Bhilwara Technical Textiles (NSE:BTTL) Cyclically Adjusted PB Ratio: (As of Aug. 13, 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.
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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:BTTL Bhilwara Technical Textiles Ltd NSE:BTTL
49 GF Score
Price ₹43.94
GF Value ₹98.85
Valuation Possible Value Trap
! 2 Warning Signs
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What is Bhilwara Technical Textiles 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


Bhilwara Technical Textiles  (NSE:BTTL) 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.


Bhilwara Technical Textiles Cyclically Adjusted PB Ratio Related Terms


Bhilwara Technical Textiles Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bhilwara Technical Textiles'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.

Bhilwara Technical Textiles Cyclically Adjusted PB Ratio Chart

Bhilwara Technical Textiles 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 1.03 0.58 1.66 1.51 1.09

Bhilwara Technical Textiles 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 1.51 0.00 1.49 0.00 1.09

Bhilwara Technical Textiles Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Bhilwara Technical Textiles'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.


Bhilwara Technical Textiles Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhilwara Technical Textiles's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bhilwara Technical Textiles's Cyclically Adjusted PB Ratio falls into.


NSE:BTTL
49GF Score
Bhilwara Technical Textiles Ltd NSE:BTTL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bhilwara Technical Textiles 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.

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

For example, Bhilwara Technical Textiles'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)
=27.604/330.2130*330.2130
=27.604

Current CPI (Mar. 2026) = 330.2130.

Bhilwara Technical Textiles Quarterly Data

Book Value per Share CPI Adj_Book
201509 2.637 237.945 3.660
201512 0.000 236.525 0.000
201603 19.223 238.132 26.656
201606 0.000 241.018 0.000
201703 19.509 243.801 26.424
201706 0.000 244.955 0.000
201712 0.000 246.524 0.000
201803 21.063 249.554 27.871
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 22.996 254.202 29.872
201906 0.000 256.143 0.000
201909 23.854 256.759 30.678
201912 0.000 256.974 0.000
202003 22.291 258.115 28.517
202006 0.000 257.797 0.000
202009 21.956 260.280 27.855
202012 0.000 260.474 0.000
202103 23.749 264.877 29.607
202106 0.000 271.696 0.000
202109 26.135 274.310 31.461
202112 0.000 278.802 0.000
202203 26.755 287.504 30.729
202206 0.000 296.311 0.000
202209 26.791 296.808 29.806
202212 0.000 296.797 0.000
202303 26.037 301.836 28.485
202306 0.000 305.109 0.000
202309 27.638 307.789 29.652
202312 0.000 306.746 0.000
202403 28.263 312.332 29.881
202406 0.000 314.175 0.000
202409 29.650 315.301 31.052
202412 0.000 315.605 0.000
202503 29.581 319.799 30.544
202506 0.000 322.561 0.000
202509 28.846 324.800 29.327
202512 0.000 324.054 0.000
202603 27.604 330.213 27.604

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 Bhilwara Technical Textiles (NSE:BTTL) Overvalued in 2026?

Based on GuruFocus' analysis, Bhilwara Technical Textiles stock appears to be undervalued. The current stock price of ₹43.94 is trading 55.5% below its estimated GF Value™ of ₹98.85. GuruFocus considers Bhilwara Technical Textiles to be Possible Value Trap.

Key valuation signals for NSE:BTTL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹98.85 vs. price of ₹43.94 (55.5% below fair value)
  • GF Score™: 49/100 with 2 warning signs

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


Bhilwara Technical Textiles Business Description

Other Exchanges 533108:India
Address Bhilwara Towers, A-12, Sector-1, Noida, UP, IND, 201301
Bhilwara Technical Textiles Ltd is engaged in the business of trading yarns. The main objective of the company is to carry on the business of the manufacturer, producer, dealer, importer, exporter, buyer, seller, and dealer in and as broker, agent, stockist, distributor, and supplier of all kinds of automotive and home furnishing fabrics, made-ups, apparels, and other products, goods, nylon, articles and are made from or with cotton, silk, polyester, acrylic and other kinds of fiber.
49GF Score

Get the complete analysis for NSE:BTTL

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

₹43.94
Price
₹98.85
GF Value