Astra Microwave Products (NSE:ASTRAMICRO) Cyclically Adjusted PB Ratio: (As of Aug. 31, 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:ASTRAMICRO Astra Microwave Products Ltd NSE:ASTRAMICRO
73 GF Score
Price ₹1,706.60
GF Value ₹1,021.22
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Astra Microwave Products Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Astra Microwave Products  (NSE:ASTRAMICRO) 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.


Astra Microwave Products Cyclically Adjusted PB Ratio Related Terms


Astra Microwave Products Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Astra Microwave Products'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.

Astra Microwave Products Cyclically Adjusted PB Ratio Chart

Astra Microwave Products 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 4.32 3.69 8.36 8.58 9.39

Astra Microwave Products 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 11.57 0.00 9.39 0.00

NSE:ASTRAMICRO vs CSCO, MSI, LITE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Astra Microwave Products'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.


Astra Microwave Products Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Astra Microwave Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:ASTRAMICRO
73GF Score
Astra Microwave Products Ltd NSE:ASTRAMICRO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astra Microwave Products 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.

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

For example, Astra Microwave Products'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.

Astra Microwave Products Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 35.664 97.163 61.429
201506 0.000 99.841 0.000
201603 46.765 102.518 76.342
201703 51.950 105.196 82.648
201803 57.848 109.786 88.183
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 57.678 118.202 81.664
201906 0.000 120.880 0.000
201909 58.681 123.175 79.730
201912 0.000 126.235 0.000
202003 62.364 124.705 83.694
202006 0.000 127.000 0.000
202009 60.236 130.118 77.475
202012 0.000 130.889 0.000
202103 64.507 131.771 81.928
202106 0.000 134.084 0.000
202109 65.180 135.847 80.299
202112 0.000 138.161 0.000
202203 67.610 138.822 81.508
202206 0.000 142.347 0.000
202209 69.621 144.661 80.544
202212 0.000 145.763 0.000
202303 74.196 146.865 84.549
202306 0.000 150.280 0.000
202309 91.578 151.492 101.169
202312 0.000 152.924 0.000
202403 101.763 153.035 111.287
202406 0.000 155.789 0.000
202409 103.280 157.882 109.478
202412 0.000 158.323 0.000
202503 115.696 157.552 122.897
202506 0.000 159.755 0.000
202509 122.450 162.289 126.274
202512 0.000 163.281 0.000
202603 138.456 164.272 141.056
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 Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?

Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued. The current stock price of ₹1,706.60 is trading 67.1% above its estimated GF Value™ of ₹1,021.22. GuruFocus considers Astra Microwave Products to be Significantly Overvalued.

Key valuation signals for NSE:ASTRAMICRO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,021.22 vs. price of ₹1,706.60 (67.1% above fair value)
  • GF Score™: 73/100 with 8 warning signs

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


Astra Microwave Products Business Description

Other Exchanges 532493:India
Address Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.
73GF Score

Get the complete analysis for NSE:ASTRAMICRO

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

₹1,706.60
Price
₹1,021.22
GF Value