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.
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.
Brand ConceptsNSE:BCONCEPTS -3.21%68 Cyclically Adjusted PB Ratio is 4.61 as of Aug. 12, 2026, which is 60% below its 10-year median of 11.49. GuruFocus rates NSE:BCONCEPTS with a GF Score™ of 68/100 and a GF Value™ of ₹594.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 838 Manufacturing - Apparel & Accessories companies, Brand Concepts ranks worse than 89.26% on this metric.
The historical rank and industry rank for Brand Concepts's Cyclically Adjusted PB Ratio or its related term are showing as below:
NSE:BCONCEPTS'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.53 Med: 11.49 Max: 34.24
Current: 4.71
During the past 13 years, Brand Concepts's highest Cyclically Adjusted PB Ratio was 34.24. The lowest was 4.53. And the median was 11.49.
NSE:BCONCEPTS's Cyclically Adjusted PB Ratio is ranked worse than 89.26% of 838
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98
vs NSE:BCONCEPTS: 4.71
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Brand Concepts's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹66.257. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹36.91 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Brand Concepts (NSE:BCONCEPTS) 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.
Brand Concepts Cyclically Adjusted PB Ratio Related Terms
Brand Concepts Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Brand Concepts'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.
NSE:BCONCEPTS vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison
For the Footwear & Accessories subindustry, Brand Concepts'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.
Brand Concepts Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Brand Concepts's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Brand Concepts's Cyclically Adjusted PB Ratio falls into.
Brand Concepts 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.
Brand Concepts's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 4.61 mean?
Brand Concepts (NSE:BCONCEPTS) has a Cyclically Adjusted PB Ratio of 4.61 as of Aug. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Brand Concepts and its competitors. This is 60% below median its historical median of 11.49. Over the past decade, Brand Concepts' Cyclically Adjusted PB Ratio has ranged from 4.53 to 34.24. According to the industry distribution chart, Brand Concepts ranks #748 out of 838 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.3%.
Is Brand Concepts' Cyclically Adjusted PB Ratio too high?
Brand Concepts' current Cyclically Adjusted PB Ratio of 4.61 is 60% below median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 34.24. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Brand Concepts' value of 4.61 is 370.4% above this industry median. Based on the distribution chart, Brand Concepts ranks #748 out of 838 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Brand Concepts has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brand Concepts' Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Brand Concepts ranks #748 out of 838 companies for Cyclically Adjusted PB Ratio. This places Brand Concepts in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Brand Concepts' value of 4.61 is 370.4% above this benchmark. Historically, Brand Concepts' own Cyclically Adjusted PB Ratio has ranged from 4.53 to 34.24 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 0.98, Brand Concepts has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brand Concepts's current Cyclically Adjusted PB Ratio of 4.61 is 370.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Brand Concepts and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brand Concepts's current Cyclically Adjusted PB Ratio is 4.61, which is 60% below median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brand Concepts stock overvalued right now?
Based on GuruFocus' analysis, Brand Concepts (NSE:BCONCEPTS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹594.46, compared to a current price of ₹170.13 — trading 71.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.61, which is 60% below median its 10-year median of 11.49 and 370.4% above the Manufacturing - Apparel & Accessories industry median of 0.98. Brand Concepts' overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Brand Concepts (NSE:BCONCEPTS), the current Cyclically Adjusted PB Ratio is 4.61 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Brand Concepts (NSE:BCONCEPTS) Overvalued in 2026?
Based on GuruFocus' analysis, Brand Concepts stock appears to be undervalued.
The current stock price of ₹170.13 is trading 71.4% below its estimated GF Value™ of ₹594.46.
GuruFocus considers Brand Concepts to be Possible Value Trap.
Key valuation signals for NSE:BCONCEPTS:
Cyclically Adjusted PB Ratio: 4.61 (60% below median its 10-year median of 11.49)
GF Value™: ₹594.46 vs. price of ₹170.13 (71.4% below fair value)
Industry Position: 370.4% above the Manufacturing - Apparel & Accessories median (#748 of 838)
No single metric tells the full story. See the NSE:BCONCEPTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brand Concepts Ltd is an Indian company engaged in the business of manufacturing and trading of travel bags and accessories. It offers products such as luggage trolleys, backpacks, small leather goods like belts, clutches, and wallets for both men and women, women's handbags, and lifestyle accessories from various brands Juicy Couture, Aeropostale, Sugarush, Tommy Hilfiger Travel Gear, United Colors of Benetton, etc. The company sells its products through exclusive brand outlets, retail partners, and e-commerce websites like Amazon, Myntra, Nykaa, etc. It has one reportable segment, i.e., Travel Gear and related accessories. Geographically, the company generates all of its revenue from its domestic market.
68GF Score
Get the complete analysis for NSE:BCONCEPTS
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:BCONCEPTS has been successfully added to your 
