C & C Constructions (NSE:CANDC) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

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What is C & C Constructions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


C & C Constructions  (NSE:CANDC) 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.


C & C Constructions Cyclically Adjusted PB Ratio Related Terms


C & C Constructions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for C & C Constructions'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.

C & C Constructions Cyclically Adjusted PB Ratio Chart

C & C Constructions Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
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C & C Constructions Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar20 Mar21 Mar22 Mar23 Mar24 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 0.00 0.00 0.00 0.00 0.00

C & C Constructions Cyclically Adjusted PB Ratio Competitor Comparison

For the Engineering & Construction subindustry, C & C Constructions'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.


C & C Constructions Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, C & C Constructions's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C & C Constructions's Cyclically Adjusted PB Ratio falls into.



C & C Constructions 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.

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

For example, C & C Constructions'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)
=-825.543/164.2724*164.2724
=-825.543

Current CPI (Mar. 2026) = 164.2724.

C & C Constructions Quarterly Data

Book Value per Share CPI Adj_Book
201106 263.626 72.298 598.996
201112 0.000 75.359 0.000
201203 0.000 76.889 0.000
201206 195.615 79.567 403.865
201209 0.000 82.244 0.000
201212 143.714 83.774 281.808
201303 0.000 85.687 0.000
201306 118.369 88.365 220.051
201309 0.000 91.042 0.000
201312 77.503 91.425 139.258
201403 0.000 91.425 0.000
201406 93.373 94.103 162.999
201409 0.000 96.780 0.000
201412 58.115 96.780 98.643
201503 0.000 97.163 0.000
201506 26.655 99.841 43.857
201509 0.000 101.753 0.000
201512 9.945 102.901 15.876
201603 -13.815 102.518 -22.137
201606 0.000 105.961 0.000
201609 -2.634 105.961 -4.084
201612 0.000 105.196 0.000
201703 -8.144 105.196 -12.718
201706 0.000 107.109 0.000
201709 2.873 109.021 4.329
201712 0.000 109.404 0.000
201803 -5.202 109.786 -7.784
201806 0.000 111.317 0.000
201809 -1.057 115.142 -1.508
201812 0.000 115.142 0.000
202003 -791.832 124.705 -1,043.070
202103 -791.491 131.771 -986.716
202203 -790.720 138.822 -935.685
202303 -803.808 146.865 -899.083
202403 -804.883 153.035 -863.989
202503 -814.228 157.552 -848.961
202506 0.000 159.755 0.000
202509 -815.874 162.289 -825.844
202512 0.000 163.281 0.000
202603 -825.543 164.272 -825.543

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.


C & C Constructions Business Description

Address Plot No. 70, Sector 32, Gurgaon, HR, IND, 122001
C & C Constructions Ltd is involved in the construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels, and subways. The company offers its services in roads and highways; power/telecom transmission towers; commercial buildings; water supply and sanitation, sewerage; rail infrastructure, and urban infrastructure. It is involved in road and highway projects, such as state and national highways, city roads, bridges and culverts, highway safety systems, and operation and maintenance; telecom and transmission projects, such as optical fiber cable etc. It is also engaged in rail infrastructure projects and development of commercial buildings.