D P Wires (NSE:DPWIRES) Cyclically Adjusted PB Ratio: 1.55 (As of Aug. 05, 2026) — 35% Below Median

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NSE:DPWIRES D P Wires Ltd NSE:DPWIRES
66 GF Score
Price ₹169.56
GF Value ₹187.09
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is D P Wires Cyclically Adjusted PB Ratio?

D P Wires NSE:DPWIRES +3.22% 66 Cyclically Adjusted PB Ratio is 1.55 as of Aug. 05, 2026, which is 35% below its 10-year median of 2.38. GuruFocus rates NSE:DPWIRES with a GF Score™ of 66/100 and a GF Value™ of ₹187.09 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,255 Industrial Products companies, D P Wires ranks better than 60.71% on this metric.

As of today (2026-08-05), D P Wires's current share price is ₹169.56. D P Wires's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was ₹109.56. D P Wires's Cyclically Adjusted PB Ratio for today is 1.55.

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

NSE:DPWIRES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.38   Max: 7.13
Current: 1.54

During the past 13 years, D P Wires's highest Cyclically Adjusted PB Ratio was 7.13. The lowest was 1.28. And the median was 2.38.

NSE:DPWIRES's Cyclically Adjusted PB Ratio is ranked better than
60.71% of 2255 companies
in the Industrial Products industry
Industry Median: 2.07 vs NSE:DPWIRES: 1.54

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.

D P Wires's adjusted book value per share data of for the fiscal year that ended in Mar26 was ₹171.616. 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 ₹109.56 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


D P Wires  (NSE:DPWIRES) 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.


D P Wires Cyclically Adjusted PB Ratio Related Terms


D P Wires Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for D P Wires'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.

D P Wires Cyclically Adjusted PB Ratio Chart

D P Wires 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 5.68 2.14 1.16

D P Wires Quarterly Data
Mar21 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 2.14 0.00 0.00 0.00 1.16

NSE:DPWIRES vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, D P Wires'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.


D P Wires Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, D P Wires's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DPWIRES
66GF Score
D P Wires Ltd NSE:DPWIRES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D P Wires 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.

D P Wires's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.56/109.56
=1.55

* 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.

D P Wires's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, D P Wires's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=171.616/164.2724*164.2724
=171.616

Current CPI (Mar26) = 164.2724.

D P Wires Annual Data

Book Value per Share CPI Adj_Book
201703 17.986 105.196 28.087
201803 41.684 109.786 62.371
201903 52.895 118.202 73.511
202003 63.597 124.705 83.775
202103 79.107 131.771 98.619
202203 97.889 138.822 115.835
202303 123.482 146.865 138.118
202403 145.929 153.035 156.645
202503 160.271 157.552 167.108
202603 171.616 164.272 171.616

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 1.55 mean?
D P Wires (NSE:DPWIRES) has a Cyclically Adjusted PB Ratio of 1.55 as of Aug. 05, 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 D P Wires and its competitors. This is 35% below median its historical median of 2.38. Over the past decade, D P Wires' Cyclically Adjusted PB Ratio has ranged from 1.28 to 7.13. According to the industry distribution chart, D P Wires ranks #886 out of 2255 companies in the Industrial Products industry, placing it in the top 39.3%.
Is D P Wires' Cyclically Adjusted PB Ratio too high?
D P Wires' current Cyclically Adjusted PB Ratio of 1.55 is 35% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 7.13. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. D P Wires' value of 1.55 is 25.1% below this industry median. Based on the distribution chart, D P Wires ranks #886 out of 2255 companies in the Industrial Products industry, which is above the industry midpoint. Overall, D P Wires has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does D P Wires' Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, D P Wires ranks #886 out of 2255 companies for Cyclically Adjusted PB Ratio. This puts D P Wires in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. D P Wires' value of 1.55 is 25.1% below this benchmark. Historically, D P Wires' own Cyclically Adjusted PB Ratio has ranged from 1.28 to 7.13 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 2.07, D P Wires 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,255 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. D P Wires's current Cyclically Adjusted PB Ratio of 1.55 is 25.1% 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 D P Wires and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D P Wires's current Cyclically Adjusted PB Ratio is 1.55, which is 35% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D P Wires stock overvalued right now?
Based on GuruFocus' analysis, D P Wires (NSE:DPWIRES) is currently considered Fairly Valued. The stock's GF Value™ is ₹187.09, compared to a current price of ₹169.56 — trading 9.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.55, which is 35% below median its 10-year median of 2.38 and 25.1% below the Industrial Products industry median of 2.07. D P Wires' overall GF Score™ is 66/100 with 4 warning signs 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 D P Wires (NSE:DPWIRES), the current Cyclically Adjusted PB Ratio is 1.55 as of Aug. 05, 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 D P Wires (NSE:DPWIRES) Overvalued in 2026?

Based on GuruFocus' analysis, D P Wires stock appears to be undervalued. The current stock price of ₹169.56 is trading 9.4% below its estimated GF Value™ of ₹187.09. GuruFocus considers D P Wires to be Fairly Valued.

Key valuation signals for NSE:DPWIRES:

  • Cyclically Adjusted PB Ratio: 1.55 (35% below median its 10-year median of 2.38)
  • GF Value™: ₹187.09 vs. price of ₹169.56 (9.4% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 25.1% below the Industrial Products median (#886 of 2255)

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


D P Wires Business Description

Other Exchanges 543962:India
Address 16-18A, Industrial Estate, Ratlam, MP, IND, 457001
D P Wires Ltd is engaged in the manufacturing and supply of Steel wires and plastic films. The company operates in four segments: the Wire Division, which generates the majority of revenue; the Plastic Product Division; the Trading Division; and the Power Division. The wire division is engaged in the manufacturing of Steel Wires that is Stranded Wires, UnGalvanised Wires, and others. The products of the company are used in industries like oil & gas, power, environment, civil, energy, automobile, and infrastructure.
66GF Score

Get the complete analysis for NSE:DPWIRES

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

₹169.56
Price
₹187.09
GF Value