Cyient (NSE:CYIENT) Cyclically Adjusted PB Ratio: (As of Aug. 09, 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:CYIENT Cyient Ltd NSE:CYIENT
84 GF Score
Price ₹857.50
GF Value ₹1,488.52
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Cyient Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cyient  (NSE:CYIENT) 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.


Cyient Cyclically Adjusted PB Ratio Related Terms


Cyient Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cyient'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.

Cyient Cyclically Adjusted PB Ratio Chart

Cyient 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 3.79 3.74 6.84 3.94 2.07

Cyient Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.35 0.00 2.07 0.00

NSE:CYIENT vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Cyient'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.


Cyient Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cyient's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:CYIENT
84GF Score
Cyient Ltd NSE:CYIENT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyient 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.

Cyient's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Cyient Quarterly Data

Book Value per Share CPI Adj_Book
201609 182.371 105.961 285.955
201612 0.000 105.196 0.000
201703 188.094 105.196 297.074
201706 0.000 107.109 0.000
201709 197.941 109.021 301.656
201712 0.000 109.404 0.000
201803 208.169 109.786 315.033
201806 0.000 111.317 0.000
201809 222.069 115.142 320.437
201812 0.000 115.142 0.000
201903 232.100 118.202 326.241
201906 0.000 120.880 0.000
201909 234.525 123.175 316.341
201912 0.000 126.235 0.000
202003 232.870 124.705 310.254
202006 0.000 127.000 0.000
202009 249.366 130.118 318.411
202012 0.000 130.889 0.000
202103 268.772 131.771 338.886
202106 0.000 134.084 0.000
202109 265.703 135.847 324.964
202112 0.000 138.161 0.000
202203 282.513 138.822 338.119
202206 0.000 142.347 0.000
202209 290.831 144.661 334.024
202212 0.000 145.763 0.000
202303 316.605 146.865 358.170
202306 0.000 150.280 0.000
202309 367.821 151.492 403.399
202312 0.000 152.924 0.000
202403 387.410 153.035 420.601
202406 0.000 155.789 0.000
202409 467.118 157.882 491.566
202412 0.000 158.323 0.000
202503 482.016 157.552 508.308
202506 0.000 159.755 0.000
202509 504.095 162.289 516.073
202512 0.000 163.281 0.000
202603 514.315 164.272 520.179
202606 0.000 166.145 0.000

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 Cyient (NSE:CYIENT) Overvalued in 2026?

Based on GuruFocus' analysis, Cyient stock appears to be undervalued. The current stock price of ₹857.50 is trading 42.4% below its estimated GF Value™ of ₹1,488.52. GuruFocus considers Cyient to be Significantly Undervalued.

Key valuation signals for NSE:CYIENT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹1,488.52 vs. price of ₹857.50 (42.4% below fair value)
  • GF Score™: 84/100 with 5 warning signs

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


Cyient Business Description

Other Exchanges 532175:India
Address A Wing, Plot No. 11, 4th Floor, Software Units Layout Infocity, Madhapur, Hyderabad, TG, IND, 500081
Cyient Ltd is engaged in providing technology services and solutions specialising in utilities and spatial intelligence, communications, healthcare and life sciences, energy, rail transportation, engineering design, IT solutions, and data analytics. It Segments are: The Digital, Engineering & Technology (DET) segment, which generates the majority of revenue, consists of engineering solutions across multiple industries, including Transportation & Mobility, Networks & Infrastructure, and Strategic units. The Design-Led Manufacturing (DLM) segment consists of electronics manufacturing services, while the Semiconductors segment consists of the design, development, and supply chain management of semiconductor chips and other. It generates maximum revenue from North America.
84GF Score

Get the complete analysis for NSE:CYIENT

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

₹857.50
Price
₹1,488.52
GF Value