Deccan Gold Mines (NSE:DECNGOLD) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:DECNGOLD Deccan Gold Mines Ltd NSE:DECNGOLD
19 GF Score
Price ₹245.67
GF Value ₹70.39
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Deccan Gold Mines 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


Deccan Gold Mines  (NSE:DECNGOLD) 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.


Deccan Gold Mines Cyclically Adjusted PB Ratio Related Terms


Deccan Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deccan Gold Mines'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.

Deccan Gold Mines Cyclically Adjusted PB Ratio Chart

Deccan Gold Mines 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 12.90 9.70

Deccan Gold Mines 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 17.92 0.00 9.70 0.00

NSE:DECNGOLD vs : Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Deccan Gold Mines'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.


Deccan Gold Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Deccan Gold Mines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DECNGOLD
19GF Score
Deccan Gold Mines Ltd NSE:DECNGOLD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deccan Gold Mines 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.

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

For example, Deccan Gold Mines'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Deccan Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 229.601 0.000
201303 0.340 232.773 0.488
201403 0.049 236.293 0.069
201503 0.166 236.119 0.235
201603 5.965 238.132 8.365
201703 5.770 243.801 7.904
201803 5.459 249.554 7.305
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 5.163 254.202 6.783
201906 0.000 256.143 0.000
201909 5.030 256.759 6.542
201912 0.000 256.974 0.000
202003 4.889 258.115 6.325
202006 0.000 257.797 0.000
202009 4.697 260.280 6.026
202012 0.000 260.474 0.000
202103 4.563 264.877 5.753
202106 0.000 271.696 0.000
202109 4.420 274.310 5.381
202112 0.000 278.802 0.000
202203 4.295 287.504 4.989
202206 0.000 296.311 0.000
202209 4.193 296.808 4.718
202212 0.000 296.797 0.000
202303 11.637 301.836 12.875
202306 0.000 305.109 0.000
202309 17.768 307.789 19.278
202312 0.000 306.746 0.000
202403 13.670 312.332 14.616
202406 0.000 314.175 0.000
202409 13.641 315.301 14.448
202412 0.000 315.605 0.000
202503 15.223 319.799 15.897
202506 0.000 322.561 0.000
202509 12.301 324.800 12.648
202512 0.000 324.054 0.000
202603 25.060 330.213 25.344
202606 0.000 333.952 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 Deccan Gold Mines (NSE:DECNGOLD) Overvalued in 2026?

Based on GuruFocus' analysis, Deccan Gold Mines stock appears to be overvalued. The current stock price of ₹245.67 is trading 249% above its estimated GF Value™ of ₹70.39. GuruFocus considers Deccan Gold Mines to be Significantly Overvalued.

Key valuation signals for NSE:DECNGOLD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹70.39 vs. price of ₹245.67 (249% above fair value)
  • GF Score™: 19/100 with 3 warning signs

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


Deccan Gold Mines Business Description

Comparable Companies
Other Exchanges 512068:India
Address No. 77, 16th Cross Road, Sector-4, HSR Layout, Bangalore, KA, IND, 560 102
Deccan Gold Mines Ltd is a mining company engaged in the business of gold exploration and mining. It has been involved in gold exploration activities in the states of Karnataka and Andhra Pradesh where the activities have resulted in defining many gold prospects spread across these states. Its objective is to advance these gold prospects into commercial gold production. The company's projects portfolio includes the , Hattu Schist Belt, Kalevala Gold Projects, Finland, Altyn Tor Gold Project- Naryn Province, Kyrgyzstan, Mozambique Projects, Syrjala Project, and others.
19GF Score

Get the complete analysis for NSE:DECNGOLD

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

₹245.67
Price
₹70.39
GF Value