212.971
201812 103.744 115.142 150.791
201903 106.352 118.202 150.579
201906 0.000 120.880 0.000
201909 104.764 123.175 142.342
201912 0.000 126.235 0.000
202003 104.673 124.705 140.474
202006 0.000 127.000 0.000
202009 101.581 130.118 130.653
202012 0.000 130.889 0.000
202103 105.023 131.771 133.386
202106 0.000 134.084 0.000
202109 107.326 135.847 132.221
202112 0.000 138.161 0.000
202203 113.227 138.822 136.501
202206 0.000 142.347 0.000
202209 119.449 144.661 138.190
202212 0.000 145.763 0.000
202303 127.941 146.865 145.793
202306 0.000 150.280 0.000
202309 128.516 151.492 141.975
202312 0.000 152.924 0.000
202403 135.411 153.035 148.084
202406 0.000 155.789 0.000
202409 134.149 157.882 142.200
202412 0.000 158.323 0.000
202503 144.608 157.552 153.608
202506 0.000 159.755 0.000
202509 146.403 162.289 150.975
202512 0.000 163.281 0.000
202603 154.291 164.272 157.188
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 Arvind (NSE:ARVIND) Overvalued in 2026?

Based on GuruFocus' analysis, Arvind stock appears to be overvalued. The current stock price of ₹536.95 is trading 25.8% above its estimated GF Value™ of ₹426.78. GuruFocus considers Arvind to be Modestly Overvalued.

Key valuation signals for NSE:ARVIND:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹426.78 vs. price of ₹536.95 (25.8% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


Arvind Business Description

Other Exchanges 500101:India
Address Naroda Road, Ahmedabad, GJ, IND, 380025
Arvind Ltd is a textile company. It is engaged in manufacturing Denim, Cotton shirting, knits, and bottom weights (Khakis) fabrics, and Jeans and shirt garments. Its business segments are Textile, advanced material division, and others. The key contributor to the company's revenue is the Textiles business, which offers fabrics, garments, and fabric retail. The advanced material division segment offers human protection fabric and garments, industrial products, composites, and automotive fabrics. The company sells its products in India and the rest of the world.
74GF Score

Get the complete analysis for NSE:ARVIND

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

₹536.95
Price
₹426.78
GF Value