Dhunseri Ventures (NSE:DVL) Cyclically Adjusted PB Ratio: 0.37 (As of Jul. 28, 2026) — 30% Below Median

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NSE:DVL Dhunseri Ventures Ltd NSE:DVL
71 GF Score
Price ₹241.21
GF Value ₹342.29
Valuation Possible Value Trap
! 6 Warning Signs
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What is Dhunseri Ventures Cyclically Adjusted PB Ratio?

Dhunseri Ventures NSE:DVL -1.13% 71 Cyclically Adjusted PB Ratio is 0.37 as of Jul. 28, 2026, which is 30% below its 10-year median of 0.53. GuruFocus rates NSE:DVL with a GF Score™ of 71/100 and a GF Value™ of ₹342.29 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 624 Capital Markets companies, Dhunseri Ventures ranks better than 84.62% on this metric.

As of today (2026-07-28), Dhunseri Ventures's current share price is ₹241.21. Dhunseri Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹653.50. Dhunseri Ventures's Cyclically Adjusted PB Ratio for today is 0.37.

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

NSE:DVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.53   Max: 0.86
Current: 0.37

During the past years, Dhunseri Ventures's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.32. And the median was 0.53.

NSE:DVL's Cyclically Adjusted PB Ratio is ranked better than
84.62% of 624 companies
in the Capital Markets industry
Industry Median: 1.31 vs NSE:DVL: 0.37

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.

Dhunseri Ventures's adjusted book value per share data for the three months ended in Mar. 2026 was ₹938.637. 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 ₹653.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhunseri Ventures  (NSE:DVL) 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.


Dhunseri Ventures Cyclically Adjusted PB Ratio Related Terms


Dhunseri Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dhunseri Ventures'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.

Dhunseri Ventures Cyclically Adjusted PB Ratio Chart

Dhunseri Ventures 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 0.52 0.29

Dhunseri Ventures 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 0.58 0.00 0.29

NSE:DVL vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Dhunseri Ventures'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.


Dhunseri Ventures Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dhunseri Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:DVL
71GF Score
Dhunseri Ventures Ltd NSE:DVL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhunseri Ventures 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.

Dhunseri Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=241.21/653.50
=0.37

* 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.

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

For example, Dhunseri Ventures'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)
=938.637/164.2724*164.2724
=938.637

Current CPI (Mar. 2026) = 164.2724.

Dhunseri Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201209 441.363 82.244 881.567
201212 0.000 83.774 0.000
201303 221.596 85.687 424.826
201403 238.156 91.425 427.919
201503 184.112 97.163 311.276
201603 141.162 102.518 226.194
201703 314.098 105.196 490.490
201803 340.755 109.786 509.869
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 388.933 118.202 540.523
201906 0.000 120.880 0.000
201909 385.694 123.175 514.381
201912 0.000 126.235 0.000
202003 352.046 124.705 463.746
202006 0.000 127.000 0.000
202009 390.958 130.118 493.580
202012 0.000 130.889 0.000
202103 458.009 131.771 570.979
202106 0.000 134.084 0.000
202109 533.817 135.847 645.516
202112 0.000 138.161 0.000
202203 588.750 138.822 696.687
202206 0.000 142.347 0.000
202209 706.818 144.661 802.639
202212 0.000 145.763 0.000
202303 752.973 146.865 842.223
202306 0.000 150.280 0.000
202309 807.629 151.492 875.763
202312 0.000 152.924 0.000
202403 844.882 153.035 906.925
202406 0.000 155.789 0.000
202409 909.694 157.882 946.513
202412 0.000 158.323 0.000
202503 910.606 157.552 949.450
202506 0.000 159.755 0.000
202509 922.183 162.289 933.452
202512 0.000 163.281 0.000
202603 938.637 164.272 938.637

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 0.37 mean?
Dhunseri Ventures (NSE:DVL) has a Cyclically Adjusted PB Ratio of 0.37 as of Jul. 28, 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 Dhunseri Ventures and its competitors. This is 30% below median its historical median of 0.53. Over the past decade, Dhunseri Ventures' Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.86. According to the industry distribution chart, Dhunseri Ventures ranks #96 out of 624 companies in the Capital Markets industry, placing it in the top 15.4%.
Is Dhunseri Ventures' Cyclically Adjusted PB Ratio too high?
Dhunseri Ventures' current Cyclically Adjusted PB Ratio of 0.37 is 30% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.86. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. Dhunseri Ventures' value of 0.37 is 71.8% below this industry median. Based on the distribution chart, Dhunseri Ventures ranks #96 out of 624 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Dhunseri Ventures has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dhunseri Ventures' Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Dhunseri Ventures ranks #96 out of 624 companies for Cyclically Adjusted PB Ratio. This places Dhunseri Ventures in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.31. Dhunseri Ventures' value of 0.37 is 71.8% below this benchmark. Historically, Dhunseri Ventures' own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.86 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.31, Dhunseri Ventures 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 a Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 624 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. Dhunseri Ventures's current Cyclically Adjusted PB Ratio of 0.37 is 71.8% 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 Dhunseri Ventures and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhunseri Ventures's current Cyclically Adjusted PB Ratio is 0.37, which is 30% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhunseri Ventures stock overvalued right now?
Based on GuruFocus' analysis, Dhunseri Ventures (NSE:DVL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹342.29, compared to a current price of ₹241.21 — trading 29.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 30% below median its 10-year median of 0.53 and 71.8% below the Capital Markets industry median of 1.31. Dhunseri Ventures' overall GF Score™ is 71/100 with 6 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 Dhunseri Ventures (NSE:DVL), the current Cyclically Adjusted PB Ratio is 0.37 as of Jul. 28, 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 Dhunseri Ventures (NSE:DVL) Overvalued in 2026?

Based on GuruFocus' analysis, Dhunseri Ventures stock appears to be undervalued. The current stock price of ₹241.21 is trading 29.5% below its estimated GF Value™ of ₹342.29. GuruFocus considers Dhunseri Ventures to be Possible Value Trap.

Key valuation signals for NSE:DVL:

  • Cyclically Adjusted PB Ratio: 0.37 (30% below median its 10-year median of 0.53)
  • GF Value™: ₹342.29 vs. price of ₹241.21 (29.5% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 71.8% below the Capital Markets median (#96 of 624)

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


Dhunseri Ventures Business Description

Other Exchanges 523736:India
Address Dhunseri House, 4-A, Woodburn Park, Kolkata, WB, IND, 700020
Dhunseri Ventures Ltd is engaged in the capital market business sector. The company is involved in Trading, Treasury operations, Flexible packaging films and Food and Beverages. The firm generates the majority of revenue from the Trading segment.
71GF Score

Get the complete analysis for NSE:DVL

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

₹241.21
Price
₹342.29
GF Value