Captain Polyplast (NSE:CPL) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:CPL Captain Polyplast Ltd NSE:CPL
72 GF Score
Price ₹69.84
GF Value ₹92.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Captain Polyplast 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


Captain Polyplast  (NSE:CPL) 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.


Captain Polyplast Cyclically Adjusted PB Ratio Related Terms


Captain Polyplast Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Captain Polyplast'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.

Captain Polyplast Cyclically Adjusted PB Ratio Chart

Captain Polyplast 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 0.00 0.00 0.00 6.09 3.37

Captain Polyplast 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 6.09 0.00 4.48 0.00 3.37

NSE:CPL vs : Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Captain Polyplast'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.


Captain Polyplast Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Captain Polyplast's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:CPL
72GF Score
Captain Polyplast Ltd NSE:CPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Captain Polyplast 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.

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

For example, Captain Polyplast'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)
=32.157/330.2130*330.2130
=32.157

Current CPI (Mar. 2026) = 330.2130.

Captain Polyplast Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 5.311 241.428 7.264
201612 0.000 241.432 0.000
201703 5.764 243.801 7.807
201706 0.000 244.955 0.000
201709 6.057 246.819 8.104
201712 0.000 246.524 0.000
201803 6.663 249.554 8.817
201806 0.000 251.989 0.000
201809 6.904 252.439 9.031
201812 0.000 251.233 0.000
201903 7.687 254.202 9.986
201906 0.000 256.143 0.000
201909 9.003 256.759 11.579
201912 0.000 256.974 0.000
202003 10.521 258.115 13.460
202006 0.000 257.797 0.000
202009 11.480 260.280 14.564
202012 0.000 260.474 0.000
202103 12.319 264.877 15.358
202106 0.000 271.696 0.000
202109 12.519 274.310 15.070
202112 0.000 278.802 0.000
202203 13.145 287.504 15.098
202206 0.000 296.311 0.000
202209 13.231 296.808 14.720
202212 0.000 296.797 0.000
202303 12.043 301.836 13.175
202306 0.000 305.109 0.000
202309 16.041 307.789 17.210
202312 0.000 306.746 0.000
202403 15.360 312.332 16.239
202406 0.000 314.175 0.000
202409 21.133 315.301 22.132
202412 0.000 315.605 0.000
202503 26.276 319.799 27.132
202506 0.000 322.561 0.000
202509 28.575 324.800 29.051
202512 0.000 324.054 0.000
202603 32.157 330.213 32.157

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 Captain Polyplast (NSE:CPL) Overvalued in 2026?

Based on GuruFocus' analysis, Captain Polyplast stock appears to be undervalued. The current stock price of ₹69.84 is trading 24.4% below its estimated GF Value™ of ₹92.41. GuruFocus considers Captain Polyplast to be Modestly Undervalued.

Key valuation signals for NSE:CPL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹92.41 vs. price of ₹69.84 (24.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs

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


Captain Polyplast Business Description

Comparable Companies
Other Exchanges 536974:India
Address Survey No. 267, Plot No. 10A, 10B and 11, N.H. No.27, Captain Gate, Shapar - Veraval, Rajkot, GJ, IND, 360 024
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation equipment, including drip irrigation systems, irrigation laterals, valves, irrigation filters, sprinkler irrigation systems, mini sprinkler irrigation systems, greenhouses, and mulch films. The majority of the revenue is from the Manufacturing of Micro Irrigation Systems & Allied Products segment.
72GF Score

Get the complete analysis for NSE:CPL

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

₹69.84
Price
₹92.41
GF Value