Asian Star Co (NSE:ASTAR) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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NSE:ASTAR Asian Star Co Ltd NSE:ASTAR
54 GF Score
Price ₹585.00
GF Value ₹621.21
Valuation Fairly Valued
! 5 Warning Signs
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What is Asian Star Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Star Co  (NSE:ASTAR) 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.


Asian Star Co Cyclically Adjusted PB Ratio Related Terms


Asian Star Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asian Star Co'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.

Asian Star Co Cyclically Adjusted PB Ratio Chart

Asian Star Co 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 1.09 0.92 0.92 0.83 0.64

Asian Star Co 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 0.80 0.00 0.64 0.00

NSE:ASTAR vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Asian Star Co'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.


Asian Star Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asian Star Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ASTAR
54GF Score
Asian Star Co Ltd NSE:ASTAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Star Co 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.

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

For example, Asian Star Co'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Asian Star Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 509.817 241.428 705.197
201612 0.000 241.432 0.000
201703 526.549 243.801 721.253
201706 0.000 244.955 0.000
201709 550.448 246.819 744.769
201712 0.000 246.524 0.000
201803 593.800 249.554 794.620
201806 0.000 251.989 0.000
201809 649.441 252.439 859.147
201812 0.000 251.233 0.000
201903 671.874 254.202 882.659
201906 0.000 256.143 0.000
201909 698.927 256.759 909.055
201912 0.000 256.974 0.000
202003 727.689 258.115 941.492
202006 0.000 257.797 0.000
202009 729.970 260.280 936.587
202012 0.000 260.474 0.000
202103 758.254 264.877 955.993
202106 0.000 271.696 0.000
202109 789.525 274.310 961.188
202112 0.000 278.802 0.000
202203 821.676 287.504 954.423
202206 0.000 296.311 0.000
202209 873.117 296.808 982.383
202212 0.000 296.797 0.000
202303 896.719 301.836 992.132
202306 0.000 305.109 0.000
202309 920.287 307.789 998.514
202312 0.000 306.746 0.000
202403 945.035 312.332 1,010.451
202406 0.000 314.175 0.000
202409 965.414 315.301 1,022.521
202412 0.000 315.605 0.000
202503 978.466 319.799 1,021.769
202506 0.000 322.561 0.000
202509 1,004.979 324.800 1,033.297
202512 0.000 324.054 0.000
202603 1,035.596 330.213 1,047.322
202606 0.000 333.952 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 Asian Star Co (NSE:ASTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Star Co stock appears to be undervalued. The current stock price of ₹585.00 is trading 5.8% below its estimated GF Value™ of ₹621.21. GuruFocus considers Asian Star Co to be Fairly Valued.

Key valuation signals for NSE:ASTAR:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹621.21 vs. price of ₹585.00 (5.8% below fair value)
  • GF Score™: 54/100 with 5 warning signs

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


Asian Star Co Business Description

Other Exchanges 531847:India
Address 114 - C, Mittal Court, Nariman Point, Mumbai, MH, IND, 400 021
Asian Star Co Ltd is engaged in the business of diamond cutting and polishing, jewellery manufacturing. The Company is also engaged in generation of electricity through wind power in India. The Company reportable in two business segments namely Diamonds and Jewellery. It generates the maximum amount of revenue from the sales of Polished Diamonds.
54GF Score

Get the complete analysis for NSE:ASTAR

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

₹585.00
Price
₹621.21
GF Value