Dilip Buildcon (NSE:DBL) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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
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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:DBL Dilip Buildcon Ltd NSE:DBL
69 GF Score
Price ₹421.20
GF Value ₹342.97
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Dilip Buildcon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dilip Buildcon  (NSE:DBL) 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.


Dilip Buildcon Cyclically Adjusted PB Ratio Related Terms


Dilip Buildcon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dilip Buildcon'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.

Dilip Buildcon Cyclically Adjusted PB Ratio Chart

Dilip Buildcon 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 0.00 0.00

Dilip Buildcon 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 0.00 0.00 0.00 0.00

NSE:DBL vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Dilip Buildcon'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.


Dilip Buildcon Cyclically Adjusted PB Ratio vs Construction Industry

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

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


NSE:DBL
69GF Score
Dilip Buildcon Ltd NSE:DBL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dilip Buildcon 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.

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

For example, Dilip Buildcon'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Dilip Buildcon Quarterly Data

Book Value per Share CPI Adj_Book
201203 21.555 76.889 46.917
201303 39.099 85.687 76.365
201403 52.572 91.425 96.235
201503 51.424 97.163 88.575
201603 68.152 102.518 111.256
201703 125.684 105.196 199.952
201803 166.419 109.786 253.687
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 205.160 118.202 290.477
201906 0.000 120.880 0.000
201909 213.464 123.175 290.033
201912 0.000 126.235 0.000
202003 229.677 124.705 308.232
202006 0.000 127.000 0.000
202009 238.137 130.118 306.291
202012 0.000 130.889 0.000
202103 232.521 131.771 295.317
202106 0.000 134.084 0.000
202109 249.419 135.847 307.273
202112 0.000 138.161 0.000
202203 242.839 138.822 292.756
202206 0.000 142.347 0.000
202209 240.480 144.661 278.209
202212 0.000 145.763 0.000
202303 273.680 146.865 311.868
202306 0.000 150.280 0.000
202309 282.782 151.492 312.397
202312 0.000 152.924 0.000
202403 298.851 153.035 326.821
202406 0.000 155.789 0.000
202409 315.560 157.882 334.498
202412 0.000 158.323 0.000
202503 346.355 157.552 367.911
202506 0.000 159.755 0.000
202509 355.318 162.289 366.414
202512 0.000 163.281 0.000
202603 420.395 164.272 428.290
202606 0.000 167.357 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 Dilip Buildcon (NSE:DBL) Overvalued in 2026?

Based on GuruFocus' analysis, Dilip Buildcon stock appears to be overvalued. The current stock price of ₹421.20 is trading 22.8% above its estimated GF Value™ of ₹342.97. GuruFocus considers Dilip Buildcon to be Modestly Overvalued.

Key valuation signals for NSE:DBL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹342.97 vs. price of ₹421.20 (22.8% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Dilip Buildcon Business Description

Other Exchanges 540047:India
Address Kolar Road, Plot No. 5, Inside Govind Narayan Singh Gate, Janki Nagar, Chuna Bhatti, Bhopal, MP, IND, 462 016
Dilip Buildcon Ltd operates as a road construction company in India. It develops infrastructure facilities on an engineering, procurement, and construction basis and takes contracts from the government, other parties, and special-purpose vehicles. The Group has two business Segments: EPC Projects: Construction /Development of Infrastructure Project; Road Infrastructure Maintenance & Toll operations: Maintenance of Road Infrastructure & Toll Operations governed by the Concession agreements entered with the principals and Annuity Projects & Others. The company derives the majority of its revenue from the EPC projects segment.
69GF Score

Get the complete analysis for NSE:DBL

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

₹421.20
Price
₹342.97
GF Value