Ashiana Housing (NSE:ASHIANA) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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:ASHIANA Ashiana Housing Ltd NSE:ASHIANA
77 GF Score
Price ₹405.55
GF Value ₹421.51
Valuation Fairly Valued
! 2 Warning Signs
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What is Ashiana Housing Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashiana Housing  (NSE:ASHIANA) 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.


Ashiana Housing Cyclically Adjusted PB Ratio Related Terms


Ashiana Housing Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ashiana Housing'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.

Ashiana Housing Cyclically Adjusted PB Ratio Chart

Ashiana Housing 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 1.80 2.04 3.08 3.23 3.00

Ashiana Housing 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 3.84 3.28 3.14 3.04 4.23

Ashiana Housing Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ashiana Housing'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.


Ashiana Housing Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


NSE:ASHIANA
77GF Score
Ashiana Housing Ltd NSE:ASHIANA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashiana Housing 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.

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

For example, Ashiana Housing'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)
=86.856/167.3573*167.3573
=86.856

Current CPI (Jun. 2026) = 167.3573.

Ashiana Housing Quarterly Data

Book Value per Share CPI Adj_Book
201609 65.232 105.961 103.029
201612 66.789 105.196 106.255
201703 70.609 105.196 112.333
201706 107.109 0.000
201709 73.780 109.021 113.259
201712 73.094 109.404 111.813
201803 74.823 109.786 114.059
201806 76.467 111.317 114.963
201809 76.428 115.142 111.087
201812 76.999 115.142 111.917
201903 76.386 118.202 108.152
201906 75.911 120.880 105.098
201909 74.724 123.175 101.527
201912 74.100 126.235 98.239
202003 73.256 124.705 98.311
202006 73.032 127.000 96.239
202009 72.561 130.118 93.328
202012 73.863 130.889 94.443
202103 73.356 131.771 93.167
202106 72.756 134.084 90.810
202109 71.733 135.847 88.372
202112 71.411 138.161 86.502
202203 71.914 138.822 86.696
202206 72.918 142.347 85.729
202209 72.290 144.661 83.632
202212 73.197 145.763 84.041
202303 74.224 146.865 84.581
202306 75.318 150.280 83.877
202309 71.292 151.492 78.758
202312 74.882 152.924 81.949
202403 76.618 153.035 83.789
202406 76.109 155.789 81.761
202409 75.302 157.882 79.821
202412 74.921 158.323 79.196
202503 75.994 157.552 80.724
202506 77.313 159.755 80.992
202509 78.629 162.289 81.084
202512 84.288 163.281 86.392
202603 85.498 164.272 87.104
202606 86.856 167.357 86.856

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 Ashiana Housing (NSE:ASHIANA) Overvalued in 2026?

Based on GuruFocus' analysis, Ashiana Housing stock appears to be undervalued. The current stock price of ₹405.55 is trading 3.8% below its estimated GF Value™ of ₹421.51. GuruFocus considers Ashiana Housing to be Fairly Valued.

Key valuation signals for NSE:ASHIANA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹421.51 vs. price of ₹405.55 (3.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Ashiana Housing Business Description

Other Exchanges 523716:India
Address Unit 304, Southern Park, Saket District Centre, Saket, New Delhi, IND, 110 017
Ashiana Housing Ltd is a real estate developer focused on senior living homes, residential properties, and integrated housing solutions across India. The company's projects span multiple locations including Bhiwadi, Chennai, Jaipur, Pune, Lavasa, and recently, it is expanding into Mumbai and Bangalore. Its revenue generation majorly comes from the sale of senior living units and residential properties. The company plans prominent investment in senior living developments, emphasizing long-term community engagement and support.
77GF Score

Get the complete analysis for NSE:ASHIANA

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

₹405.55
Price
₹421.51
GF Value