Brigade Enterprises (NSE:BRIGADE) Cyclically Adjusted PB Ratio: 4.41 (As of Jul. 30, 2026) — Near Median

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NSE:BRIGADE Brigade Enterprises Ltd NSE:BRIGADE
85 GF Score
Price ₹565.10
GF Value ₹880.04
Valuation Possible Value Trap
! 5 Warning Signs
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What is Brigade Enterprises Cyclically Adjusted PB Ratio?

Brigade Enterprises NSE:BRIGADE +0.15% 85 Cyclically Adjusted PB Ratio is 4.41 as of Jul. 30, 2026, which is 5% below its 10-year median of 4.62. GuruFocus rates NSE:BRIGADE with a GF Score™ of 85/100 and a GF Value™ of ₹880.04 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,418 Real Estate companies, Brigade Enterprises ranks worse than 94.71% on this metric.

As of today (2026-07-30), Brigade Enterprises's current share price is ₹565.10. Brigade Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹128.27. Brigade Enterprises's Cyclically Adjusted PB Ratio for today is 4.41.

The historical rank and industry rank for Brigade Enterprises's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:BRIGADE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.25   Med: 4.62   Max: 10
Current: 4.36

During the past years, Brigade Enterprises's highest Cyclically Adjusted PB Ratio was 10.00. The lowest was 3.25. And the median was 4.62.

NSE:BRIGADE's Cyclically Adjusted PB Ratio is ranked worse than
94.71% of 1418 companies
in the Real Estate industry
Industry Median: 0.69 vs NSE:BRIGADE: 4.36

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.

Brigade Enterprises's adjusted book value per share data for the three months ended in Mar. 2026 was ₹209.129. 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 ₹128.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brigade Enterprises  (NSE:BRIGADE) 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.


Brigade Enterprises Cyclically Adjusted PB Ratio Related Terms


Brigade Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brigade Enterprises'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.

Brigade Enterprises Cyclically Adjusted PB Ratio Chart

Brigade Enterprises 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 4.13 3.60 6.72 6.46 3.80

Brigade Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.46 0.00 5.52 0.00 3.80

Brigade Enterprises Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Brigade Enterprises'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.


Brigade Enterprises Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


NSE:BRIGADE
85GF Score
Brigade Enterprises Ltd NSE:BRIGADE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brigade Enterprises 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.

Brigade Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=565.10/128.27
=4.41

* 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.

Brigade Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Brigade Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=209.129/164.2724*164.2724
=209.129

Current CPI (Mar. 2026) = 164.2724.

Brigade Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 69.611 105.961 107.919
201612 0.000 105.196 0.000
201703 74.558 105.196 116.429
201706 0.000 107.109 0.000
201709 81.710 109.021 123.120
201712 0.000 109.404 0.000
201803 84.036 109.786 125.742
201806 0.000 111.317 0.000
201809 72.756 115.142 103.801
201812 0.000 115.142 0.000
201903 79.699 118.202 110.762
201906 0.000 120.880 0.000
201909 83.345 123.175 111.153
201912 0.000 126.235 0.000
202003 83.709 124.705 110.269
202006 0.000 127.000 0.000
202009 80.642 130.118 101.810
202012 0.000 130.889 0.000
202103 83.482 131.771 104.073
202106 0.000 134.084 0.000
202109 91.024 135.847 110.070
202112 0.000 138.161 0.000
202203 94.781 138.822 112.157
202206 0.000 142.347 0.000
202209 99.944 144.661 113.493
202212 0.000 145.763 0.000
202303 105.480 146.865 117.983
202306 0.000 150.280 0.000
202309 109.883 151.492 119.153
202312 0.000 152.924 0.000
202403 114.112 153.035 122.492
202406 0.000 155.789 0.000
202409 158.219 157.882 164.623
202412 0.000 158.323 0.000
202503 173.047 157.552 180.429
202506 0.000 159.755 0.000
202509 198.844 162.289 201.274
202512 0.000 163.281 0.000
202603 209.129 164.272 209.129

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.

What does a Cyclically Adjusted PB Ratio of 4.41 mean?
Brigade Enterprises (NSE:BRIGADE) has a Cyclically Adjusted PB Ratio of 4.41 as of Jul. 30, 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 Brigade Enterprises and its competitors. This is near median its historical median of 4.62. Over the past decade, Brigade Enterprises' Cyclically Adjusted PB Ratio has ranged from 3.25 to 10.00. According to the industry distribution chart, Brigade Enterprises ranks #1343 out of 1418 companies in the Real Estate industry, placing it in the top 94.7%.
Is Brigade Enterprises' Cyclically Adjusted PB Ratio too high?
Brigade Enterprises' current Cyclically Adjusted PB Ratio of 4.41 is near median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 10.00. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Brigade Enterprises' value of 4.41 is 539.1% above this industry median. Based on the distribution chart, Brigade Enterprises ranks #1343 out of 1418 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Brigade Enterprises has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brigade Enterprises' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Brigade Enterprises ranks #1343 out of 1418 companies for Cyclically Adjusted PB Ratio. This places Brigade Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Brigade Enterprises' value of 4.41 is 539.1% above this benchmark. Historically, Brigade Enterprises' own Cyclically Adjusted PB Ratio has ranged from 3.25 to 10.00 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 0.69, Brigade Enterprises 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,418 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. Brigade Enterprises's current Cyclically Adjusted PB Ratio of 4.41 is 539.1% 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 Brigade Enterprises and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brigade Enterprises's current Cyclically Adjusted PB Ratio is 4.41, which is near median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brigade Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Brigade Enterprises (NSE:BRIGADE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹880.04, compared to a current price of ₹565.10 — trading 35.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.41, which is near median its 10-year median of 4.62 and 539.1% above the Real Estate industry median of 0.69. Brigade Enterprises' overall GF Score™ is 85/100 with 5 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 Brigade Enterprises (NSE:BRIGADE), the current Cyclically Adjusted PB Ratio is 4.41 as of Jul. 30, 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 Brigade Enterprises (NSE:BRIGADE) Overvalued in 2026?

Based on GuruFocus' analysis, Brigade Enterprises stock appears to be undervalued. The current stock price of ₹565.10 is trading 35.8% below its estimated GF Value™ of ₹880.04. GuruFocus considers Brigade Enterprises to be Possible Value Trap.

Key valuation signals for NSE:BRIGADE:

  • Cyclically Adjusted PB Ratio: 4.41 (near median its 10-year median of 4.62)
  • GF Value™: ₹880.04 vs. price of ₹565.10 (35.8% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 539.1% above the Real Estate median (#1343 of 1418)

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


Brigade Enterprises Business Description

Other Exchanges 532929:India
Address 26/1, Dr. Rajkumar Road, Brigade Gateway Campus, 29th & 30th Floor, World Trade Center, Malleswaram-Rajajinagar, Bangalore, KA, IND, 560055
Brigade Enterprises Ltd is a property development company. The company's operating segments include Real Estate, Hospitality, and Leasing. The Real Estate segment which generates maximum revenue, specializes in the development of residential and commercial projects on a sale basis. The company's portfolio includes villas, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors, mixed-use lifestyle enclaves, and townships.
85GF Score

Get the complete analysis for NSE:BRIGADE

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

₹565.10
Price
₹880.04
GF Value