India Power (NSE:DPSCLTD) Cyclically Adjusted PB Ratio: 0.33 (As of Aug. 24, 2026) — 43% Below Median

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NSE:DPSCLTD India Power Corp Ltd NSE:DPSCLTD
67 GF Score
Price ₹7.13
GF Value ₹19.52
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is India Power Cyclically Adjusted PB Ratio?

India Power NSE:DPSCLTD -0.42% 67 Cyclically Adjusted PB Ratio is 0.33 as of Aug. 24, 2026, which is 43% below its 10-year median of 0.58. GuruFocus rates NSE:DPSCLTD with a GF Score™ of 67/100 and a GF Value™ of ₹19.52 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 426 Utilities - Regulated companies, India Power ranks better than 91.55% on this metric.

As of today (2026-08-24), India Power's current share price is ₹7.13. India Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹21.57. India Power's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for India Power's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:DPSCLTD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.58   Max: 0.95
Current: 0.33

During the past years, India Power's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.33. And the median was 0.58.

NSE:DPSCLTD's Cyclically Adjusted PB Ratio is ranked better than
91.55% of 426 companies
in the Utilities - Regulated industry
Industry Median: 1.55 vs NSE:DPSCLTD: 0.33

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

India Power's adjusted book value per share data for the three months ended in Mar. 2026 was ₹9.145. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹21.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Power  (NSE:DPSCLTD) 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.


India Power Cyclically Adjusted PB Ratio Related Terms


India Power Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for India Power'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.

India Power Cyclically Adjusted PB Ratio Chart

India Power 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 0.79 0.52 0.33

India Power 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 0.52 0.00 0.55 0.00 0.33

NSE:DPSCLTD vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, India Power'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.


India Power Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, India Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DPSCLTD
67GF Score
India Power Corp Ltd NSE:DPSCLTD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Power 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.

India Power's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.13/21.57
=0.33

* 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.

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

For example, India Power'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)
=9.145/164.2724*164.2724
=9.145

Current CPI (Mar. 2026) = 164.2724.

India Power Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201309 10.194 91.042 18.394
201312 0.000 91.425 0.000
201403 10.310 91.425 18.525
201503 10.752 97.163 18.178
201603 11.112 102.518 17.806
201703 51.391 105.196 80.251
201803 51.620 109.786 77.239
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 11.909 118.202 16.551
201906 0.000 120.880 0.000
201909 11.938 123.175 15.921
201912 0.000 126.235 0.000
202003 16.610 124.705 21.880
202006 0.000 127.000 0.000
202009 16.640 130.118 21.008
202012 0.000 130.889 0.000
202103 16.843 131.771 20.997
202106 0.000 134.084 0.000
202109 16.869 135.847 20.399
202112 0.000 138.161 0.000
202203 14.052 138.822 16.628
202206 0.000 142.347 0.000
202209 13.810 144.661 15.682
202212 0.000 145.763 0.000
202303 10.328 146.865 11.552
202306 0.000 150.280 0.000
202309 10.361 151.492 11.235
202312 0.000 152.924 0.000
202403 10.437 153.035 11.203
202406 0.000 155.789 0.000
202409 11.400 157.882 11.861
202412 0.000 158.323 0.000
202503 9.035 157.552 9.420
202506 0.000 159.755 0.000
202509 9.080 162.289 9.191
202512 0.000 163.281 0.000
202603 9.145 164.272 9.145

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.

What does a Cyclically Adjusted PB Ratio of 0.33 mean?
India Power (NSE:DPSCLTD) has a Cyclically Adjusted PB Ratio of 0.33 as of Aug. 24, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on India Power and its competitors. This is 43% below median its historical median of 0.58. Over the past decade, India Power's Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.95. According to the industry distribution chart, India Power ranks #36 out of 426 companies in the Utilities - Regulated industry, placing it in the top 8.5%.
Is India Power's Cyclically Adjusted PB Ratio too high?
India Power's current Cyclically Adjusted PB Ratio of 0.33 is 43% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.95. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.55. India Power's value of 0.33 is 78.7% below this industry median. Based on the distribution chart, India Power ranks #36 out of 426 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, India Power has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does India Power's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, India Power ranks #36 out of 426 companies for Cyclically Adjusted PB Ratio. This places India Power in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.55. India Power's value of 0.33 is 78.7% below this benchmark. Historically, India Power's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.95 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.55, India Power has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.55, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Power's current Cyclically Adjusted PB Ratio of 0.33 is 78.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on India Power and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Power's current Cyclically Adjusted PB Ratio is 0.33, which is 43% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Power stock overvalued right now?
Based on GuruFocus' analysis, India Power (NSE:DPSCLTD) is currently considered Possible Value Trap. The stock's GF Value™ is ₹19.52, compared to a current price of ₹7.13 — trading 63.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is 43% below median its 10-year median of 0.58 and 78.7% below the Utilities - Regulated industry median of 1.55. India Power's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For India Power (NSE:DPSCLTD), the current Cyclically Adjusted PB Ratio is 0.33 as of Aug. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is India Power (NSE:DPSCLTD) Overvalued in 2026?

Based on GuruFocus' analysis, India Power stock appears to be undervalued. The current stock price of ₹7.13 is trading 63.5% below its estimated GF Value™ of ₹19.52. GuruFocus considers India Power to be Possible Value Trap.

Key valuation signals for NSE:DPSCLTD:

  • Cyclically Adjusted PB Ratio: 0.33 (43% below median its 10-year median of 0.58)
  • GF Value™: ₹19.52 vs. price of ₹7.13 (63.5% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 78.7% below the Utilities - Regulated median (#36 of 426)

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


India Power Business Description

Address Sector - V, Plot No. X1 - 2 and 3, Block - EP, Salt Lake City, Kolkata, WB, IND, 700 091
India Power Corp Ltd is an India-based power generation and utility company. It is involved in the renewable and conventional modes of power generation, distribution, and power trading. Along with conventional modes of power generation, it harnesses wind and solar energies to increase power generation capacity. The company's business segments are Regulated operations and Non-Regulated operations. The company derives maximum revenue from the Regulated operations.
67GF Score

Get the complete analysis for NSE:DPSCLTD

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

₹7.13
Price
₹19.52
GF Value