Avio Smart Market Stack (NSE:ASMS) Cyclically Adjusted PB Ratio: (As of Sep. 08, 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.
Reviewed by: Charlie Tian Charlie Tian
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:ASMS Avio Smart Market Stack Ltd NSE:ASMS
49 GF Score
Price ₹6.92
GF Value ₹36.90
Valuation Possible Value Trap
! 3 Warning Signs
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What is Avio Smart Market Stack Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avio Smart Market Stack  (NSE:ASMS) 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.


Avio Smart Market Stack Cyclically Adjusted PB Ratio Related Terms


Avio Smart Market Stack Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Avio Smart Market Stack'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.

Avio Smart Market Stack Cyclically Adjusted PB Ratio Chart

Avio Smart Market Stack 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 0.07

Avio Smart Market Stack 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 0.13 0.00 0.07 0.00

NSE:ASMS vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Avio Smart Market Stack'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.


Avio Smart Market Stack Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Avio Smart Market Stack's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Avio Smart Market Stack's Cyclically Adjusted PB Ratio falls into.


NSE:ASMS
49GF Score
Avio Smart Market Stack Ltd NSE:ASMS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avio Smart Market Stack 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.

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

For example, Avio Smart Market Stack'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.

Avio Smart Market Stack Quarterly Data

Book Value per Share CPI Adj_Book
200903 107.567 56.615 317.977
201003 150.633 65.030 387.658
201103 173.887 70.768 411.219
201503 76.845 97.163 132.361
201603 70.064 102.518 114.377
201703 57.919 105.196 92.144
201803 52.804 109.786 80.494
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 46.763 118.202 66.210
201906 0.000 120.880 0.000
201909 42.791 123.175 58.140
201912 0.000 126.235 0.000
202003 43.554 124.705 58.451
202006 0.000 127.000 0.000
202009 35.421 130.118 45.558
202012 0.000 130.889 0.000
202103 27.533 131.771 34.969
202106 0.000 134.084 0.000
202109 22.356 135.847 27.542
202112 0.000 138.161 0.000
202203 19.521 138.822 23.534
202206 0.000 142.347 0.000
202209 26.687 144.661 30.874
202212 0.000 145.763 0.000
202303 0.834 146.865 0.950
202306 0.000 150.280 0.000
202309 0.817 151.492 0.903
202312 0.000 152.924 0.000
202403 0.870 153.035 0.951
202406 0.000 155.789 0.000
202409 0.903 157.882 0.957
202412 0.000 158.323 0.000
202503 0.928 157.552 0.986
202506 0.000 159.755 0.000
202509 0.975 162.289 1.005
202512 0.000 163.281 0.000
202603 1.122 164.272 1.143
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 Avio Smart Market Stack (NSE:ASMS) Overvalued in 2026?

Based on GuruFocus' analysis, Avio Smart Market Stack stock appears to be undervalued. The current stock price of ₹6.92 is trading 81.2% below its estimated GF Value™ of ₹36.90. GuruFocus considers Avio Smart Market Stack to be Possible Value Trap.

Key valuation signals for NSE:ASMS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹36.90 vs. price of ₹6.92 (81.2% below fair value)
  • GF Score™: 49/100 with 3 warning signs

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


Avio Smart Market Stack Business Description

Other Exchanges 532694:India
Address Survey No. 48, Plot No.196, 4th Floor, Trendz Atria House No. 3-196/NR, Guttala Begumpet Village, Kavuri Hills, Madhapur, Serilingampally Mandal, Ranga Reddy District, Hyderabad, TG, IND, 500081
Avio Smart Market Stack Ltd is engaged in building unified rural operating system - integrating financial inclusion, agriculture, rural commerce, climate solutions, and healthcare to digitally empower farmers and underserved communities across the country.
49GF Score

Get the complete analysis for NSE:ASMS

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

₹6.92
Price
₹36.90
GF Value